How to build passive income

One of the ways to build "passive income" is through money:

1, real estate: if you own a house, this house is used to rent, you can have a fixed rent every month, rent income is "passive income".

2, interest: interest on deposits is also "passive income", but the interest on bank deposits is too meager. You can consider a loan to get a higher interest rate, but there is a risk of loan, loaned out, can not come back, blood money.

3, the stock market: this does not mean "speculation", speculation needs to invest time and energy, and there are risks. Here refers to long-term investment, looking at a quality stock, long-term holding, through dividends or long-term value-added profits. Profit more than savings, the risk is lower than loans.

4, investment: investment in funds and insurance, you can also get a stable income.

5, enterprise: invest in the operation of a business, looking for professional managers to manage. Get regular dividends from the business.

Second, through the value-added knowledge to obtain "passive income".

1, intellectual property rights: for example, wrote a best-selling book, reprinted many times, each reprint is a substantial amount of royalties. Or an article that is reprinted by many media outlets can also earn a good fee.

2, network, IT: because of hobbies and interests to establish a Blog, accidentally became a well-known blog, the number of visits increased dramatically, the ads on the web page brought a considerable amount of additional income.

Three, the use of "no work" method to obtain "passive income".

1, donations: a lot of novels, movies and television works, there are always some people accidentally get a large amount of heritage, such a situation in reality should be extremely rare. Most of them are getting some small red packets and gifts.

Expanded:

The book "Creating Passive Income. p>The 10 Laws of Creating Passive Income is a 2010 book published by China Youth Publishing House and written by (American) Bill Quain. Synopsis: Simply accepting the rules imposed on you by others is absolutely not going to make you happy in everything and satisfied everywhere. If you want to be in charge of your own destiny, you have to make the rules. Planning your own destiny is never easy. You will make sacrifices, you will need self-discipline, and you will need courage.

But once you set sail and begin to set the course, you will experience freedom firsthand!

This freedom is, to walk the earth and get out of your own way.

This freedom is, you are at the helm of your life.

Most importantly, the courage to pursue life's abundance, not to be the status quo of the coward.

So please consider the present moment, make careful choices, and be brave enough to create your own life!

Baidu Encyclopedia - Passive Income

Baidu Encyclopedia - 10 Laws of Creating Passive Income