There are many people who may be earning tons of money in a single day. On the other hand, there might be some folks who may be earning passive income on a weekly basis. On the contrary, there might be many people who may be earning money on monthly basis as well. The fact remains that all of them might be generating the same amount of money. However, the time period it takes may differ. So, what time period do you prefer and why?
Do You Generate Daily, Weekly, Or Monthly Passive Income?
- Thread starter Passiveearner
- Start date
I generate passive income daily, for example, at least one of my online stores will generate sales every day, I generate revenue on my blog every day. However, I will have tom wat for weeks or even months to receive that money.
- Thread starter
- #8
I can understand that because it is pretty hard to generate passive income. Investing money could be a very hard choice, but it depends on the kind of opportunity available in the first place.
I earn passive income from real estate and that income comes in every month. That is because rents are paid every month as I don't like yearly payments. And it feels good to be paid passively every month.
I am currently involved in a number of investment programs. A few of these investment programs pay me dividends on a monthly basis. The bulk of these schemes generate passive cinema for me every year. None earns me income on a daily basis.
I have always wanted to earn passive income but I know that it is not very easy. There are people who earn passive income every day. My plan is to invest in real estate in a few years so as to generate some passive income.
It is good for you to invest in crypto staking.
I personally am not well versed with the world of crypto, let alone the concept of crypto staking. Could you please share on what exactly you do or did in this crypto staking venture?
- Thread starter
- #15
There are many people who generate passive income on monthly basis. However, the amount of profits they earn is quite low. So, they have to invest a huge sum of money in order to gain high amount of profits.
That's why it's not easy to see younger people generating revenue from passive income easily as they have to work to accumulate enough capital for that. Most retirees usually have sufficient money for that.
You stake your coin just like savings in banks but in a way that you can lock them either flexible or fixed and it would be yielding you some little percentages of it on a daily basis. But recently I would want to start making calls on crypto coins and make a profit from it.
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- #19
Majority of the people never become rich until or unless they reach older age. Becoming a rich person at a young age is something that does not happen overnight and most of the people have to work harder, no matter what.