Investing in the stock market is a classic form of passive income. As you might know, with stock markets, there is some risk involved. But then again, virtually all residual income methods involve a level of risk, and you won’t find any idea that’s risk-free. In fact, stock marketing can be one of the least risky ways to earn money, if you invest smartly. The basic rules apply: Create a diverse portfolio, start with around $1,000, learn about the stock market, and create a back-up fund.


Speaking of audience, there’s a lot more I can do here. I can create an email list for buyers to join, and I can also publish other books and attempt to cross sell. I decided not to because I don’t want to do more in the college admissions business. The best resources are free and I’ve routinely turned down offers for college consulting or essay review because I don’t think I’ll be adding much value there.

4. We do our own IT, website design and implementation, write all our own materials, do ongoing research to keep it fresh and develop new products and technologies, market, mail like madmen (our emailing subscriptions alone cost us $1,100 per month, but we’ve got a list of 15,000 after four years in the biz), and somehow manage to keep the dishes clean, food in the fridge, and love our 4 kids as much as we can.

But I will temper that opinion, by saying getting your name in print can be great for achieving expert status for use in later ebooks/membership site promotions (your really money spinner), and for gaining new fans that your own distribution efforts can’t get.  For example, Ferriss pulled this off pretty well, using a book to drastically grow his online following / blog readership.

However, you should pick a niche and blog about that. If you're launching a money related blog, maybe it'll be about how to make money in real estate or simply how to make money online. Pick the niche and stick to it. If it's a diet and fitness related blog, maybe the niche is the Ketogenic diet, the Atkins diet or some other form of diet or fitness.

Residual income is money that is earned on a recurring basis, typically as the result of a single original action. Rather than earning an hourly wage, residual income is typically generated through an initial investment of time or money with the goal of earning continuous payments. Once the initial investment, product, or service is made, the ongoing income that is earned is generally passive in nature.
Hi Logan, thanks for perfect article on passive income theme! I am a newbie in this passive income thing but everything I read here seems obvious to me. Why not create a passive income, right? So I started googling about making passive income via internet because I like things connected to the web and I think that this will be a huge thing (it already is) and I found this article which seems that is probably very new but in the ebook there are great informations about passive income, at least in my POV (newbie POV). Is this a legit website or can it actually work? I want to expand on that because my 9 – 5 s*cks… Here is the URL: https://cashwithoutjob.online
If retirement is a goal of yours (and who doesn’t want to retire someday?!?), it’s important to learn how to start investing. In fact, funding your retirement accounts should be at the top of your list. While these accounts won’t help your immediate situation, by stashing cash now, the residual income they create should help propel you through your golden years.
Bonus: If you own land and the rights to the minerals below it, then you can let an oil company drill on your property and earn a share of their revenue. Read this full guide on renting out your property for fracking. Landowners who live on mineral-rich property have made thousands of dollars from this method. In order to learn more about your rights as an owner of natural resources, visit the National Association Of Royalty Owners.
The Total Money Makeover – Great book on getting your debt under control. When the average American has nearly $10,000 in credit card debt, his message is extremely relevant. While I don’t agree with everything he says, it did make me way more conscious about the power of not having any debt. After reading this, I ended up buying my next car in all cash. Read my full review here.
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About Blog My name is Michael W Smith, I created this page because I realized that people are in a game that is rigged against them. It is a game where the house always wins. I help people by to showing them how to beat the game we refer to as the "rat race". Not by cheating or scamming but by rewriting the rules and setting up a new game. Join me as I teach people how to earn massive passive income online.
Not exactly, even though that’s what passive income pushers would have you believe. No, once your site goes live, you need to perform various marketing tasks like promoting your posts and interacting with people on social media, commenting on other blogs, and seeking out new promotional opportunities. Oh and any good blog out there isn’t just preloaded with content and left to stagnate. No, you actually have to write new posts, too. And even if you hire someone to write the post for you, it’s you who has to edit them, schedule them, and oversea the whole operation. All of these things are not passive at all.
In fact, this post is a perfect example of this in action. I created the products I mention throughout the post over the past two years, and I set aside some time to write this post…and from now until my blog no longer exists, this post will continue to earn revenue from product sales! It’s as simple as that. I just have to help people with this post. And I hope it is helping you!! 🙂 
One word of advice, and something I intend to do once I have the money saved up, is to build or buy out property that can support apartments or townhomes. One tough mistake some people make is buying a pair of homes to rent out and they get a nice $2,000-$3,000 a month but that’s it. Buying a house is expensive and the rental prices keep lower income families from potentially coming to you with their money to rent. If you have an acre to work with (more or less is OK too) you should be talking to a contractor to build apartments or townhomes. You will make a little less per unit BUT your audience grows significantly because now you can have college students, single parents, older folks, etc. all able to afford your rental units AND instead of capturing one $1,000-$1,500 a month payments, you can probably charge $700 a month per unit (or more, depending on the market) and build maybe 3, 4, 5, 10 units for the price of a home or two and now you’re making something like $2,100-$10,000 a month. It all depends on what you have to invest but if you’ve got $250,000+ I’d highly suggest you talk to a bank/investor that can get you in touch with a good contractor to build on a property and get permits and take out a matching $250,000 loan (I’ve read that $500,000 is plenty to build a good amount of apartments to start) and you can fill up your apartments and make a killing every month. You’ll have more tenants to deal with but if you’re competitive with your pricing you won’t have a hard time keeping tenants or replacing them.
There is no short cut to success. There is however a difference to the efficiency and methods you use to develop your ideal personal economics. Take a moment to look around and you will see countless people all working in their own way. Who is successful depends on their financial goals and if they are achieving them. What works for them may not specifically work for you.

I wonder what the avg number of hours/week (over a year) would be for something to be considered “passive income”. To me, it’d be under an hour a week. If I was able to earn money from something with that time investment, the hour a week would be mostly a time investment in checking on things that it’s still working and setting the course back on track.

The clarified order then divided Brad’s commissions into three separate categories. The first category represented the specific members and brokers that made up Brad and Karen’s downline as of their date of divorce. The second represented those new members and brokers that Brad had earned on his own after the date of divorce. The third consisted of new members and brokers that were earned by the brokers within the first category after the date of divorce.

New post sponsorship -- Companies appreciated the blunt honesty on the blog, so they'd hire me to review their products or even their websites. They knew up front they wouldn't get glowing reviews, but instead critical and balanced looks at what they were doing well and where they could improve. Sponsors had absolutely no editorial control or impact whatsoever (the only ethical way to incorporate sponsored posts in my opinion).


Obviously, these are much higher than you’re going to get with most other investments. What’s more is that you can choose a plan that matches your investment strategy, whether your goal is Supplemental Income, Balanced Investing, or Long-term Growth. You can also look at different real estate projects and choose for yourself which ones to invest in.
Also, I know from my personal experience that when you only do something because you think it’s a money-spinner you end up nearly killing yourself to get the idea over the line.  I remember creating a careers advice site that bored me to tears.  Every word I wrote, hurt a little.  All 200,000+ words!  Do not put yourself through this pain.  I know I won’t ever again.
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