Passive income
By sjlskl
@sjlskl (3382)
Singapore
March 10, 2013 10:48am CST
Many a times, people have been saying the importance of having some form of passive income. Not only does it supplement the main source of income, it will means some sort of savings. Beside investment, what other source of passive income do you have or recommend.
1 person likes this
7 responses
@myl999 (2093)
• India
11 Mar 13
You know what exactly passive income means but have your tried any..I am working on two network marketing programs means Multi level marketing programs where you join put some effort to fill your matrix and then just reap the income monthly..the only problem is all good trusted program are highely marketed by professionals and people who do not have a lot of money to spend on marketing or expertise on marketing hardly can compete with these veterans so it takes much time to achieve the targetted results and most people lose patience and leave without giving a good try and the first reason is that this programs are subscription based ..so one need to know to use them make money even without filling the matrix for bigger earning.One exaple of the kind of program is GDI.
But if you say total passive income than invest sites are the best you put money in them once and than start withdrawing till they go scam...
@LouieWpHs04 (4555)
• United States
11 Mar 13
MLM's are not really worth it, and in most countries not even legal. I would NOT recommend investing any money with them. This is NOT a good way to make money nor is it even worth the risk to try. The people that bank most from the MLM's are the people that started the website, not the investors. In fact, they don't even bank off the "investment", they bank off the people putting money into their website. They don't even have to go "scam" although technically they're a scam from the start as there is no real product, the product is the individuals being taken advantage of so the upper level person can reap the benefits.
@zaugis (81)
• Lithuania
10 Mar 13
I love it;
Passive income is not income without investment.
Otherwise, you'll earn a few dollars per year.
It is a percentage which to earn from your investment, every day.
There are Many sites and different percentages (reliability as well)
Recently emerged new site - it is surf a few sites
and your income is % from your investment amount.
Within minutes you make as much as you want.
12 days giving you a 144% return for surfing.
it is cool ;)
@ddaguno (3107)
• Philippines
10 Mar 13
i bought a coffee dispensing machine which just needs to be refilled once every 2 days... I dont make much from it but since I dont give too much time for it then it's all good.
some might not consider this as passive income... but for me it is. all I have to do is buy the cups and coffee and I get quite a steady stream of coins daily. I consider this vending machine as a piggy bank 
@qualityanswers (2)
• United States
10 Mar 13
I used to work for MCI in a call center environment before it folded. At any rate it was a 24/7 operation. This place was always full. My point is Ms. ddaguno is that one day I struck a conversation with the gentlemen who was servicing their coffee and to my surprise, it was a million dollar a year account! I almost fell over when he told me! I was a little skeptical at first but he practically lived there. I would see this guy everyday. If you really wanted to provide a steady income in the coin coffee dispensing industry, find call centers that are 24/7. Usually sales offices would be interested in this service as they have to keep their sales reps awake the whole day! Just something to at least research and possibly consider if you decide to take this to the next level.
@hereandthere (45645)
• Philippines
11 Mar 13
hi, dd! i have seen one like that on top of a counter in one of the food stalls outside the mall. you only feed it P5.00 and you can choose between hot chocolate or coffee with cream and sugar. it's so different from the big nescafe vending machine found in offices.
so where is your coffee dispenser located? why did you pick that location? do you man it yourself or pay someone? how often do you replenish your inventory? how about service and maintenance?
@ARIES1973 (11426)
• Legaspi, Philippines
11 Mar 13
Writing can be one good thing to consider if your are aiming for passive income. Although this may not be easy and would take some time before you could achieve that goal yet possible.
I have been studying the online world and so far this is the only thing that I can think that would address your query. That is of course aside form investment. Writing is both an art and science which you will get better with time.
There are many online sites where you could start which will direct you to those dreams that you have.
Happy myLotting!
@devonavis (1854)
• Greece
11 Mar 13
I joined some sites and so far they are good. You just need to find the best ones, and a good mentor.
@21wakoko (52)
• Philippines
11 Mar 13
as of now, my only income is from online jobs, it really helpful because i can buy many things and help my family from buying things in our house,
@Raine38 (12250)
• United States
10 Mar 13
It is important to have some other means of income or money coming in aside from your usual day job. It pays to have some extra money and the side, and lets face it, we could all use the extra money. 
. Online sites that pay is one thing, you can also put your money in a bank for a time deposit which earns an interest that is a bit higher than that of a regular savings account but you cannot withdraw it before the time is up.
. Online sites that pay is one thing, you can also put your money in a bank for a time deposit which earns an interest that is a bit higher than that of a regular savings account but you cannot withdraw it before the time is up. 