Thursday, June 16, 2011

How To Create A Passive Income

How To Create A Passive Income: "Gone are the days of thirty year careers and an anti-climatic send-off with a gold watch.  Increased labor competition, an economy shifting away from manufacturing and towards service, and a basic impatience from Generations X and Y have just about done away with the idea of retiring on a pension from a working lifetime with one employer.  Add the Enron fiasco to the mix and most people have given up on the idea of “job security.”  With all the uncertainty, creating multiple streams of passive income is a great way to hedge against the risk of unemployment."

Norton's comment: I have been researching during the past 2 years of severe underemployment how to create a passive / residual income in the face of economic collapse and cultural unraveling in the USA. Here are some results for those who want extra income and a path to retirement on the 3 to five year plan instead of the corporate 45 year plan that makes your boss rich but not you.
http://www.lifeinbalance-consulting.com

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