Top 60 Passive Income Ideas
20) Rent Out Your Bandwidth
Yes, it's possible to rent out your excess bandwidth and generate a steady stream of passive income. There are many services which pay you money for your internet capacity....
19) Rent Out Your Parking Space
You know that parking spot in front of your house? Maybe it's your driveway. Or just a part of a driveway. It just sits there, unwanted and unused.But what if you could make...
18) Buy Established Websites
In a previous post, we elaborated on how flipping websites can be a lucrative investment. However, there are plenty of websites worthy of keeping indefinitely and enjoying the income they provide...
17) Ethereum 2.0
You’ve seen the headlines— Ethereum's price is on the rise because the Ethereum 2.0 network is here and the bridge to the new format has been deployed. You’d like to join the party...
16) Buy a YouTube Channel
One method gaining popularity in recent years is buying an established YouTube channel. This strategy allows you to tap into a channel's existing audience and monetization potential...
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15) Yieldstreet
Recessions are inevitable, as they are a recurring economic phenomenon. And for most of you reading this, this economic recession isn't your first rodeo. One thing we've learned from previous downturns is to plan for uncertainty...
14) Play Video Games on the Blockchain
We had shed some light on the exploding market of non-fungible tokens (NFTs), which is where digital art and other collectibles are selling for hundreds of thousands of dollars...
13) Turning “Boring” Businesses into Gold
A “boring” business is one that's not flashy or exciting, but profitable and stable. They make great acquisition targets...
12) Selling Templates
Squarespace is just one of the many options to start a template side hustle that can become a full-blown business...
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10) Buy and Rent Out Storage Units
Storage units have become an increasingly popular way for people to store their extra belongings. This growing demand for storage makes storage units an potentially lucrative investment for generating rental income....
9) Provide Network Coverage
The Helium Network is a decentralized wireless network built on the concept of providing long-range, low-power connectivity for Internet of Things (IoT) devices...
8) Stake Cryptocurrencies
Cryptocurrency continues to be a source of mystery and fascination for many. Most investors who get into this market understand there's a lot of upside and potential for healthy gains...
7) Sell Covered Calls
We don't write much about buying stocks and other traditional investing on this platform. This is for several reasons, including the fact that there's often higher risks involved with assets like stocks...
6) Buy Tenant-Occupied Homes
These days thriving on a single income source is very difficult. We all need sources of passive income to help make ends meet and take a breather. Plus, if you have the aptitude and drive, you can build these streams of income...
5) P2P Lending Programs
Peer-to-Peer lending platforms, like Prosper and Lendingclub, are a popular option these days among borrowers and investors alike. For borrowers, strict rules hold them back from acquiring financing from banks...
4) Investing in Vacation Rentals
Investing in vacation rentals can be an excellent way to earn passive income. With Get.here.co and other sites like VRBO and Vacasa, you can list your property and start earning money, hassle-free...
3) Non-traded REITs
A REIT stands for Real Estate Investment Trust. It has to pay 90% of its annual profits out to investors. This payment is called a dividend. Only 10% of its profits are permitted to be invested back into the company...
1) Artificial Intelligence
We are barely in the beginning stages of an enormous, world changing movement, one that will only accelerate over the next decades, if not years. Its progress is exponential. Its abilities are infinite...
