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Topic: Anyone here into passive investing (of their time)? (Read 574 times)

sr. member
Activity: 1456
Merit: 326
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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.
legendary
Activity: 1372
Merit: 2017
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.

Yes
legendary
Activity: 2044
Merit: 1075
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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.
hero member
Activity: 602
Merit: 442
A Proud Father of Twin Girls 👧 👧

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.
hero member
Activity: 3178
Merit: 977
www.Crypto.Games: Multiple coins, multiple games
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.
hero member
Activity: 2366
Merit: 594
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.

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.
legendary
Activity: 2576
Merit: 1043
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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 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.
hero member
Activity: 3164
Merit: 675
www.Crypto.Games: Multiple coins, multiple games
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 Cheesy

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.
But, what will google say about that? That is the question they are not entirely sure about, you can even write a whole book using chatgpt if you want, but if you are not going to make money from it, that doesn't really mean anything to anyone. I personally can write 100 blog articles a day using that, but will google rank me high? Or will it realize that it is just pure AI writing and not rank me at all?

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.
hero member
Activity: 1246
Merit: 534
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.
full member
Activity: 1638
Merit: 167
Buzz App - Spin wheel, farm rewards
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.
sr. member
Activity: 1246
Merit: 262
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.
hero member
Activity: 1750
Merit: 904
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.

Unfortunately, passive income isn't easily achievable and often requires large investments, such as in real estate. For example, buying an apartment or house isn't affordable, nor does it pay off in a few years by paying rent alone. I've also seen a few other users claim that Bitcoin is a form of passive income, but it's far from that. Stocks are also not a form of passive income, unless you're receiving dividends from them. Staking, however, definitely is, but there are other risks involved, such as impermanent loss. YouTube is a somewhat mixed form of income. You're actively working to create new content, but at the same time, older content is generating income.
hero member
Activity: 1820
Merit: 537
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.
hero member
Activity: 2730
Merit: 585
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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.
hero member
Activity: 3024
Merit: 680
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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.
hero member
Activity: 1358
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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.

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.
hero member
Activity: 3052
Merit: 685
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.
legendary
Activity: 3276
Merit: 2442
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.

------

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.
sr. member
Activity: 2366
Merit: 332
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.
newbie
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hero member
Activity: 1974
Merit: 534
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.

Buying crypto currencies and stocks to HODL is a good investment strategy, but it is really a form of passive investing? It's true that we don't need to invest much time into our trading activities and can just forget about our holdings, but these investments won't create much passive income for us. When it comes to passive investing I always thought it's about finding assets that create us a steady passive income, instead of making money on the rise in price. That is why crypto currencies are not a good tool to make a passive income portfolio. Same goes for stocks, the majority of stocks don't have a lot of dividends they are paying out. We would need to focus on the stocks with a high regular cash flow and strong business model so that they keep paying out dividends each year. 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. 
hero member
Activity: 2408
Merit: 584
I heard a story about a CFO who owned a large stake in her company. 

When she was fired from the company, the first thing she did was to sell all her shares.  When asked why she did it?  - She answered - that she invests only in those assets, the fate of which she can influence.  There is some wisdom in this ....

Even if we are talking about passive income (for example, renting out real estate), we still need to constantly monitor the situation on the real estate market, repair and maintain the premises, look for new tenants and take other active actions  . 

A person must earn his bread by actively working - this is taught by the Christian Bible. 

Passive income is not completely passive, a person still has to work.
It's funny how the ex-CFO asked on why she sold his shares but what's the point of holding them if she is already out of the company? But, the move that she did there can also act as a revenge to that same company that fires her. That company might also be suffering right after she sold all his stakes.

Karma hit them real quick. When we invest we don't just invest and careless but a constant monitoring about our investment is necessary so that we can take adequate actions depending on its flow. Investing on real estate is only hard because some things are still needed but that isn't experienced in crypto and other investment assets.
legendary
Activity: 2338
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I heard a story about a CFO who owned a large stake in her company. 

When she was fired from the company, the first thing she did was to sell all her shares.  When asked why she did it?  - She answered - that she invests only in those assets, the fate of which she can influence.  There is some wisdom in this ....

Even if we are talking about passive income (for example, renting out real estate), we still need to constantly monitor the situation on the real estate market, repair and maintain the premises, look for new tenants and take other active actions  . 

A person must earn his bread by actively working - this is taught by the Christian Bible. 

Passive income is not completely passive, a person still has to work.
legendary
Activity: 3528
Merit: 7005
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Blaaaaah....I think OP is way overthinking the concept and application of passive investing.  I get the writer vs. surgeon argument, but writing a book still doesn't qualify as passive in my mind--the only thing that does is when your money is working for you rather than you working to make it.  Dividends, business investments where you don't have an active role in the company, staking coins, etc.  Those all pass the sniff test for meeting the definition (again, in my ever-so-humble opinion that's how I see it).

And then there's the question of whether any of us are into OP's scenario.  I'm definitely not.  I gotta bust my ass raw to make a dolla an' a cent, and I'm not joking.  I wish I had enough spare scratch to invest in something that produces a sweet return.  Maybe one day, but it seems like the clock is ticking a lot faster these days.

Going to see therapist now, bye.
sr. member
Activity: 2268
Merit: 275
A few years ago I got passive income from Google adsense, at that time I had several blogs with good visits so earnings from adsense could be 5x greater than my monthly salary, unfortunately I didn't focus on taking care of the blog and making rankings on search engines go down then it's gone, I made a site since school and about 3 years started to get earning which I think is satisfactory.
What surprised me about your story is why you didn't focus on taking care of your blog properly, even though you have already felt the results and it's also very extraordinary because the results from your Google Adsense blog can beat your own monthly salary. But for some reason you don't take care of it anymore and prefer to look for something else, even though it's clear that everyone is always looking for big income in an easier way so that the focus can be maximized.

you have to understand at some point people got burned out with what they are doing even if you say they are earning good income from that side job. just take for example, those people who quit their high paying jobs. you will think that why would they quit if they already have it? sometimes it is the stress, the environment and other factors that people quit their respective jobs.
Yes, that's right, not a few people who have felt money from any business or business that is higher than their salary ignore it. I wouldn't say it's laziness, but for myself, I feel it all, things that are more profitable are sometimes not as interesting as what is our regular job. I really understand that this kind of thing should be overcome by our desire to move forward, but believe me we have thoughts like that after all is gone.
legendary
Activity: 1568
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A few years ago I got passive income from Google adsense, at that time I had several blogs with good visits so earnings from adsense could be 5x greater than my monthly salary, unfortunately I didn't focus on taking care of the blog and making rankings on search engines go down then it's gone, I made a site since school and about 3 years started to get earning which I think is satisfactory.
What surprised me about your story is why you didn't focus on taking care of your blog properly, even though you have already felt the results and it's also very extraordinary because the results from your Google Adsense blog can beat your own monthly salary. But for some reason you don't take care of it anymore and prefer to look for something else, even though it's clear that everyone is always looking for big income in an easier way so that the focus can be maximized.
I used to have a blog too and I stopped as well and I can tell you my reason, no idea why he stopped but I am guessing it could be a similar reason as well. First of all, it requires a lot of work to keep doing it, even if you end up writing just one post per day, that is a lot of work, and most share multiple posts a day, 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. So, it becomes near impossible to fight against these giants, and even when you work and spend money, you may end up not getting much in return.

Well there are two battlefields you can fight on; you can either fight on Google search pages or you can fight on social media platforms.

The one you choose will determine where you get your views from.

In particular, the fight for views with the latter route takes place on one or more social media platforms that you choose. But it is important to not think about money at all while you are trying to get users, otherwise you will derail the whole process.

Recently I have made some efforts to revive my own website, by working on a new template, but more importantly it will be primarily focused on the Youtube channel I just have sitting doing nothing. From text-only posts to text & video posts. Smiley
legendary
Activity: 2072
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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.
hero member
Activity: 854
Merit: 663
you have to understand at some point people got burned out with what they are doing even if you say they are earning good income from that side job. just take for example, those people who quit their high paying jobs. you will think that why would they quit if they already have it? sometimes it is the stress, the environment and other factors that people quit their respective jobs.
His past job was become a blogger which is there's no pressure since all the control will depends on him, he can write anywhere, so environment factor is really wrong here. Having a any jobs will have a stress, people who have no jobs have a stress too. I believe he's the main problem why his blog is gone, if he keep learning and don't get satisfied with his result, I'm sure his blog is still survive and make money until now.

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 Cheesy

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.
full member
Activity: 812
Merit: 108
Passive income is basically the same as creating multiple other sources of income at the same time.  Surely most will look for more passive income generating channels to support the main work in times of crisis like today because: passive income - less working time, less labor but creating wealth  accumulated assets.  My priority is to invest in bitcoin, gold, long-term securities for passive income, have friends introduce tiktok, sell online but it's not suitable for my work time.
Most of the passive income is created by money investment.
Yup. Passive income can be generated by investing more labor.  Passive earning channels like Tiktok, youtube, etc. are channels that need to invest more time, attention and effort.
sr. member
Activity: 1372
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Most of the passive income is created by money investment.  If we invest on stocks and some company that gives dividends.  Same goes when we buy Bitcoin as what @OP state or other token that have a staking program just like Biswap and other cryptocurrency that had been running a staking program for years now.

A few years ago I got passive income from Google adsense, at that time I had several blogs with good visits so earnings from adsense could be 5x greater than my monthly salary, unfortunately I didn't focus on taking care of the blog and making rankings on search engines go down then it's gone, I made a site since school and about 3 years started to get earning which I think is satisfactory.
What surprised me about your story is why you didn't focus on taking care of your blog properly, even though you have already felt the results and it's also very extraordinary because the results from your Google Adsense blog can beat your own monthly salary. But for some reason you don't take care of it anymore and prefer to look for something else, even though it's clear that everyone is always looking for big income in an easier way so that the focus can be maximized.

you have to understand at some point people got burned out with what they are doing even if you say they are earning good income from that side job. just take for example, those people who quit their high paying jobs. you will think that why would they quit if they already have it? sometimes it is the stress, the environment and other factors that people quit their respective jobs.

True there are people who gets tired of doing stuff again and again and they look for other option because they gone tired of making content every day.  It happen because it is not the passion of the person, if it is the passion of a person, he wil never leave it since he has been earning and doing what he wanted the most.
legendary
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A few years ago I got passive income from Google adsense, at that time I had several blogs with good visits so earnings from adsense could be 5x greater than my monthly salary, unfortunately I didn't focus on taking care of the blog and making rankings on search engines go down then it's gone, I made a site since school and about 3 years started to get earning which I think is satisfactory.
What surprised me about your story is why you didn't focus on taking care of your blog properly, even though you have already felt the results and it's also very extraordinary because the results from your Google Adsense blog can beat your own monthly salary. But for some reason you don't take care of it anymore and prefer to look for something else, even though it's clear that everyone is always looking for big income in an easier way so that the focus can be maximized.

you have to understand at some point people got burned out with what they are doing even if you say they are earning good income from that side job. just take for example, those people who quit their high paying jobs. you will think that why would they quit if they already have it? sometimes it is the stress, the environment and other factors that people quit their respective jobs.
legendary
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A few years ago I got passive income from Google adsense, at that time I had several blogs with good visits so earnings from adsense could be 5x greater than my monthly salary, unfortunately I didn't focus on taking care of the blog and making rankings on search engines go down then it's gone, I made a site since school and about 3 years started to get earning which I think is satisfactory.
What surprised me about your story is why you didn't focus on taking care of your blog properly, even though you have already felt the results and it's also very extraordinary because the results from your Google Adsense blog can beat your own monthly salary. But for some reason you don't take care of it anymore and prefer to look for something else, even though it's clear that everyone is always looking for big income in an easier way so that the focus can be maximized.
Bad decisions in life could really happen and this is where people do end up on regretting later on just because they had just missed out that opportunity.Unless there are things which they could regain it back but depending if ever it would be still a hit or had been totally forgotten.We know that even trying out to getting accepted or approved by Adsense is never been that easy.If you do see some results or progress then it is really that a huge mistake that you would really be just refocus into other things and leave it behind until you do realize that it was really that wrong on what you had done.
We are all looking for passive income which it would be understandable that we would really be doing our best to be financially free or earning more than with our main job.
hero member
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A few years ago I got passive income from Google adsense, at that time I had several blogs with good visits so earnings from adsense could be 5x greater than my monthly salary, unfortunately I didn't focus on taking care of the blog and making rankings on search engines go down then it's gone, I made a site since school and about 3 years started to get earning which I think is satisfactory.
What surprised me about your story is why you didn't focus on taking care of your blog properly, even though you have already felt the results and it's also very extraordinary because the results from your Google Adsense blog can beat your own monthly salary. But for some reason you don't take care of it anymore and prefer to look for something else, even though it's clear that everyone is always looking for big income in an easier way so that the focus can be maximized.
I used to have a blog too and I stopped as well and I can tell you my reason, no idea why he stopped but I am guessing it could be a similar reason as well. First of all, it requires a lot of work to keep doing it, even if you end up writing just one post per day, that is a lot of work, and most share multiple posts a day, 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. So, it becomes near impossible to fight against these giants, and even when you work and spend money, you may end up not getting much in return.
hero member
Activity: 2576
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A few years ago I got passive income from Google adsense, at that time I had several blogs with good visits so earnings from adsense could be 5x greater than my monthly salary, unfortunately I didn't focus on taking care of the blog and making rankings on search engines go down then it's gone, I made a site since school and about 3 years started to get earning which I think is satisfactory.
What surprised me about your story is why you didn't focus on taking care of your blog properly, even though you have already felt the results and it's also very extraordinary because the results from your Google Adsense blog can beat your own monthly salary. But for some reason you don't take care of it anymore and prefer to look for something else, even though it's clear that everyone is always looking for big income in an easier way so that the focus can be maximized.
legendary
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for something to be called passive income or investment, I think that some kind of profit would have to come periodically without affecting the initial investment. at least in theory.

That is the classic definition. Typical would be a stock that pays you dividends, but whether an investment is more passive or less passive depends on how much time you spend on it.

If you are a landlord of 100 properties and you don't work on them at all, but you hire people to run them, meeting with them maybe a couple of times a year to review accounts, you have a more passive investment than if you have two properties and you are the one who is on the phone, the one who is in charge of going when there is a problem, preparing the house when the tenants leave and others are coming, etc.

Normally a large amount of capital makes it much easier for the investment to be more passive.

As for Bitcoin, and following what I have explained, you can also get passive income, which would not be what is called typically passive income, but it does not take more work than a few clicks.

I don't know about you, but I prefer to have passive income from Bitcoin, which gives me a return of 100% per year on average or more, than from a stock that pays dividends and gives me a net 5%, or -7%.
sr. member
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A few years ago I got passive income from Google adsense, at that time I had several blogs with good visits so earnings from adsense could be 5x greater than my monthly salary, unfortunately I didn't focus on taking care of the blog and making rankings on search engines go down then it's gone, I made a site since school and about 3 years started to get earning which I think is satisfactory.
legendary
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I think a lot of you have some missunderstading not only in what the OP say and want, but also because HOLDING ITS NOT A PASSIVE INCOME.

No, I have no misunderstanding. Someone who buys bitcoin at $20k and sells partially at $40k, $60, $100k etc gets passive income, as he just has to click.

perhaps the most unclear term here is "passive investment", rather "passive income" perhaps. I certainly wouldn't call bitcoin holdings "passive" whatever.
if someone buys a house for $100k and after a year sells it for $150k. is it a passive investment?
also, after that final click, maybe there is some fiat profit, but what about the further growth of bitcoin? and what if in a year you can no longer buy 1btc, but only 0.8btc? is it then a passive investment or a missed moment of conversion to fiat?
for something to be called passive income or investment, I think that some kind of profit would have to come periodically without affecting the initial investment. at least in theory.
legendary
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I think musicians are like that too, like you release a song but every time people listen to it, you make money as well, plus when you have a concert, people will ask for that song, so the more you have, the better chance you can have songs people will listen to everyday. Books of course like that I agree, software is like that too in a way.

I mean you have to sell it, but if it is good enough, you work and build it once, then upload and then people will pay for it forever if it is good. Those type of stuff are quite important and you would be lucky to do that, but these are all things that require you to be very good at what you do, you can't be a terrible one and still make a lot of money just because you did it.
legendary
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I think a lot of you have some missunderstading not only in what the OP say and want, but also because HOLDING ITS NOT A PASSIVE INCOME.

No, I have no misunderstanding. Someone who buys bitcoin at $20k and sells partially at $40k, $60, $100k etc gets passive income, as he just has to click.

As for stocks the same thing. Typically dividend paying stocks are considered passive income but if you have a stock that pays 3% a year but loses value at 5% a year you are better off buying an S&P 500 index fund for an average 10% annual return and making partial sales in bull markets.

You are not going to tell me that making two clicks to obtain income is active, are you?

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.

How went those projects?
sr. member
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I think a lot of you have some missunderstading not only in what the OP say and want, but also because HOLDING ITS NOT A PASSIVE INCOME.

And a lot others say things about agricultural lands, man if you are not going to lease that soil to another to produce and sell the production and after that you take a part of that, its not passive if you sow work and harvest, no matter if the plant took 5 year to make to his full growth, in that time you spend work and time.

A singer can have a lot of passive income with the royalties of his songs for all his life. A lot of composer live of this. THAT ITS PASSIVE INCOME AFTER YOUR WORK.

legendary
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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.
legendary
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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 Sad
A site like this must to be  up-to-date on information constantly.... yes and finally I gave up... Cry
hero member
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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.
hero member
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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
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.
hero member
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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.
sr. member
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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.
hero member
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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 Grin
legendary
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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.
hero member
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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.


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.
sr. member
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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
legendary
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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).

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.
legendary
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Building a lasting passive income stream needs hard work, perseverance, and patience.

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.

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.

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. 

Truthfully, how many people are satisfied with their earnings these days?

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.

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.

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.

In theory the nature gives a lot for free,

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.

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.

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.

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

This is something I cannot argue with.

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.
legendary
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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.

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).

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

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).



Back on topic: one idea for passive income is to invent (and patent!) something everybody will get to use.
hero member
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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.
hero member
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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.
mk4
legendary
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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.
hero member
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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.
legendary
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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.
legendary
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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.



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.
jr. member
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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.
legendary
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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.

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.

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

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.
hero member
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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.
legendary
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I'm curious to see if some of you do such work and/or what ideas you have about it.


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.
legendary
Activity: 2576
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Leading Crypto Sports Betting & Casino Platform
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.
legendary
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Merit: 1100
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.
copper member
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https://bit.ly/387FXHi lightning theory
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...
legendary
Activity: 1372
Merit: 2017
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.

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