Passive income apart from property?

Hey there ..

for what it is worth .. and I am sure many of the informed folk here have given their 2 bobs worth – and it is all worth a listen to … and the wise will have said something like 'there be lots of stuff out there – what be relevant and comfortable to you, be most important" and they'd be right.

I caught up with my bro, for the first time in 20 years just this week.  A long story .. bt my story .. so with otu the detail – I can say I had always wondered how he had fared … what he be doing … if (aside from bein alive) .. he was happy.

Now (don't ask me to explain it all .. I can't) .. he be 42 years old .. about 10 years ago he got caught up in some internet scam (at that time) .. and it didn't look that flash for his (now one could say modest) investment … the scam went belly up – BUT .. little bro being the guy he is disected the thing and decided there was a very good idea – though very poorly executed (a bit like iraq without the carnage).

At the very same time he realised he lost his dough – he also got 'restructured'. 

With his payout, he decided to 'pay' himself his normal wage (after tax) from his redundancy over 6 months – and see if he could take what he felt was right and build a business.

Its just on 10 years now .. he tapped into something not available (and I guess still not available – or not managed and structured well) in Australia .. a niche.

At 42 he works about 6 hours a week – from anywhere on his laptop.  He has a 'presence' in 6 different countries.  He and his lovely finnish wife and kids spend most of their time seeing Australia in a four wheel thing he has that has been so modified its in some mag in the next few months.

Ironically, he calls his business 'digital real estate'.  It works well for him, and I'm so happy that it does.

But it does show there are a lot of alternatives – or complimentary – options.

An individual thing – a lot of guts, belief – sometimes luck – and, in his case, absolute integrity in dealin with his clent base.

As his bro – muckin about with the property approach (which I'm happy with – and very much so) .. you'll find none prouder.

For what its worth

R