Gen­er­at­ing pas­sive income can be dif­fi­cult at first but of the 3 major types of income (earned, port­fo­lio, and pas­sive) it is the most steady.

With earned income you only get paid if you work. But what hap­pens when you’re laid off or fired? With port­fo­lio income, you would be invest­ing in future, bonds, or stocks. Sadly, the aver­age return on the stock mar­ket is 8%.  And there’s always a chance that the mar­ket will crash and head into a recession.

That’s why pas­sive income is becom­ing more and more pop­u­lar. It is robust and offers a very steady income stream.

Here are 10 ideas that can get the ball rolling for you. Let me know what you think about them.

(source)

Pas­sive Income Ideas

1. Rental Prop­erty
2. Write some soft­ware
3. Pub­lish some­thing
4. Become a part­ner with a busi­ness
5. Invent some­thing and patent it
6. Join a net­work mar­ket­ing busi­ness (one with a good train­ing pro­gram)
7. Write and sell an e-book online
8. Build a port­fo­lio of pho­tos to sell
9. Cre­ate a prod­uct and sell it through affil­i­ates
10. Develop a busi­ness idea and out­source every­thing possible

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