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

Here are some helpful 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 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 provide him 67 just so that they can get an eBook that had the super secret exercises which enabled Jacob to increase his vertical leap. .

Do you have anything which you are good at that people come to you for aid Usually it's tough to pinpoint the exact skill since for you it might appear normal and simple. But others, they are willing to give you money to learn the skill that you know also. .

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

When each single industry out there's constantly changing, property is the one thing which has been around the longest. It's one of the greatest methods to hold your money due to the fact 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 created $1 million. You didnt dismiss it dumb things 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 this investment only returned 10 percent of the money you invested, that would be enough to cover you around $100,000 annually for the rest 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 exactly what exactly are index funds. Index Funds are kind of mutual fund which measures the S&P 500 (basically the best 500 stocks in America) and generally in the event that you wager on index funds and in the S&P 500, what youre really betting on is the fact that America will constantly grow. .

Index funds are excellent because over a long period of time (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 that arent as comfortable with real estate since this way is all about setting this up with your bank and forgetting it allowing it to grow and build punctually. .

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Everything you do will be every single month, without even looking at your paycheck, you automatically set it up and it automatically pulls money from your paycheck. It then invests it for you so you never need to see your money. And if you dont find money in your bank account, you wont be tempted to spend it. .

The company I use to do my index 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 is to first create a business to help with that cashflow, and to use that extra cashflow you dont need in additional passive resources such as the ones mentioned above.

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Lacey Filipich has worked hard to earn a more relaxed lifestyle. So far he is making about $5000 annually selling the books for $27 a pop on his website 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 words:"passive income" and you'll 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 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 from e-books about running a lawn-mowing business.Credit:Dominic Lorrimer"I was in a career path that I wasn't finding too satisfying," he says,"so I started looking into techniques where I might have more freedom in my life and still earn enough money to support my loved ones and do the things that I reference wanted to do in my lifetime. "Diversity of income has been 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 (author of The 4-Hour Work Week) and Pat Flynn's Smart Passive Income blog.With a large family to support, Gerry Faehrmann is eager to increase his income check that by passive means.Credit:James BrickwoodThere's a lot of folks that are saying: purchase my course; utilize this program and you can make passive income.