9 Best Passive Income Ideas

Dividend Stocks

Invest in dividend equities or exchange-traded funds (ETFs) that invest in companies that pay dividends. You, as a shareholder, will receive dividend payments from the corporation on a regular basis.

Real Estate Investments

Rental properties or REITs are good real estate investments. The dividends paid out by real estate investment trusts (REITs) are a form of passive income that may be generated by investing in rental property.

Peer-to-Peer Lending

 LendingClub and Prosper let you lend to individuals and small companies for interest. Defaults and other hazards should be taken into account.



Start a Blog or a YouTube Channel

 It takes time and energy to grow a blog or channel into a profitable business, but once you do, you may generate passive income through advertising, affiliate marketing, and sponsored content.

Write book or e book

Self-publishing a book or an e-book is a great way to build a passive income stream, especially if you're a writer. Amazon's Kindle Direct Publishing is one such marketplace where your work might be published and sold.

Create an Online Course

 If you have a lot of knowledge to share, you may use services like Udemy or Teachable to make an online course. After a course is completed and released, it may generate passive income with little maintenance required.

Create an App or Software

If you're good at coding, you might want to explore making and selling a mobile app or piece of software. A mobile app may generate income through in-app advertising, paid subscriptions, or paid-downloads.

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