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Thursday, October 6, 2011

Passive Income Opportunities Stare Us In The Face

According to the American Internal Revenue Service, there are three types of incomes:

1. Active Income. That which must be earned - You have to work for it.

2. Portfolio Income. Income from investments. Example, dividends. Many will regard Portfolio Income as passive. However, in the United States, it is not classified as such.

3. Passive Income - A dreamers dream! Examples of passive income are royalties from a book you published, rent money, dividends from a business you own, revenues from an old blog on the internet.

If you are a landlord, a musician, an author or investor, you may, at some point, be able to kick back and enjoy the fruits of your labor without putting in anything for that period. Well, I mean, if you are successful in your category.

But...if you were not born with a gold spoon in your mouth, you are tone-deaf, and you read books - not write them, how are you going to get to that easy street? Where is the passive income avenue?

You can invest in stocks and bonds...if you can find the money and afford the risk...

Online marketing is less of a gamble than investing in stocks. It only takes more hard work to get into. You can even start it without paying a dime, or at least, just for pizza money. Contrary to what many internet marketers tell you, it WILL cost you time and effort - A LOT! Work hard today, see the benefits down the road. If you are willing to throw your weight behind it, you may find a friend in Google. Search Engine Optimization is the key.

A blog you wrote in 2009 could still be delivering traffic to your website in 2011. Every time your traffic converts, you will receive passive income. The more internet marketing articles you create to generate traffic, the more passive income you will earn. If you continue investing time and effort, your income stream will keep growing. Each article will add a new income channel to your business. Years down the road, you could be sitting easy on the beach.

Maybe you have tried blogging before, but no one seems to read your articles. That is easy to fix. It means that there are things you do not know about SEO Keywords. I hope that some online marketing company did not take your money and leave you to blog in vain, all by yourself. If you are looking for an honest ethical online marketing affiliate program, make sure you choose one that will teach you the business. This guideline can never be overstated!

You have a right to dream big, and you have a right to achieve. Yes, it is possible to succeed and make money online. Just be willing to work hard enough. The rewards are very great. You could be caught up in that rapture too - Passive income that just keeps coming, even when you did not go to work.

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