Hey everyone, it’s time to round up last week with another fantastic edition of LINK LOVE! We may not be getting these out on time, but we are getting them out… so stick with it!
It’s been a busy few weeks… and now that I have some daylight this week hopefully I can get all caught up and start putting out some awesome new content. One idea that I have been playing around with is setting up an entirely new blog in 30 days, and posting the progress every day so that we could all follow along with exactly what I am doing. Better yet, I feel that I could do it in just 30 minutes each day, so we could take small chunks out of building a new cash stream online that anyone could follow in their spare time before going to bed each night (or before going to work each morning!). Before I get into that, let’s bring it back for the top articles of the week:
- Dat Money – Tax Deductible Expenses for Self-Employed Online Entrepreneurs
- Real Blogging Tips – How You Can Cash in with Entrecard Explained
- Winning The Web – 6 Ways to Use Hot Trends to Explode Your Traffic
- Tyler Cruz – My 2008 Personal Income Tax Results
- Ian Fernando – Watching Oprah to Boost Your Online Income
Notice a theme in today’s posts? It’s tax time in the USA and many other prominent nations, so I figured that some of these articles might be especially useful to those of you turning in your papers. Along those lines, Jay from Dat Money wrote about some of the best expenses to use that are tax-deductible if you are in the online marketing biz. Following suite, Tyler from Tyler Cruz broke down his filings for 2008 to give you a closer look into how you should be forming your revenues and expenses. Ben from RealBloggingTips.com talked about an awesome new method that can help you 
cash in on Entrecard’s latest plans. Gyutae Park from Winning The Web explained 6 powerful ways to exploit trends on the internet for fast growth in another compelling article. Finally, Ian Fernando brought up a really interesting point… using Oprah to make some extra cash online!
Stock Market Update
After rallying all the way to a 21% upside from the recent bottom in the Dow Jones, we seem to be experiencing some traction up at the top. Unable to break the 8000 level on the Dow Jones, we settled Monday down over 3% to just over 7,500. The next “support” level, an area where most traders will either call it a bottom, or break down for another big down day, is around 7410… so we will have to see if we plunge past that level.
There are two sides to this story: the rally is real, or the rally is fake. The first argument would say that this period we are in now is simply minor headwinds as some investors take some quick and prudent gains off the table before rallying higher. However, the other side of the story would tell you that the entire 21% gain from the bottom was a “suckers rally” and we are going to crash all the way back down to a new low. Personally, I believe the latter (unfortunately), but would still not mind taking a small loss if that were the true bottom.
The big news of last week was that Tim Geithner and the Federal Reserve came up with a new plan to get bad assets off of the U.S. Bank’s books. This involves using some of the TARP bailout funding, combined with the private sector, to 
essentially buy assets off in an auction-style bid process. The hope is that investors will buy these assets based on cheap valuations, and hopes that the bad assets will actually turn profitable (by “bad,” we really just mean high-risk!). I am not satisfied with this plan, but we will have to wait and see.
Blogosphere Update
We are continuing on with traffic tips and techniques for getting a massive stream of users to your blog throughout this week, but I would like to go ahead and get some kind of plan set in stone for the week thereafter. We have already discussed above how I am planning on taking a new blog from zero to hero in 30 days, working just 30 mins every day and blogging about what I have done every day. I feel like this is a pretty good plan, but since it would take a significant amount of real estate, I would like to hear your thoughts on it!
Please vote in the poll whether or not you think this is a good plan, and if you leave a comment as well you will have a shot to win a free one-month text link! I’ll give two of these away randomly, so be sure to vote!
Sorry, there are no polls available at the moment.
Fortunately for me, I was a lucky recipient of a prize in Zac Johnson’s Twitter Blog Contest. While it wasn’t anything that I am insanely excited about, I haven’t won anything in awhile… so I figured I’d give the heads up that I’m back on the winning path with a signed copy of Gary V’s “101 Wines” book. Time to get cultured, eh?
Market Leverage made good use out of this week’s promo video (they do one each week), and made it an April Fool’s edition. With jokes that made fun of everyone from Tyler Cruz to Jim Kukral, they landed one joke that made the headlines at JohnChow.com… claiming that he was their latest affiliate manager! Props to Market Leverage for a job well done, and here’s to seeing some more creative April Fools Day (April 1st) pranks across the blogging world.
On a sadder news, we have two prominent bloggers putting up their websites for sale. First off, it’s Jason P’s second run at things… as he tries to sell off TheUniversityKid.com to one lucky buyer in this re-auction being given away right now. As of this post, he is fetching $1,100… but I think that he can get more! In fact, I’ll put in my own price floor at $1,250 if nobody else bids! 
Along with Jason, one of my good friends over at Iron Blogger is putting yet another industry name up for grabs. Iron Blogger is a bit newer, but definitely well known in the industry… so let’s see what they end up going for, eh? I feel that now is the worst time to sell a blog… but we’ll see what they can fetch before making that call.
That’s it for this week, stay tuned for more!
-Jimvesting
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Congrats Jim.
Jason P’s site is worth more than that. Haha. I will be shocked to death if his site is sold for anything less than $5k.
Cheers for the Real Blogging Tips link love….. This is Forest and I am now the proud new owner… Hopefully Ben will be back to guest here and there.
I just did my Canadian taxes and will have to get my UK ones done in may or june…. I try and keep them as simple as I can as don’t want too much hassle. However I am probably losing cash this way!!
I’m moving to Egypt soon…. no idea how the tax system works there!
University Kid is going to go for a lot…Iron Blogger should at least sell for a G. Good luck to both of them.
nice post
Thanks for the mention Jim! While most of the news is april fools related, John actually will be joining our team! We’re looking forward to having him on board.
Twitter: @jimvesting
March 31, 2009 at 4:02 pm #
Ah, the sign of a true April Fool’er… never giving up on the joke!
I still don’t quite believe you Dina, but way to be!
So, what am I winning on April Fool’s Day? A double negative win? I hope so
Hahaha ok, you caught me! Or did you?
Happy April Fools!
Good catch on aprils fool.But yes I do agree take that writing articles per day to your blog to get you anywhere.Cheers
TUK is worth at least $10,000.
April fools day scares me i don’t know what to believe
What would be the exact price of a blog? hard to tell……lol
Alright, I read this twice and I still can’t tell if it’s a joke. TUK should obviously get a nice chunk of change so…
I would think also…lol
Link Love already made to blogger people, best of to sell their blogs, because of April foll little bit hard to believe, impressive post for link lovers.
Interesting man! I’ll be checking those posts, but thanks for the heads up on the blogs selling man…hate to see them go, but you’ve got to do that sometimes.
Glad to see the Fool still chuggin man.
Try and keep them as simple…
I love do follow linking.
The stock markets are about to enter the first earnings seasons of 2009. Over the past four weeks, the majority of the economic data has provided investors with a better than expected outlook; however, as we are about to look at the market by a firm to firm basis, are things really as great as they appear to be.
Hey thanks for the sharing of link posts, I’ll check them out!
I think TheUniversityKid had been sold in $3000?
Regards,
Lee
Strange decision from Jason. It seems pretty successful, if I were him I would not sold the blog for just 1100 that´s nothing, there are too much effort on that blog.