![]() ![]() This score, of course, is just based on my personal views and experience.īut the question you need to ask yourself is: Every passive income idea can generate an amazing gain (or very little if poorly executed or dependent on external factors). TIME: How much time will you need to put in, which could be research time at the beginning or actual work to set up your passive income stream? This will also depend on your risk tolerance. RISK: The risk you will need to take (including the danger of losing your money). ![]() INITIAL INVESTMENT: The amount of money you need to invest to generate a significant income. Some of these passive income strategies require more work than others upfront, and some come with financial risks that you will have to evaluate before jumping in. 31 Best passive income ideasīelow you will find all the passive income ideas I researched over the years (including the things I am doing today to build my own revenue streams). Whether it will come from a product or investments, you need to have the motivation to create it in the first place!īut if you put in the hard work and do your research, it is possible to make money while walking in the park or sipping a margarita on the beach. Passive income is not EASY: it takes time and hard work to build. Your job isn’t 100% safe, and generating money passively will give you more security.īut there is one thing I want you to remember that I learned during these years:
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