⭐⭐⭐ Need your ideas to make a passive income stream ⭐⭐⭐⭐

Hi guys, Let's say like this.

Currently I have hard earned 3000$ in my pocket. Any good ideas to invest that amount in some business to make passive income stream for me in upcoming years.

I can learn, and work also for any kind of good plan. But I need to select a good working plan.

give me some good suggestions with your own experience.

Thank you so much guys

Affiliate sites are probably the most common.

Otherwise something like a social media bot, but I guess that would require a little bit of maintenance.

AFFILIATE MARKETING......YOU COULD FIND SOMEONE THAT HAS KNOWLEDGE BUT NO RESOURCES AND WORK WITH THEM WITH YOUR RESOURCES.......LIKE ME

DunderMannen said:

Affiliate sites are probably the most common.

Otherwise something like a social media bot, but I guess that would require a little bit of maintenance.

Click to expand...

when talking about bots have a thought about creating my own web tools ( like useful for commerce ) and sell it for monthly subscription likewise. I don;t know it's a good or bad idea.

I can only tell you what I would do in your situation. I do have a background in Amazon and Kindle. I would find a niche that was hot and where self published authors are selling a ton of books. Probably it would be romance, erotica, mysteries, thrillers. I'd then go to Upwork and find some good writers with some history in ghostwriting.

Basically I'm talking about outsourcing. Once your books are published, the income is passive. However, you need to reinvest because those books aren't going to sell big forever. Good writers will work for reasonable rates as there is a lot of competition on Upwork. With 3K, you could get things kicked off pretty quickly. Actually it wouldn't take anywhere near that much money. Be careful and good luck.

I do agree that ebooks could be a good source of money. If you have content people want to read, then you can do well. Find a good content writer to help you out if you can not write yourself.

ZoroBegins said:

Hi guys, Let's say like this.

Currently I have hard earned 3000$ in my pocket. Any good ideas to invest that amount in some business to make passive income stream for me in upcoming years.

I can learn, and work also for any kind of good plan. But I need to select a good working plan.

give me some good suggestions with your own experience.

Thank you so much guys

Click to expand...

Put into the BANK and earn interest....Almost ZERO risk free

That is sufficient to start in traffic arbitrage. Once setup you just need to manage it and can scale by re-investing some of the profits.