Peer-2-Peer Online Lending

[97guns]

http://www.goodfinancialcents.com/passive-income-ideas

This article ranks lending club as the #1 way to create passive income

[dczech09]

This article ranks lending club as the #1 way to create passive income

How is P2P lending a way to create passive income? Admittedly, I dislike the term "passive income" because I find it synonymous with "get rich quick" schemes.

You have to do a lot of work to invest in P2P lending. You need to find the right loans, qualify them, invest, watch the investment, etc. And this is not me being judgmental of P2P lending; I do not consider other (traditional) investments as sources of "passive income."

I just do not believe in the whole "passive income" fad. You gotta work at least a little bit to build a stream of income.