Best Passive Income Sources Reddit

Don t let a lack of knowledge stop you from achieving your goal to have passive income even if you want a lot of it.

Best passive income sources reddit. It s really one of the only passive income methods out there that truly doesn t require involvement. I took 2k of my passive earnings and invested in bitcoin when it was about 700. So i thought long and hard and came up with the seven best streams of passive income. I do however make anywhere from 100 250 a week donating plasma and some other odd end jobs.

Dividend paying stocks and other investments. Passive income sources aren t just for the wealthy. And there are many passive income sources you can get started in for less than 1 000. Passive income in trucking i work full time in logistics and i deal with the trucking industry on a regular basis.

Since i spend a lot of time at a computer web app reviews and tutorials would be cool. The best passive income is if you are able to earn royalties from creative works such as music books movies etc. I ve spoken with a lot of owner operators who own their own truck and haul goods for a living. The ideal partner would understand how to write for humans with the robots in mind.

Here are my rankings for the best sources of passive income. But i m happy to invest my passive income because i see it as play money. I d like to partner with a writer to create a passive income blog. I never would have invested in bitcoin with my primary earnings as it s too risky.

I m open to topic ideas. Types of passive income. The downside is that these methods are a far from guaranteed you invest a lot of time upfront with no guarantee of success b if successful relying on free seo social media traffic is a very slow burner you might not really see any results for 6 12 months or more. Everyone has to start somewhere.

I am sure there are over 20 different types of passive income out there. I ranked the passive income based on five factors. Once you have that passive income then you can reinvest the money in other things. Since most of us can t be michael jackson j k rowling nor jennifer anniston another way of such passive income is from blog youtube s and ebooks etc.

On the side however i publish ebooks. I have no stable source of income at the moment since flying takes up a majority of my time. However i wanted to cover the main ones. In addition to this i expect to graduate college with zero student debt and want to begin investing in generating passive income as soon as i can.

Some passive income methods that have worked for me requiring relatively little upfront financial investment.