Passive Income Investing Reddit

Investing in a business.

Passive income investing reddit. I m thinking about doing something where i can use my programming skills to either automate or scale some process that generates money. Once you have that passive income then you can reinvest the money in other things. There are plenty of digital nomads vagabonds students or just people in transition who need storage. Investing in real estate with the intent of creating an airbnb property is a great way to earn cash from real estate in a passive way.

The second way to earn passive income is to invest your time. I took 2k of my passive earnings and invested in bitcoin when it was about 700. Thanks in advance and please no spammy pms. Dividend stocks can serve as an excellent choice for adding some passive income to your portfolio.

As with any investment it s important to weigh. While it s definitely possible to earn passive income with no money it isn t easy. Passive income investments can greatly simplify an investor s life. No dividend will ever be guaranteed but that risk does usually come.

My thought is that i should invest in stock and etfs for growth not caring much about dividends right now. I never would have invested in bitcoin with my primary earnings as it s too risky. The first passive income idea on this list does take some start up cash but it absolutely helps me earn more than 1 000 per month. For example you can start a side hustle.

Another good way to generate passive income is to invest in a business even a small one in return for a percentage of the profits just like shark tank only smaller. If you want to give it a shot here s how to create passive income with no money. Building passive income i have started investing for mid long term with the target to build enough passive income to support my lifestyle in 10 15 years. Dividend paying stocks and other investments.

I m currently a cs college student looking to make some passive income. It will require a lot of initial hard work and comes with no guarantees. Passive income in trucking i work full time in logistics and i deal with the trucking industry on a regular basis. Also i have around 7k that i could potentially invest in something useful.

But i m happy to invest my passive income because i see it as play money.