Passive Income for making money

It’s true that no income is truly passive, since you will need to do some work to maintain your income stream. But it is possible to set money-makers in motion, under the name of a home business, and cultivate revenue.

• Income investing: Create an income portfolio with dividend stocks, bonds and P2P lending.
• Real estate/rental property: Buy income property and earn money. Whether you lease it out a business, or get renters, you can receive income regularly. Hire a manager, and you won’t have to do much at all.
• Web property: Buy web sites and monetize them. Yes, this can be work at the beginning, but once you get things going, it can provide income. Hire others to write for you, or do other tasks, and you won’t have to do as much work.
• Affiliate marketing: You can sell items through affiliate programs. As long as others keep buying in, or participate, you can earn money.
• Royalties: Create something once, and keep receiving money from it. You can also do this without sharing the profits with someone else. Create your own ebook and sell it yourself on a web site, or even on Kindle.