Get a sales job where you're selling reccurring memberships. Many ways to do that. That's actually one of the most effective affiliate marketing methods.
Say you do affiliate marketing which requires a way to 1. Setup link tracking 2. Create funnels and 3. Automation tools.
All 3 of those are paid services that you will need to do your job and comes with monthly/yearly memberships. Just cost of doing business.
If you buy these tools,, market to an email list of people who want to do affiliate marketing like yourself you can give them the information they need to get started and provide affiliate links to the tools that they're going to need to get anyways.
They sign up under you for these tools and you get recurring revenue everytime they continue the service. Get enough people and you'll get some sizeable checks month to month.
Throw that money into paid advertisement to get way more viewers, way more leads, way more sign-ups, bigger checks. Then thrown a good chunk of that into more marketing, a good chunk into index funds like a VTSAX Fund and live off the rest.
Fully functioning business that is passive (ish) and building up your retirement (Index Fund) which is actually 100% passive income.
Leveraged income is a better way of talking about passive income. Because you're still putting in work, but you're getting your money to work for you so you get a lot more money for a lot less time
Like index funds are 100% passive income (for you). But to get enough income to live off of the index find you're going to have to work for that money. So you have to pay for passive income in some way no matter what you do
There are hundreds of passive income steams - from article writing, to dog walking to crypto. The problem is that no one of them actually replaces hard and fast investment, gigs or jobs.
Now this does not mean it's a waste of time, and all those books about the subject are scams. But that it's not a steady income and more something akin to adult pocket money.
It's not some secret rich guys thing as no one makes big income from passive streams. But is a game of sorts where you can make money, doing little.
Renting out property, car or a vending machine business
Renting out property is a good form of passive income
Opinion
13Opinion
If you don't have a lot of capital you're very limited just stick with A diversified basket of dividend paying stocks and etfs.
This is just an example
Qyld Is an ETF that pays about 13% In dividend paid out monthly. One share is $21.81. So if you buy just one set of this you will make about 23 cents a month in passive income. And the stock may go up a little bit or say flat they have a very high dividend for this one so pretty much stays flat but there's many many like there's many many many like this all different payments all different amounts due research is not difficult
Buy crypto currency
and STAKE IT
I locked up. CRO coin in a
12 month stake.
and am making 10%. Return Anually
you stake 8000$ Worth
. Thats 800$ a year. Your makeing, and it could even go up if the coin value goes up,
you won't see that kind of return from any bank
First disclaimer: I cannot give you a proper financial advice because I don't know what your skills are and how good are you with money. That being said, invest your time into researching how to trade with stocks and crypto and you be able to have a very comfortable life.
Stable coins on crypto lending platforms such as Celsius. network and Blockfi. com. My dollars yield 9%-10% and are paid out weekly.
I own a real estate portfolio too. Areas in the south and Midwest typically have linear markets can get you a cash on cash return around 12%-15%. In real estate, that income is sheltered, but there’s more work associated.
the only "real" passive income that exists is long term investments. those that grow exponentially over time. and with those it doesn't even really matter which one you choose. they are all somewhat equal. every other so called "passive income" is not really passive. i mean think about crypto for example. people say they generate loads of passive income but the reality ist that they spend hours every day watching the curves and switching coins back and forth to even make a minor profit.
research companies that pay decent dividends and have a long history of increasing them over time or being a relatively stable company and buy stock in them. your payouts will increase over time and there's not the risk as in other markets such as crypto and real estate of bubbles and crashes.
*Any form of rental income
*Dividends
*Any tangible asset with capital growth value
*Royalties
Make something, patten it, and find a company that wants to buy it from you. Make sure to ask for royalties when selling
Dividend stocks are where most of my money goes. If things go well buying a rental property this year.
Personally i invest in: SaaS businesses, tech stocks, real estate. I only want stuff that pays me as i sleep basically.
only fans. chaturbate. porn hub
Sell stuff u dont need save it or invest
REITS
