Sunday, December 6, 2009

Beautiful Quotes Pertaining to " Nature "

We cannot command Nature except by obeying her.
By – Francis Bacon

Study Nature, Love Nature, Stay close to Nature. It will never fail you.
By – Frank Lloyd Wright

Everything in Nature is lyrical in its ideal essence, tragic in its fate, and comic in its existence.
By – George Santayana

Nature teaches more than she preaches. There are no sermons in stones. It is easer to get a spark out of a stone than a moral.
By – John Burroughs

There is a way that Nature speaks, tht land speaks. Most of the time, we are simply not patient enough, to pay attention the story.
By- Linda Hogan

To forget how to dig the earth and to tend the soil is to forget ourselves
By – Mahatma Gandhi

I am so absorbed in the wonder of Earth and the life upon it that I cannot think of heavens and angels.
By – Pearl S Buck

Trees are the Earth’s endless efforts to speak to the listening Heaven
By – Rabindranath Tagore.


More to Follow :-

Monday, December 22, 2008

How to create a Passive Income


Imagine having a life where we have to work only once and the money keeps coming in again and again, weeks after weeks, months after months. This, in a nutshell, is what the concept of Passive income is all about.

It is the best income in the world because it comes in automatically, without any major involvement on our part. (Although we have to do the initial hard work for generating it).

Here we discuss some of the ways of generating Passive income.

1) Real Estate

When one has a piece of Income producing Real Estate (One which you own and have given out on rent), then it can be considered a superb source of income. This is because the tenant would be working to run his business and he would be paying the landlord a fixed rent on a monthly basis just for using the property.

Initial Work Required: - Investment in property and further modifications, if required, based upon which it can be leased out to prospective tenants.

2) Fixed Deposits in Banks



Just imagine having a million USD in a fixed deposit in your bank, from where you earn a minimum of 10 % per annum. That makes it USD 1, 00,000 per year or close to USD 8000/- per month, And the best part is that you are not even working to earn that USD 8000/- You are free to do other things while the money comes in.

(Though in the above point, we have taken a million dollars just as an example, but it applies to small sums of money as well).

Initial Work Required: - One needs to work and generate sizable savings in his bank prior to investing in a bank deposit.

3) Network Marketing

This is based upon the fact that, more the number of business associates one has, more is the business volume generated and more is the possibility of generating royalty income / passive income.

Once a person is able to build a strong foundation for his business (which means educating enough people about the benefits of the products, business model and making them associates in his business network, then he can be rest assured that the business can run ahead indefinitely and he can expect bigger cheques every month in his mail.

4) Patents, Books, Songs and other similar Royalty income generating assets.

Under this category, the singers, writers and inventors own the rights to their respective assets and whoever wishes to use their work would be giving a royalty income to the creator of the asset. So, here the owner does the hard work only once and gets paid repeatedly.


More to Follow……………….

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