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…)