top 10 passive income ideas
TRANSCRIPT
Twitter: @freedomthroughp
Website: www.freedomthroughpassiveincome.com
Have you just decided to give up you your day job? Here are 10 great tips to help you make money without your conventional career.
Self-Publishing on Amazon (or other places)
Self-publishing belongs firmly at the top of any passive income ideas list. Amazon, with Kindle Direct Publishing and CreateSpace dominate the self-publishing world. For more self-publishing ideas, check out: www.amazon.com/author/jackiebolen
Amazon Affiliate Websites Check this out: www.kitchengadgetreview.com.
The idea is that you talk about, or review products that you can find on Amazon.
Other Affiliate Websites
Amazon dominates the affiliate marketing scene with their program. However, there are a million and one other programs that you can be a part of as well, and some of them are far more lucrative than Amazons with commissions of up to 50%.
Adsense Websites
AdSense is Google’s program where you can put ads on your website and then you get a certain amount of money per view and per click.
E-Commerce/FBA Business
The idea is to get products made cheaply (usually China) through a site like Alibaba. Have them shipped to a warehouse (or your own house!), put the product description up on Amazon (or your own website), get some sales and then send out the product.
HubPages
Squidoo (which later became HubPages)
is great for those who don’t want
to bother figuring out the self-hosted website thing.
Its drag and drop platform is ridiculously
easy to use.
Choose Your Own!
Get creative and make some passive income awesome for yourself.
Rental Housing
You can sell it for a large chunk of cash, or keep renting it out and have a nice, steady stream of income.
Dividend Stock Investing
For the disciplined investor in control of their emotions, it is
totally and completely convincing this is the best investing strategy.
ETF Investing
ETFs are a great option for those
who want to buy and forget
about it. For example,
you could invest twice a year
with only about five minutes
of simple math.
Twitter: @freedomthroughp
Website: www.freedomthroughpassiveincome.com
Choose which among these ideas suits your capacity and capability to earn passively. Whatever your choice is, be sure to learn about it and understand it further before getting involved
with it.