As I have made clear previously I am pretty much against network marketing schemes. But passive income can be also totally legal and wont create conflicts with your friends. A very nice blog - www.jarkkolaine.com - has now third post about alternative incomes which can be regarded as passive.

The ways he lists are pretty much web related. Monetizing blog, selling merchandise, independent software development and photo stocks. But there are bunch of traditional sources for passive income. Unfortunately they need some capital to get them started. Investing in stocks, property or funds can be exciting and depending on how much risk you are ready to bear you can receive nice gains while traditional high interest bank deposit provide steady stream of extra.

This actually leads to my own experiments with foreign currency exchange. As traditional stock markets was a little bit boring to follow I decided to take a look at forex. I have been following EUR/HUF since 2005 and I have been interested in finance markets for some time. But forex is not that common in Finland. I got this conclusion when I searched Kauppalehti's (Finnish business news) discussion forum. I also got the conclusion that I should practice with a game account beforehand.

I searched a little bit to find suitable trading provider and I chose OANDA FXTrade. They have a Java based client which I have been using two days now. Success is still to come, so far I have managed to lose 10% of my initial deposit. Luckily it is just play money...