How to Earn Passive Income by Micro Lending Online

Get online and find a micro lending website.Passive income doesn't just happen. You need to make it happen. The first step is the most important. Get online and do your research regarding micro-lending for earning passive income.Also called peer-to-peer or person-to-person lending, micro loans are loans made between individuals versus a bank loan. Typically, a micro loan is for a small amount of money and paid back over a short period of time.Search the internet using terms like: peer to peer loans, person to person loans, p2p loans, micro loans.
Register on the site.Once you've decided to use micro lending as your source of passive income you need to sign up. You will be required to provide some personal information like name, address, social security or Tax ID number and bank account information.This level of information is necessary for three main reasons.
1) Taxes. You'll have to pay taxes on your passive income.2) Transfer of funds. You'll need the bank account information to send funds for a micro-loans and also to receive your monthly income.3) Fraud prevention. This information is used to make sure people are not running scams on lenders and borrowers.
Decide what type of micro lender you want to be.There are two types:
1) Self-managed. This means that you manually pick the borrowers you want to lend funds to. This method gives you the most control of your investment.2) Auto invested. Most micro lending websites provide a feature where you set up the parameters you want lend under and your funds are automatically invested for you. This feature is great for diversification. The program spreads your investment over many borrowers reducing the risk of losing your entire investment.
Fund a micro loan.Once you've registered and decided how you want to invest, you need to actually do it.Once you take this final step, you're on your way to receiving monthly passive income directly into your bank account -- at a profit of course.
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How to Make Money in China (4 Steps)

Invest directly. As of 2010, this is the best way to make money in China. The best bets as of now are high technology, energy and the mobile sectors of the economy. Since China acceded to the World Trade Organization in 2001, the Chinese economy has been forced to become more transparent, with a lessened role for state or party actors. This means that investing is easier than it has ever been and China's boom shows no signs of stopping.
Buy the Yuan. The Chinese currency is strong and is likely to remain so. This is because the Yuan is controlled by the state, not by private bankers. As a matter of course, to combat inflation, the Chinese government has decided to keep the Yuan strong so as to deal with the possibly inflationary tendencies of rapid growth.
Buy into firms that are not Chinese, but do much business with China. Here, one can do no wrong with buying shares in Russian oil firms like LUKOil. This is because China is very oil-dependent and, as her boom continues, she will be demanding more and more oil from Russia, her main supplier. As China grows, she will require increased expert information and investment from places like Japan and Taiwan. She is also outsourcing heavily to Indonesia, Vietnam and Burma.
Invest in Taiwanese electronics such as HTC, Acer or VIA technologies. These are high industries that are involved, albeit illegally, in the Chinese economy. Taiwan officially has no trade with China, but 'unofficially' this trade is massive and Chinese companies from Taiwan are making a killing in China. It is likely that this barrier to trade will be lifted as Taiwan and China's economies continue to intertwine. Therefore, it is very likely that Taiwanese firms will be a major part of the electronics and high-technology focus of the Chinese economic boom. Since Taiwan has had transparent trading practices for many years, it is easier to invest in Taiwanese firms in order to make money from mainland China. Especially as China seeks to build her own automobiles, Taiwan's expertise in automotive electronics will become indispensable.
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