20 methods of passive income ?

1 year ago
28

Here are 20 methods for generating passive income:

Rental properties: Owning and renting out real estate is a popular method for generating passive income.

Dividend stocks: Owning stocks that pay dividends can provide a reliable source of passive income.

Peer-to-peer lending: Lending money through a platform like LendingClub can provide passive income from interest payments.

Bond investments: Investing in bonds can provide regular income through interest payments.

REITs: Real Estate Investment Trusts (REITs) allow investors to own a share of income-producing real estate without the hassle of property management.

Stock market investments: Investing in the stock market can provide passive income through dividend payments and capital gains.

Crowdfunding: Investing in crowdfunded real estate or other projects can provide passive income through dividends or profit-sharing.

Affiliate marketing: Promoting other people's products or services and earning a commission on sales can be a form of passive income.

E-commerce: Selling products online through platforms like Amazon or Etsy can provide passive income.

Digital products: Selling digital products like e-books, courses, or software can provide passive income.

Rental income from equipment or vehicles: Renting out equipment or vehicles can provide passive income.

Licensing intellectual property: Licensing patents, trademarks, or copyrighted materials can provide passive income.

Franchise ownership: Owning a franchise can provide passive income from franchise fees and ongoing royalties.

Advertising revenue: Generating ad revenue through a blog, podcast, or YouTube channel can be a form of passive income.

Create an app: Developing a mobile app that generates revenue can provide passive income.

Peer-to-peer car sharing: Renting out your car through platforms like Turo or Getaround can provide passive income.

Sell stock photography: Selling photos on platforms like Shutterstock or iStock can provide passive income.

Royalties from books or music: Earning royalties from book or music sales can provide passive income.

Storage unit rentals: Owning and renting out storage units can provide passive income.

Real estate crowdfunding: Investing in real estate crowdfunding can provide passive income through dividends or profit-sharing

Loading comments...