Pera ni Juan

Welcome back! This is a continuation of my article about creating wealth through Passive income. So without further ado let's move to the next method:

MUTUAL FUNDS:

This is what you call money from paper. You collect specific pieces of paper and then let your money grow through interest (much higher than a bank). Mutual funds are paper assets. It is like saving in a bank but the difference is you get higher yield and you can diversify your funds.
You don't have to be afraid and ask if mutual funds are for the rich. Hell no! In fact, Mutual funds are created for people who have limited funds and savings. It just that the rich took advantage of this because of their early awareness. Why should the rich enjoy all the fun... when you can be a part of it too.

You can start investing in Mutual funds for as low as Php 5,000. Every month save money from your salary and start you Mutual funds passive income. There are lot of Mutual fund companies out there that are eager to help you grow your money. Just remember to check on the background of the company first before you invest.

There are a lot of various Mutual funds options. There is balanced funds, equity funds, peso funds, dollars funds, even euro funds.
Mutual funds is a very good addition to your Passive income streams. This is another method where you let your hard earned money work for you.

STOCK MARKET:

Stocks? Is that gambling? The Stock market has gained a negative impact to the common people because of the market crash and the economy crises. But mind you, it is not only the Stock market that is affected by the crisis.... it's affects all. So the answer to the question is Stock market considered gambling..... if you're not careful you can say it's gambling. But if your well prepared, studied the strengths and weaknesses, and you got a mentor who is into Stocks then it is not gambling.

Stock market is not gambling, it is a science. There is a proven method on how you can truly earned from it. The technique here is you should not be afraid even if the market is crashing. Don't pull your investments out, in fact buy more stocks that is in financial difficulty. Be patient... one of this days your time will come where your eggs (investments) will hatch and you will reap all the rewards.

If you know the method of investing in Stock market this could be another tool of gaining more access to financial freedom.

MONEY FROM THE INTERNET:

Welcome to the future! This is where people will earn their money a few years from now. In fact, there are a lot of Filipinos that are earning from it today. They create websites or blogs and gained profits from advertisers like Google. They get paid in dollars.
Others promote their business through the internet and gained more customers and higher sales not just locally but globally. If you have a business and want to attract more customers/clients from the internet you can log to this website http://pinoybusinessbooster.blogspot.com/

If your fast in typing you can apply as a Virtual assistant and get outsource work from abroad and earn dollars. If you get 1-2 clients a month this could replace your daily job and you can finally work at home and spend more time with your family.
How about an online shop like Ebay, Amazon, or even Divisoria.com........ You can sell your old materials that you don't need and put up your own garage sale... only your customers are online and they buy your stuff from your website.

There are a lot of ways from earning from the internet and the ones that I mention are only a few. People nowadays are relying on technology.... the internet is one if them. Everybody goes online and a lot of people are taking advantage of this phenomenon. Will you let this opportunity pass by? Who knows, your idea could make you the next big time millionaire.

If you want to create a passive income from the internet where you can spend just 4 hours every week you can reach me at:

If you look at this picture it is asking you what will you do with your extra time if your passive income streams supplied all your family financial needs. There are a lot of things that will come to your mind like a long vacation where you can travel with your family on a paradise that you've been dreaming to visit once you had the time.
Or just simply hang-out with your wife, kids, friends, special someone all the time you want and let your passive income stream do the work for you.

So what is passive income? Passive income is a type of earning where it does not require direct involvement from you (owner/merchant). In other words your money does all the work which will free up your valuable time. This is a lot better from an active (earned) income where you normally work from 9-5 during the day, 5 days a week.

My advice to you, keep your job just to bring food on the table but start creating your passive income streams. It doesn't have to be huge.... start small and build more as you move along. In time your passive income will grow until you have the luxury to let go of your job, let your money work for you and spend your time to relax and have fun.

Do you want to have your own passive income? There are a lot of methods to do it. You can start with one.... one that your familiar with then move on to the next one once it is established.
Let's begin with the most familiar one.

BUSINESS:

This is always the advice of the experts, if you want to create wealth go into business. Employment is a good start just to satisfy your daily needs but is not enough. Business on the other hand will make your money grow.... maybe double to what you are earning.
The good thing about business is you don't have to leave your job giving you an extra income stream that will generate more income for you. You have income from your salary plus you get your earnings from your business.

Just remember to look after your business and be "hands-on" whenever you had the time. Hire someone that is trustworthy and reliable.
Ask around to some successful entrepreneurs and find what made their business prosperous. Research and attend seminars if you must. You can start at home and make your hobby or passion of yours into a money making machine.
This method is the most tried and proven one. If you have the an extra time during week-ends or a house-wife that has nothing to do I advice you should start with this method first.

REAL ESTATE:

Normally people will back away from this method knowing it requires an obscene amount of money to set it up. But you don't need to be an Ayala or an Henry Sy just to buy a property. Just remember the basics.... always start small. If you're an employee you can use your Pag-Ibig plan to avail an housing loan. Once Pag-Ibig has given you the funds acquire a house in the vicinity of the low-cost housing project (normally they are located in Cavite or Fairview). Don't worry about the monthly payments, get someone to rent your property and let your earnings pay the amortization.

This is where your money will work for you and your passive income comes in. You don't need to spend, work and give to much attention to it. In time your Pag-ibig loan will be fully paid and you will still get the benefits from the rental earnings plus you have an additional property (I assume you have a primary house).
Once you complete the Pag-ibig payments you can apply for another housing loan and add more earnings and properties. You can even ask small banks and lending institutions about housing loan and you can speed up your housing rental project by acquiring two properties at the same time. This is risky though and I suggest you start first with one unless you have somebody who is an expert in the real estate industry.

So there, that's all for now. Look up for my next blog "Create wealth through Passive income 2" for additional passive income streams.
In the meantime concentrate first on the two methods that I gave you and start building your passive income.

Remember Work Smarter, Not Harder!!