Tuesday, May 5, 2009

Passive Income Ideas - How to Recession-Proof Your Livelihood

By Francisco Rodriguez

Are you looking for some passive income ideas? Before you decide on a passive income opportunity, you should make sure that you understand what "passive income" really is. Passive income is any type of income that does not require any manual effort in order to generate revenue other than the initial set up, initial production, or occasional efforts to maintain or enhance it. Investing in stocks is one such example of a passive income idea. You purchase a share of stock once and let the market handle the rest. Occasionally you will need to check up on the stock or you may need to buy more shares or sell some shares, but it is passive, for the most part.

Blogging Profits: business opportunity in India. Thousands of people are making a decent income from blogging. How they do it is that they monetize their blogs with affiliate links and Google AdSense ads and send traffic to their blog, while developing a loyal readership with interesting posts.

By the way, didn't Kiyosaki warn us about mutual funds? Now look at what's happening. Because of these factors, people are looking for other means to create extra income and network marketing could be the perfect business for you.

Plus, having a network marketing business gives you some tax benefits. As an employee you are paying the absolute maximum in taxes. This is money you can be using to improve your lifestyle, invest in your network marketing company, in real estate or set aside for retirement.

What are some passive income ideas for making money on the Internet? Blogs is one example. Anyone can set up a blog for free on the Internet. Once you set up and maintain your blog you can set up free banner advertising on your blog through systems such as Google AdSense. As long as you are writing about a relevant topic and actively maintaining it, it will only be a matter of time before your blog is indexed by Google and people will start visiting it. Anytime someone clicks on any of the free advertisements on your blog, you will earn some revenue.

You don't have to ship them, they are easy to create, they can be sold over and over again without any replenishment of inventory and of course they can be automatically sent to your customers upon payment! That makes it one of the ideal online businesses.

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