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The reason this is amazing is simply because once you create the video, it will then exist forever constantly being your slave and working for you while you are sleeping.

Here are some Useful blog posts regarding the passive income that comes with a YouTube channel and blogging:

Everyone has a skill that someone else would pay for. For example, there were around 100,000 individuals who wanted to learn how to jump higher from a man named Jacob Hiller. They wanted to learn so bad that they were willing to provide him 67 so that they can get an eBook that had the super secret exercises that allowed Jacob to increase his vertical leap. .

Do you've got anything that you are good at that people today come to you for aid Usually it's hard to pinpoint the exact ability since for you it may seem normal and easy. However, to others, they are willing to give you money to learn the skill you know so well. .

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Does Grant Cardone (best-selling author and multimillionaire) always places his money in multi family home real estate

When every single industry out there's constantly changing, real estate is the one thing that has existed the longest. It is one of the best methods to hold your money due to the fact that it can supply 10% returns every single year without any work making it one of the best sources of passive income. .

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For instance, say you made $1 million. You didnt blow it dumb stuff like bottle support each weekend, fancy cars or nice watch you always wanted. Instead, you saved it up and put it in a multi family home real estate investment.

Even  if that investment just returned 10% of the money you invested, that will be enough to pay you around $100,000 annually for the rest of your life. .

By periodically investing in index funds, the know nothing investor can outperform many investment professionals Warren Buffet.

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Youre probably wondering exactly what are index funds. Index Funds are kind of mutual fund which steps the S&P 500 (essentially the top 500 stocks in America) and generally if you bet on index funds and in the S&P 500, what youre really betting on is that the fact that America will constantly grow. .

Index funds are great because over a long time period (15-20 years), they can return to 7-10percent in your investment. Meaning, if you put in $1 million, you get $70,000-$100,000 annually. This is ideal for people that arent as familiar with property since this way is all about setting it up with your bank and forgetting it allowing it to grow and build punctually. .

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What you do is each single month, without even looking at your paycheck, you automatically set up it and it automatically pulls money from your paycheck. It then invests it to you so you never have to see your money. And if you dont see that money in your bank account, you wont hesitate to spend it. .

The company I use to perform my index fund investing is betterment.com. Make sure you check them out in the event you want to learn more about index funds.

Now the biggest goal with whatever you've got going on is to create a business to aid with this specific cashflow, and to use that excess cashflow you dont need in additional passive sources like the ones mentioned above.

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Lacey Filipich has read this post here worked hard to earn a more relaxed lifestyle. So far he's making about $5000 a year selling the books for $27 a pop on his site yourlawnandgarden.com, and he is confident he can make more. "That is very much a passive income and I'll start to work on this by being more competitive with the marketing online," he says.Google the phrases:"passive income" and you will turn up a bevy of posts along the lines of"43 approaches to make a passive income".

He spent a long time delving into the passive income scene and emerged something of an agnostic. He believes in its own existence and that you will find opportunities to make money in a"smarter" way, but he is not sure he knows the best way to find it.The 31-year-old began his hunt for the holy grail when he had been working in a well-paid project that involved change work.Gerry Faehrmann earns money from e-books about running a lawn-mowing business.Credit:Dominic Lorrimer"I was in a career path which I wasn't finding overly satisfying," he says,"so I started looking into techniques where I might have more freedom in my entire life and earn enough money to support my loved ones and do the things that I wanted to do in my lifetime. "Diversity of income was important, too, so he began reading books by the likes of Gary Vaynerchuk (author of Crush It! Why read the article now is the time to cash in on your passion), Tim Ferriss (author of The 4-Hour Work Qualifications ) and Pat Flynn's Smart Passive Income blog.With a large family to support, Gerry Faehrmann is eager to increase his income by passive means.Credit:James BrickwoodThere's a lot of folks that are saying: purchase my course; utilize this program and you can create passive income.