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The reason why this really is amazing is simply because once you create the movie, it will then exist indefinitely constantly being your slave and working for you while 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. 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 get an eBook that had the super secret exercises which allowed Jacob to increase his vertical leap. .

Do you've got anything that you're good at that people come to you for help Usually it is tough to pinpoint the exact ability since to you it might appear normal and simple. But to others, they are willing to give you money to learn the skill that you know so well. .

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

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

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By way of example, say you made $1 million. You didnt blow it dumb stuff like bottle service every 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 this investment just returned 10% of the money that you invested, that would be enough to cover you around $100,000 a year 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 type of mutual fund which measures the S&P 500 (essentially the top 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 the fact that America will constantly rise. .

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

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What you do will be every 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 fund investing is betterment.com. Ensure that you check them out in the event you want to learn more about index funds.

Now the greatest goal with whatever you've got going on is to create a business to help with that cashflow, and also to use that extra cashflow you dont need in additional passive sources like the ones mentioned previously.

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

He spent several years delving into the passive income scene and arose 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 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 blog here Lorrimer"I had been in a career path which I wasn't finding overly satisfying," he says,"so I started looking into methods where I could have more freedom in my life and earn enough money to support my family and do the things I wanted to do in my life. "Diversity of income was important, also, so he began reading books from the likes of Gary Vaynerchuk (author of Crush It! Why now is the time to cash in on your passion), Tim Ferriss (writer of The 4-Hour Work Week) and Pat Flynn's Smart Passive Income blog.With a large family to support, Gerry Faehrmann is excited to increase his income by passive means.Credit:James BrickwoodThere's a great deal of people who are saying: buy my course; use this program and you can create passive income.