Passive Income: What the heck is it about

Reading certain older blogs by fellow personal finance blogger's, stumbled upon the concept of "Passive Income" or "Alternate Income".

Idea of having this Passive/Alternate income looks fascinating, but in reality what does it take to do so or how easy is it??

Passive Income ideas ranged from :

• Advertising Revenue's : From blogs/web site etc. : Not so simple, market is mature, too many mee too's, and building a sizeable advertising revenue stream may take too long and too much effort, which is not every one's cup of tea. Not every one can be John Chow :)
• Arbitrage: Ranges from retailing on Ebay to Credit Card Interest Rates arbitrage: Again it either requires full time hunting for bargains offering arbitrage or very good credit history. But both these streams do not qualify for Passive income.
• Dividend/Stocks: This is feasible option, but requires upfront and continous investment: Key requirement is $$$, which we had enough, we would not be sitting here and reading or writing these blogs

All in all, creation of Passive/Alternate income sources require either full time work in managing arbitrage/updating content for advertisiment or putting money on table for making your money work.

The only feasible option looks like second one, where we put our money to work in way, that it creates source of passive income.

Next the question comes is: Do i need thousands of $$$ to start off... or can i start off with even couple of hundred say $200?

Answer is simple: You can even start with as little as $50 to create source of passive income. The difference between person starting with $50 and one with $5000 will only be time when the source starts.

So...... Don't think much... even if u have $50 to spare u can start building source of passive income right now.... Key message: START NOW...