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The reason why this really is amazing is because once you produce the video, it will then exist indefinitely constantly being your slave and working for you as you're 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 cover. As an 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 give him 67 just so they can get an eBook that had the super secret exercises which allowed Jacob to increase his vertical jump. .

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Do you have anything that you are good at that people come to you for help Usually it is tough to pinpoint the specific ability since to you it may seem normal and easy. But others, they are willing to give you money to learn the skill you know so well. .

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Why does Grant Cardone (best-selling writer and multimillionaire) consistently puts his money in multi family home real estate

When every single industry out there is constantly changing, real estate is the one thing that has been around the longest. It's one of the greatest ways to maintain your money due to the simple fact that it can provide 10% returns every single year without any work making it one of the top sources of passive income. .

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

Even  if this investment just returned 10 percent of the money you invested, that would be enough to cover you around $100,000 annually for the remainder 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 what exactly are index funds. Index Funds are type of mutual fund which steps the S&P 500 (basically the best 500 stocks in America) and usually in the event that you bet on index funds and in the S&P 500, what youre actually betting on is that the simple fact that America will constantly rise. .

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

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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 the paycheck. It then invests it for you so you never need 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 my link fund investing is betterment.com. Make sure you check them out if you want to learn more about index funds.

Now the biggest goal with whatever you have going on would be to create a business to aid with this specific cashflow, and also to use that excess cashflow you dont need in other passive sources such as the ones mentioned previously.

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

He spent several years 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 earn 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 was working in a well-paid project that involved shift work.Gerry Faehrmann earns money out of e-books about running a lawn-mowing business.Credit:Dominic Lorrimer"I had been in a career path that I wasn't finding too satisfying," he states,"so I started looking into methods where I might have more freedom in my life and still earn enough money to support my family and do the things that I wanted to do in my lifetime. "Diversity of income was important, too, so he began reading books from the visite site likes of Gary Vaynerchuk (author of Crush It! Why 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 boost his income by passive means.Credit:James BrickwoodThere's a lot of folks who are saying: purchase my course; use this program and you can make passive income.

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