How To Make Passive Income In 2020 (The Truth)

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Today we are covering 5 ways that you can make passive income with great returns in 2020!

1:13 – #1 Investing In ETFs… An Exchange-Traded Fund (ETF) is a fund that owns a variation of assets​ from third parties. These include virtually all asset classes ranging from traditional investments to alternative assets like commodities, currencies, stocks or bonds, etc. As the investor, you invest in these just like any ordinary stock on a stock exchange.

2:43 – #2 Investing Into Small Businesses… You might be thinking “that doesn’t seem very PASSIVE.” It all depends on the type of business you invest in. The goal is to select a business that is fairly automated and requires little to no operational tasks on your end. Businesses like laundromats, carwashes, or even landscaping companies! Something where the company can basically function day to day without needing you to do much.

5:26 – #3 Investing Into Real Estate… This is one of my absolute favorites! I’ve always loved that real estate is a tangible investment— You can feel, touch, smell it. You know it’s there. Real estate has great returns, ESPECIALLY if you buy at a good price. One of the best ways to invest in real estate is to purchase a duplex, triplex, or quadplex. The reason these are so great is that you can live in one of the units and earn rental income from the other tenants. Real estate is A GREAT form of cash flow!

8:44 – #4 Social Media… YouTube, in particular, is a great social media platform that can get make you a pretty a nice cash flow. If you do the initial channel setup yourself, it may take slightly more time / money. However, you can also actually BUY channel like a Fortnite, Top 10, or other Creative Commons channel that is already set up. Then, you essentially just get VA’s to run the backend of posting and you just collect the income from YouTube ad revenue. Obviously you can also have a regular channel talking about how to do different things, similar to my channel where I talk about Personal Finance, The Stock Market, Real Estate, Passive income etc… But this requires you to be in front of the camera.

11:42 – #5 ATM Business… Another personal favorite of mine! I’m sort of biased because I am in this business myself. But the ATM Business has been one of the easiest businesses to get started in, to manage, and to make a profit in. The upfront cost is under $3,000 and if that’s too much, there are even more ways to get into the business that don’t involve directly owning and managing the machine yourself.

I hope you all got a lot of value from this video! These are just 5 of SEVERAL passive income opportunities to get started in in 2020 that produce really great returns. Let me know which of these sounds like something you’d like to get into and I’ll be sure to make more videos on it for you!

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DISCLAIMER: Austin Zaback and guests of his videos are not financial advisors. All strategies, tips, suggestions, warnings, and recommendations included in the videos are from personal experience and are intended for educational purposes only. Austin Zaback and guests of his videos do not guarantee any particular results and, as with any investment, risk should still be considered. It is essential for viewers to perform their own due diligence and/or seek the counsel of a financial advisor.

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Cody Voelker says:

So many different ways! Love it

Fatma Yildiz says:

Austin can u help me please i really need help

Arickia Hunter says:

YouTube me please 😁

Youssef Halim says:

Hey, Austin just found your channel & subbed. Great content keep it up! started actually posting similar vids. Let me know any way I can help!

Enkh Batt says:

Early squad?

Naya Avon says:

I want to start YouTube but getting the equipment and growing on this platform is vv difficult

Jade says:

Ok Austin, let’s see….

Logan says:

wanna be friends?

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