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Low Cost Business Ideas to Generate Passive Income
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[QUOTE="Mika, post: 238323, member: 29399"] I don't have a house, therefore, I can't rent out rooms. I have a motorbike, but I can't rent it out because I need it for myself. I don't have a professional camera, I do not have a designer dress, and I do not have anything that I can rent out. If you are in a situation like mine, you have no chance of making money by renting. I don't have cash, I have invested my money in shares and other businesses, therefore, I cannot use peer-to-peer lending. If you do not have spare money, ending to make profits is not applicable to you. One of the best ways to build passive income through investment is by investing in high yield saving accounts or buying high-paying dividend stocks. However, this is not possible for a lot of people due to the amount of money you are required to invest. It is not passive income but I think selling services, is the best way to make money because you do not have to spend money. For example if you are a programmer, you can help people build websites and you earn money. There is no risk in this kind of business. [/QUOTE]
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