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The reason why this is amazing is because once you create the video, it will then exist forever constantly being your servant 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 cover. For instance, there were around 100,000 people 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 so that they can find an eBook that had the super secret exercises which allowed Jacob to increase his vertical jump. .

Do you have anything that you are proficient at that people come to you for help Usually it's tough to pinpoint the exact skill since to you it may seem normal and easy. But to others, they are willing to provide you with money to learn the ability you know also. .

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

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

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By way of instance, say you created $1 million. You didnt blow it dumb stuff like bottle support every weekend, fancy cars or nice watch you always wanted. Instead, you saved it up and put it in a multi family property real estate investment.

Even  if this investment just returned 10 percent of the money you invested, that will be enough to pay you around $100,000 a year for the remainder of your life. .

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

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

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

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Everything you do is each single month, without even looking at your paycheck, you automatically set it up 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 money in your bank account, you wont be tempted to spend it. . click now

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

Now the greatest goal with whatever you have going on is to first create a business to help with this specific cashflow, and to use that extra cashflow you dont need in other passive sources like 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 is very much a passive income and I'll start to work on that by being more aggressive with all the marketing online," he says.Google the phrases:"passive income" and you'll turn up a bevy of articles along the lines of"43 ways to create a passive income".

He spent several years delving into the passive income scene and emerged something of an agnostic. He believes in its existence and that there are opportunities to make money in a"smarter" way, but he's not convinced he knows the perfect way to find it.The 31-year-old began his hunt for the holy grail when he was working in a well-paid job that involved change 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 which I wasn't finding too satisfying," he states,"so I started looking into methods where I might have more freedom in my entire life and earn enough money to support my family and do the things that I wanted to do in my life. "Diversity of income was important, too, so that he began reading books by the likes of Gary Vaynerchuk (writer of Crush It! Why now is the time to cash in on your passion), Tim Ferriss (writer 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 people that are saying: buy my path; use this program and you can make passive income.