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Heres a list to get you started down the street of passive income. #passiveincome #investing Click to converse 4. Bond InvestingWhen you invest in bonds, you are purchasing the debt owed by governments or other entities, meaning you have in impact loaned money to the entity in exchange for interest payments and also the promise of repayment at a future timethe maturity date.In general, bonds are more conservative investments than stocks.
Both of these financial services companies promise a 5 percent annual return to investors who purchase their bonds.Your money is then loaned to small business owners at a much higher interest rate. You can feel good that you are helping a little business to growand Street Shares in particular works to lend to veteran-run tiny businesses, making your financial aid especially meaningful.Your $10,000 investment in a bond that offers a 5 percent annual return will give you $500 in passive income every year.Average Yield: MediumLiquidity: LowRisk Level: Low5.
In peer-to-peer lending, borrowers and lenders skip the banks, and a middle-man company manages loans out of people to additional people.Money is lent, money is borrowed, money is paid back. And debtors are more likely to pay back their loans since they know they are paying individuals and not some faceless bank.As a lender, you determine how much money you want to invest, build a portfolio of loans (small amounts spread across many loans), and sit back and rake in the returns.There is some danger involved though, so be clever about how much money you invest here.
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Real Estate CrowdfundingReal estate crowdfunding is where a bunch of investors can pool their money in a job and share the profits. This resembles property syndication, where groups of investors pool their money to provide the down payment on a property.Since its technically illegal to market partnerships and projects, it can be tricky to find partners for syndication.Thats where real estate crowdfunding has come in.
Equity CrowdfundingEquity crowdfunding is a relatively new approach for generating passive income. This kind of crowdfunding allows upstart businesses to fund their business idea with a small, unregistered public offering, using a number of licensed investors.In addition, certain crowdfunded businesses can take on investors other than the traditionally defined accredited investors, so long as those investors meet these rules:They invest not more than $2,000 or 5% of the net worth or income annually if their net worth or net income is less than $100,000They can only invest $10,000 in a time not to exceed $100,000 annually if their net worth or net income is higher than $100,000. The potential returns on this kind of passive income stream have a vast range of possibilities, from total declines to eye-popping gains.After all, 50% of all startups fail in the first year.
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Cash from Credit Card RewardsCredit card companies offer all kinds of money back rewards, so why not utilize them to create a passive income stream for yourself There are a number of ways for creating income using credit card benefits:Use gift cards to shift your spending.Lets state you own a credit card offering 6% cash back at grocery stores.
You can just purchase gift cards for your purchases you'll be making and rake in the cash back.Maximize your bonuses.Signup bonuses are one of the most effective ways to earn rewards quickly.However, to be eligible you generally need to spend a certain amount on your card within the first couple of months.
If you cant achieve the threshold, youve lost your chance to receive the signup bonus.Before signing up, examine your planned spending during the signup period. Dont make additional purchases simply to get points, particularly in the event that you cant pay off the balance when the bill comes.Take advantage of business rewards cards.Can you apply for a business credit card even if you dont have a business Sure you can!Simply enter your Social Security number for the Tax ID number and use your name as the company name, just as any sole proprietor could.
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Leasing Your Own StuffAnything you own can become a source of passive income. Have a car, home, desirable parking area, professional-grade digital camera, tuba, weed wacker, or other resources you could rent (i.e. rent out) to someone else Then dont let these things simply sit. Have them official site make some money for you!Platforms such as Turo, Airbnb, CurbFlip, and Fat Lama, can help connect you with people who want to rent everything you have.Generally, these kinds of systems charge a small fee to help get you the renters who will supply you with ongoing passive income.Average Yield: LowLiquidity: LowRisk Level: LowRelated: 37 Most Reputable Money Making Websites (No Investment Needed)10.