How to make a passive income?
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- Trung Le Quang1316570183
Hi Tuan Bui. Hien Duy has given us a general answer. And your example is a good illustration. Network marketing is one of ways which help us to get the passive income.
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Well, as my own ideas, you shouldn't do multi-level biz sich as Herbal life etc....
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Hi Hoa Dang Ngoc: thanks for your idea.
I agree with you that We have always to be hard working. But please to get the passive income by a smart working not to hardy.-
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Hi. Trung Le Quang.
You mean "Work less but earn more by smart way"?
I am a newbie in this definition so Could you give me for futher explanation?-
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Hi Trung., Yes Smart but without hard and serious on what you do, it's will never reach to a good result.
My dreaming about generating passive income even when I was sleeping and without doing any further work.
Not only hard, you need persistence also :).
Have you ever try any kind of project to generate passive income? let's share here so we can discuss further detail. Or PM me, we are going to discuss privately.-
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There're some kind of passive incomes (in Vietnam) as I know by far:
- Saving in the bank (this is normal)
- Buy share on stock market and wait for dividend
- Buy ASSETS and lease them to make money (a house, a car, vending machine...)
- Establish a firm, hire good people, develop it and sell it in stock market (you're still a big shareholder but don't work for it)
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@all, working smartly is part of your work, it is not passive it is just more active work with your brain.
AS YOU UNDERSTAND NOW THERE IS NO PASSIVE INCOME, IT IS JUST YOU CHANGE STATUS AND JOB.
You become an I=Investor
@Truong, this is just what you mention about bank deposit, bonds and securities. You have become an investor, but you are not passive of course (if you want to make your returns). Make sure the bank is not going Lehman brothers, the Euro bond is not for Greece, the stock you buy is not Bach Tuyet or the company you invest in is well managed by a good CEO@Ngoc, You closed the "how to become a business owner" too soon before I could post an answer to you. You received a lot of Think passion, organization...
I can explain to you what to do.
send me a resume by email-
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