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The reason this is amazing is simply because once you create the video, it'll then exist forever 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 pay for. 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 just so they can find an eBook that had the super secret exercises which enabled Jacob to increase his vertical jump. .

Do you have anything that you are good at that people today come to you for aid Usually it's hard to pinpoint the exact skill since to you it may seem normal and easy. However, others, they are willing to give you money to learn the skill that you know also. .

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

When each single industry out there's constantly changing, real estate is the one thing which has been around the longest. It's one of the greatest methods to maintain your money because of the simple fact 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 instance, say you made $1 million. You didnt dismiss it dumb stuff like bottle support every weekend, fancy cars or nice watch you always wanted. Instead, you saved it up and set it in a multi family property real estate investment.

Even  if this investment just returned 10 percent of the money that you invested, that will be enough to pay you around $100,000 annually 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 kind of mutual fund which steps the S&P 500 (basically the best 500 stocks in America) and generally if you bet on index funds and in the S&P 500, what youre really betting on is that the fact that America will constantly grow. .

Index funds are great 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 annually. This is ideal for people who arent as comfortable with real estate since this method 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 each single month, without even looking at your paycheck, you automatically set up it and it brings money from the paycheck. It then invests it to you so you never need to realize 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 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 would be to first create a business to help with that cashflow, and to use that extra cashflow you dont need in other passive sources such as the ones mentioned previously.

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Lacey Filipich has worked hard to earn a more relaxed lifestyle. So far he's go to this site 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 is very much a passive income and I will begin to work on that by being more aggressive with the marketing online," he says.Google the phrases:"passive income" and you will turn up a bevy of posts along the lines of"43 approaches to make a passive income".

He spent a long time delving into the passive income scene and arose something of an agnostic. He believes in its existence and that you will find opportunities to earn money in a"smarter" way, but he's not sure 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 useful site 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 entire life and still earn enough money to support my family and do the things I wanted to do in my life. "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 (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 path; use this app and you can create passive income.