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The best ways to create passive income streams
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[QUOTE="Mika, post: 281789, member: 29399"] Investment is certainly the best way to build passive income. When you invest, you do not have to work hard to make your investment make money for you. When you invest, other people (the individuals related to the companies you have invested in) will work hard to make money for you. However, investment requires a substantial amount of money, and then there is also a market risk, your investment can go wrong or you might make a loss due to the market conditions. You can also build passive income by creating your own business. However, creating your own business requires investment as well as hard work. Interestingly, you might be able to make more money when you create your business compared to making an investment in someone else business. The third method of building passive income is by creating a product or services that continues to sell and generates profit for you. [/QUOTE]
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