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The reason why this 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 helpful 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 provide him 67 just so they can find an eBook that had the super secret exercises that enabled Jacob to increase his vertical jump. .

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

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Why does Grant Cardone (best-selling author and multimillionaire) consistently puts his money in multi family home real estate

When each single industry out there is constantly changing, property is the one thing which has existed the longest. It is one of the best ways to hold your money due to the simple fact it can supply 10% returns every single year without any work making it one of the top sources of passive income. .

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For instance, say you created $1 million. You didnt blow it dumb stuff like bottle service each weekend, fancy cars or that nice watch you always wanted. Instead, you saved it up and set it in a multi family home real estate investment.

Even  if this investment only returned 10 percent 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 investing in index funds, the know nothing investor can outperform most investment professionals Warren Buffet.

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Youre probably wondering exactly what are index funds. Index Funds are kind of mutual fund which measures the S&P 500 (basically the best 500 stocks in America) and usually in the event that you bet on index funds and in the S&P 500, what youre really betting on is the simple fact that America will constantly rise. .

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 receive $70,000-$100,000 annually. This is perfect for those that arent as comfortable with real estate since this method 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 is every 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 to you so you never need to see your money. And if you dont find 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. Ensure you check them out if you want to learn more about index funds.

Now the biggest goal with whatever you've got going on would be to first create a business to aid with this specific cashflow, and to use that excess cashflow you dont need in other passive resources such as the ones mentioned previously.

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Lacey Filipich has worked tirelessly to earn a more relaxed lifestyle. So far he is making about $5000 a year selling the books for $27 a pop on his website yourlawnandgarden.com, and he is 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 all 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 create see this 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 there are opportunities to make money in a"smarter" way, but he's not convinced he knows the best way to find it.The 31-year-old began his hunt for the holy grail when he had been working next 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 had been in a career path that I wasn't finding too satisfying," he says,"so I started looking into methods where I might 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 lifetime. "Diversity of income was important, also, so he began reading books by 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 excited to increase his income by passive means.Credit:James BrickwoodThere's a great deal of folks who are saying: purchase my course; use this app and you can make passive income.