How to Make Monthly Passive Income Lending $ to the Gov't | $15,000/year — NOT from Dividend Stocks

Published on November 14, 2020

Interesting full videos top searched business blogging, how to write for money, people make, affiliate programs, and Passive Income Sources, How to Make Monthly Passive Income Lending $ to the Gov't | $15,000/year — NOT from Dividend Stocks.

Hey guys! My name is Greg Patrick, and I’m one of the co-founders of Dividends and Income. If you’re new here, we are all about sharing some of our best ideas for generating passive income.

If you’re NOT new here, and you’ve been following us for a while, you’re probably wondering what happened to Jason and what I’m doing here. Well, lucky for all of us, Jason hasn’t gone anywhere! He’s going to continue to do what he’s been doing, which is just kick butt talking about ideas and sharing strategies in the dividend growth investing space and the early retirement space.

What I’M hoping to do is to handle more of the “income” part of Dividends and Income. So Jason is almost entirely focused on dividend growth investing and I’m going to take on some of the other areas in generating passive income that have specifically worked for me. I am invested in dividend growth stocks, but not ONLY dividend growth stocks. I’m also invested in a few other vehicles or instruments — that help me generate $80,000 – $100,000 a year in passive income.

That may or may not sound like a big number to you. I don’t know what your personal situation is, but for me, that amount is exciting and it has been life-changing because my passive income now exceeds the salary I had when I was working full time. So MORE income now with a lot less work. I don’t want to say “no” work whatsoever, but it’s almost entirely passive.

And what that’s done and why I say it’s been life-changing is because it has freed me up to spend WAY more time doing things that bring me joy and perhaps purpose, and less time doing things that I don’t really want to be doing.

So this is just a glimpse into how building passive income stream has helped me personally… and the only reason why I’m sharing all of this with you is because I think that if I’m completely transparent with you — if I share specifically what investments I have made or am making and are working for me, not only can I inspire you or encourage you — whether you’re just starting off on your journey to build passive income streams or whether you’re on it already, but also because I may be able to share — or at least I hope — something that I’ve learned along the way and something that I’m doing — that I can share with you that maybe introduces you to an income opportunity that you haven’t considered before or that you didn’t even know existed.

And one of those opportunities is what we’re talking about today which is how to lend money to the government and generate high-yield passive income each month.

This is absolutely one of my favorite ways to generate passive income… and after today’s video, maybe it will become one of YOUR favorite ways to generate passive income, too!

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RESOURCES:
I use CEFconnect.com to check discount-to-NAV and taxable equivalent yields:
https://www.cefconnect.com:

Passive Income Sources

Passive Income Sources, How to Make Monthly Passive Income Lending $ to the Gov't | $15,000/year — NOT from Dividend Stocks.

5 Quick Legitimate Methods To Make Money Online

As quickly as your first job is selling, begin your 2nd job. It will take longer but you will most likely discover a lot more and may even wind up making more cash. Individuals were always informed to take the safe path.

How to Make Monthly Passive Income Lending $ to the Gov't | $15,000/year — NOT from Dividend Stocks, Search top videos related to Passive Income Sources.

How Real Estate Agents Can Make A Six Figure Earnings Using The Internet

And trying out new methods and handling your cash – when you have some to manage – is ENJOYABLE. Nowadays, passive income streams can bring simply as much cash to the table as regular ones.

The concept of getting abundant quickly has unpleasant undertones, however to get abundant quickly is no crime supplying you produced that wealth within the law. Wealth creation has lots of elements and can often be complicated however it doesn’t have to be. To get abundant quickly, you only need something. Leverage.

The easiest system to create recurring passive income sources income through the Web is by constructing your own membership website. Each month, your consumers pay cash to stay as a member with your website. If you utilize payment processors such as Clickbank or PayPal, the payments are subtracted automatically monthly so you never ever have to lift a finger!

Sounds easy right? Yes, it is. Through passive income streams, people have gained a lot. All they need to do is to create a site, increase their traffic with the use of SEO, and get more visitors everyday.

Now let’s say that you have 100 employees, group members, reps, etc and everyone only works 5 hours per day and only 5 days each week executing passive income ideas that pay you over and over again for their efforts. That would total 2500 hours each week. Mouth Watering Huh!

I used to say: ideas + words + paper = $$$, but with the arrival of eBooks, the paper element has actually been gotten rid of. Understand that each and every person goes through life with their own special perspectives and ideas. No two people ever see things precisely the exact same way. This is what makes your own knowledge and experience an important product since despite the fact that every subject imaginable has actually already been discussed by many authors, none see the situation as you do and your special twist to that exact same issue makes it important to others.

One way to do that is with vending makers. Buy some vending makers, fill them with stock, protect an area for them, and let the cash roll in. Yes there are some steps included there, along with some in advance financial investment, but there are people out there who make an excellent living with this. There is likewise upkeep included as you either have to equip the makers and collect the cash yourself or pay another person to do it. However it’s a concept; a system that can be scaled out to create alternate income.

Do income from numerous various sources sound like something for you? Then it is time for you to do something about it. Be innovative and begin creating more income sources on your own today.

Anybody can begin a blog free of charge and after that monetize it with advertisements. So even if you have no job there is no real financial pressure on you. Sign up with some affiliate program like ClickBank.

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