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Unread 21st Jul 2013, 04:14 PM   #1
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Passive Income: Earn More Work Less - Live the dream
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CLICK HERE FIRST: 100% FREE! "You Will Make Money Online within 30 Days Or You Will Receive $100 Guaranteed!"

The idea of a little extra income sounds lucrative to one and all. Who wouldn’t want to have some extra cash in the wallet? Being pulled down by the weight of expectations and needs, every now and then there is an irresistible urge to earn a heftier sum. And, what if one has the opportunity to do so, almost hand over fist?

Well, this is what passive income is all about. As the name suggests, this is the type of income one earns with little or nearly no significant labor. Caught your attention, didn’t it? Such is the nature of the idea. Passive income is one of the buzz words these days with everyone wanting a share of this beckoning pie. To clarify the term more broadly and effectively, here are some instances of passive income ideas that are currently doing the rounds.

  • · Earnings from a business not requiring your direct involvement
  • · Rent from a property
  • · Royalties earned from creative work
  • · Internet marketing returns
  • · Dividends and interests from securities and bonds, etc.

While all these are generally considered as passive incomes, the regulatory bodies and authorities differ on the view. For example, Royalties and Dividends are considered by such authorities to be non-passive in nature. Another important thing to be noted about passive income is that it is usually taxable, so it is not all that dreamy as it sounds in concept. But, having some extra cash, available for all sundry expenses is still more than enough to take few steps necessary to generate such income streams!



In any case, for a person looking to boost their earning and subsequent savings without devoting a lot of time and tug, this is a golden path. Whether you can’t or don’t want to spare time for some extra bucks, this is your chance. By putting in some careful planning and smart thinking, you can supplement your monthly take-home by a significant margin and in most cases, it’s not as tiring as a monotonous day job that demands 40 hours a week from you. Keeping in mind some simple steps, you could, through these passive income ideas, take yourself to a more comfortable and leisurely lifestyle. For those of artistic orientation, there is always an opportunity to create something unique and reap the rewards handsomely through royalties and patents. For the privileged ones having properties to rent, there is no better way to earn some smart passive income and for those without these gifts, internet marketing is one of the best options that offers a plethora of activities and rewards you very attractively, if worked upon well.

So, get cracking and grab the life you always wanted armed with these passive income ideas. Just make sure you do not fall for some pompous claims as a good number of people try their best to fool around and scrounge off cash from those wanting to get rich quickly! Therefore, it’s important to take the right steps.




Last edited on 22nd Jul 2013 at 03:50 PM. Reason: passive income
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Unread 22nd Jul 2013, 04:19 PM   #2
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Re: Passive Income: Earn More Work Less - Live the dream
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Passive Income- A boon or a trap?

When talking about passive income, one involuntarily begins to indulge in dreams of piles of money pouring into the bank account. People start picturing themselves living the king’s life they always wanted. There are no worries about the cash flow anymore and all the needs and wants are satisfied. But, is the picture actually that rosy? Is it indeed that easy to turn those dreams to a hard reality? Yes seems to be the opinion of the promoters and no is the verdict of the masses. That said - it’s hard to understand the ground reality without digging deep. Here we try to do just that!
Well, the reality lies somewhere in the middle. For one to make passive income some ground work has to be done and coming up with real smart passive income ideas is extremely important. All avenues must be researched thoroughly and the ideas best suited to you must then be pursued. Ascertaining an opportunity as not just an allure is crucial. You’ve got to be willing to think and come up with ideas that are perfect for you!



There are several myths encircling passive income ideas and plans. Given the temptation of easy money, people tend to overlook several important aspects of the venture. You must be wondering how to get past these booby-traps? Here’s a compilation of some useful tips:

  • First and foremost, these are not ways to make money doing absolutely nothing. Come on people, there is no actual way to do that. There has to be some investment from your part, be it time, money or resources. There's no free lunches – keep that in mind, always!
  • It is an absolute fad that you will start seeing the results immediately. There will be sometime before you start seeing tangible results. Be patient and enduring. A farmer does not check his fields every day to see if the crops have grown or not.
  • There is absolutely nothing like “Set it and forget it”. You will have to make constant note of what needs to be changed about your idea of passive income. For any idea to stay smart, it needs to be periodically updated. So is the case with your passive income ideas. Be open to new ideas but do not listen to every Tom, Dick and Harry!
  • The promise that you have to follow simple guidelines to set up and garner income forever is totally a myth. There are plenty of folks out there doing just the same thing. You have to be creative and different than others to stand out.
  • Another very important point to keep in mind is that you have to constantly active and reactive. You have to keep up doing whatever you are doing, fine tuning it and revising strategies. The moment you turn the efforts off, you will start seeing a declining patterns of the passive income.


So keep all this in mind and be smart to earn some smart passive income.



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Unread 24th Jul 2013, 06:15 PM   #3
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Re: Passive Income: Earn More Work Less - Live the dream
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Passive Income Ideas - Ideas to Lend You Wings


Passive income nowadays is creating ripples across many parts of the world as an increasingly large number of people now want to be free from the fear of losing a job due to recession or they wish to be in a position to enjoy the best of what this world has to offer in their old age. Almost everyone wants to be a part of the wagon. Scores of ideas are already around with new ones being added to the repertoire every day. With so many avenues to explore, one finds it difficult to settle upon a passive income idea that is smart and suitable for them. So to make things easier for you, here is a little analysis of the best and the most popular ones among the lot. It is up to you how much time and effort you want to invest and accordingly, you can earn a handsome smart passive income.


  • Invest in property - Though this is probably the toughest one to initiate, what with all the capital and hard work involved, it is the most rewarding too. It gives you higher returns and for a long period of time. Such investments are relatively bigger and therefore, it’s important to exercise caution.
  • Invest in Bonds and stocks - You can play smart by investing in high-yielding and dividend paying bonds and stocks. Though there is market research involved, chances are you will end up with a sizeable passive income over a period of time. Just don’t get too greedy.
  • Royalties - If you have a creative bent, you can earn through it. Create content according to the skill you possess and get it patented. It could be a book or a song or a melody. Once patented, it can be sold to suitable buyers and a lifetime source of passive income can be generated.
  • Internet Marketing - This is by far the most popular idea for a smart passive income. There are several approaches to it. You can start a blog where advertisers would pay you depending on the popularity of the blog. Alternatively, you could set up a website that displays ad or product links. Whenever someone buys from one of these links, you get paid a percentage of the sale. Else, there can be a review blog or site where you get paid for helping in purchase or a sale. Another way is to post articles or photographs on websites where pay people pay to download and peruse your stuff.
  • Limited Partnerships - This is another passive income idea that requires an initial investment on your part. Generally, after making the upfront investment, there is very little in terms of day to day management that you have to undertake and it still gets you a good chunk of the partnership company’s income and profits.

So, depending upon your resources and convenience, any one or more of the mentioned ways can be used to establish a passive income stream.


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Unread 27th Jul 2013, 03:47 AM   #4
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Re: Passive Income: Earn More Work Less - Live the dream
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Smart Passive Income Investment Avenues

Hearing all the tatter about passive income makes you wonder: what are the best ways to start having one of your own? There are so many options and allures out there it’s natural to be left out absolutely boggled. What and who can be trusted - can be extremely difficult to know especially if you’ve little or no experience in dealing with different kinds of people and situations!

Don’t fret, because we have sorted out the mess for you. Listed herein are some of the best and easiest to handle smart passive income opportunities. This can be considered as a ready-reckoner of passive income ideas that can be referred to at the time of undertaking a venture of any kind.

Topping the list is the cyber world. With a wide variety of methods to set up passive income, internet is the most sought after tool to bolster your income and give you the edge. Depending on the abilities and investment in terms of time and money, there can be a whole lot of options ranging from setting up a blog, publishing an e-book, uploading creative photography to set up a website for online marketers, a review site or an information site to social marketing and lending etc. All these provide the investor a way to create a passive income that can last for a few months to some years or in some case - a lifetime!

Apart from this, there is investment in bonds and stocks yielding a fixed return over a period of time. On account of the market knowledge one may possess, this can be a very fruitful way to generate a stream of smart passive income. The only hitch here is that it takes a lot of understanding of the market to set this one up. It’s not like you make up your mind today to earn $10,000 extra a year and start working on it right away. You’ll have to be patient before you venture into the dark!
Another sure shot way leading to a passive income is investing in real estate properties (the right ones, of course). The property value generally keeps appreciating over a period of time leading to a growth in funds. Alternatively, one can invest in a commercial or residential property and earn a steady inflow through rent. Again, the problem here is the extent of monetary investment you want to commit.

Another good and lesser known way is residual income as is there in the case of certain sales jobs like insurance selling. Once a policy is sold, a stream of passive income keeps flowing in as long the investor keeps up with the premiums. Just make sure you’re in touch with the right guys as it’s easy to get duped by cunning insurance agents too.

Keeping in mind your abilities and resources, you can invest your time and efforts into any one or a combination of these ideas to enable you to earn a smart passive income.



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Unread 1st Aug 2013, 12:16 AM   #5
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Re: Passive Income: Earn More Work Less - Live the dream
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The Best Sources of Passive Income

Passive income can give you wings. You can visit the places you’ve only seen on the Internet, buy things you could never afford and live a life that you always dreamt of. Yes, it does require perseverance and careful execution of one or more smart passive income ideas but it’s certainly possible. A large number of people are already doing it and you too can do it! Read on to learn about the best sources smart passive income:


Real Estate

It’s the grand daddy of all passive income ideas! Over the years, the rental income earned from a residential or commercial property can be huge. The good part is – the value of a real estate property continues to appreciate each year (as they become more scarce in a locality) while you earn a rental income.


Royalties

Intelligent investors with years of experience in establishing multiple income streams always have their eyes on this income stream. It’s lucrative because it does not require you to spend time or energy on a regular basis. A licensed product, sold by a third party, for example, can help you earn royalties without having to put in efforts after developing a product.


Stocks

Dividends from the stock market can be more than sufficient to fund a wonderful vacation or home renovation project. Find out whether you should go for common or preferred stocks as both of these have certain pros and cons.


Affiliate Programs

Even if you’re working full time or run your own business, it’s still possible to spare few minutes every week advertising products or services offered by someone else in return for a commission. Affiliate marketing can be done online, or offline. For example, if you can review health supplements on the web (on your personal blog or any other platform that shares revenue with you), it’s possible to establish a smart passive income stream within a short time frame.

Own Business

Not many people go for this passive income idea. That’s because it requires you to invest time, money and efforts for a year or two before you can just hire people and let them run everything for you. The trick, however, is to choose a business that you can remotely oversee without having to put in more time and efforts in future!


Sell Expertise

If you’re an expert on a subject, why not produce videos/podcasts or write e-books and blogs. You’ll have to spend as little as 10-20 hours a month on maintaining a blog, official website or a video channel. Thereafter, you can explore multiple income streams including affiliate marketing, direct e-Book sales, subscription fees and online advertising. If you’re not someone who can do it all on your own, there’s no harm in having someone write, create videos or maintain a website for you.

No matter which passive income idea you pick up for yourself, don’t choose too many of them! Work on one idea at a time and let it mature before you move on to the next one!



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