Topic: Anyone here into passive investing (of their time)? - page 4. (Read 584 times)

On the internet you need visitors and hits. And for that, even if the content is useful (blog), if it stops getting updated the search engines will pretty much bury it.
So a blog may not be what you need. Maybe a forum, since people will keep posting there as long as you've built the right community.


In theory the nature gives a lot for free, but in reality it doesn't do it at a constant rate and imho this makes agriculture risky.
There can be great years and there can be years with extreme drought, or floods, or hail, or whatever and the business has expenses and no income.
Zootechny/growing animals can be risky because of diseases (I've heard of pig farms where 30k animals had to be burned).
If there are ways to properly overcome (or insure against) all of these then yes, it can be a good option.

Your article is good and challenging at the same time as I believe that anyone that is not satisfied with their earning needs passive income. Truthfully, how many people are satisfied with their earnings these days? So, many need this but the nature of their primary job matters in the choice of the passive income they can do, especially if they do not want to do away with that job.

For now, the best passive means of income are trading/investing, authoring books, freelancing, blogging, problem-solving, creativity and many more. One could choose the ones that are good for their person and go for them during their free periods.

As for me, trading/investing and book writing are my own, and I hope I will forever benefit from them even beyond my hope.

I'm still searching for methods of passively investing in agriculture.

Preferably in items that will be deflationary in supply over the long term. Or which are likely to grow in demand. To an extent US markets have witnessed this with chicken and egg shortages. Where a passive investment in chickens or eggs could reap rewards if deflationary trends continue.

"Demise of globalisation" trends are shifting production towards local sources. Over the long term, this could make stockpiling of aluminum cans and plastic (Polyethylene terephthalate) bottles more profitable than they have been in past eras.

I have big plastic containers outside that are around 12 square feet each. All of the weeds and random bushes I pull go into the plastic containers. Where they will passively decompose into potting soil. I have thought about posting advertisements to do free pick ups for cut down trees, leaves, bushes and plants. To mass decompose cubic yards of waste, into compost or potting soil, as a passive process. I will have to see how my initial tests go to get an idea of the proportion and quality of soil I can expect to produce from a certain cubic yardage of waste.

Agriculture is a decent approach for my area. I guess which modes of passive investment work best do trend towards being regional specific. Unless we're talking about side hustles and internet investments, which could be on declines considering reports of youtuber revenues being cut.

Passive income in this industry I guess is through long term holding which means an investor would disregard any decline on the market prices and will only focus on futuristic price potential. Outside this industry is through other investments such as owning a business wherein you could hire professionals to run it for you to not be required of moving an inch to generate profit. Others could be some sort of staking wherein the price is expected to increase for a long run. In either of these cited examples won't save you from risk. Wether it is a passive or active income, risk will always be involved. No passive income I believe has consistent profit growth.

Building a lasting passive income stream needs hard work, perseverance, and patience. This is because you might not earn anything from the investment for up to five years and more. I have a full-time job and I am also considering starting up an enduring passive income source.

For now, my focus is the agricultural sector. I intend to get land and plant some cash crops, in my case I am focusing on oil palm trees. These plants have a lifespan of more than fifty years. It will take about five years to mature and start producing. But once it starts, I will be able to get a passive income stream that could last for forty years. The beauty of the plan is that you don't need to be on the farm all the time to maintain the trees. These trees can also be leased to local palm oil producers.

In case of Youtube, a lot of people do well or better when they become notable enough to do collaborative videos with others who are also big in their area (or a different one).

For written content such as websites, I imagine blogs do a lot better when they have a large back catelog to be picked up by search engines (essentially, they've written a lot already and have a lot of articles).

Good investments with crypto normally happen when you've been around the space for a long time, know what to look out for and then find something interesting you decide to research (this is normally what I've experienced). Both a lawyer and a surgeon have to take a lot of time to perfect what they're doing so they don't mess up and end up ruining someone else's life, the same could be true of investing if you invest more than you can afford to lose, don't understand what you're doing or are trying to chase large returns from the promises of a medium article or a dev team who says their coin will do well...

Active investments require work and follow-up in order to yield results. A day trader needs to be actively buying and selling to make money, while a buy and hold trader invests in a more passive way.

In the world of cryptocurrencies, someone who buys or sells trying to guess whether the price is going up or down makes a more active investment while someone who buys Bitcoin not to sell until at least the next cycle makes a more passive investment.

We can apply this not only to investments, but to work as well. A lawyer or surgeon, no matter how much they earn, depends on their work to earn money, while someone who writes books, invests his time in a more passive way: once the book is written, he has invested some time, but the book continues to sell for a long time afterwards (assuming it is successful).

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 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.

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.