Passive Income

[wackoo_jackoo]

Becoming an Affiliate is defintly a great source of passive income.
Like most types of passive income, you need to put a bit of effort in first.

[blitz2]

I am using an automatic trading system, which has evolved from a trading signal service through people that I have known for about three years. The automatic trading system is fairly new, although the signal service has been going for a couple of years. The robot officially traded live, about the middle of 2008. I have been using it in 2009 and it has made 42.24% profit in 6 months (LotsCalcFactor 3500). The back test for 2008 saw it return over 100% in 12 months.

The AutoSkimmer robot is designed to make a profit whether the market goes up or down. What I like about it is that the profits have been steady, so I can take out an income every month and be free from having to be a slave to work.

Click on my signature for the autoskimmer site, or go to my website at scienceofsoulmates.com/Freedom_Money for more info.

[jonathanfigaro]

Creating Passive Income:

Step 1.) Stop being lazy

Step 2.) Stop reading Robert Kiyosaki Books

Step 3.) Find something you love and put your heat and soul into and you will find yourself in longterm a very rich individual if you can manage your money properly.

Step 4.) Read every book you can find about managing your business and money.

Step 5.) Find books on how to invest (LONG TERM)

Step 6.) Stop trying to perfect your short game, because its going to led you no where and if does led into money it will only be there for so long (BECAUSE ITS CALL A SHORT GAME!)

If you wish to thrash at me for this post, I'm only here once in a blue moon, you can find me at www.younggogetters.com

Where is the peace. Lets just get money and help each other!

[DeonKrey]

...without you having to be present at all times. This also allows one to save time for other things.

Outsourcing is one way of having this passive income once you have already found your virtual team that could help you manage the business and automate your business needs. And, really it takes time to find the right people at the right places and good thing I've hired good pool of Filipino people who've been loyal to me until now where Tyrone has greatly become one of these best mentors to have.

I've read one good post (video) from Tyrone Shum during his "passive income" experience and here's for everyone to see as well:

Why You Need To Outsource And Leverage – Mass Outsource Mastermind Open : Internet Business Podcasts | Internet Business Profit Resources | Weekly Business Expert Podcasts

To everyone's passive success!

[tracyselena]

Venture into affiliate marketing. You might be lucky.

You might want to check out my link in my signature below. It will help you achieve the most with your very limited time. Learn to manage your time and not the other way around. It helped me a lot, so I'm hoping it could be of help to you too.

[passiveincomestreams]

The responses on this forum make me a little sad. Making Passive Income is very time consuming (at the start) but can be very lucrative. It is not being lazy, it is about effective leveraging of one's time. I personally find blogging to be an amazing tool for passive income because once you build a following (which is not hard if you are selective and intentional about the blog you create) then internal links to affiliates can bring in large sums of money. Not to mention other income from things like adsense, etc. All can be very effective if you create an effective and maximized blog.

[Gaulkin]

The responses on this forum make me a little sad. Making Passive Income is very time consuming (at the start) but can be very lucrative. It is not being lazy, it is about effective leveraging of one's time. I personally find blogging to be an amazing tool for passive income because once you build a following (which is not hard if you are selective and intentional about the blog you create) then internal links to affiliates can bring in large sums of money. Not to mention other income from things like adsense, etc. All can be very effective if you create an effective and maximized blog.

lol, so your saying that if i follow your guide through your website i can make a ton of cash?

[SCJeff]

lol, so your saying that if i follow your guide through your website i can make a ton of cash?

I think the main point of his post was the fact that creating a "passive income" is not easy, and in no way makes a person lazy for wanting to create passive income for ones self. You must work hard to get to a point where you can develop passive income. And in the situation of running a blog or site; it may not necessarily be hard, in fact it's a very simple concept, but is very very time consuming to get to a point where you can makes hundreds to thousands of dollars in passive income.

[Southern_Lenders]

Investing in gold some years ago before it hit 1200 an ounce, would have been a nice passive income.

[icevendingmachines12]

Ice vending machines is a great business