Investment Techniques For Creating Passive Income, The Five Golden Keys To Massive Passive Income, 8 Ways To Build Passive Income Online And More.

Investment Techniques For Creating Passive Income

Submitted by: Mika Hamilton
Global Investment Institute

There are many wealth creation strategies and investment techniques available to those who are looking to create a passive income. These fall into three main categories. Running a business, investing in property and investing in the share market. Although there are many options in each of these areas, finding the right wealth creation strategy for you is not that hard.

The formula for Wealth Creation is relatively simple. In order to increase your wealth, you need to increase your wealth generating activities. Most of us start out trading our time, for money. We get paid an hourly rate for doing a certain job. The problem with this is that in order to increase your income, you usually need to increase the amount of hours you sell to your employer or clients. Which in turn reduces the amount of time you have to spend on yourself, your family and doing the things you enjoy.

In order to increase your quality of life, the only realistic strategy is to increase your income, and reduce the amount of hours you work. How do you do this you might ask? By using time tested wealth creation strategies and investment techniques to create and then increase your passive income.

Creating a Passive Income gives you more time and money to spend on Wealth Creation

Passive income is generated when you are making an income without having to work for it. For example if you own a business, that you have setup to run completely on its own, or if you own shares in a company that pays you annual dividends, or perhaps a piece of real estate that generates capital or rental returns.

All these investment techniques earn you passive income. because you are not limited by the amount of hours you can spend per day working on them. Instead of working for money, you now have money working for you. This is the true essence of any effective wealth creation strategy. Maximum return for minimum effort.

>> click for more detail about passive income <<

The Five Golden Keys To Massive Passive Income

You can earn a large monthly passive income with a minimum knowledge of the Internet, sales or marketing. In fact, you don't even have to have a website to be successful.

Before I discuss the three important keys to massive passive income and how NOT to lose money, I would like to begin by defining passive income . Like many people I had read lots of articles and listened to several speakers talk about Passive Income . Whether you work a regular 9-to-5 job or are self-employed, you earn a salary based on the hours you work. For most people, if you take-off on a 30-day vacation, chances are you will not be paid. Passive income is an income revenue stream that you have created that operates 24/7 - it operates without you and is an automatic cash machine. One example of an income stream is affiliate programs.

The first step for creating your income stream is finding an affiliate program. You can find affiliate programs online by searching the Internet or by reading articles like this. With affiliate programs you have no employees, no inventory, no stock to ship and very little expenses. Now imagine flying to beautiful Hawaii and enjoying golden sunsets. You stretch out at the beach, soaking in the warmth of the sun and the days slip by and there are no thoughts or cares in the world to disturb your private oasis. Eventually, two-weeks later, you return home and sort through the mail. To your delight you have several checks from your affiliate programs. With gladness and excitement you go to the bank and deposit your weekly income . This is the fun and joy of working with affiliate programs.

Most affiliate programs are free and cost nothing to sign-up. If you find an affiliate program that charges a fee to start-up, then I would suggest holding-off with that program into you learn more about affiliate programs. Do not confuse this with MLM (multi-level-marketing) programs. MLM programs are not passive income streams. These programs require more marketing and having inventory or buying product monthly.

The second important key is "Help People Get Healthy and the Income Will Follow". Or in other words, create a win-win for the customer and for you. Provide a product or service that people want and the income will follow. If you focus only on the money and not your customer, then your financial gains will be short term.

Affiliate programs offer a variety of products or services. Programs can include health products, satellite TV service, movie rentals, hosting services, e-books and the list goes on. Pick a program that is of interest to you and has a broad appeal for men or women.

The third key to success is creating two or more passive income streams. With multiple income streams you can better manage the fluctuation of your income . Stockbrokers will tell you the same ?diversify your income . Back in 2002 I had only ONE program and it was generating over $5,000 per month. Life was grand and I was just starting to build my nest egg. Then, the FDA stepped in and shut the company down. In 2002 this was my main income . My income went from $5,000 to $200 per month. Needless to say, my lifestyle changed very dramatically. You don't have to make this same mistake to learn how important it is to diversify with two or more programs.

Once you have selected an affiliate program you'll want to do a little bit of marketing to get the income flowing. There are a variety of methods to market an affiliate program. the discuss only one method in this article because it is the least used and easiest to do. I have one affiliate program that is a natural, organic skin care and cosmetic line. In addition, this company provides each affiliate with their own unique web link to advertise. NOTE: This unique web address is the company affiliate program website - this is not my website. To promote this program I printed up 1,000 business cards with the description of the product, my unique web address, my phone number and email address. I hand out these cards to everyone I meet. With this kind of marketing you can hand cards to your mechanic, grocery clerk, florist, dry cleaner, dentist, church members and more people. Imagine handing out one thousand cards per month and how much income that will generate.

Anybody can earn a passive income . You, on the other hand, have the three important keys to massive passive income . One, find an affiliate program; two, provide a product or service that customers want and create a win-win, and three, add a second program, then another. Oh yeah, step four is deposit your checks and step five is take a vacation to Hawaii. << Click here for more passive income info >>

8 Ways To Build Passive Income Online

By Herman Drost

Definition of passive residual income: The definition of traditional passive income is "Income generated with minimal work from your investments such as interest, dividends, or real estate rentals." However in this article we are discussing creating a passive income online. Investment of time and money is initially required to build a passive income online, then possibly minimal work thereafter.

The benefits of generating a passive income:

1. Make a strong initial effort to get your income started, then do minimal work (or virtually none)thereafter, resulting in earning more and doing less.

2. Freedom to choose when and where you wish to work.

3. Your passive residual income is not dependent on a 9-5 work week and can be generated 24 hours, 7 days a week.

4. Able to give yourself a pay raise whenever you want by creating multiple income streams.

5. Create an unlimited amount of income - you are only limited by your imagination.

6. Have more free time to spend time with your family, friends or go on vacation.

7. Ability to give to charitable causes.

8. Create residual income for your future retirement. More ways to build passive income online >>

Turning Passive Income Streams Into Raging River

Posted By: Rick Smith
Date: Thursday, 31 August 2000, at 8:08 p.m.

Let's say you have several good ideas for creating some passive income streams. Let's say even though you haven't fully tested the ideas yet, you know the ideas are reasonably good because you're part of the target markets involved and you've seen other members of those target markets asking questions that led you to come up with those ideas in the first place.

Now. Let's say that you also have some active income streams, (job, business, whatever), that you must attend to as well. Let's say that you need to maintain those active income streams until you get the passive income streams flowing. (Translation: You have to eat. *g*) And let's say that those active income streams consume your time. A lot of it. Those streams consume so much time because those streams involve time intensive operations, (such as developing software *g*). So much so that you really have nothing or almost nothing left timewise to devote to developing your passive streams.

(Note: I'm using some of Mike Ross' suggestions to subcontract out some of the development.)

The questions:

1. How do you manage your active income streams to allow time to develop your passive income streams? Or do you not manage your active streams? Do you just sleep less? *g* Remember too that most of us also need to give time to our families, communities, churches, etc. How do you make all of this work?

2. How do you find the get and up and go when it feels like it got up and went? *g* IOW, after you've given all you've got to your active income streams, how do you have anything left to give to your passive income streams?

Rick Smith, "The Net Guerrilla" More info about passive income >>