The lawyers and surgeons are able to get income until they are able to work but the others alternatives which you mentioned are good for futures income like that are writing books but investment in Bitcoin are better than all other form of getting passive cash.
Investment in Bitcoin will give advantages to you as well as to your children because investment in Bitcoin will greater opportunity to be considered as an elevated revenue production. business in other sector os also beneficial but if sometimes you cannot work for it then you will be unable to get income. For Bitcoin and other solid coin investment you do not have to work hard just focus onto market situations and take decision accordingly.
Topic: Anyone here into passive investing (of their time)? (Read 498 times)
Passive income in the Stock Market thru Dividends. That is the closest one to a real passive investing.
Yes, that is the classic example, as I have explained in previous posts.
What happens is that on the one hand it is not the only one, and also dividend investing would be an example of an invested capital that gives you passive income, and not a job that gives you directly that income, which is what I want to explore in this thread.
That is, you can work in a job that gives you active income, save part of that active income and invest it to give you passive income.
What I am thinking about now are ways to work directly to get passive income.
BTC HODLING is easily one of the biggest examples of great passive investments when luck is on your side.
I agree only with the first part of what you say, not that there is luck to be had. What you have to have is patience and know what you are doing.
If you'll have more interest in offline businesses then I will advice you get into farming or real estate as I'm sure these are one of the ways maybe in my country where one can be making real time passive income after setting it up and having the right management run this things.
As I said in response to a previous comment, that's only really passive if you're a big landowner and you hire people to do the work for you.
That is passive investing but not "your time" that you are passive investing. Things like music, blogs, books, paintings and other stuff like that (even NFT images which you charge a fee for each trade) is the ones we are talking about.
The example was that if you write a book, and it gets published and sold, you do not work anymore, you spent time and now you don't spend any time, you didn't spend a single dollar, just your time, and then you started making a passive income off your time. That's not common and pretty hard thing to do, definitely requires a good talent.
The example was that if you write a book, and it gets published and sold, you do not work anymore, you spent time and now you don't spend any time, you didn't spend a single dollar, just your time, and then you started making a passive income off your time. That's not common and pretty hard thing to do, definitely requires a good talent.
Yes
I think the question is not about investing your money and then making money from your money. That is passive investing but not "your time" that you are passive investing. Things like music, blogs, books, paintings and other stuff like that (even NFT images which you charge a fee for each trade) is the ones we are talking about.
The example was that if you write a book, and it gets published and sold, you do not work anymore, you spent time and now you don't spend any time, you didn't spend a single dollar, just your time, and then you started making a passive income off your time. That's not common and pretty hard thing to do, definitely requires a good talent.
The example was that if you write a book, and it gets published and sold, you do not work anymore, you spent time and now you don't spend any time, you didn't spend a single dollar, just your time, and then you started making a passive income off your time. That's not common and pretty hard thing to do, definitely requires a good talent.
Normally the problem with work that can bring you passive income in the future is that you have to be working for 0 for a some time to possibly monetize it in the future, so it is better to be focused on a topic that you are passionate about and do not mind devoting free hours because you may spend a year or more on the project and end up monetizing nothing or very little.
If I'm not wrong, you're basically focused on everything online and I really don't have much idea about making passive income online except some investment platforms and you should know that nothing is guaranteed with this investment platforms and I will never advice anyone to get into it or suggest it to anyone.
If you'll have more interest in offline businesses then I will advice you get into farming or real estate as I'm sure these are one of the ways maybe in my country where one can be making real time passive income after setting it up and having the right management run this things.
BTC HODLING is easily one of the biggest examples of great passive investments when luck is on your side. You can earn decent amounts by purchasing BTC when the market is bearish and selling it when the market is bullish.
This logic applies to most cryptocurrencies out there which is why it's actually possible to get rich over time using this strategy. This is what I have been doing and earned decent profits so far.
However, as some of the posters above mentioned, invest only what you are willing to lose.
This logic applies to most cryptocurrencies out there which is why it's actually possible to get rich over time using this strategy. This is what I have been doing and earned decent profits so far.
However, as some of the posters above mentioned, invest only what you are willing to lose.
I am not talented in the world of blogs and YouTube, even trading in the stock market. I prefer to make my passive income by selling food that is loved by children.
the food that I make I leave it in the school cafeteria, for the last 2 years I have been doing it, I have gotten a better income than I have made articles
Some people have different categories of surviving in any means, so i believe that having a cafeteria that have much turn will bring more profit than someone who runs trading daily and monthly. I had a friend who is into eatery business and he turns millions every months, i believe that a strategies business will make more profit than all this trading kind of business investment. And it will depends on the kind of business you are into that will determine how progressive. And also your ability to know your directive.the food that I make I leave it in the school cafeteria, for the last 2 years I have been doing it, I have gotten a better income than I have made articles
If there are a lot of cafeterias in your place, then it would be challenging to earn a lot unless your cafeteria is so unique from others that your customers are looking back to dine in at your place again. People have their own perspectives; the cafeteria might work for him, but to others trading also and way bigger they earn, it is just a matter of what you choose and what you see that better suits or works for you; it doesn't mean that if it works on him, it should work on you. Find the path that will lead you to success.
I have relatively passive investments like buying stocks or Bitcoin to hold, but in terms of time invested, in terms of work, I've always done active work.
I've been thinking about in the future starting some project that can bring me passive income once the work is done and so I'm curious to see if some of you do such work and/or what ideas you have about it.
Passive income in the Stock Market thru Dividends. That is the closest one to a real passive investing.I've been thinking about in the future starting some project that can bring me passive income once the work is done and so I'm curious to see if some of you do such work and/or what ideas you have about it.
I mean you will only buy the stock, just hold it your broker and just wait for the dividends to come to you. Well, of course you need a huge capital in order for you to achieve the desired amount of monthly or quarterly dividends that you want, but in terms of earning passively, dividends is I believe the way to go.
Starting some projects that can bring you passive income is not passive income. When you start a project, you need to work still to maintain that project right? Unless you will give it to somebody you trust and you do nothing then you can consider it as passive investment maybe.
If you don't really want to work in the future, Stock market thru dividends is the way to go.
there are big websites that posts 10 posts a day, you are competing against these people and having even one blog post per day is hard, 10 is near impossible for a single person, if you have multiple websites, calculate how much more posts.
Secondly these other companies and websites spend a lot more on marketing, so you have to spend more as well, and that causes a trouble as well and you can't afford it.
Now it's possible for one person to create 100 articles per day because we have ChatGPT Secondly these other companies and websites spend a lot more on marketing, so you have to spend more as well, and that causes a trouble as well and you can't afford it.
Many sites even copy pasting from the other articles and put the original source on the bottom, so it's not a plagiarism anymore and not broke copyright law.
We still do not know this because it hasn't been long enough and google could make or change their decision on the subject easily. It is not hard to find out if it was written by an AI or not, and google can definitely figure that out, so it is still quite risky.
I am not talented in the world of blogs and YouTube, even trading in the stock market. I prefer to make my passive income by selling food that is loved by children.
the food that I make I leave it in the school cafeteria, for the last 2 years I have been doing it, I have gotten a better income than I have made articles
Some people have different categories of surviving in any means, so i believe that having a cafeteria that have much turn will bring more profit than someone who runs trading daily and monthly. I had a friend who is into eatery business and he turns millions every months, i believe that a strategies business will make more profit than all this trading kind of business investment. And it will depends on the kind of business you are into that will determine how progressive. And also your ability to know your directive. the food that I make I leave it in the school cafeteria, for the last 2 years I have been doing it, I have gotten a better income than I have made articles
If we talk about passive income, then I can say that my spouse rents out a room that is currently being used as a store. This is not a lot of money, which you can be financially independent, nevertheless, it is a good addition to the overall budget.
Renting out a room or house can really provide stable passive income to us as owners, I also really want to have a business like this even though there are still risks such as tenants paying late or even running away (because in my neighborhood there are many tenants who run away and don't pay their rent). the plan is that when I finish college, I will go straight to my hometown and will open a boarding house at my parents' house. 
Does mean with passive investing earn profit in daily without any trading yet profitable earning from investment like deposit in the bank or staking coins? I have been in cryptocurrency since 2016 after failure in college and start my journey with investing and less knowledge with trading, but I got passive income with Bitcoin and altcoin trading not for investing.
I am not most loyal when holding some coins and prefer short term investment and there are not any profit when stop trading and not brave try with deposit like in the bank and passive income from interest with few percent.
I am not most loyal when holding some coins and prefer short term investment and there are not any profit when stop trading and not brave try with deposit like in the bank and passive income from interest with few percent.
For me the best form of passive investing would be to buy an apartment and rent it out, receiving monthly rent payments would be very steady monthly income for which we can plan ahead many years.
This can be the type of model for what passive income is. It is like what investment that you does really have to show presense before making out money from it and like you made an example, real estate business is part of it because it doesn't require physical presense but the investment yield profit through the rent payment. Also for some people who don't only rely on trading, trading can be regarded as passive and other businesses you do that doesn't require your physical presense to make your profit but all you need is to make capital available and expect profit from the capital.
That's more secure than buying stocks or crypto and considering it as passive income, which it really isn't. Passive income is real estate investment - rent it out and continue receiving rent until the property still operates. Crypto and stock investments are volatile, so what you're holding now doesn't guarantee you a higher or even the same value in the future. We need to understand that well.
Regarding YouTube channels, I don't think it's a passive income either because eventually, more videos will be created, and your video won't be earning views anymore like it usually do, which will translate to less money. You need to be active in finding your niche and uploading related videos to earn. This means you need to put in some hard work. Some people even sell their channels and enjoy the proceeds to just travel or relax and enjoy life.
One of the biggest YouTubers even declined a $1 billion deal for his YouTube channels. Here's the story.
MrBeast said he turned down $1 billion deal for his YouTube channel and associated companies
Means he knows his worth and he still enjoy what he is doing.
If we talk about passive income, then I can say that my spouse rents out a room that is currently being used as a store. This is not a lot of money, which you can be financially independent, nevertheless, it is a good addition to the overall budget.
This is an effective way of having a passive income. My parents have the same business and it has been running for years which sustains their living up to now. Npwadays, there are already lots of ways to earn through passive income and many people are relying on the internet. Different social media platforms could be used to earn passively such as Youtube, Facebook, Tiktok and so on. Creating videos and affiliate marketing are in demand nowadays.
It's actually quite difficult to find an actual and ongoing passive income source these days. Almost all the investments require you to put in some work, whether on a daily, weekly or monthly basis. Some require less time while some a bit more, but maintenance is required for sure.
I myself have not yet been able to find something that I can rely on, which I invest some time on and then it generates passive income for me, though I have some ideas but they can only work in other regions. For example, vending machines can be good source of passive income in the US. I know it can have its downsides and it does require some maintenance and etc., but overall, it's an option if someone can do it.
I myself have not yet been able to find something that I can rely on, which I invest some time on and then it generates passive income for me, though I have some ideas but they can only work in other regions. For example, vending machines can be good source of passive income in the US. I know it can have its downsides and it does require some maintenance and etc., but overall, it's an option if someone can do it.
Earning passively with great amount requires a lot of things. Huge pile of money and also great amount of work at first. I've been into investing and aside from bitcoin, my greatest asset would be in real estate and renting out properties.
I'm not that rich at all and these are like small properties that I've just renovated and rent it out for people that are working near the area. I have to work for its papers at first and then did the renovation.
It's giving me continous cash flow even if the price of my rent isn't that much. Because what I believe, if the renters are great payers and they've been there for many years, that's giving me continuous source of passive income and requires little work as it's already established.
I'm not that rich at all and these are like small properties that I've just renovated and rent it out for people that are working near the area. I have to work for its papers at first and then did the renovation.
It's giving me continous cash flow even if the price of my rent isn't that much. Because what I believe, if the renters are great payers and they've been there for many years, that's giving me continuous source of passive income and requires little work as it's already established.
There are ways that are neither black nor white. Someone who has a YouTube channel or a blog with some success, the old videos or posts continue to get views and generate money even though he no longer spends time on them, but he has to actively continue to update the channel or blog so that it doesn't decline.
I used to follow a blog a while back that had a lot of views and was monetized. The author suddenly stopped updating the blog without explanation (not sure if he died or what), and it continued having visits and generating money but little by little, with the passage of time, the visits were declining and I guess that today will be close to 0.
I used to follow a blog a while back that had a lot of views and was monetized. The author suddenly stopped updating the blog without explanation (not sure if he died or what), and it continued having visits and generating money but little by little, with the passage of time, the visits were declining and I guess that today will be close to 0.
Indeed, the best ways to generate money at this age are the ways that waste people's time. We can easily notice that the wealth of celebrities is increasing on the back of others' time. That is because most people don't appreciate their time, which results in spending it on watching celebrities and increasing their wealth. Social media have opened the door for everyone to be a celebrity, they just need to gain some skills and be encouraged to stand against the camera. However, every person has the choice of whether they want to be on the side of money generators, or the side of time spenders to generate other's money.
I have relatively passive investments like buying stocks or Bitcoin to hold, but in terms of time invested, in terms of work, I've always done active work.
These remain investments that could be lost. We shouldn't look at them as if our lives depend on them, so everyone should search for a steady source of income and forget these investments.
Normally the problem with work that can bring you passive income in the future is that you have to be working for 0 for a some time to possibly monetize it in the future, so it is better to be focused on a topic that you are passionate about and do not mind devoting free hours because you may spend a year or more on the project and end up monetizing nothing or very little.
If you have faith in what you want to introduce to others, you have the needed energy to surpass all the hurdles that could face you. Nothing valuable comes easily. On the other hand, having your own project carries big advantages. One of them is that you work for yourself, not for the interest of a company or institution.
For me the best form of passive investing would be to buy an apartment and rent it out, receiving monthly rent payments would be very steady monthly income for which we can plan ahead many years.
This can be the type of model for what passive income is. It is like what investment that you does really have to show presense before making out money from it and like you made an example, real estate business is part of it because it doesn't require physical presense but the investment yield profit through the rent payment. Also for some people who don't only rely on trading, trading can be regarded as passive and other businesses you do that doesn't require your physical presense to make your profit but all you need is to make capital available and expect profit from the capital.
That's more secure than buying stocks or crypto and considering it as passive income, which it really isn't. Passive income is real estate investment - rent it out and continue receiving rent until the property still operates. Crypto and stock investments are volatile, so what you're holding now doesn't guarantee you a higher or even the same value in the future. We need to understand that well.
Regarding YouTube channels, I don't think it's a passive income either because eventually, more videos will be created, and your video won't be earning views anymore like it usually do, which will translate to less money. You need to be active in finding your niche and uploading related videos to earn. This means you need to put in some hard work. Some people even sell their channels and enjoy the proceeds to just travel or relax and enjoy life.
One of the biggest YouTubers even declined a $1 billion deal for his YouTube channels. Here's the story.
MrBeast said he turned down $1 billion deal for his YouTube channel and associated companies
Means he knows his worth and he still enjoy what he is doing.
Passive investment basics:
*Have money first, so you can earn more money.*
You can earn money passively if you rent out your real estate, collect dividends from stocks or collect interest from the long term government bonds. However, you still need to have money to buy those. You can build a stock/bond portfolio or you can start a mortgage while you are working and by the time you get to your 50's, you will be set.
If you haven't planned all those while you were young, then there is another choice:
The other choice is investing in the right crypto and hoping to get rich quick.
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Aah... youtube. I see most people here think youtube is a way of making money passively. It is not. The moment you stop uploading new content, your channel will die off.
*Have money first, so you can earn more money.*
You can earn money passively if you rent out your real estate, collect dividends from stocks or collect interest from the long term government bonds. However, you still need to have money to buy those. You can build a stock/bond portfolio or you can start a mortgage while you are working and by the time you get to your 50's, you will be set.
If you haven't planned all those while you were young, then there is another choice:
The other choice is investing in the right crypto and hoping to get rich quick.
------
Aah... youtube. I see most people here think youtube is a way of making money passively. It is not. The moment you stop uploading new content, your channel will die off.
For me the best form of passive investing would be to buy an apartment and rent it out, receiving monthly rent payments would be very steady monthly income for which we can plan ahead many years.
This can be the type of model for what passive income is. It is like what investment that you does really have to show presense before making out money from it and like you made an example, real estate business is part of it because it doesn't require physical presense but the investment yield profit through the rent payment. Also for some people who don't only rely on trading, trading can be regarded as passive and other businesses you do that doesn't require your physical presense to make your profit but all you need is to make capital available and expect profit from the capital.
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