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How to make Passive income in 2021 | $100 Per Day

How do you make $100 per day, in passive income without doing anything? Here are 5 different ways.

How to make Passive income in 2020 | $100 Per Day

Segway: but I think starting with one is the best way and then step by step creating more streams of income: and stick to the end of the video, ill tell you exactly how much you’ll need investing to actually bring in this much money.
1. Investing in Stock Market: you can do growth stocks, or dividend stocks or my favourite ETF investing
Story:
- I started out by investing into Acorns, an investment app
- I invested $7.60 back in December 2018, and now that money has grown to $10,500 bucks because I consistently but in at least 5% of my income
- So starting small is still pretty solid

Example:
- I recommend Acorn for long term investing, that get an average of 7-12% per year
- I recommend dividend stocks for people that want more dividend but are also willing to take more risk ( because the company fails then it's done)
- I recommend growth stocks for people that are interested in growing their money and then eventually selling.

But….Also, understand the game before investing. I have a video breaking down acorns
Link: https://www.youtube.com/watch?v=bSFwHSrq4Lw
2. Investing into Real estate: physical or invest thought the market by investing in Reits, you can also do on of those crowdfunding apps but I don’t recommend it ( I’ll tell you why in 30 seconds)
- But basically, right now I'm in the process of learning and also looking at homes
- I should have around 181k by January 2021 for real estate investing
- And start getting some rental income

Example:
- ETF Real Estate VNQ: I get to invest in different types so real estate, building, hotels and more. ( which means I'm diversified and also get a 3.35% Yield on my investments.
- Physical Real estate: I don’t own any yet, but I'm currently saving up for the down payments, and also taking a course and learning more.

Btw: I do own this ETF through my Acorns Portfolio and I don’t recommend the apps for the lack of liquidity when it comes to selling your investments.

Landa: https://www.youtube.com/watch?v=S8Z-LjyM7eI
Fundriser: https://www.youtube.com/watch?v=hRxI-lJvPgY

3. Build a System Business: a lot of upfront work but eventually its passive
- I'm an Accountant also and I help a few clients around 30
- Some have barbershops, some trucking business and have normal jobs
- But I have noticed that most businesses can be converted into passive income dreams

Example:
- Trucking business: Currently has one truck, but is working on his second, which will earn more income passively.
- Barbershops: One of my clients got his second barbershop and now the one is managed passively.

Tip: It's about having a business, learning in and out, and then expanding and having made your money.

4. Youtube / ( google Adsense )
- A lot of upfront work to be honest
- I’ve made videos since I was 12 and now I make 15k per month just from youtube and depending on when watching this video I have over 100k subs.
- but it takes work

Example:
Ever Video you make on YOutube can become a passive income Dream
- You make the content once, but it out and it gets constant flows if you did the right formula
- I have 404 videos I think posted on youtube and if each of those videos makes me a $1 per day, then that’s 404 bucks per day
- Not that bad all

But: just remember to diversify and learn your craft

5. Investing in educations
- I know its corny but its true
- This didn’t just make me $100 bucks per week but it made $766 per day
- Because Knowledge is key

Example:
In the course of around 3-4 years, I've read over 200 books and watched a ton of videos
- And all of that has given me a new way of thinking
- The key is, knowledge is the cheat code to solving problems, and solving problems is the key to making extra money.

Soo. This year I invested 300 bucks in a real estate course, and I’ll keep investing more.

Ps. The name of the game is getting rewards but don’t go into massive debt, so don’t overspend.

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18 февраля 2020 г. 9:57:25
00:15:43
Яндекс.Метрика