This week I was talking to a guy, Adam, who used to be a strawberry farmer until he swapped it for property developing.
Buying property and becoming a landlord has been a lot better for him.
The decision to turn his back on the strawberry farm was hard for him because it was a family business which was passed down to him from his father who had taken it over from his father.
Adam really enjoyed working outside in the fresh air tending to his crop but it was getting harder to make money. The supermarkets were expecting and demanding more but were paying less and less.
The changing health and safety regulations were also a growing issue. They were making it harder for people to simply do what they had been doing for generations.
It wasn’t that Adam wanted to put people in harm’s way or refuse to give them any workplace protections, it was just that they were becoming ridiculously restrictive and making it hard for people to simply ‘get on’.
With the pressures from multiple angles, Adam made the brave decision to hand the business over to his cousin and go into property development.
He loves it.
He has far more spare time which he spends with his family, more money and the work involved is a lot less back-breaking.
He said that he sees his cousin every now and then and that he looks ‘rough’. The pressures that Adam escaped from are weighing heavy on his cousin. It is a reminder that he made the right decision.
I am not sharing this story with you to try and convince you to turn to property because even that has its downsides.
House prices have started to rocket recently and Adam is struggling to find decent priced houses to buy.
Like the best of us, he has had his fair share of dodgy tenants who have caused a lot of expensive damage.
It’s not unusual for some landlords to ‘pay’ bad tenants to vacate their properties after they have caused damage and have not paid rent for many months.
Property is a good way to make and hold on to your money… but being a landlord can be tough.
There are many ways to make money which are a lot less stressful than being a farmer or a landlord.
They certainly don’t involve any back-breaking work.
A comfy chair, a tablet, smartphone or laptop and a mug of tea or two is often all that you need.
One such way is to scalp the financial markets.
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As you can see in the screenshot above, £125.20 was scalped off the FTSE 100 market in less than five hours.
That was just one of the many markets which can be scalped five days of the week.
All that was required was to place the trade, monitor and when profit showed itself close the trade to scalp the profit.
If the market conditions are still good, repeat the process and scalp more money off the markets.
As long as the market conditions are right, you can do this as many times as you like.
You don’t necessarily need to monitor your trades either. They can be set to close automatically when they hit the desired profit you are happy to take.
Some people prefer the little and often approach; others prefer to leave a trade to run a bit longer than others.
Our friend Kate, the treadmill tycoon, is a scalper, but she does allow some trades to run for longer if they require it.
Kate trades for roughly half an hour most mornings while she works out in her home gym and earns between £1,250 and £1,500 per month.
She doesn’t do this all day, but you can if you wish… the decision is yours.
To learn more about Kate and what she does to generate up to £1,500 per month, go to
www.TreadmillTrader.co.uk
Kind Regards.
John Harrison
PS… Did I mention the £1,250 – £1,500 per month Kate earns is TAX FREE?
Here’s that link again: