What are the viable passive income strategies available to those with limited financial resources? How can they manage their investments so that they do not take too many risks and lose money in the process? Do you have a steady stream of income?
What are the viable passive income strategies?
- Thread starter deucher
- Start date
I invest in stocks, mutual funds and bonds. I receive dividends from my stock investment on a regular basis. I also get some interest income from my fixed deposit account.
The most important passive income idea is to engage in blogging or vlogging.
It is true that paid to post forum could also be regarded as a passive income sources.
Your point is very valid because paid to post requires a lot of rigorous activities.
If you wish to make money from paid to post platforms, you would need to engage in a lot of activities.
Having a lot of experience on different topics would enhance your ability to make money on paid to post forums.
In any thing you do that you intend getting a passive income from, you must make sure the product or service that will give you passive income is done properly
This is very true, earning on paid-to-post forums is not something that I would say is passive income as you do have to do something and work towards earning that income. Passive income is something that you can earn without doing anything and even when you are sleeping.
I have been looking into ways to earn a passive income and it would seem that investing and also working on websites and getting them monetized are two of the popular ways to earn a passive income but they do not happen overnight and will take work and money in the beginning to an extent.
There are many strategy to earn passive income. The only passive income I have is joining paid forums. The key is always consistent to actively write there, so I can continue to earn decent passive income.
Additionally, you can also invest certain amount of money in cryptocurrency staking as a passive income source.