Interest.co.nz points out that  financial blogs now have influence.

“Such is their power today that the Treasury and Federal Reserve both circulate “blog watch” e-mails, which are sent to the White House every day. Aides on Capitol Hill solicit bloggers for advice and explanations on complex regulatory issues, according to government spokespeople and the bloggers themselves.”  Taken from an article on “The Rising of Financial Blogger ZeroHedge ”

If you have skills in a area, it could be your hobby, a past or present career, anything really, time to blog about it. Zero Hedge started humbly with a simple no frills site:  ”If Zero Hedge got four comments, it was a great day. His early readers were day traders, many running their own private message boards and invite-only blogs. Commenters tended to be confrontational, poking holes in his lengthy arguments about the inevitable implosion of New York’s pension funds or how Citigroup’s stock was a bear-market bellwether: “You’re kind of a moron,” said one anonymous reader.”

But his audience grew and he refined his direction. Whether you agree with him or not, his has since, taken on staff, revamped the the site and  added income generating ads. ”  Zero Hedge could potentially rake in $25,000 a month in ad revenue alone. That’s a pittance for someone accustomed to hedge-fund wages, but it’s a healthy foundation for a nascent web-publishing firm that’s less than a year old.” see here.