Sunday, July 31, 2011

Don't Underestimate Small Flows of Passive Income


Monevator is a motivational blog for armchair investors.

It has a good article on Why a little passive income from a side project is worth a lot more than you think.

If your project "only" makes you $5 a day, that is $1,865 per year. But, at an
interest rate of 3%, this is like having more than $60,000 in the bank!

If you create a "set it and forget it" project, and it only trickles in a little bit of money, don't be discouraged. Just work on setting up more of them.

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