There may be no more pleasant-sounding phrase in the English language than “passive income.” That’s because, as the name implies, passive income suggests money being made — and bank accounts padded — without expending additional time or effort.
But not all passive income ideas are created equal. Some passive income streams are little more than entrepreneurial versions of “swinging for the fences” in the hopes something works. It’s far better to approach passive income creation strategically and come up with passive income goals that align with both your skill set and your expected return on investment.
With that in mind, here are five passive income ideas from Fortunebuilders.com that you can implement in 2017 (and beyond) to generate additional passive income — without getting an MBA or swinging for a single “fence.”
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