Image via WikipediaI posted a little bit about my strategy on Empire Avenue a while ago. Basically, I'm taking all my income and investing it into high income-producing investments. I could invest in growth; but the only problem with that strategy is that it's hit or miss.Some members of Empire Avenue are duds; others are slow growers, and others might grow quickly in their valuation.
Rather than spend countless hours researching and checking innumerable people in whom to invest, I spend about 5 minutes per day investing in blue chip stocks. They pay out regular dividends and retain their share price. I save time and trouble.
More importantly, I don't even have to be a great participant in Empire Avenue to generate income. Even if nobody invests in me, I have about
A warning: this totally circumvents the entire purpose of Empire Avenue, which is to reward your social media activity and sociability within the network. I'm still #winning.
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