Many of you already heard the word Passive Income. Well, if you do and haven’t really know what does it mean, passive income is an income received on a regular basis, with little effort required to maintain it.
Sounds interesting, right? You are earning while doing it close to nothing. How about that? Now, your next question could be... How can I get that passive income?
“You need to earn more, so can grow more. Especially in your character. Think about it. How a person manages his money (no matter whether big or small) will reveal whether he’s gracious or greedy, honest or dishonest, loyal or disloyal.
Money doesn’t bring anything new to the table. Money, by itself, doesn’t make you gracious or greedy, honest or dishonest, loyal or disloyal. Nor does it make you happy or unhappy. Money reveals your character—or the lack thereof”
The challenge is to earn more, but not for the money. It’s about the person that you become because of the journey in earning the money.
Now, let’s go back on how to earn passive income. I know 5 different ways (two of which I am currently implementing)
1. Earnings from Affiliate Marketing or Internet Advertisements
2. Income from Stock Market Investing
3. Real Estate Property Rentals
4. Earnings from business Profit (I am referring to a business that doesn’t required direct or too much involvement)
5. Royalty income from books, music arrangement or from any intellectual property
Because of the Truly Rich Club, I am now earning passive income from Affiliate Marketing and Stock market investing. My target is to earn more from multiple streams of income. Yes you can do this without leaving your current job.
Notice the images below. These are the proof of earnings from my affiliate marketing. From year 2009 up to present. This is really optional but if you also want to earn by promoting this group, then you may start doing it now. Join the Private Mentoring Group.
I also started investing in the Stock Market with the guidance of Bo Sanchez and The Truly Rich Club, using Strategic Averaging Method (SAM)
I thought investing in the Stock market is only for Super Rich and Highly-Educated People
To give you a glimpse on the 2012 Top 10 Winners of TrulyRichClub’s Stocks and the Top 10 Overall Past Winners of TrulyRichClub’s Stocks . Check the table below and look for the estimated return. Take note that some of the recommended stocks last 2012 here are already not on the current recommended list of company under Truly Rich Club Strategic Averaging Method (SAM). You can only see the actual and current recommended list once you become a member.
(Disclaimer: Past performance doesn’t guarantee that you’ll have the exact same results in the future. After all, your earnings all depend on the market’s performance.)
There you go. I hope you learn from this Truly Rich Club Review. I also recommend you to join The Truly Rich Club.
I want to leave you this lesson. The challenge really is to earn more, but not for the money. Don't run after the money, let the money run after you. Again, it’s about the person that you become because of the journey in earning the money.
I appreciate if you can leave a decent comment below. or You can ask me a question about Bo Sanchez' private mentoring group, The Truly Rich Club.