Just got a job for the next 4 weeks, as im a Student ive to pay no taxes. I will have 2500$ that i want to invest in "digital real estate" to translate it into regular passive income.
For me, "digital real estate" = websites, social media accounts etc.
Why? Because i treat websites as such, there is demand for ad place, i rent it off to the advertisers
But the Problem here is:
- many websites and social media accounts are having fake traffic, theyre getting artificially inflated to sell them at a higher price
My idea to solve that Problem:
1. Ask them to visit google adsense and Show last earnings (a video so it cant be easily faked via photoshop)
---> googles algorithm detects EVERY fake traffic --> im safe, real traffic
2. Buy 10 pages for 250$ rather than 1 for 2500$
Im a newbie, i need to learn more html before i do this aswell
And im a newbie at buying websites.
How it gets passive income?
1. User generated Content on the site
2. A bot that collects data, processes it , changes it up so it still makes sense(the difficult part, but i already know how im doin this), puts it automatically on my website (best example: news website)
Is my way of thinking, the process of buying a website correct and flawless or is there more to consider?