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Scalable Income Idea for MJ: Monetising the Paycheck POT.

Idea threads

codonnell

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In Unscripted , MJ outlines his “Paycheck Pot” (Money Systems) which is a portfolio of blue chip dividend paying stocks REITs, MLPs and other investments.

The Paycheck POT is a super impressive, diversified portfolio of dividend paying instruments yielding approx. 4% per annum.

MJ’s readers (and many non-readers) would be interested in replicating MJ’s Paycheck POT.

Idea 1: Paycheck POT monthly newsletter subscription.

MJ could publish a monthly update setting out the instruments that make-up the Paycheck POT.

The information could include the relevant securities, stop loss price (if any) and take profit target (to apply the “3 Years in 3 months rule”) and any change he has made to the portfolio.

Potential gross income:

Annual subscription fee: $300.00 (a bargain for the information provided)

Subscribers: 1,000.

Gross income: 300,000.00

Idea 2: Automated Paycheck POT service

Collective 2 provides a service where people (Followers) can copy the trades made in a third person’s broker account (Signal Provider).

MJ could make his account a Signal Provider and charge people to follow it.

For this to work you would need people to have a large account balance as Collective 2 charge $89 fee.

Followers would need to pay $89 fee plus whatever fee MJ imposed as Signal Provider.

For both Ideas 1 and 2, you are probably dealing with a limited audience that has sufficient funds to be interested in the service.

Assuming a follower needs a $50k account to make Idea 1 feasible, if you had 500 subscribers, you still gross $150,000.00.

A final idea: A newsletter for his option trading recommendations (I would subscribe to that for sure)

Random thoughts gents!
 
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MJ DeMarco

I followed the science; all I found was money.
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Really good ideas, thank you for posting them.

A final idea: A newsletter for his option trading recommendations (I would subscribe to that for sure)

That already exists, it's on the Inside and it's 20+ pages.
 

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