Ever wonder how to make passive income? In this video I will share with you how I made $18,000 from my passive income ideas for July 2020
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My passive income can be broken down into these categories to simplify.
First Dividend Income from investing in stocks I was able to receive over $900 which is consider the truest form of passive income as it comes in well you sleep and I recommend everyone having a diversified dividend stock portfolio!
Second making money online for passive income can be done with websites and YouTube. This month I generated over $1,000 from these combined income sources. Now one could argue this is not passive income but it requires minimal effort once set up and can be done from anywhere in the world!
Third content licencing is something I have be trying to utilize for passive income by selling old content ive made for T.V & Netflix shows.This month I was able to make $1,200 In passive income well also appearing on shows without having to show up!
Finally and most importantly the majority of my passive income came from capital gains generated from my stock portfolio equaling over $15,000 thanks to my investments in companies like Tesla, Apple & Facebook!
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This is a reminder I am not a financial adviser and this video is for entertainment purposes only!
#Investing #PassiveIncome #Dividend #Stocks