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Another investment I highlighted recently was p2p lending through Lending Club. Ive been investing in p2p for a couple of years now and have booked returns just under 10%. Now that might not sound fantastic against double-digit stock returns but its double what you get from other fixed-income investments.

Investing in loans is nothing new. In fact, I guarantee you have money in them via any pension plan or insurance. You see banks sell their loans to investors who need reliable cash flow so their most important buyers of loans are pensions and insurance companies.

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I average just under 10% annually on the loans about $1,000 on every $10,000 invested. Now thats a calendar year so youll need quite a bit invested to make that $5,000 per month but even a small portfolio will constantly be putting money 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 websites automated investing tool. You decide on the criteria for loans in which you want to invest and the program does the rest. It will look for loans daily which meet those variables and mechanically invest your money. Its important because 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 gets the investment completely passive. I might only check in on my account once per month or even more often. I know that program is going to keep investing my money for a stable and passive return.

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

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

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So now the site Patreon provides you the link opportunity to acquire patrons to your own works. You build a community of individuals interested in your job, another usage of a site that will double-duty with this passive income strategy, and then ask them to make contributions every time you create something. .

Now his response patrons dont come away empty-handed, you offer benefits and copies of the work. So to get a writer, you might offer copies of your own books. You could promise to thank patrons on your site or to market something of theirs in the future.

Even if every patron only contributes a very small amount every month, it can still be a huge source of income. Take a look at the Patreon site to get Kinda Funny, an internet video company. They've over 6,209 patrons which means an average of only $3 a month would be a monthly income of almost $19,000 plus they get cheerleaders which are always happy to spread the word on their brand. .

Our last passive income source is creating your own brand and selling via Amazon FBA. This is one of the most exciting income thoughts Ive seen in years. Amazon FBA makes it easy to start your own retail company, to market your own products.

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It was that you needed hundreds of thousands of bucks for manufacturing, marketing, logistics, everything that went into selling solutions. With Amazon FBA, you contract with a manufacturer to send everything straight to Amazon warehouses across the country.

The manufacturer is going to put everything visit the website 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 biggest internet shopping site.

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

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Ive got a couple of interviews on the site from people who have started shops through Amazon FBA. A couple of them are making high-income incomes in less than a year so $5,000 per month is readily attainable in less than that.

Making legitimate passive income isnt as hard as you may think. Some of the very best passive income ideas may take a little time to install but can begin cash flowing within a couple of months and will offer a consistent monthly income for years or longer. The most important point is just to get started.

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