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    The Passive Income BluePrint - How To Make Money While You Sleep
    The Passive Income BluePrint - How To Make Money While You Sleep
    The Passive Income BluePrint - How To Make Money While You Sleep
    Ebook84 pages48 minutes

    The Passive Income BluePrint - How To Make Money While You Sleep

    By Adidas Wilson

    2.5/5

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    About this ebook

    Passive income is becoming more popular by the day. However, many people still do not understand how beneficial it is. Believe it or not, making money in your sleep is not the biggest benefit. This book outlines more important reasons why everyone should seek a passive income stream or be in the process of creating one. I also offer semi passive startegies. 

    Planning for retirement should not be a huge headache—unless you think that you can only prepare for retirement by saving. If a sudden change in your life or the economy happens, your savings may not be very helpful in retirement. It is no secret that savings are just not enough. You will have unexpected expenses especially in your old age and you are likely to underestimate the amount you should save. People are living longer nowadays but that should not mean they want to work more years. A passive income stream means that you will have constant cash flow. You will be getting an amount of money regularly, unlike with savings. It will be like getting a paycheck without actively working.

    LanguageEnglish
    PublisherAdidas Wilson
    Release dateApr 28, 2019
    ISBN9781386081142
    The Passive Income BluePrint - How To Make Money While You Sleep

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    Reviews for The Passive Income BluePrint - How To Make Money While You Sleep

    2.5/5

    3 ratings2 reviews

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    • 5/5
      This is a great book! It gives you many income streams.
    • 1/5
      The book doesn't live up to its title. Very poorly written.

    Book preview

    The Passive Income BluePrint - How To Make Money While You Sleep - Adidas Wilson

    Chapter 1

    Passive Income Ideas You Can Use to Build Real Wealth

    So many people research to make passive income and yet, a lot of them cannot find the answers they seek. The streams of passive income require a great deal of nurturing initially and upfront investment. After a while, they can maintain themselves and you will have consistent revenue. Here are a few ideas. Dividend stocks: A lot of research is required on your side and a significant amount of capital. Peer to peer lending: This involves lending money to people who do not qualify for other loans. Rental properties: investment in rental properties can be done in so many ways and it is a great way to have a steady monthly income. Money market funds and high yield savings accounts: this is best if you want your money to work for you, but you do not want to think about it too much. CD ladders: this involves buying certificates of deposits (CDs) in specific increments from banks. Annuities: pay for an insurance product (annuity) then get monthly payments for life. Automatically invest in stock market: through a robo-advisor people who are not sure about the process of picking stocks can passively invest in the stock market. Invest in a real estate investment trust (REIT): REITs are investment vehicles which hold your property within

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