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

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Do you've got anything that you're good at that people today come to you for help Usually it is tough to pinpoint the exact ability since to you it might appear normal and easy. However, to others, they are willing to provide you with money to learn the skill you know also. .

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

When every 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 ways to hold your money because of the 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 example, say you created $1 million. You didnt dismiss it dumb stuff like bottle service each weekend, fancy cars or that nice watch you always wanted. Instead, you saved it up and put it in a multi family home real estate investment.

Even  if that investment just returned 10% of the money that you invested, that will be enough to cover you around $100,000 a year for the rest of your life. .

By periodically investing in index funds, the know nothing investor can outperform most investment professionals Warren Buffet.

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Youre probably wondering what exactly 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 wager 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 great because over a long period of time (15-20 years), they can return up to 7-10% in your investment. Meaning, if you put in $1 million, you receive $70,000-$100,000 a year. This is perfect for people that arent as comfortable with real estate 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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Everything you do will be each 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 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. Ensure you check them out if you want to learn more about index funds.

Now the biggest goal with whatever you have going on would be to first create a business to help with this specific 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 is 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's very much a passive income and I will start to work on this by being more competitive with all the marketing online," he says.Google the phrases:"passive income" and you'll turn a bevy of posts along the lines of"43 ways to make a passive income".

He spent a long time delving into the passive income scene and emerged 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 sure he knows the perfect 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 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 too satisfying," he says,"so I started looking into techniques where I could have more freedom in my 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 has been important, also, so he began reading books by the likes of Gary straight from the source 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 eager to increase his income by passive means.Credit:James BrickwoodThere's a lot of people that are saying: buy my course; utilize this program and you can make passive income.

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