Passive Income.

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#What is Passive Income ?

Passive income is income that is earned without the need for active involvement or effort on the part of the individual receiving it. Examples include rental income from property, interest and dividends from investments, and income from a business in which the individual is not actively involved. The goal of passive income is to generate a steady stream of income without having to actively work for it.




#20 Passive Income Ideas for 2023...

  1. Rental property: Rent out a room or a whole property.
  2. Dividend stocks: Invest in stocks that pay dividends.
  3. Peer-to-peer lending: Invest in loans through a platform like Lending Club.
  4. Investment trusts: Invest in a trust that holds a portfolio of assets.
  5. Annuities: Invest in an annuity that pays out a fixed income.
  6. REITs: Invest in real estate investment trusts.
  7. e-book or course creation: Create an e-book or online course and sell it.
  8. Affiliate marketing: Promote other people's products and earn a commission.
  9. YouTube or podcast advertising: Create a YouTube channel or podcast and monetize it through advertising.
  10. Online tutoring or coaching: Offer your expertise as an online tutor or coach.
  11. Dropshipping: Start an e-commerce store and use dropshipping to fulfill orders.
  12. Network marketing: Join a network marketing company and earn commissions from the sales of other members.
  13. Crowdfunding: Invest in crowdfunding campaigns.
  14. Online surveys: Participate in online surveys and get paid for your opinions.
  15. Online gaming: Play games and earn money through in-game purchases.
  16. Stock photography: Sell your photos online.
  17. Vending machines: Invest in vending machines and collect the profits.
  18. Invest in a Business: Invest in an existing business and earn a share of the profits.
  19. Invest in a franchise: Invest in a franchise and earn royalties.
  20. Create a mobile app: Create a mobile app and earn money through in-app purchases or advertising.

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