What are your favorite ways to generate passive income

nomad

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Let's talk about the passive income methods you are using. What are your favorite ways to generate passive income? Here are some of the passive income methods that I am utilizing.
Books: If you have a book published and it generates hundreds of thousands in royalties every month you can grow rich with a single book. This is not happening to me but I do manage to sell books every month nd earn decent passive income.
Blogs: If you receive thousands of daily traffic, you might be able to earn thousands of dollars every month. I do not make thousands of dollars from my blgs but aboput 40 percent of my income comes form blogs
 
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eldavis

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One of my favorite ways and one thing I would love to invest in the future is real estates. I have always wanted to invest in this for a long time.
 

freelancermaria

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As of the moment, my favorite way to earn passive income is investing in stocks. I bought some shares a couple of weeks ago and I hope they will help me earn money in the future.
 

Stardom22

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I am always hoping for the real estate investments means of passive income for real. This is because one can easily rent out house rooms or apartments for house rent.
 

nomad

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Real estate can be the best way to generate passive income, but sadly because of the amount required, not many people can use this method to generate passive income for themselves.
 

Rubz

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Although i am currently not earning passively, one of my favorite ways to earn passive income is real estate. This is something i've always wanted to try out buy unfortunately, i do not have the skills and capital to do so yet.
 

nomad

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Mine is garden produce and cumulative bank deposits. Regular deposits get affected when interest rates fluctuate but not so with cumulative deposits.
Selling garden produce is an active income source as you need to work in your garden but earning interest from your bank deposits is certainly a passive income
 

nomad

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Our fruit trees yield year in and year out. They do not need any maintenance
Aha, I forgot that. If you have fruit trees and if you sell fruits, that is certainly a passive income. We have some mango trees and lychee trees and we sell mangoes and lychees every year.
 

Springtime

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Investing in real estates is the best way to generate passive income. However, I cannot afford to buy a second property (I currently live in my own apartment), for now, I buy dividend paying stocks. I receive dividends once every six months.
 
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