I don't have a significant source of passive income, this is a problem.

Passive income can be from 1) dividends, 2) business, 3)renting out 2nd property.

The reason I don't own a lot of stock is that I'm pessimistic about the US economy, euro crisis, etc. Right now I prefer a short term trading style. If I buy stocks to hold, I will get dividends, but there is a risk of capital losses if stock values drop. I did buy some stocks in June, some dropped and some rose, net result is breakeven, nothing fantastic.

Am thinking about setting up a business in my spare time.

I don't have enough money to buy a 2nd property to rent out, anyway its a property bubble now.

Can't jump company for higher salary as my skills are too specialised.

Overall, feel quite stuck