Mastergp
Verified member
There are many ways to generate passive income, including:- Investing in dividend-paying stocks or mutual funds.
- Renting out a property or properties through real estate investing.
- Investing in peer-to-peer lending platforms.
- Investing in a business or franchise.
- Creating and selling an online course or ebook.
- Building and monetizing a blog or YouTube channel.
- Investing in a REIT (Real Estate Investment Trust).
- Creating and selling a mobile app or software.
- Investing in a crowdfunding campaign.
- Building a dropshipping store or an e-commerce store.
- Investing in a robo-advisor platform.
- Creating and selling a physical or digital product through affiliate marketing.
Here are a few more passive income ideas:
- Investing in a cryptocurrency index fund or through a platform like Coinbase.
- Purchasing and holding on to domain names to sell later.
- Investing in a storage unit rental facility.
- Investing in a vending machine business.
- Investing in a car wash or laundromat business.
- Investing in a commercial or residential solar power system.
- Creating and selling a stock photography portfolio.
- Investing in a franchise or business opportunity program.
- Building and renting out a network of websites through a platform like Amazon's Mechanical Turk.
- Investing in a managed forex account or a trading bot.
- Investing in a podcast or music streaming royalties.
- Investing in a note buying or factoring business.