5 Simple Steps to Make $50,000 in Passive Income Per Year

Several years ago, office supplies retailer Staples aired TV commercials featuring an "easy button." These commercials included individuals faced with challenging tasks who pressed a button to make them easy to accomplish.

Unfortunately, there isn't an easy button in real life. However, some things that seem overwhelming can be simpler than you might think.

For example, generating significant amounts of passive income could seem like an unattainable goal. But it doesn't have to be. Here are five simple steps to make $50,000 in passive income per year.

Source Fool.com