Archive for May, 2009
Earn Residual Income From Information Product Businesses
by BillStewart on May.19, 2009, under Business Opportunity Comments
The amount of information available is so mind-bogglingly huge, nobody could possibly have access to all of it. But everybody knows something. Perhaps you know more about some specific topic than do most people, because you have gathered information over time, through research and experience. If that’s the case, and it is something that a number of other people would like to know about, then you have both a potential product (the information) and a potential market (the other people who would like to know about it). If you can put together a means to promote and deliver the product to the market, then you have the potential to generate an income. (continue reading…)
Earn Residual Income From MLM Businesses
by BillStewart on May.18, 2009, under Business Opportunity Comments
If you recommend a product or service to a friend, and the friend goes ahead and buys the product or service, then you have done the job of the salesman. Generally, salesmen get paid a commission for making sales. So if your recommendation ends in a sale, it’s reasonable for you to get a commission. (continue reading…)
Earn Passive Income With More Options For Stocks And Shares
by BillStewart on May.18, 2009, under Business Opportunity Comments
In a previous article – “Long Term Assets – Stocks And Shares” – we discussed the idea of using ‘options’ in trading on the stock market, as one possible active strategy to use in preference to buy-and-hold. We covered the buying of options and the fact that option prices are much more volatile than share prices. You can buy and sell options without ever having to buy the shares themselves. (continue reading…)
Build Residual Income From Stocks And Shares – But Not Right Now!
by BillStewart on May.18, 2009, under Business Opportunity Comments
A portfolio of stocks and shares is a standard investment strategy that exactly fits the bill in our search for a source of passive income, which is generated from the annual earnings payout from the shares. I am not a professional advisor, so this is just a personal opinion, but I do not think that a buy-and-hold portfolio is a safe strategy for your hard-earned cash right now. (continue reading…)
Build Residual Income From A Well-Organised Business
by BillStewart on May.17, 2009, under Business Opportunity Comments
In our quest for assets that can provide a passive income without requiring constant management, we have to look at the privately-owned business. For most people who want to get away from the ‘regular job’ style of life, starting their own business is the obvious way to go. They choose something that they know about, that they are passionate about, that they can do better than the next person. Then they sit and wait for the customers to come and buy from them because they have the best service around. (continue reading…)
Create Passive Residual Income From Property For Rental
by BillStewart on May.17, 2009, under Business Opportunity Comments
Just a couple of years ago in UK, you could buy a property with a 15% deposit, pay 5-6% interest on the balance, and rent it out at around 5-6% of the value. You would only be breaking even on the rental, even before allowing for maintenance and other overheads. Why would you do that? Simple – because the capital value of the property would be growing on average better than 10%. In other words, in 7 years your property was worth twice as much as you paid for it, so the initial deposit and the overheads become insignificant – if you can handle the cash flow, your capital is growing quietly in the background. (continue reading…)
Create Passive Residual Income For A Better Life
by BillStewart on May.17, 2009, under Business Opportunity Comments
The assets that we really need are not just consumables that have value, things that the insurance company would want to know about, the assets we really need are things that can generate an income for us without needing constant management. Creating assets like that can generate a steady income to let you take life more easily, and stop running the rat race. You can build up assets over a period of time. But what kind of assets will work for you? Here are 5 possibilities to consider: (continue reading…)