Nowadays, I don't think are marketers using Yahoo answers for generate traffic to them website.
But still it has good value, Yes you can use Yahoo Answers to promote your website. Make sure on consistent & unique reply.
If you are planning to generate money form only & monthly frequent, I would suggest build website for niche base and promote affiliate products. than you would create a money flow.
Linking English content to German website won't be an issue.
But if all of your backlinks are same like this, It's not a right strategy. You have to get links from german content too.
If you keep doing English content link to German website. It will be problem in future.
So simple, what are...
You should read:
SEO started Guide: which is published by Google
Online Marketing Guide: which is published on quicksprout
seo beginner guide : by Moz
When you go throw about mentioned references, you would have a fare idea about SEO & Internet Marketing
The way of your planning is right to go. Begun with Shared Hosting than upgrade to VPS is the excellent idea. I don't have any experience with Namecheap. But I have been using Hostgator services for the last 8 years. There are many shared, reseller & VPS hosting packages we have handled with...
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