Do the work once, get paid over and over again. That is what residual passive income is all about. It’s the royalties that authors, song writers, and performers get paid. It’s the continuing income stream to which some financial brokers have access, and it’s more.
Last time (in Part One of Digging into Residual Passive Income), I covered careers (achievable and creative) that provide an opportunity to earn residual income. In today’s post, you will hear about ways to obtain residual income outside of a career.
Investments Invest to earn income and dividends.
This one isn’t quick or easy, I’ve only accomplished it after a lifetime of work and savings. You can have residual income from investments in the market through dividends and interest. If you invest enough, are wise in your investment choices and lucky in the way the market runs, you can make enough from this . . . → Read More: Digging into Residual Passive Income – Part Two