It sounds delightful doesn't it? Make money without working. I would put that idea in the category of, "If it sounds to good to be true it probably is." But financial author Jordan Goodman says, "Not necessarily." Jordan was recently on our financial program "12 On The Money" talking about passive income investments... business ventures that continuosly generate income with minimal effort on behalf of the investor. Here are a few of his ideas. Jordan says Point of Sale machines, otherwise known as POSs, you know the little credit card swiping machines in stores, are not always owned by either the store or the credit company. In many cases a third party owns them. Here's how they work. Every time the machine is used the merchant pays you, the owner, a fee. Jordan says they typically yield about 20% a year. If you'd like to find out more he says go to Money Express at www.monexgroup.com. Jordan says another way to earn passive income is through online advertising. This works for people who have websites that see alot of traffic. Jordan says you sign up with on-line advertising firms like Google Ad Sense or the Yahoo Affiliate Program. They place advertisements on your site and anytime someone clicks on the ad, you, the website owner, are paid a fee. Jordan says you don't chose which ads can run so make sure you go through a responsible company like Lemonade, Yahoo or Google to ensure everything is on the up and up.
Often passive income investments require putting down a chunk of money up front, but Jordan says after that sit back and relax!
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