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The reason this really is amazing is because once you create the video, it'll then exist indefinitely constantly being your servant 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 which had the super secret exercises which allowed Jacob to increase his vertical jump. .

Do you've got anything that you are good at that people come to you for help Usually it's hard to pinpoint the specific skill since for you it might appear normal and easy. But 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) consistently 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 best ways to maintain your money because of 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 blow it dumb things like bottle service every weekend, fancy cars or that 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 that you invested, that will be enough to pay 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 exactly are index funds. Index Funds are type of mutual fund which steps the S&P 500 (basically the top 500 stocks in America) and usually if you wager on index funds and in the S&P 500, what youre actually betting on is that the fact that America will constantly rise. .

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 receive $70,000-$100,000 annually. This is perfect for people who arent as comfortable with real estate since this method is about setting it up with your bank and forgetting it allowing it to grow and build punctually. .

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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 your paycheck. It then invests it for you so you never have to see your money. And if you dont find 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 that 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 also to use that excess cashflow you dont need in additional passive sources like the ones mentioned above.

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Lacey Filipich has worked hard 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 is confident he can make more. "That is 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 phrases:"passive income" and you'll turn up a bevy of posts 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 there are opportunities to make money in a"smarter" way, but he is not convinced 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 was in a career path which I wasn't finding overly satisfying," he says,"so I started looking into techniques where I could have more freedom in my entire life and still 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, also, so that he began reading books from 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 excited to boost his income by passive means.Credit:James BrickwoodThere's click for info a lot of folks who are saying: purchase my course; use this additional resources program and you can create passive income.