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passive investment ideasThis list is awesome, the idea about renting your stuff out is great, Im probably shooting my self in the foot here, but if someone were to make an app similar to airbnb but to rent out your stuff it would probably make them rich 😉 Great Post! Annuities 17. Niche Websites: If blogging sounds too time intensive, then why not make a smaller one focused on one particular topic. These types of websites are called niche sites. This very website is example of a niche site: It is focused primarily on the topic of discussing passive income ideas. A niche website may be as small as 5 pages (also called a micro-niche site) or as big as 100 pages. It all depends on how much work the creator wants to put into it. Webmasters make money from niche sites either through the advertising or by selling them at auction websites like Flippa. The really successful ones take it to the extreme and create a portfolio of niche sites. Think about it: If you had 10 sites each bringing in an average of $500 per month, that would be $5,000 of passive income. Click here to learn more about creating a collection of money-making websites. The Ultimate College Internship Guide Financial literacy for kids 2. Peer to Peer Lending A fast food restaurant in Florida($5,000, 1 year holding.) This one is a senior debt loan and the payments have been on time. The interest rate is a flat 9.5% per year. Featured Matthew Allen - September 3, 2017 7. Efficiency Expert Add a comment But the amazing thing about passive income is that no matter how much work you have to put in to start with, later down the line you will start to make money with a minimum amount of effort. If the only way you have to make money is to go to the office, you will never be able to quit! Wouldn’t investing be soo much easier if you could download their knowledge into your brain? MAKE 4-6% LENDING 💸 Bargav says Stumble1 Want to learn tons of ways to make extra money? Affiliate Marketing attracts an awful lot of dross. There are a lot of people promoting spammy offers with low-quality content, blatantly trying to make a fast buck. And usually failing. I want to thank you for the great article. I was looking online for some inspiration to re-ignite my side-hustle and breathe some new life into my existing efforts. Your ideas here are fabulous and I’ve made notes on seven of them. I already have a lot of the concepts started, but you have given me the spark I was looking for to keep moving forward. Thanks for the help! Ad feedback What I’m doing: I use this site to write out goals like 1) Generating $200,000 a year working 4 hours a day or less, 2) Trying to make winning investments, and 3) Keeping track of my passive income streams with free financial tools. My site and the community helps keep me accountable for progress. It’s important I do what I say, otherwise, what the hell is the point? You should consider starting a site or at least a private journal. Write out your specific goals, tell several close friends and stick to the plan. Adam Clarke EN Hello. Sign inAccount & ListsSign inAccount & ListsOrdersTry PrimeCart0 This type of investment only makes sense if you have hundreds of thousands to play with. And even then, there are far superior ways to invest your money. A typical digital marketing consulting business could be one that helps dentists and chiropractors get more clients through Google Pay-Per-Click. Or one that helps plumbers and carpenters get more clients through Facebook ads. Actionable Analytics Passive income, Investopedia Creating Passive Income Online Warm regards As an ebook author, you can even create an affiliate program and let your readers sell the ebook for you. You’ll be paying them a piece of the sales, but you’ll have an army to help you promote the book for you. Sell information in the form of e-books. E-books are electronic files that can be downloaded and read on the computer much like paper-bound books. If you're an expert at something, you can create an e-book and offer it for sale on your website. You can also have your own affiliate program, allowing others to offer your e-book on their websites, and earning a small commission for each sale. You can become a forex trader by learning various skills because it is a great trading platform and with a solid understanding, you can understand the function of the market and decrease the risk associated with the investment. You should complete your education with two to three months training. Create a demo account to learn the investment strategies and make money. Then, further, show others how to accomplish this on a tight budget. There are many successful traders that make a huge income on consultations alone. Elizabeth says Well, yes, but fresh, creative ideas can win. If you can come up with something unique, you can make quite a bit of money. automated income streams|For more details call automated income streams|Please don't hesitate to call automated income streams|We're waiting for your call!
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