Number 1 .. Rental Income

Number 2 .. Land revaluation..buy some plot by huge bypass junction..and chill out

Number 3.. Dividend income... how many safcom shares at4.50 giving sh 0.20 dividend do u need in a year to have a div cheque of 1M?

In my opinion, capital gains from stocks investment and even rental income don't count as passive income. Just ask Mukiha how passive it is chasing after your tenant to pay rent.

Let @stocksmaster manage your cash...

there's an idea....

I totally agree with everyone who is suggesting rental income. You must have at least one flat [not apartment!] by the time you retire!

The immediate problem is, how do you raise the cash to build a flat - without over relying on loans?

Step 1: Identify a good location where you want to build the flat and buy yourself a plot there soonest - Prices will not wait for you.

Step 2: Identify areas which have not completely opened up but have great potential and get yourself huge pieces of land at bargain prices. The sale of this land in future will partially finance your construction - Capital gains.

Step 3: Invest in the NSE and other avenues. You will use the gains to finance construction in future.

Step 4: [Which is actually step 0] - Define "future". When do you want to have your first tenants. This will inform 1 - 3 above.

NB: Rental houses can be as passive as passive can be. There are some tenants who have never seen their landlord - ever! Get a reputable agent and they will manage everything for you professionally!

Approach Two: Zawadi 2929 - When it finally comes back - "bigger and better".

hahaha. Or try charity sweepstakes !

Maich black its 'A block of flats'

True, im a tenant who's never seen my landlord. We just pay in her account (I envy this) and the agent collects the slips.

If u got the capital, this is a pretty good investment.

I think you cannot go wrong with land and real estate...Donal Trumph made his fortune out of real estate. John Gandel made his fortune out of real estate.Richard LeFrak, Brad Kelly , B. Francis Saul II the list goes on and on and on...do a google search..

Lets not lose focus here, we are not trying to topple/ find our way to the billionaires list, what we are looking for is PASSIVE INCOME. Real estate still is king.

Rental income is good, but what is important is to understand that before any investment becomes 'passive' the amount of time and hardwork put into it is proportionate.

In the real estate case, you need to go out scout for quality locations, make money to buy land, spend time with contractors, spend in marketing and insurance, and eventually dealing regularly with the agent and renovating etc... This actions are what really determine that the passive income will keep coming in.

Another form of passive income which is an extension to the stocks idea is owning a large chunk of a company and sitting on it's board. (not actively managing it). This also works in the case of being a silent partner to a trusted and hardworking entrepreneur.
Also Boards of directors in large companies have annual honorariums of over a million in addition to other director's fees. If you are well connected you can be invited to sit on a board just by lobbying.