20 Amazing Passive Income Ideas for Financial Independence

Many people seek out and misunderstand what exactly is passive income. However, dreams of sitting on the beach while watching dollars roll into your bank account are far fetched.

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Creating a stream of passive income takes time and money upfront, as well as ongoing care and attention.

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Having an abundance of passive income ideas and dreams is great, but you must remember that not all of them are good ones.

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Passive Income Ideas

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1) Invest in Dividend Paying Common Equities

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2) Invest in a High-Yield Savings Account

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3) Invest in the Housing Market

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