How to Build Passive Income

Traps to watch out for when creating a passive Revenue Stream

For many people, the main goal in earning passive income is to have a steady stream of money flowing into your bank account regardless of where you are. Some of the more common sources of passive income are dividends from stocks, royalties and interest from bonds.
When you’re in the process of finding sources for your passive income streams you should be aware of and look out for the safety of your income stream, the growth in the amount generated within a year and tax consequences. Continue reading