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

Here are some helpful blog articles regarding the passive income that comes with a YouTube channel and blogging:

Everyone has a skill that someone else would cover. For 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 awful that they were willing to provide 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 have anything that you are proficient at that people come to you for help Usually it's hard to pinpoint the specific ability since for you it might appear normal and easy. However, to others, they are willing to give you money to learn the ability that you know also. .

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

When every single industry out there's constantly changing, real estate is the one thing which has existed the longest. It's one of the best methods to hold 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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By way of example, say you made $1 million. You didnt blow it dumb stuff like bottle service 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 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 what are index funds. Index Funds are kind of mutual fund that measures the S&P 500 (essentially the top 500 stocks in America) and generally if you bet on index funds and in the S&P 500, what youre actually betting on is the simple fact that America will constantly grow. .

Index funds are excellent 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 get $70,000-$100,000 annually. This is perfect for those that arent as comfortable with real estate since this way is all about setting it up with your bank and forgetting it allowing it to grow and build with time. .

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Everything you do will be each 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 find that money in your bank account, you wont be tempted to spend it. .

The company I use to perform my index fund investing is betterment.com. Make sure that you check them browse around this site out if you want to learn more about index funds.

Now the greatest goal with whatever you've got going on would be to create a business to help with that cashflow, and also 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 a year selling the books for $27 a pop on his website yourlawnandgarden.com, and he's confident he can make more. "That is very much a passive income and I'll begin to work on that by being more competitive with all the marketing online," he says.Google the words:"passive income" and you will turn up 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 own existence and that you will find opportunities to make 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 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 which I wasn't finding overly satisfying," he states,"so I started looking into methods where I could have more freedom in my entire life and still earn enough money to support my loved ones and do the things I wanted to do in my lifetime. "Diversity of income was 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 check my blog (writer of The 4-Hour Work Qualifications ) and Pat Flynn's Smart Passive Income blog.With a large family to support, Gerry Faehrmann is eager to increase his income by More Help passive means.Credit:James BrickwoodThere's a great deal of people that are saying: purchase my path; utilize this app and you can make passive income.