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The reason this really is amazing is because once you produce the movie, 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 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 awful that they were willing to provide him $67 just so they can get an eBook which had the super secret exercises which enabled Jacob to increase his vertical leap. .

Do you have anything which you're good at that people today come to you for aid Usually it is hard to pinpoint the exact ability since to you it may seem normal and simple. But others, they are willing to give you money to learn the skill you know so well. .

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Why does Grant Cardone (best-selling writer and multimillionaire) always places his money in multi family home real estate

When every single industry out there is constantly changing, real estate is the one thing that has been around the longest. It's one of the greatest methods to hold your money due to the simple 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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For example, say you made $1 million. You didnt dismiss it dumb things like bottle support every 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% of the money you invested, that would be enough to cover 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 exactly what are index funds. Index Funds are type of mutual fund that measures the S&P 500 (basically the top 500 stocks in America) and usually if you bet on index funds and in the S&P 500, what youre actually 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 7-10percent in your investment. Meaning, if you put in $1 million, you get $70,000-$100,000 a year. This is ideal for those that arent as comfortable with real estate since this way is all about setting this up with your bank and forgetting it allowing it to grow and build with time. .

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What you do will be every single month, without even looking at your this website paycheck, you automatically set it up and it brings money from the paycheck. It then invests it for you so you never need to realize your money. And if you dont see 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 out in the event you want to learn more about index funds.

Now the greatest goal with whatever you have going on is to first create a business to help with that cashflow, and also to use that extra cashflow you dont need in other passive sources like 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 annually selling the books for $27 a pop on his site 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 the marketing online," he says.Google the phrases:"passive income" and you'll turn up a bevy of posts along the lines of"43 ways to make a passive income".

He spent several years 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's 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 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 which I wasn't finding too satisfying," he states,"so I started looking into techniques where I might have more freedom in my life and earn enough money to support my loved ones and do the things I wanted to do in my lifetime. "Diversity of income was important, also, so 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 Qualifications ) 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 path; use this program and you can create passive income.