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The reason this really is amazing is because once you produce the video, it will then exist forever constantly being your servant and working for you as you're 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. As an 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 provide him 67 just so that they can find an eBook that had the super secret exercises which enabled Jacob to increase his vertical leap. .

Do you have anything which you're good at that people come to you for help Usually it's tough to pinpoint the specific skill since to you it might appear normal and easy. But others, they are willing to give you money to learn the ability that you know so well. .

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

When every single industry out there's constantly changing, real estate is the one thing that has existed the longest. It is one of the greatest ways to hold your money due to the fact that 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 stuff like bottle service each weekend, fancy cars or nice watch you always wanted. Instead, you stored it up and put it in a multi family home real estate investment.

Even  if this investment only returned 10 percent of the money that 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 many investment professionals Warren Buffet.

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Youre probably wondering 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 if 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 excellent because over a long period of time (15-20 years), they can return 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 those who arent as comfortable with property 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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What you do is each single month, without even looking at your paycheck, you automatically set it up and it brings money from your paycheck. It then invests it for you so you never need 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 do my index fund investing is betterment.com. Ensure you check them out in the event you want to learn more about index funds.

Now the greatest goal with whatever you have going on would be to first create a business to help with this specific cashflow, and to use that extra cashflow you dont need in additional passive resources like the ones mentioned previously.

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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 Discover More on his website yourlawnandgarden.com, and he's confident he can make more. "That's very much a passive income and I'll start 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 articles along the lines of"43 ways 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 own existence and that you will find opportunities to make money in a"smarter" way, but he's not sure 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 methods where I could have more freedom in my life and still earn enough money to support my family and do the things that I wanted to do in my lifetime. "Diversity of income has been important, too, so that 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 eager to boost his income by passive means.Credit:James BrickwoodThere's a lot of people who are saying: purchase my course; utilize this app and you can create passive income.