The benefits of a passive income and how do you find the right one to suit your style and provide the return you want?
What is a passive income?
First of all, a passive income is money that you invest to obtain an income without doing all the work.
Examples would include;
1* Investing in the stock market
2* Buying a house and renting it out
3* Buying Cryptocurrency as a holder
4* Putting money into an investment account
5* Writing a book and having it sell
6* Having an affiliate product on the internet.
These are all examples of passive income however the investment amount varies widely as possible the return.
Furthermore, your time investment can be managed to improve the return.
An example would be a real Estate investment. You could hire a manager to look after your investment or do it yourself and save the associated fees.
Every investment comes with a decision of higher return or less interaction.
The benefits of a passive income explained
This style of investment is generally safe management of your funds. It is not a high-risk venture.
an example could be day traders for stocks or currency which come with big downsides.
The amount of your participation can be managed by you depending on the return you require.
An example could be Bank deposits. You may spend time scouting around for a better return.
Your capital contribution does not necessarily determine the payout.
An example could be writing a book, it has not cost you a lot of money but may return a high dividend.
Time and money are the same because both have a value
In the above example, I said that the book did not cost a lot of money, as in cash. However, you may have spent a year writing the book
which is time that could have been spent on other pursuits. It certainly has a value and probably far more than the cash contribution.
When investing on the Stock Exchange and living on earnings many will place the management with a Broker or similar. You accept his style of investing and have little or no input. Some, however, will actively monitor the market and make changes when and if necessary. Shares go up and down but it should be remembered it is a long-term venture, not day trading.
What would be a good low-capital investment with a high return
The internet offers an opportunity to get a better return on a low deposit. However, choosing the right product is essential.
I went with one from Michael Cheney because it ticked all the security boxes.
He has been around for over 20 years
Made a bundle of money from affiliate marketing
Provides 24 /7 support and a mentor
Built a complete done-for-you product that guarantees you a return.
Your role is to assist in customer acquisition
A good passive plan explained
The Accelerator program from zero to $10,000 a month in three months.
Results vary and it may be a tad optimistic but you will get a return and you will get to the top or they will work with you to get you there.
There is no other product on the market with the benefits offered here and you can look for yourself, make an informed decision and wait for results.
With further input, this program can take you to any level of income you want.
Affiliate marketing is not all that hard.
You need a product to sell that has a good return and this is supplied.
Then a market interface like a Webpage or Funnel and this is all done for you.
Add in paying customers. From day one paying customers are included in your plan.
Ongoing support and customer acquisition program set up for you.
This is a done-for-you product that makes passive income an easy game even on a minimal cash input.
What's not to like
Benefits of a passive income by Peter Hanley
Is Michael Cheney the best deal yet
