Topic: Anyone here into passive investing (of their time)? - page 3. (Read 570 times)

When we talk of passive investments, if land is considered a passive investment, then I have some lands in some areas that are developing really fast and the prices of those lands has continued to appreciate from time to time.
Another passive investment I have is in crypto, I currently hold some bitcoin which I don't plan on selling anytime soon, but I don't really consider this one to be a passive investment, I've invested massively in a promising altcoin which I currently have staked and earning interest in it every epoch which have a circle of 2 days, this one is what I really consider as a passive income, because aside the money I invested, profit ive earned so far from staking is really good, and I don't have any plan of unstaking anytime soon, so the profit is just gonna keep coming while the project itself develops into maturity.

in the past I created a scientific site (something relating an aspect of biology but enough attractive for every one)
I was able to carry out discrete number of visits (100K+ more in less than one year) with a practically minimal effort.

unfortunately over time even that minimum effort has become quite a lot to "scale up". Finding banners/sponsorship etc etc requires time
A site like this must to be  up-to-date on information constantly.... yes and finally I gave up...

For passive income,a lot is needed to achieve that. Money,skill,knowledge, patience,sacrifice, commitment. Crypto,for example if you want passive income in bitcoin, you must be able to afford upto 1btc,whereby you understand the market and sell at every ATH,and buy at the dip and so on,I guess this shouldn't be a stress. Op just like you said there must be a regular updates to keep your investment alive.

Investing into real estates is also another option but this means that you are rich,through this you can just relax and your money keeps pumping in annually, depends on the duration your property is on lease.

Selling is a kind of active activity (not passive) but passive is the one that makes money to you even at your sleep. A good example would be is investing. Trading isn't a kind of passive activity but youtubing can be but indeed that both of them can be hard as it requires a good amount of skill while selling can be done by any people as long as they have a capital to start one. One of the hardships of selling is to find a place to sell your goods but it's great that you already have a good spot.

You are only paying some commissions there aren't you? You think you can make a better money from this than making articles, that is because your site might not be that popular enough and then maybe the articles that you make isn't also in good quality.

Over the past few years, from 2015 to 2019 I have been involved in various fields such as blogger, fiction book writing, being a content creator on YouTube (in the internet world), as for other business fields in the real world, I once opened a screen printing business specifically for music band logos. and I also had time to work with several bands abroad but that didn't last long because the pandemic immediately destroyed my work.

And in 2020 I tried to enter the agricultural sector and so far it has been quite successful. By utilizing land ownership whose territory is still tropical so it is suitable for planting fruit and vegetables. Now for myself, this is my investment that has a long chance, because the level of profit earned from planting seeds to harvest has increased dramatically.

Passive income is indeed everyone's goal to enjoy the results of hard work at a young age, then the business runs smoothly without the need to work in it. That's what you mean? Yes, it will be very nice when a writer, songwriter, artwork, get royalties for their hard work even though it has been going on for years later.

Then our task now is to find out what can be used as passive income for at least the next 10 years? considering that almost all business sectors are full of new or old platforms.

I started to think the business of developing organic farming on a large scale could be a good opportunity.

You can earn passive income from crypto, but it takes a long time to make a lot of money. If you've been in bitcoin a long time and already have a lot of bitcoins or trade them to make money and then collect a lot of bitcoins and hold them, you can make money in the future. And those profits could be more than enough to support you for the next few years while you still have bitcoins in your wallet.

We can not achieve passive income quickly and you have to work hard to make it happen. You can create a business franchise and promote it to the public to get potential buyers who will follow you, selling businesses like yours. By working hard, you can achieve passive income, as well as your potential buyers.

Bitcointalk is also a passive investment for Satoshi Nakamoto because Satoshi Nakamoto introduced it to some people, who continued to increase from time to time. And now, Bitcointalk has gained popularity, and many people already know Bitcointalk and can learn more about bitcoin. Satoshi now achieved his passive investment through this Bitcointalk

I've tried active buying and selling of cryptos in the past. I soon realized that to me, it's not worth the effort, I wasn't very good at it, and I had other priorities. But I had saveral very successful passive investments by buying a crypto early on and waiting for it to rise. I believe that in the current situation, it's best to just hodl Bitcoin. Of course, the difference between active and passive here is that active can bring regular profits if a person is good at it, whereas long-term hodling can easily have months when it's unreasonable to withdraw anything because it will be at a loss.
If you mean something outside cryptos, having an extra flat you can rent to someone else is a good passive investment (at least, in my country), and it comes with regular profits too. But that also requires having the kind of money neither me nor the majority of people have.

Your post is giving credence to natural skills that can be monitized unknowingly and without conscious effort. I understand it that way because some people are natural writers and working on newspaper houses gives them an edge as they are working on what they naturally have flair on like hobby while they still get paid for it, and in this regard talking about having passive income , they can publish books that they unintentional write because they have that natural ability to do so. This kind of passive income will not even been classified as such because they continuously have royalty paid to them in cash and recognition. What we call passive may not be so for some people and if you have someone who natural likes talking going into MC jobs or comedy, they are paid for what they like doing already. I think the best is when you build a future where you can earn even in your absence, dead or alive is more fulfilling and you can only achieve that by being independent and working by yourself doing what is passive for you and earning royalty from it.

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

Both of these are active investments, not passive - take it from someone who's been churning out blog articles for two years without any real result.

A book would be a better example, however you'd have a much better chance of making it work if it was non-fiction related to a topic you are knowledgeable in.

In the end, what I think is that if you are not sure what business or activity to start that ends up being passive, the best thing to do is to save some income from your active work and invest for passive income.


It seems to me that we don't have the same idea of what a passive business is. Nor of agriculture either from what I remember from your previous posts. Chickens, and the eggs they lay, require active labor, and if you want to take it as a business activity even more so. The only form of passive labor I can think of in farming is typical of large landowners. Buy a lot of land and pay people to farm it for you, checking in only once in a while. 


Well, actually, I am quite satisfied, but, without obsessing, I always think of ways to earn more because I believe that earning money honestly is good, and it gives you more options in life.


I put the blog as an example, but I don't think it's the best time today to start a blog. Maybe it was ten years ago.


Not really. If you want weeds or stones, a lot. But if we are talking about products that people demand and of good quality, they require a lot of capital investment, time and work.


Yes, the cases you mention are jobs that were first active and then became passive for the owner.

The typical example is a business that you set up, in which you actively work, and when it is successful you decide to franchise it.


I can. This is only said by those who have not had to earn their wages in agriculture. Having a small farm where you plant a couple of things to entertain yourself and get some exercise from time to time is cool but if you have to make a living from it you're going to get fed up to the gills.

And it is not passive work, which is the subject of this thread, unless you are a landowner as I have commented above.

This is a good point, just:
* I'd guess that there will be some... odor... near the decomposer
* this can work only on the hot (or less cold) months, unless you live in some place with no winter
* if you get others too give you their grass clippings you may end up with unwanted waste/garbage too in there (at least branches, dog toys and poo...)
* unless you have your own garden you may not gather enough material to actually monetize it

So it's not a bad idea, but it may not work just alone, you may need some more steps to it (eg your own veggie garden).


This is something I cannot argue with.
Plus, if world's people would spend doing agriculture (and other kinds work that only needs their energy) for the time they spend at gym the world would be better (but you won't convince them do that because they are afraid they get dirty).

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Back on topic: one idea for passive income is to invent (and patent!) something everybody will get to use.

There are actually many active jobs that can be turn into passive income if it's successful, but it mostly about monopoly or centralized company.

The most simple example is KFC, McDonald, Subway etc where the owner doesn't need to control and work every of his store, he only need to hire a head department and then he will take full control over the store. You as the owner only have few meetings with all of the head departments to discuss about the next development, profit/loss etc. It doesn't really make you not working at all, but at least you only work for few hours.

You can also create a Business to Customer site where you're become a third party which make money from the fee of each transactions made.

Honestly? This was something I considered for a long time, I have this story in my mind, an epic so to speak, something that could be as long as 300 or even 400 thousand words, of course, split into a few books, and even though I know my English is not that good, I think working with a professional editor who does this as a job, could make it a lot more polished after it is done, and that is probably the only thing I would need. I have written some stuff before and even though it had little traction, it was a test attempt and had some good imagination level. I realized at that moment that I could definitely write a book, or at least write an outline for one, but then actually writing itself takes a lot of talent to be good, what you write matters but how you write it matters even more. This is why I gave up, it was a good 6 months to learn how to be an author, but it is something beyond my talents, and I can't do it, maybe way down the line when I am much older.

Passive income through blogs are quite difficult. Imagine working months and months writing articles, without knowing if it will end up actually yielding you any results at all in the end.

It can definitely be hella rewarding if you end up hitting a home run on the SEO side of things though. Nothing more satisfying seeing your website earning you money on the daily with you doing little to no work after all the initial work.

Passive income is very difficult to find, and if you find one, it takes a lot of effort. The only thing that can really apply in my life is having a monetized website to post things like blogs or contents on, which for sure generates passive income, and also having a subscription-type business that gives you money every month, though I don't have any of this as I am more focused now on my work. But having passive income is the best, which is why some of the people I've known recommend going into business since it could be passive income if your business is already going well and we'll manage it.

It's hard to find a lasting passive income. Most of them are good for only a couple of months before you have to do some recalibration in order to stay profitable. Sometimes, recalibration on these can also affect your profits heavily, and we don't want that to happen. While stocks, precious metals, and crypto are already great passibe investments, they are still susceptible to fail, or not post a lot of great returns. You need to keep up with the trends and the news in order to know the next move, making it not so passive at all. But for starters, they're good passive investments, just not something that will stay passive for a long time.

If people have a yard, its normal for them to cut their grass. Rake the grass clippings and dispose of them in a landfill.

Its not a significant departure from cultural norms to store grass clippings, leaf and weed waste inside a plastic bin to allow it to decompose naturally into compost or potting soil(which can be passively generated). And so not much risk, funding or work is involved. It is also better for the environment to dispose of e-waste naturally, rather than have it build up inside a landfill where it will generate methane and greenhouse gases.

Also agriculture is good exercise. Which is something I have been neglecting and somewhat need.

There are not many genuinely passive ways to earn income. You have to put in a lot of work to establish your business or side hustle and then put in work to keep it alive. Otherwise, like in your example the income eventually goes to zero. The only truly passive income that comes to my mind right now is investing in productive assets (non-crypto), like stocks that generate revenue.

I owe several blogs and YouTube channels and can tell you that these income streams will dry off if you abandon them. However, it happens gradually and you can consider it passive income until it dries off.

What works for me is doing something I enjoy so it doesn't feel like a job so there is a lesser chance that I abandon it. You mentioned it as well and I think that's the ticket.

I can suggest some projects in which you can invest your time and earn without directly exchanging your time for money. Let's call them semi-passive ways to earn money:

- Investing in mutual funds - this is the closest to passive income you can get.
- Real estate rental properties - people call it passive income, but it is still a lot of work.
- Royalty-based businesses - selling your photos, videos, music, etc. This is great if you have a passion or a creative talent.
- Selling digital products, such as e-books or courses, can generate passive income if you put lots of time up-front.
- Affiliate marketing - you can earn a commission on sales if you have some kind of following, on social networks or a readership on your blog for example.