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Passive Income
What It Takes To Earn Passive Income
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[QUOTE="Deleted member 62875, post: 219719"] Before we get into the passive income ideas I think it’s a good idea to first clear up a couple of misconceptions. Although the word “passive” makes it sound like you have to do nothing to bring in the income this just isn’t true. All passive income streams will require at least one of the following two elements: 1) An upfront monetary investment, or 2) An upfront time investment You can’t earn residual income without being willing to provide at least one of these two. Because it's important to remember what passive income is NOT . Passive income is not your job, it's not freelancing, or working online. Passive income is doing something once, then earning rewards from it into the future. Today, I have a big list of passive income ideas you can try regardless of the category you fall in Which are : 1. Dividend Stocks 2. Rental Properties 3. High Yield Savings Accounts And Money Market Funds 4. Crypto Passive Income Opportunities 5. CD Ladders 6. Annuities 7. Invest Automatically In The Stock Market 8. Invest In A REIT (Real Estate Investment Trust) 9. Invest In A Business 10. Invest In Student Income-Share Agreements 11. Refinance Your Mortgage 12. Pay Off Or Reduce Debt 13. Peer to Peer Lending 14. Don't Forget Your Matching Contributions 15. Sell an eBook Online 16. Create a Course on Udemy 17. Selling Stock Photos 18. Licensing Music 19. Create an App 20. Affiliate Marketing 21. Network Marketing 22. Design T-Shirts 23. Sell Digital Files on Etsy 24. List Your Place On Airbnb 25. Rent Out Your Space 26. Car Wash 27. Rent Out Your Car 28. Vending Machines 29. Storage Rentals 30. Laundromat 31. Cashback Rewards Cards 32. Cashback Sites 33. Get Paid To Have An App On Your Phone 34. Use Cashback Apps Explore and earn passive income online [/QUOTE]
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