Passive Income Investments
Let us today discuss that, which are the passive income Investments? But before that, I strongly advise you to read the basics of Passive Income and how it works: Passive Income Definition.
Basically you can Invest 2 things.
01) Money &
02) Time.
Or you can Invest both. Most of the people in this world don’t know that they can Invest time also and because of this lack of knowledge, they struggle financially. Now, How can you Invest Time only? Well, Take the example of myself.
This Blog is my Investment of Time Only. I have never invested money in this Blog. I have just invested my time in writing this Blog. (Of course, I have to pay my Internet Bill every month). Every day I Invest 5-8 hours behind this blog since last more than one and a half years. And today this Blog is making more than $ 100 every month as a passive Income every month for me even if I don’t work on this blog. This is known as Investment of Time only.
Now, when ever you are investing your money in the Mutual Funds, you are investing money only. Means you hand over your money to the professional money manager and he picks the best stocks for you. Here you Invest money only to generate a passive income.
Now, Take the Example of Warren Buffet or Rakesh jhunjhunwala. Both of them are Investors and they Invest their Money & Time both behind doing the Investments and they make more money than everyone else in this world.
Anyway, Here are some Investments that can generate passive Income for you.
- Dividend Stocks
- Interest Income – Bonds, FDs, Debt Instruments
- Rental Properties – Rental Income
- Businesses
- Online Assets – Blogs, Forums & Websites
- Intellectual Properties – Books, Music & Movies
Thus, all of the above are the Passive Income Investments. You can invest your time or money or both in these investments to grow rich…!!!
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