Sell Your Blog or Continue Blogging to Fund Future Retirement?
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After reading Jonathan Phillips’ blog post, Would You Consider Selling?, I got to wondering how many bloggers, especially Baby Boomers, are blogging not only as a means of producing current income, but how many are taking into consideration ways to earn income from blogging to invest for future retirement? The focus of Jonathan’s question is whether or not you would consider selling your blog if an interested party made an offer to purchase.
If my blog was monetarily successful I would have to consider whether or not keeping a financially lucrative blog would be a better long term investment than selling it and investing the money otherwise. Or, would I reap greater financial benefits for retirement by continuing with the particular blog myself and investing some or all of the residual income produced for retirement? A blog is online real estate and in the offline world wouldn’t you take such into consideration if you sold real estate property that produced income?
I’m not an expert in investing and should’ve made it a point to learn more about preparing financially for retirement a long time ago. So, anything you have to share about this subject will be appreciated. I’m always open to learning so what can you teach others and me about blogging as an investment of some sort?
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