Passive Income and Investing for Beginners
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About this ebook
Learn how to make money online while you sleep or... you will be a slave all your life
Passive income, income or residual income, is the secret to financial freedom. No school, college or university is going to teach you up-to-date financial education for your personal finances, except in investment and entrepreneurship books like this one.
Making money online is easier than ever, you can do it with or without investment. Here you will learn how. This manual is only intended to talk about PASSIVE INCOME. That is, building or buying assets that generate money without you having to work.
The book contains those sources of income that you can get for free and those that you need to invest, so that, depending on your profile: the amount of time and money you have, you can choose one or the other option. You will also find some interesting bonuses:
- Step by step to create a Limited Liability Company (LLC) and bank accounts in the United States.
- 90-day action plan.
- The secret of the free people mentality (what nobody tells you about freedom).
You don't need any prior knowledge. You will have exactly what to do: with links, references and tutorials. I
If you are looking for freedom, this is your chance: get your copy and discover the best ways to invest, start a business and generate passive income.
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Passive Income and Investing for Beginners - Matthew Rymer Harrison
The financial freedom game
This is not a conventional self-help book. It is a personal finance course for beginning entrepreneurs or investors and is focused on a fundamental topic: generating passive income.
Here you will not find other financial education topics such as savings or credit.
This is about making money online even when you sleep. That's what you will find and what you will learn. There is no wankery
. It's made so you can implement it in the shortest time possible: today. With or without investment.
There are few better feelings than receiving passive income, earning money without having to work. And with this I don't want to defend laziness, I'm just stating a fact.
Generating passive income or income is the goal of anyone who loves freedom. However, to achieve it you will need to have assets, which you can either create or buy.
In other words: you can have all the passive income you want, as long as you are willing to pay the price, either in money or time. Usually both. Of course, you pay once and no more.
When those assets require a certain amount of your time to keep giving you money we would be talking about semi-passive income. Which are not so interesting. In this book I will tell you the best options to get sources of money that work 100% outside your work, you just have to put them to work.
Although it is true that it is always possible to optimize your assets, take care of them, improve them; this is not essential.
Be warned, you are entering a book of entrepreneurship, here risk is the norm. An asset can make you X amount of money one month, and half or double the next. There is no security, security is a utopia, it does not exist.
It is better that you know this as soon as possible. It is normal for infoproducts (products that base their value on the information they contain) to have a higher amount of sales at the first moment and then decrease. You still earn, but not as much. That's why there are so many reprints and new releases.
The trick is to become an asset generation and/or acquisition machine. First, since you probably won't have that much capital available, you can start with those sources of passive income that don't require your money. Then you can use the profits from those businesses to buy other more solid
assets, thus reducing volatility.
You need to invest to achieve financial freedom, invest time and/or money. There is no other. This means something that can be very difficult for you if you lack self-discipline: giving up a benefit in the present (spending your time and/or money now in exchange for instant gratification) in exchange for a possible gain in the future. It's taking on uncertainty.
The terrible saying a bird in the hand is better than a hundred in the air
tells us about the aversion to investing. If you just want to have a bird all your life then fine, but if you are reading this it is because you want to go further. Accept this fact, without investing you are not going to achieve anything; and the more you invest the more you will achieve. The simile is the land: first you sow, then you reap. Many want