If you have money to make an investment, you can build passive income through investment. You can either invest in your local stock market or use investment and trading platforms. Your investment will bring you a return on profits in the forum of dividends. Well, investment might not always bring you profit but if you invested on multiple assets, and minimized the risk, you will surely earn passive income.
Building Passive Income Through Investment
- Thread starter nomad
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The easiest way is to build passive income through investment, we only need money to buy investment instruments, be it property, land, gold, stocks, mutual funds, crypto etc. but the main problem is that we will need adequate money so we have to save up first.
The more invest the more money you will gain, this phrase is easy to say but difficult to implement, because we also have other needs every day. not only focus on investment, except for the rich.
I really understand what you said but that is why I mentioned it earlier that you should invest with a money that you do not need anytime soon so that you will not withdraw it when you have not compounded enough
This means that we have to collect money first before investing, but it will take a long time for the money to be collected to be able to buy investment instruments.
In my opinion, it is an excellent idea to build passive income through investment. There are several types of investments to choose from. My favourite type of investment is investing in real estate provided that you have the capital for that.
Investing in real estate requires big capital, and right now I don't have much money to buy real estate as an investment, maybe it will be easier capitally or financially if we only buy real estate shares.
The real estate investment is capital intensive but it is very lucrative adventure if one could raise capital for it.
I agree with you, real estate really needs big capital, so we need to save first, even though currently many residential properties are offered through the purchase of mortgage loans, but the price is twice as much as we buy in cash.
It requires huge level of capital and the good thing is that it comes with less risk.
Investing in real estate will have very little risk unless there is a natural disaster, the value of real estate assets will always increase every year, besides that we will also receive rent money,
I agree with you that investing in real estate requires big capital, so not all people can build passive income through this type of investment.
In this respect, it is a wonderful idea to buy real estate shares. I have not thought about that. Thank you for letting us know.
When thinking of how to make passive income from, rental of property is the first way that comes to my mind and I like it because you don't need to do too much
In my experience, renting residential properties also requires attention, especially when there are prospective tenants, of course we have to do minor repairs and paint walls, clean the yard, etc., so that they will be more comfortable living.
Yes rental of property also need some little attention but it is still not really something big. You can appoint people to the caring of the house and you make your money
There were many wise people who already predicted that inflation would increase and buying a property for yourself would become incredibly hard in our country. This is why they invested in properties and now they are at a safe side.
