How to make $ 1,000 a month without doing extra work.
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December
16, 2020
2 min read
This article was translated from our English edition.
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The opinions expressed by the collaborators of Entrepreneur they are personal.
In this video, financial advisor Jeff Rose provides ten strategies for earning passive income on a consistent, monthly basis. These strategies are:
1. Real estate, either renting your property or investing in a property to rent on platforms such as Airbnb.
Image: Depositphotos.com
2. REITS (real estate investment trusts) private or online.
3. Peer-to-peer loans through platforms like Prosper.
4. Stock dividends individual or ETF.
5. Bonds, though interest rates are low at the moment and can lock your money for ten years or more.
Image: Depositphotos.com
6. High Yield Savings Accounts (online), although the interest rates for these are also very low, but even a rate below one percent is better than nothing.
7. Cryptocurrency savings accounts, which are more risky but currently generate high interest
8. Affiliate marketing: share products and services you like and get paid through links on your website or YouTube channel.
9. YouTube, by posting videos that will continue to generate revenue long after you’ve posted them.
Image: Depositphotos.com
10. Digital products such as email challenges, PDF, e-books, online courses, etc.
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