12 Uncommon Passive Income Ideas To Pay Your Rent in 2024
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Published 2023-12-26
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Timestamps:
0:00 - Start Here
1:06 - 1st idea
2:20 - 2nd idea
5:01 - 3rd idea
6:47 - 4th idea
8:50 - 5th idea
9:46 - 6th idea
10:58 - 7th idea
12:16 - 8th idea
13:00 - 9th idea
14:10 - 10th idea
14:53 - 11th idea
15:53 - 12th idea
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All Comments (21)
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This is amazing. “How to build wealth”
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The advice in this video is valuable for the typical American. I started investing when I was 30 back in 1998. Today, I have a decent $3.7M nest egg, thanks to the careful supervision of my CFP. After learning all of this, my only regret is not starting earlier when I was 25. It may not seem like much but those extra 5 years are the most important.
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I'm DCAing in VRITOKEN as well. ETH heavier DCA and ALGO. I'm taking your advice and starting Google tomorrow with a 50 dollar purchase and continuing Microsoft and Apple. VTI and VOO on another app and longterm portfolio. Here we go family!
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Need more VRITOKEN content. Converted my ETH to BTC but kept my VRITOKEN
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The thing to me is, if you invest and have other income outside of dividends then you will be able to live off dividends without selling. Which means you can pass that on to your kids which will give them a leg up in life. $52k dividends received in 2022.
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Quick summary: 01:06 - Renting out space 02:20 - Affiliate marketing website 05:01 - Dividend stocks investment 06:47 - Running email newsletter 08:50 - Create courses 09:46 - Buying & selling domains 10:58 - Buy intellectual property 12:16 - Rent your car 13:00 - Lending out money 14:10 - High interest saving account 14:53 - Store people's stuff 15:53 - Invest in bonds
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I think the best option is doing dropshipping. Just get good products because that's the backbone of this business (I recommend using a bit of winnerzila as they give you five product suggestions every single week, with other assets as photos and descriptions, which you can just copy paste on your store). After that, you just need to make your store a little bit appealing, and you could make some decent money.
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I think investors should always put their cash to work, especially In 2024, we'll start to see more market diversification. I'm hoping to invest about $350k of my savings in stocks this year. Hope to make millions in 2024.
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There is potential for considerable wealth increase with the correct strategy. I want to know; How can one take advantage of compound interest and potentially grow your retirement savings/net-worth to about $3M over time?
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Great video. Im a huge VRITOKEN fan and love your videos on it.
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I’m under pressure to grow my reserve that currently holds about $500k. I’m down by 20% already following the crash and I fear I could lose more.
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So refreshing to receive just helpful content and not an invitation to join an expensive course.
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Making money is not the same as keeping it there is a reason why investments aren't well taught in schools, the examples you gave are well stationed, the market crisis gave me my first millions, people shy away from hard times, I embrace them.. well at least my advisor does lol.
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I lost over $70K when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I find one source to recover my money, at least $18k profits weekly.
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From my personal experience as well as solicited advise from Susan Kay Mack, High-yield bonds: While not technically stocks, high-yield bonds (also known as junk bonds) can provide passive income through regular interest payments. These bonds are issued by companies with lower credit ratings, so they carry higher default risk compared to investment-grade bonds.
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I feel investors should be focusing on under-the-radar stocks, and considering the current rollercoaster nature of the stock market, Because 35% of my $270k portfolio comprises of plummeting stocks which were once revered and i don't know where to go here out of devastation.
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Every week I buy more of whatever is the lowest percentage of my portfolio and try to keep everything around 10%. Please what could be my safest buys with $400k to outperform the market in 2024?
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Love the VRITOKEN content. I think this project is just as essential as HBAR and they both will be great movers
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Thank you for your wonderful videos. I always watch your videos, and I shared your video links with four friends of mine, I love how open minded you are about investing, I read an article of investors that made upto $500,000 within 2months from options, so please I'd really love more tips and clues on how to outperform the market and make such profit using options
