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Another investment that I emphasized recently was p2p lending through Lending Club. Ive been investing in p2p for a few decades now and have booked returns only under 10%. Now that may not sound fantastic against double-digit stock returns but its dual everything you get from additional fixed-income investments.

Investing in loans is nothing new. In reality, I guarantee you have money in them through any pension plan or insurance. You see banks sell their loans to investors that need reliable money flow so their biggest buyers of loans are pensions and insurance companies.

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I average just under 10% annually on the loans so about $1,000 on each $10,000 invested. Now thats a year so youll need quite a bit invested to make that $5,000 a month but even a little portfolio will constantly be putting cash in your account. You get paid principal and interest monthly on your loans so its a fantastic cash flow investment. .

What I like about p2p investing on Lending Club is your sites automated investing tool. You pick the criteria for loans in which you want to invest and the application does the rest. It will look for loans every day that fulfill those factors and automatically invest your money. Its important as youre collecting money on your loan investments daily so you want that money reinvested as soon as possible. .

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The automatic investing instrument on Lending Club makes the investment completely passive. I could only check in on my account once per month or even less often. I know that program is going to keep investing my money for a stable and passive return.

Our next passive income idea is another twist on crowdfunding called Patreon. The website is encouraged as a crowdfunding site for creative people like artists and writers but its for anyone with a side-hustle idea.

Patreon is actually how the arts used to work hundreds of years ago. Back during the renaissance, artists used to ask the wealthy for their patrons to support their work through regular contributions.

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So now the site Patreon gives you the opportunity to get patrons to your own works. You build a community of individuals interested in your job, another use of a site that does double-duty with this passive income strategy, and then request them to make contributions each time you create something. .

Now patrons dont come away empty-handed, you provide rewards and copies of the job. So for a writer, you could offer copies of your books. You could promise to thank patrons on your site or to promote something of theirs in the long run.

Even if each patron only contributes a very small amount every month, it can still be a massive source of income. Take a peek at the Patreon page for Kinda Funny, an internet video company. They have over 6,209 patrons which means an average of only $3 a month would be a monthly income of nearly $19,000 and they get cheerleaders that are always happy to spread the word on their brand. .

Our past passive income source is creating your own brand and selling via Amazon FBA. This really is one of the very exciting income ideas Ive seen in years. Amazon FBA makes it easy to start your own retail company, to sell your own products.

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It was that you needed hundreds of thousands of dollars for manufacturing, marketing, logistics, More hints everything that went into selling products. With Amazon FBA, you contract with a manufacturer to send everything straight to Amazon warehouses throughout the country.

The manufacturer is going to put everything together, package it and even set your tag on it. Then you just run your advertising and market everything from the page on the worlds largest internet shopping site.

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Amazon FBA provides you the opportunity to compete with the biggest names in retail. Always wanted to start a toy company, move over Hasbro. Want a line of blue jeans with your name stitched across the pocket, so you can now begin for only a couple of thousand in inventory.

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Ive got a couple of interviews on the blog from folks who have begun shops through Amazon FBA. Some of them are making six-figure incomes in less than a year so $5,000 per month is readily attainable in less than that.

Making legitimate passive income isnt as difficult as you might think. Some of the very best passive income thoughts might take a little time to set up but Clicking Here can start money flowing within a few months and will offer a consistent monthly income for many years or longer. The most important point is simply to get started.

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