Top 10 passive income ideas

Invest in dividend-paying stocks and ETFs: Dividend investing is a strategy of buying stocks or exchange-traded funds (ETFs) that pay out regular dividends to shareholders. This can be a great way to generate passive income over time, as the dividends can be reinvested to purchase more shares and grow your portfolio even faster.

pen_spark
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velog.io
Dividendpaying stocks

Invest in real estate:Owning rental property can be a great way to generate passive income. You'll collect rent from your tenants each month, and your property value may also appreciate over time. However, there are also some downsides to consider, such as the upfront costs of buying property, the ongoing costs of maintenance and repairs, and the time commitment required to manage your rental property.
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www.stessa.com
Rental property

Create and sell digital products:If you have a creative skill, such as writing, photography, or design, you can create digital products, such as ebooks, stock photos, or templates, and sell them online. Once you've created the product, you can sell it over and over again with minimal effort.
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easydigitaldownloads.com
Digital products

Start a blog or YouTube channel:If you're passionate about a particular topic, you can start a blog or YouTube channel and generate income through advertising, affiliate marketing, or selling your own products or services. However, it takes time and effort to build a successful blog or YouTube channel.
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blog.hootsuite.com
Youtube channel

Peer-to-peer lending:Peer-to-peer lending platforms allow you to lend money to individuals or businesses. You can earn interest on your loans, but there is also the risk that the borrower may default on their loan.
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www.investopedia.com
Peertopeer lending

Rent out unused space:Do you have a spare room in your house, a driveway, or a storage unit that you're not using? You can rent out this space to generate some extra income. There are a number of websites and apps that allow you to list your unused space for rent.
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millennialmoneyman.com
Renting unused space

Sell stock photos or videos:If you're a good photographer or videographer, you can sell your photos and videos online. There are a number of websites that allow you to sell your stock photos and videos.
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walletsquirrel.com
Selling stock photos

Write an ebook:If you have some expertise or knowledge to share, you can write an ebook and sell it online. There are a number of platforms that allow you to self-publish your ebook.
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hubspot.com
Writing an ebook

Create an online course:If you're an expert in a particular subject, you can create an online course and sell it on a platform like Udemy or Skillshare.
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www.amazon.com
Creating an online course

Invest in dividend-paying stocks and ETFs This was already mentioned but it deserves a spot on the list since it's a great way to generate passive income with minimal effort.

It's important to remember that there is no such thing as a guaranteed passive income stream. All of these ideas involve some degree of risk and effort upfront. However, if you're willing to put in the work, passive income can be a great way to supplement your income or even replace your full-time job.