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Oh no!  There are so many horror stories of people investing in their mates bar or bar or whatever, the thought sends shivers up my spine.  Continue reading >

Deal sites almost feel antiquated nowadays.  But individuals are still using them, albeit in less volume.

Before we jump in, a reasonable word of warning this is gonna take some serious work, but can pay off big time.  Its important to think beyond the box with this idea and recognize that any niche can get the job done nicely.  Continue reading >

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Websites like Cafepress make it super simple to submit designs, which means exactly like using the stock photography idea previously, you can pump a ton of designs in an afternoon and leave them up there waiting for people to buy.  Continue reading >

The concept is to get a bunch of people involved, creating content through forums and posts, and then sell them all kinds of products and servicesrelated for their interests.  Continue reading >

The upfront work can involve a reasonable bit of programming, even if you do use a good deal of template and existing off-the-shelf programs.  Continue reading >

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This is a favorite passive income stream for many WordPress developers, particularly of plugins, and is also rather popular amongst bloggers who pump out lots of useful content for free (eg Steve Pavlina) not to mention a great lead generator for future premium product sales.

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The idea rests on your own merchandise adding a ton of value to customers lives and you systematically and nicely / in a fun manner, asking for donations.  Continue reading >

Here is the most bizarre kind of passive income I can think of, as it essentially involves executing Michael Gerbers e-Myth thought 110 percent i.e. so much so, that you're no longer involved in the daily running of the business.

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The ordinary blog is like the ordinary wardrobea complete fecking jumble, with golden nuggets of knowledge spread through 100s of posts.

How much more useful is to your reader in the Event You created a unified guide Continue reading >

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That is different to the fake shop thought above, since here is not an online store were building, but rather a content-rich website with tons of product-focused articles and videos , and matching Amazon affiliate links.

I.e. one idea is to get an online shop and another for a blog/affiliate site of sorts.  Continue reading >

This is going to create millions for the ones that get it right, but to be honest its not entirely passive.

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The example that springs to mind with this idea, so I can explain what Im talking about here, is Corbett Barrs Fizzle.  Continue reading >

You give away a ton of this content for free, and then charge for the superior material or to find the most recent stuff.  Continue reading >

Well, because I'm OCDing throughout the joint and want to make this list uber finish to the point where we finish up with a fairly mediocre passive income thought.  Continue reading >

But nowadays, there's so much opportunity if you hunt for brand-suitable domains and keyword-rich or otherwise popular names on the myriad of new domain name extensions like .io, .at etc..  And I should know, because Ive paid several domain squatters a kings ransom to purchase these sorts of domain names in the last few decades!  Continue reading .

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A few of the links in this post might be from our sponsors. Policy PageThey state that the typical millionaire has seven different streams of income. Note: This doesnt mean that they have seven occupations. Most millionaires have figured out on the passive income game.By the time youre finished reading this, youll be flush with suggestions on how to begin earning residual income for yourself.According to Readers Digest, over 50% of Americans are immediately plagued with thoughts of work dig this and money as soon as they open their eyes in the morning.Even though earning passive income in addition to a day job wont solve all your lifes issues, its a good place to get started.

Get Cash Back for Shopping You Already Do2. Set Your Vehicle to Work for You3. Open a high-yield savings account4. Rent out a room in your house5. Invest in crowdfunded actual estate6. Purchase your first investment property7. Invest in dividend paying stocks8. Peer-to-Peer Lending9. Start investing with a robo-advisor10. Affiliate marketing11.

Begin a YouTube Channel13. Create and market an online course14. Build an e-commerce site15. Sell Your Photos OnlineHow to Pick the Best Passive Income Stream for YouWhat is Passive IncomeAt its simplest definition, passive income, also known as residual income, is money you earn while you're not working. You could be sleeping, on the beach drinking margaritas, or simply relaxing.

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