6 Passive Income Ideas That Normal People Can Do

Impressive, i made $500k from multiple income streams with the help of my FA Emily Lois Parker, i hope this inspires someone to stop slacking off and save to invest for early retirement. Personally, i'd rather be in hawaii living off dividends with my husband than working the rest of my life when i could have invested in long term high yield etf's, as for me i have personal stake in APPL, TSLA, NVDA along with ABBV and KO when i focus on dividends. Goodluck

I’d say at this point, you gotta have cash on the side and exposure so that you don’t completely fumble during bearish times, just to come out with nothing but buying bags too high later on. Not a financial advisor, just my two cents of advice.

Excellent video!!! Well worth watching & saving.

Thanks for sharing.👏🌹💯

Hey there! Just wanted to remind you that it's never too late to start taking your investment journey seriously. I remember struggling for years before diving into crypto last year. And let me tell you, it completely changed my life! So don't lose hope, my friend.

Plus, the compound interests in that $750 dividend IS life changing come retirement!

I found some more passive income:

Generally all the videos mention those and the same ways of passive income, here are others in my opinion:

- selling everything I no longer need. Do I have an old watch that doesn't work? I'm selling. 10-year-old TV? Get rid of it immediately. I don't need the MMA protectors ? I'm selling. It's not income per se, but I have at least some of what I don't use. This makes me about $1,000 a year.

- being on the board of the HOA/ paid public positions in your community or town that nobody really wants to do. It's a little bit of money, and you have to work a little bit, but it's extra money. Warning: these positions are usually held by very toxic and incompetent people, so don't promise anything until you officially get the position, and be prepared to fight/resign quickly.

As far as the ETFs are concerned - yes it is passive by definition but at the price of risk, if you need the money, the investment may not do well and you may end up in loss.

might I add that you might need to save rapidly in order to keep up with the depreciation of currency

I dont believe in living below your means if you ask me... it could trick your mind to stop doing well... maybe a new source of income will cut it.. I like a challenge!

I'm sorry to say but you're giving misinformation Dividends are not extra money and lower the value of a stock

Be a broker to start your next boss or something.

A lot of dividend companies have dividend reinvesting which results in compounding so your dividends and value increase over time.

Austin, I understand you like to get comments but you really should take down the bullshit scam investor with Joanne Claire comments

I've come to realize that the key to amassing wealth lies in making sound investments. I purchased my first home at the age of 21 for $87,000 and sold it for $197,000. My second home, acquired for $170,000, was later sold for $320,000, and my third property, purchased at $300,000, fetched $589,000, with buyers covering all closing costs and expenses. Not reaching a million before retirement feels like an unfulfilled goal.

good stuff!

Lol slight critique for the ending.
Those two men both have 0 dollars left over. One just invested his money in non-depeciative assets.
In my experience, the person wasting his money on materials is happier at first. Lol

Money making interest and dividends 24/7 even while sleeping is the best. Passive income is awesome.

With world markets tumbling, inflation soaring, the Fed imposing large interest-rate hikes, the treasury yields rising rapidly, markets manipulations, and many other factors makes me wonder if people still make profits from all these investing BS of tying money.

All your content is evergreen.

Wouldnt it be better to invest in a global index fund like the All Countries World Index? There is also an economy outside of the US. If you live in the US and work in the US its maybe not a bad idea to have at least some of your investment outside of the US to not be fully dependent on one country

Thanks for sharing these great ideas.

I've been researching investment brokers and I'm really interested in working with someone trustworthy and reliable. With the recent market downturn I'm looking for a broker who can help me turn things around and make a profit Can anyone tell me about their experiences with any investment advisor..

I like your last passive income idea. Living below your means can actually bring a lot of benefits to your future especially during your retirement years.

3 minutes in and there is no mention how passive income relates to a 15.3% self employment tax

Passive income comes in the name of OX! You're able to mine your own assets with the use of your phone and your own features is what sets you apart from others. Your likes and dislikes. Your preferences. It's amazing! Don't miss out on this!

Thank you 🙏🏼

Well, many people right now are aiming for financial freedom! I do mine OXIT and hold it for the bull run I feel that this will give me a huge income. Also, they have NFT Fridays on where you can attend.

The idea of index investing is like planting seeds that grow into a money tree without having to break a sweat.

What if you are not normal? I live part time in a padded room

Before you start investing, it's crucial to understand the basics of investing, different asset classes (stocks, bonds, real estate, etc.) and the associated risks. Are you investing for retirement, buying a home, or building an emergency fund? Your goals will help shape your investment strategy.
Don't put all your eggs in one basket. Diversification means spreading your investments across different asset classes (stocks, bonds, real estate) and within those classes (different companies or industries). This helps reduce risk.

None of your mentioned ideas are count as passive income, investment doesn’t count as a passive income, nor is spending less.
They’re just some good ideas about saving

Creating wealth and gaining financial freedom isn’t as difficult as lots of people think. Through the right information, building wealth and staying financially stable forever is way easy. Investing is the only true way to earn a great income and staying wealthy forever..

Great content! Investing is surely a great way to GO!.. I started with less than 120k in 2021 and today I own a 7-figure portfolio from Stocks and Fx.

Who can I pay to just do this 4 me

this is probably the only video i've seen with passive income ideas that are actually realistic. most passive income videos are about publishing garbage books on amazon.

Its been an astounding Journey from when i had to loose a lot without a decent profit to now turning a Modest $500 Investment to a Remarkable $2500, Fueled by Steady Weekly Returns

and u tube vids

Great video! I really do have a question. For someone with less than $10,000 to invest, how would you recommend we enter the crypto market? I am looking at studying some traders and copying their strategy rather than investing myself and losing money emotionally. What’s your take on this approach?

If I’m self employed/have my own S-Corp and pay myself as a W-2 employee, can I do a 401-K match as the employer and invest also as an employee? Would that even be smart?

Lol define normal

That's an exciting journey you're sharing! While your path may be different from my Airbnb investing strategy, the principles of financial freedom and smart investments remain universal. We run a faith-based channel that focuses on AirBnB rentals as passive income and believe our content aligns well with your audience. Let's explore collaboration opportunities that resonate with both our communities.

With your help I earned a lot of money. Thank you for this!!!!!!

In other words. In order to generate money without working, you must save part of your income and invest in stocks.

Thanks alot for this great information

Amazing video, we all truly have been poorly educated about passive income, I focus on AirBnB investing without banks, I would love to do a collaboration video with you, I think our ideas could really cross pollinate!