Today we are talking about passive income, in this video I’ll show top 5 passive income ideas 2021. Enjoooy!
______Content of the video______
0:46 Dividend stocks
1:46 Rent out a car on Turo
3:08 Affiliate Marketing
4:47 Real Estate
5:53 Start a Youtube channel
7:01 Wrapping up
Passive income is money you earn in a way that requires little to no daily effort to maintain. Some passive income ideas—like renting out property or building a blog—may take some work to get up and running, but they could eventually earn you money while you sleep.
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This video is super important for you to watch, because it will give ideas of passive income that you can use right now and make your passive money start since today. after watching this video you’ll get ideas for passive income and you can choose which source of passive income you can take and use right now. These ideas are perfect for any age or any money in the pocket.
1. Dividend stocks
-Dividend stocks can provide investors with predictable income as well as long-term growth potential.
– it’s easy, you just buying a stock and they pay you monthly, quarterly, or every half year
2. Rent out your car on turo
– if you have a car you can rent it out when you don’t use it
– buy a used car and put it on rent and make 30$+ a day
– you should find a car that matches with a demand in your area in miami and in hawaii car without a roof
– you can pay off a car in a six month
– cars on turo is on a high demand, because it’s cheaper than regular car rentals and turo has a big variety of cars
3. Affiliate marketing
– you post your referral links somewhere people are signing up with your links and you’re earning money
– you can invite people for credit cards , open a bank account, or open a brokerage account
– you can share links with friends on your facebook or instagram and make a good amount of money every months without doing anything
– if you have a place where to put your links(blog, youtube channel etc ) you can invite much more people
– feel free to use comments under this video to leave your referral links . Don’t forget to explain what person will get after going by your referral link
4. Real estate
– you can buy a house and rent it out
– very popular strategy is house hacking, you’re buying a house and live in one unit, and other tenats pays for your loan
– you can live for free, tenants paying your loan, even you can make a profit, when tenants paying you more than your loan
– when your loan is paid off you’re the owner of the house and you’re making a lot of money every month
5. Start a youtube channel
– me personally started a youtube channel, because I see a huge potential in youtube. I’m going to improve my skills in youtube and I hope in a year it will be one of my biggest sources of income.
– even now youtubers making a lot of money every month
– you can get paid by youtube, you can post affiliate links and get money for sign up in different services, you can make your merch and sell clothes and accesories with your logo
There has never been a better time to make passive income as a beginner. Over the past decade, some incredible passive income ideas and streams have come to exist making it even easier for beginners to make extra money. Passive income is money that is usually (but not always) received regularly without any or only little effort. But you need to leverage your time and effort to create multiple passive income streams that will continue to grow in the future.
You should do something to generate passive income upfront, and then you can rely on that income for years to come. You either have to do much, at the beginning, to set up your passive income stream, or/and you regularly have to invest at least a bit of your time, effort, or money to maintain that income. Now, there are thousands of best passive income ideas for 2021 you can come across on the internet for earning monthly passive income.
When a stream of income is passive, it needs little to no ongoing maintenance to keep it flowing. Unlike traditional employment, you’re not directly trading your time for money – making it ‘passive’ rather than ‘active’.
Here we discussed about best passive income strategies for 2021. I hope this video was useful for you! I gave you 5 ways to make passive income with them you can make passive income online. We shouldn’t loose these passive income strategies and have to use all passive income strategies to make 2021 , much better than 2020.
Thanks again for watching, see you in the next one!
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