How much passive income do you make and how?

Matta28 said:
I use 3commas for crypto
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3commas just had an issue losing billions of dollars to hackers claiming that they were compromised and then the hackers released info indicating that 3commas purposely leaked the API keys. I'd steer far away from them.
 
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I make like 1k monthly but i endure to much for this income ,had a lot of failures ,need lot of patience etc .I make this by building an email list
 
It's great to see that people have different strategies and techniques to generate passive income online. Some have built a digital business that generates money with few hours of work per day and it took them 5 years to reach that point, while others have generated $500+ from their old youtube channel and some are still working on building their income streams. It's important to note that building a sustainable and profitable online business takes time and effort, and it's not an overnight success. It's also important to focus on providing value and creating high-quality content and services. Backlinks is one of the ways to increase website visibility and search engine rankings, it can be a part of the strategy to generate passive income.
 
Oliverolie1012 said:
I make 200$ per month. At first I started to use Canva and etsy. I created designs and then started to sell them. Then I found pawns.app which I use now aside from Canva and etsy. It’s actually very easy to use (pawns.app) - filling out surveys or just sharing your IP from how many devices you want.
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where do you sell them?
 
coolsheet said:
My income used to be mostly passive. Reselling services, and hired a family member at $25 an hour to manage all of the sales, support, and some website stuff. I just managed the marketing.

But now I've shot myself in the foot with an AK-47 and decided to be an agency and Im working harder than ever. I miss the passive stuff
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coolsheet said:
My income used to be mostly passive. Reselling services, and hired a family member at $25 an hour to manage all of the sales, support, and some website stuff. I just managed the marketing.

But now I've shot myself in the foot with an AK-47 and decided to be an agency and Im working harder than ever. I miss the passive stuff.
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Can you employ me for $2.5 an hour I will do any service you want me to do for your business from home while learning on the job.
 
I'm buying a house with a mortgage and using the rent to pay off the loan. Once I own three houses, I won't need to add any extra money for the mortgage, as the houses will be paying for themselves. When I have enough, the rent will become my passive income. It's a long-term investment plan, but I believe that I will have a significant passive income at the age when I need it.
 
I make around 300$ from YouTube channel. Mostly the whole content of channel is outsourced.
 
Best example of passive income is rental income. For websites, there is always some effort required on maintenance.
 
lotsofmoney said:
Best example of passive income is rental income. For websites, there is always some effort required on maintenance.
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Buying REIT is more passive than that. Real estate can be sketchy and selling in a downturn can be difficult. Buying shares of a REIT is truly passive income and you'll never have an issue selling them. Right now with the dollar being inflated and rate hikes, I moved everything I have to MPLX (an oil stock, not a REIT) and it pays about a 10% dividend.

Even with these investments it's still work to know whats going on in the market. But dividends are as close to passive income as it gets
 
I generally, refrain from discussing specific figures about my personal finances. However, I can share that I do generate passive income through a few different channels. These primarily include SEO Services and our e-commerce Leather journal website which has good organic traffic and getting good passive income
 
coolsheet said:
Buying REIT is more passive than that. Real estate can be sketchy and selling in a downturn can be difficult. Buying shares of a REIT is truly passive income and you'll never have an issue selling them. Right now with the dollar being inflated and rate hikes, I moved everything I have to MPLX (an oil stock) and it pays about a 10% dividend.

Even with these investments it's still work to know whats going on in the market.
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I have not heard such option being available in my country.
 
£650-£800 per month, Spotify botting

Runs while I sleep :cool:
 
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