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3 Simple Ways to Make Over $50,000 in Passive Income


There are lots of ways to generate income. Obviously, you can work for an employer. You could run your own business. You can freelance. But all of these require an active, ongoing effort on your part.

On the other hand, passive income doesn't require you to work. It puts your money to work for you. Granted, you'll probably have to put in your dues to build a large enough amount to generate significant passive income. 

Some methods of producing this kind of income can be relatively complicated. But not all of them. Here are three simple ways to make over $50,000 in annual passive income.

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Source Fool.com

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