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The reason why this really is amazing is simply because once you create the movie, it'll 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. As an 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 give him 67 just so they can get an eBook which had the super secret exercises that allowed Jacob to increase his vertical leap. .

Do you've got anything which you're proficient at that people come to you for help Usually it's hard to pinpoint the exact ability since for you it might appear normal and easy. However, others, they are willing to give you money to learn the skill that you know so well. .

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

When every single industry out there is constantly changing, real estate is the one thing that has existed the longest. It is one of the best ways to hold your money because of the simple 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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For example, say you created $1 million. You didnt blow it dumb things like bottle support each weekend, fancy cars or that nice watch you always wanted. Instead, you stored it up and set it in a multi family property real estate investment.

Even  if that investment just returned 10% of the money you invested, that would be enough to pay you around $100,000 a year for the rest of your life. .

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

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Youre probably wondering what are index funds. Index Funds are type of mutual fund which steps 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 actually betting on is that the simple fact that America will constantly grow. .

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

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Everything you do is every single month, without even looking at your paycheck, you automatically set it up and it brings money from the paycheck. It then invests it for you so you never have to realize your money. And if you dont see that money in your bank account, you wont hesitate to spend it. .

The company I use to do 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 greatest goal with whatever you've got going on is to create a business to help with this specific cashflow, and to use that excess cashflow you dont need in other passive sources 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 a year 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 aggressive with the marketing online," he says.Google the phrases:"passive income" and you will turn a bevy of posts along the lines of"43 approaches to create a passive income".

He spent a long time delving into the passive income scene and emerged something of an agnostic. He believes in its 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 had been working in a well-paid project that involved shift work.Gerry Faehrmann earns money from e-books about running a lawn-mowing business.Credit:Dominic Lorrimer"I had been in a career path that I wasn't finding overly satisfying," he states,"so I started looking into techniques where I could have more freedom in my life and earn enough money to support my loved ones 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 Learn More Here 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 eager to increase his income by passive means.Credit:James BrickwoodThere's a lot of folks who are saying: purchase my course; use this app and you can create passive income.