Is it possible to live off of passive income alone?
If you live off of passive income alone, how did you do it? What steps did you take to get to that point in your life?
I believe it's very much possible!
I haven't done it but I am gradually working my ways towards that so I believe that in no distant time, I will be coming back here to announce to you how I did it!
The good news is that, from what I am seeing already, achieving such a realm is not even that difficult!
I believe it's possible, but getting there is a challenge. Most people who live off passive income have some sort of product on the market that can continuously be 'discovered' by new buyers. For example, some authors can live off the passive income of their books, but that's after they've had the help of an agent, publishing company and the buzz surrounding new releases and adaptations. Passive income is entirely viable, it's just incredibly difficult to get the amount of exposure necessary to make that much. Some people can do it alone, but they arguably spend more time marketing and making connections than they do creating new products.
It's certainly possible but not easy to achieve. With HubPages you will likely need several hundred or even a thousand high quality traffic generating articles. Even so, there are plenty of people on HubPages that have made thousands of dollars. Even if I could live off of the passive income I wouldn't risk it. The world wide web is a volatile and your income could disappear if Google decides to change their search algorithm one day.
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