How To Make Passive Income

[trm21]

Hi, recently I have heard many people promote the idea of having a "passive income" source. This way, if you lose your job or retire, you will have a stream of income that has been coming in without you having to put much work into it.

Has anyone on here tried creating a passive income source? Any success stories?

Thanks!

[omrishabbat]

There are many ways to create passive income: Affiliate marketing, trading stocks, get paid to write, paid online surveys or what i did create my own website. But i got to warn you that nothing is easy - you got to work hard to achieve this passive income.

[KA]

There are some online working from home opportunities that are geniune, but some of them are not. Check and research any opportunity or program.

In general, beware of working from home employers who ask for your money in advance. Legitimate working from home employers pay you money and do not ask you for money. Have a look at http://kmd-solutions.com/workfromhome.htm.

[maSkraP]

If you want to earn your money, there really is no such thing as easy-money.
The lottery is not the way to go.

[peanutbutter]

There are many ways to create passive income: Affiliate marketing, trading stocks, get paid to write, paid online surveys or what i did create my own website. But i got to warn you that nothing is easy - you got to work hard to achieve this passive income.

Affiliate marketing, --> Yes, this is passive income in the true sense of the word, once you sign up you can get income without much effort, but such schemes usually pay more money to the people who started the program (instead of you)
trading stocks, --> Trading stock is risky. Let specialists take care of your portfolio if you do it, but don't count on it to make a quick income. Stock prices fluctuate a lot and you have to wait a very long time for them to rise just a little bit.
get paid to write, --> Great source of income if you can write well, but it is not a passive form of income.
paid online surveys --> The surveys I've seen want your personal information and those details are usually sold on. Don't do it unless you like receiving spam.
or what i did create my own website. --> Great idea, but not a passive income either. A website usually earns money based on the number of people who visit. Visitor numbers drop if you don't come up with fresh content on a regular basis.

In short: If you really want a solid income, don't expect money to come to you without putting some effort into it.

[williams22]

You cant earn until and unless you give your effort ! So stop relying on such things and start working on your efforts