Comments on: 5 Secrets About Passive Income

By: Write on the Edge » Blog Archive » Write on the Edge Blog Carnival - 9/2008

Mon, 01 Sep 2008 14:10:32 +0000

[...] Bram presents 5 Secrets About Passive Income posted at [...]

By: Incurable Disease of Writing | Just Write Blog Carnival August 22, 2008 Edition

Fri, 22 Aug 2008 15:26:16 +0000

[...] Bram presents 5 Secrets About Passive Income posted at [...]

By: Working at Home on the Internet

Working at Home on the Internet — Fri, 22 Aug 2008 11:11:01 +0000

[...] Bram presents 5 Secrets About Passive Income posted at [...]

By: Andy

Andy — Tue, 12 Aug 2008 17:31:25 +0000

This is such a great article! I agree 100% and that is why I recently set myself a passive income goal, and will continue to do so. You can read the details on that goal and its geneis here : http://www.savingtoinvest.com/2008/05/new-goal-300-monthly-passive-income-by.html . Basically the goal is to have $300 of monthly passive income by the end of this year. The following are the ways to do it:

Interest income from online high yield saving accounts (HSBC, ING, and Vanguard Money Market funds) – Current: $120 p/month. Year end target: $170 p/month.

Dividend Income from funds and stocks in my portfolio – Current: $40 p/month. Year end target: $80 p/month.

Blogging income (unlike the other income streams, this does take some work. Though I enjoy doing it!) – Current: $5 p/month. Year end target: $50 p/month.

I am ahead on some of them and will be doing an update soon.

Great to discover your blog as well! On my reader now.