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Making Passive Income Work For You

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    Ideas: Making Passive Income Work For You

    This post will actually help people achieve financial freedom, make some extra money, give themselves a raise, maybe put some money away for their kid's college, so I'm super excited about this particular post.

    I'm not one of those internet gurus, who is trying to sell you on the idea that passive income means not having to work, or get up early, or do anything like that. It's freaking hard work and it's nothing new. The top Fortune 500 companies in the world, are making passive income right now. You just have to change the way you've been thinking about it, so that you don't think of it as a scam or a myth.

    And there's a lot of ways you can really think about exactly how this works, and has always worked. And reality is that, right now, whoever is doing the, or has the licensing in Netflix for a show like Dawson's Creek, or Roswell, or something like that, from years and years ago.

    Guess what, the actor's might not be making any money from that right now, or they might. It's called, they might be getting royalties. But whoever controls the licensing, and was able to sell that to Netflix. Whoever had the rights to the whole thing, they're making money years after that show is already off the year.

    The camera man, who showed up every day, he's not still making money off of Dawson's Creek,or Smallville, or whatever. But whoever owns the licensing to that intellectual property, is still making money today. The person who invented the paper clip, their descendants are still making money today.

    So when you think about passive income from that perspective, you realize that the largest corporations in the world are raking in passive income right now, while you're waking up and grinding, which by the way, you should probably still be doing. But, they are doing that, and making money on the backend. CEO's could probably stop working today, but because they own their company, they will make residual passive income every day, whether they show up and run the business or not, or whether their general manager or their VP does it. So, you have to start thinking about it in that way.


    #2
    If you want passive income then invest in mutual funds, invest long term in stocks, get into Treasury bonds or you could try buying some properties and renting it out for a long term lease. You could sell ebooks at Amazon Kindle or invest in startup cryptocurrencies. There's a lot of ways to have passive income but it relies on how much are you willing to invest in it.

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