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3 Lowest Earning “Passive Income” You Are Wasting Too Much Time And Money On
by Ace Pro Academy
Passive Income is a ‘sexy’ term.
It is a form of income that doesn’t require much active involvement to maintain it. Compared to Active Income, such as working in a job, if you get paid when you work. But if you stop working, you don’t get paid.
Because passive income is so attractive, many people pursue it. There are many types of passive income, some are practical and useful, but some are a complete waste of time and money going after them.
Here are the 3 lowest earning ones you should avoid:
1) High Yield Bonds
Heard of Lehmann Brothers? Heard of Swiber? You may not hear of, but if you have bought into their bonds and lost money… then you surely remember them, or at least the banks that sold those high yields and risky bonds to you!
These bonds promise a high return like 6% per year, without you doing anything. Meaning if you put $10,000 into the bonds, you get $600 a year in passive income. That’s simple right?
Yes, easy money right?
Provided the companies pay you the 6% on time, and don’t go bankrupt! (like Lehmann Brothers!)
The reason why these bonds can pay so high return of 6%, is because they are risky! And simply by risking your hard-earned $10,000 to earn just $600 in 1 year… is not a wise return, isn’t it?
Next time if you walk into a bank just to withdraw money, but the bank manager (or salesperson) come and talk to you about putting your savings into 6% bonds… think twice again, and run!
>>Here’s A Better Way Without Huge Investment Risk<<2) MLM or Multi-Level Marketing
MLM gives you a dream of passive income, which is also why so many people are interested in it.
But most of the times, it becomes a nightmare for many.
Your friend or upline will tell you…
You only need to sell to 3 friends. Then your 3 friends will sell to another 3 friends. Then that 3 friends will bring another 3 friends. As you continue, you will have 120 people paying and recruiting more people for you, under you.
And very soon, you will be a Diamond Leader, with hundreds of people under you, and you just have to relax and get paid thousands of dollars of passive income!
So good right?! But why is it a nightmare for many people?
First, to get more passive income, you are told to start with BIG MLM Packages. The more startup package you get into, the higher tier bonus you get. This can be from few thousands to tens of thousands.
Then, you need to sell to friends and family. Finding 3 people seems easy, but you may lose 100 friends along the way to find that 3 people. Your schoolmates, colleagues, or family members will start to avoid you also.
And so what if you’re a power salesman? The friends you bring in, are not super salesperson like you too! They may bring 1 or 2 friends, or not even anyone. The reality is, no one likes selling.And when your downlines (those you recruit) are not making money, they quit. And you have to find new people to recruit again.
If you stop recruiting, or when no people join or buy from you, you stop earning passive income.
>>Hate Selling Or Recruiting Friends To MLM? Do This Instead!<<3) Rental Income From Singapore Condos How about property investing?
Can earn passive income by renting out your house right?
Yes! But you have to ask yourself, how much passive income can you earn from it?
Most Singaporeans likes to buy a private condo for investment, thinking of renting it out, and earn rental income every month.
Good idea, until we do some math.
A private condominium costs about $700,000 to $900,000 on average. With a bank loan, the monthly mortgage is about $2500 to $3000, at a home interest rate of 2%. To make a profit, you have to rent your condo for more than $3000 a month.
Let’s say you rent for $4000. Minus the monthly mortgage ($3000), condo maintenance fee ($300), you are left with $700 net passive income per month. You just earn extra $8400 a year.
If you do the maths, that is less than 1% annual return of your capital of $900,000.
Not only that, you still have headaches like agent fees, handling difficult tenants, renovation, or handling complaints late into the night.
>>Want To Earn Without Using Huge Capital? Do This! <<Is It Still Possible To Do…WithoutHuge Investment Risk, WithoutSelling Or Recruiting Friends, And Without Huge Capital?
Yes. It is possible.
For a much better, and lower-risk way, this method is for Singaporeans who don’t want to risk their hard-earned money, don’t want to sell or recruit friends into MLM, and don’t have huge capital to buy property…. and still possible to generate figures like this.
Just like you, we are ordinary Singaporeans who want to make more in order to cope with rising costs of living, and more importantly, to have a better life in Singapore.
And we are able to achieve this by partnering with Amazon, the world’s largest marketplace.
With Amazon E-Publishing,
– You don’t need to create any websites
– You don’t need to manage physical products
– You don’t need to find customers yourself
– You don’t need to do customer support
– You don’t even need to publish your own book
And what’s even better?
You can start up with a low capital of few hundred dollars, and once it starts selling, you canmake few hundreds to few thousand dollars of ebooks monthly. No rental to pay, no employees required.
Do you want to learn how?
Here’s the good news.
Ace Profits Academy has invited the Creator of this unique Amazon Method, Dominic Tay, to show how ordinary Singaporeans are able to create this “side/recurring income” for themselves, even if they have no experience or huge capital.
Seats are limited, as each class is only limited to 30 people.
Click the button below to register for your Free ticket now.
Register For FREE Ticket Now!
©2018 Ace Pro Academy
3 Lowest Earning “Passive Income” You Are Wasting Too Much Time And Money On
by Ace Pro Academy
Passive Income is a ‘sexy’ term.
It is a form of income that doesn’t require much active involvement to maintain it. Compared to Active Income, such as working in a job, if you get paid when you work. But if you stop working, you don’t get paid.
Because passive income is so attractive, many people pursue it. There are many types of passive income, some are practical and useful, but some are a complete waste of time and money going after them.
Here are the 3 lowest earning ones you should avoid:
1) High Yield Bonds
Heard of Lehmann Brothers? Heard of Swiber? You may not hear of, but if you have bought into their bonds and lost money… then you surely remember them, or at least the banks that sold those high yields and risky bonds to you!
These bonds promise a high return like 6% per year, without you doing anything. Meaning if you put $10,000 into the bonds, you get $600 a year in passive income. That’s simple right?
Yes, easy money right?
Provided the companies pay you the 6% on time, and don’t go bankrupt! (like Lehmann Brothers!)
The reason why these bonds can pay so high return of 6%, is because they are risky! And simply by risking your hard-earned $10,000 to earn just $600 in 1 year… is not a wise return, isn’t it?
Next time if you walk into a bank just to withdraw money, but the bank manager (or salesperson) come and talk to you about putting your savings into 6% bonds… think twice again, and run!
>>Here’s A Better Way Without Huge Investment Risk<<2) MLM or Multi-Level Marketing
MLM gives you a dream of passive income, which is also why so many people are interested in it.
But most of the times, it becomes a nightmare for many.
Your friend or upline will tell you…
You only need to sell to 3 friends. Then your 3 friends will sell to another 3 friends. Then that 3 friends will bring another 3 friends. As you continue, you will have 120 people paying and recruiting more people for you, under you.
And very soon, you will be a Diamond Leader, with hundreds of people under you, and you just have to relax and get paid thousands of dollars of passive income!
So good right?! But why is it a nightmare for many people?
First, to get more passive income, you are told to start with BIG MLM Packages. The more startup package you get into, the higher tier bonus you get. This can be from few thousands to tens of thousands.
Then, you need to sell to friends and family. Finding 3 people seems easy, but you may lose 100 friends along the way to find that 3 people. Your schoolmates, colleagues, or family members will start to avoid you also.
And so what if you’re a power salesman? The friends you bring in, are not super salesperson like you too! They may bring 1 or 2 friends, or not even anyone. The reality is, no one likes selling.And when your downlines (those you recruit) are not making money, they quit. And you have to find new people to recruit again.
If you stop recruiting, or when no people join or buy from you, you stop earning passive income.
>>Hate Selling Or Recruiting Friends To MLM? Do This Instead!<<3) Rental Income From Singapore Condos How about property investing?
Can earn passive income by renting out your house right?
Yes! But you have to ask yourself, how much passive income can you earn from it?
Most Singaporeans likes to buy a private condo for investment, thinking of renting it out, and earn rental income every month.
Good idea, until we do some math.
A private condominium costs about $700,000 to $900,000 on average. With a bank loan, the monthly mortgage is about $2500 to $3000, at a home interest rate of 2%. To make a profit, you have to rent your condo for more than $3000 a month.
Let’s say you rent for $4000. Minus the monthly mortgage ($3000), condo maintenance fee ($300), you are left with $700 net passive income per month. You just earn extra $8400 a year.
If you do the maths, that is less than 1% annual return of your capital of $900,000.
Not only that, you still have headaches like agent fees, handling difficult tenants, renovation, or handling complaints late into the night.
>>Want To Earn Without Using Huge Capital? Do This! <<Is It Still Possible To Do…WithoutHuge Investment Risk, WithoutSelling Or Recruiting Friends, And Without Huge Capital?
Yes. It is possible.
For a much better, and lower-risk way, this method is for Singaporeans who don’t want to risk their hard-earned money, don’t want to sell or recruit friends into MLM, and don’t have huge capital to buy property…. and still possible to generate figures like this.
Just like you, we are ordinary Singaporeans who want to make more in order to cope with rising costs of living, and more importantly, to have a better life in Singapore.
And we are able to achieve this by partnering with Amazon, the world’s largest marketplace.
With Amazon E-Publishing,
– You don’t need to create any websites
– You don’t need to manage physical products
– You don’t need to find customers yourself
– You don’t need to do customer support
– You don’t even need to publish your own book
And what’s even better?
You can start up with a low capital of few hundred dollars, and once it starts selling, you canmake few hundreds to few thousand dollars of ebooks monthly. No rental to pay, no employees required.
Do you want to learn how?
Here’s the good news.
Ace Profits Academy has invited the Creator of this unique Amazon Method, Dominic Tay, to show how ordinary Singaporeans are able to create this “side/recurring income” for themselves, even if they have no experience or huge capital.
Seats are limited, as each class is only limited to 30 people.
Click the button below to register for your Free ticket now.
Register For FREE Ticket Now!
©2018 Ace Pro Academy