passive income
- Thread starter Tracee1
- Start date
Check out my signature and see if that fits your agnda.
One of the best ways to make money passively is through blogging and vlogging and you are definitely going to make money from these avenues.
The thing that deters me from this is the time it takes to get to a point of earning passive income. It's a lot of work mostly. But wonce you get the following you are going to earn a lof from them
Passive income is a dream for me. I hope that I will succeed in making passive income one day. You can make passive income through investments mainly. Investments in crypto, stocks or real estate can help you earn money passively.
The point raised is very important because blog could be used to generate passive income which is what people are utilising these days . Blogging is a passive income ideas that he will always want to rove into to make money effortlessly.
You are very correct with your statement because there are different ways at which you can explore passive income ideas, but it is highly needed to have enough experience on this platforms .
It is difficult to suggest any passive income ideas without knowing your skills and interest. If you write well, publishing ebooks can be really good. If you are good with video production, youtube can be really good passive income source.
It all really depends on what you enjoy doing and what skills you may have that you can use to earn a passive income. Things like starting a blog or even vlogging and putting your vlogs on YouTube could eventually help you earn a passive income as long as you are consistent with creating new content and also doing things to promote and market your website or YouTube channel.
Real estate business is one of the most lucrative buainesses I have ever seen. It is the best kind of investment in my own opinion but the problem is that not everybody can go into it because it requires a lot of money.
I invest in stocks. I get dividends from companies I invested in half-yearly or annually. I think that is a great source of passive income. Another great source of passive income is property rental but it requires a lot of money to invest in real estates.
investing in stocks is one of the things I am planning to do this year. But I have not really understood properly the concept of stock investment but of course it is very lucrative.
You need first of all to document yourself on stocks and then review platforms offering such kind of service after that you will be able to view your budget if able to do stock market staff or not.
Okay, I think I'll be making a lot of research then. I'll probably make use of YouTube to get some of the concepts and also to know some platforms I'll be using to buy the stocks
