30Oct
investing-in-photography

Investing in Photography to Make Money Online

Photography is a hobby that can make you money. At least that is what I keep reading in websites about photography! Although I have never dealt with photography, the recent poker videos I recorded and published in this blog changed my view towards photography. I have been gambling for a living, which led me to blogging for extra income and now I am looking into investing in a camera and lenses. Apart from improving the quality of my videos, having a keen interest in investing in photography generally may bring up new opportunities for income diversification.

I admit that I was getting a little bored when I listened to friends talking about photography. I believed that taking photos shouldn’t be that hard and I couldn’t justify the cost of expensive photographic equipment.

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After 3 days of extensive research on photography I must say that I was completely wrong! Of course technology has moved on since I last held a film camera and I am surprised that digital cameras used for taking photos are actually excellent cameras for shooting videos!

You may have noticed that I try uploading high-definition videos in my Youtube channel. I truly believed that my Logitech camera recorded in 720p but only when I completed the 3rd episode of the poker video series did I realize that the camera in fact enforces upscaling during the recording! That and the fact I received a couple of complains about the sound of my videos made me begin searching for an alternative solution when recording my poker sessions. Long story short I have almost decided on a Canon dSLR 60D camera and a 50mm prime lens to start with.

investing-in-photography

The quality of the videos I record in the future will certainly benefit from this purchase and will probably attract more viewers and visitors to my blog, but that got me thinking. Spending a thousand euros on photography equipment just for gambling videos isn’t justified. I must take advantage of the equipment elsewhere. And that is called stock photography.

In short, learning photography and spending time in this new hobby of mine will probably result to a lot of photo-shooting! Some photos will perhaps be better than others. Uploading them to a stock photography service and creating a portfolio might in fact bring a couple of sales! I’m not talking about serious money, just 20 or 30 dollars and I would be more than happy during the learning curve. This would be my first step in case I decide to invest in photography. But that’s not all. How about a blog about photography?

Well, yes, I’m not pioneering here! There are thousands of good-looking blogs about photography. However, given my past experience of blogging, why not investing in a new blog as well? The cost of a new blog compared to the cost of the camera is truly miniscule. Therefore, why not publishing a post or two per week about what I learnt about my new toy? Did I mention the cost of advertising of “photography”? It turns out that according to Google Keyword Tool, photography isn’t such a cheap keyword. Of course it’s nowhere near the advertising cost of financial terms like stock market or trading, but there is hope for some extra income from a creative hobby.

photography-keyword

So there you have it! Investing in photography for income means stock photography and blogging for me. Should I invest in a new Canon camera, I would definitely resurrect my istockphoto.com account and install WordPress in a new domain. Until then I will keep studying about aperture, focal length and exposure!

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About Jim Makos

Jim is a writer and gambling expert. He began with card counting at blackjack tables, then moved to sports trading at betting exchanges, played online poker and ended up investing in US stock markets and forex. Nowadays he mostly writes than gamble or invest. Connect with Jim: StockTwits | TradingView