We’re not talking about stocks or bonds with these passive income investments. I’m sharing three passive income streams you can invest in to start making cash flow immediately. No waiting and big returns. In fact, I made a 10x profit on one of these passive income business ideas in less than a year. Part two of our ultimate guide of passive income ideas https://www.youtube.com/watch?v=rDM00d-q0vA&list=PLjsZ3KrTlZoyRxGJcN_6BbdDOx53Uyqxx&index=1
I hate when people on YouTube talk about passive income investing then tell you to invest in dividend stocks or other traditional investments. Sorry, I just don’t consider that passive income. Maybe you don’t have to do anything for the cash flow but the returns suck compared to other passive income sources.
That’s why I’m revealing my three favorite passive income investment ideas for legit income that will earn you multiples on your money. The best part is that almost nobody knows about these three investment ideas.
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I don’t talk about it in the video but I’ve also created a free affiliate marketing checklist to help you make money with this online income source. Download the free checklist and watch the two-video series for everything you need to start making money online. https://myworkfromhomemoney.com/free-affiliate-marketing-checklist/
In this video, I start out by breaking that myth of easy passive income with a blog or other online sources. I show you how long it took to make money on my blogs and reveal the idea behind this passive income investing strategy to speed up the process. Then I show you proof with an actual investment I made to create passive income immediately.
I’ll also detail step-by-step the three best passive income streams you can invest in and get off the ground fast. After the video, you’ll know how to make your money work for you and make returns well over any stock investment. It’s all about creating income generating assets but letting someone else do the hard part for you. I’ll show you how to break the cycle of frustration among online entrepreneurs to generate passive income today.
1:05 How Long it Takes to Make Passive Income
2:20 How I Flipped a Website for a 900% Return
3:25 How to Buy a Blog as a Passive Income Investment
6:48 The Passive Income Investment Nobody Knows About
9:55 My Favorite Passive Income Idea
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Joseph Hogue, CFA spent nearly a decade as an investment analyst for institutional firms and banks. He now helps people understand their financial lives through debt payoff strategies, investing and ways to save more money. He has appeared on Bloomberg and on sites like CNBC and Morningstar. He holds the Chartered Financial Analyst (CFA) designation and is a veteran of the Marine Corps.