Top 40 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...
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) CeFi
For over a decade now, cryptocurrencies and its underlying technology, blockchain have been shattering our traditional notions of money and value. Now, with the advent of DeFi (Decentralized Finance), our notions of...
12) Lend Out Data of your DNA
With the pandemic muscling its way through the globe and covid news dominating the science section of every newspaper, it's easy to forget all of the great technology on the horizon...
11) Dropship with Aliexpress
Needless to say, e-commerce is thriving. While dropshipping isn’t a new trend in online B2B and B2C categories, it is certainly a growing way to achieve passive income...
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10) Credit Card Arbitrage
To fully appreciate this article, it's important to understand what arbitrage is. Arbitrage is the practice of taking advantage of the difference in prices of assets within two or more markets...
9) Warrants
First created in the 1920s, a warrant is similar to an option, except for the fact that it's issued directly by the company, while an option is offered by the central exchange. A warrant is designed to give the holder...
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) DeFi (Decentralized Finance)
The promise of cryptocurrency is its ability to enable anyone with the internet to make payments literally from anywhere cheaply and without the need of a centralized bank. It's completely trust-less without boundaries...
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...
