As we all know, the mortgage business has been a tough one for the past year so I was looking to do something to supplement the decline in income that I received last year.

I am currently working in law enforcement, but i would like to make pasive income to supplement my salary, also when is retire in about 7 years i dont plan on working for anyone but myself :cool:

You can also try the freelance web pages, they always have people looking for odd jobs to supplement their income.

I love, love, LOVE article marketing.On the site I just sold, I had one article going to it that was responsible for 18,000 click-throughs alone (on a very competitive keyword), not to mention tons of other supplemental keywords.Articles are an INCREDIBLE way to get traffic, be perceived as an expert, build up backlinks, get more exposure, and a zillion other phenomenal things.Great post :)

I want to create a little extra cash flow to supplement my military salary.

The same is true for city and county property taxes supplemental taxes and any special tax assessments.

If you are satisfied earning 8% compomuded over the next 30 years(hopefully you have that much time to leave your money alone) then invest in equities and hopefully when it comes time that you need to pull some of your gains to supplement your income you dont hit a 2008 becuase then your 8% turns into about 5-6%(great advice). stick with what I'm saying and you will be fine Fertile. invest in yourself, educate yourself in what you are interested in. and hopefully what your interested in, you can control such as real estate, your own business,selling shares of your own company or your own offering, etc. you are an outsider looking in if you throw your 500 bucks into a fortune 500 company and by no means do you have any control whatsoever.

As for investing, I'm looking to try to get some passive/supplemental income, hopefully to replace or reduce the money I need to make as lawyer, which is as you know a tremendous amount of work.  

They talked about the following method for those who don't want to be super active in real estate:Buy one house a year, ensure rent covers all expenses at a minimum Have each house on a 15 or 20 year noteOnce you hit year 16 or 21 (whatever you amortize the loan for), start doing cash out refinancesThis method only requires one house (more would work too) a year, and would greatly supplement or even provide a retirement.  

If you are supplementing properties with money from your w2 job and that goes away you will feel some serious pain.