Passive income is the holy grail of making money online. Some say it can't be done, but I think otherwise. While picking one niche over another may seem like an easy way to choose your passive income, it can be much more difficult than you realize. The top 10 highest paying niches have a few key factors in common as to why they are high paying niches. What is the most lucrative passive income will depend on the person.
The most lucrative passive income is from dividend stocks and bonds, if you're lucky enough to be able to retire on just your dividends. They can be a high yield with low risk or a low yield with low risk. Some bond pay out for life or as long as you hold it like corporate bonds do. The higher the yield, the higher the risk, but if you have that much money to invest in stock in your retirement fund then I wouldn't touch anything other than Dividend stocks and bonds.
Also, passive income is income that you enjoy without doing anything. It's the opposite of active income, or money earned from jobs.Some persons also believe, the most lucrative type of passive income is rental property investment, whereas catch-all investments like stocks and mutual funds are least lucrative, though they can be useful to fill in gaps in your portfolio.