$6,500 A MONTH – 5 SOURCES OF PASSIVE INCOME [2020]

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I share my monthly passive income after LESS than 6 months of earning Passive income. Here are my 5 Passive Income Ideas and how you too can reach financial freedom and make money while you sleep.

This is how I make $6,500 a month in passive income and my 5 ideas for how you can do it too. Passive income is my favorite way of getting paid. Here are the 5 ways that I make money while I sleep.

#1 – YouTube passive income, the one you’ve been waiting for, my biggest source of passive income. The main way I make money with Youtube is with ad revenue, but there are other ways to make money with youtube, such as people becoming a member of your channel or having one of your videos sponsored. This bring in $4000 – $5000 a month on average.

#2 – The second way I make money is through my business GetMoney Traders. This is a discord where we offer helpful resources to those who are investing in the stock market. This will bring in $550 per month right now.

#3 – Dividend Income investing, growth stocks and trading options in the stock market which happens to be my favorite way of receiving passive income. This will require you to have money upfront to start investing with, but it encourages you to save money, be frugal, and invest it. This generates about $800 a month right now for me.

#4 – Affiliate marketing is next. Amazons affiliate program is the fourth method and in total this makes me $20-$30 a month right now.

#5 – Of course I need to mention high-yield savings account, as this is one of the easiest ways to make passive income, how much you make will depend on how much money is in the account and on the interest rate. This makes me $40-$60 a month right now.

Join my discord to learn more about day trading, trading options, swing trading etc. – https://discord.gg/HPDrZMP

Sign up to Robinhood by using my link and get 1 free stock! – https://join.robinhood.com/guiller432

DISCLAIMER: I am not a financial adviser nor a paid advertiser of Robinhood. This is solely my opinion and made for entertainment purposes only, if you plan on investing consult with a professional and invest at your own risk. This video and description contain affiliate links, which means that if you click on one of the product links, I’ll receive a small commission. This helps support the channel and allows me to continue to make videos like this. Thank you.

#stockmarket #savingsaccount #affiliatemarketing #passiveincome

Comments

TechConversations says:

"If you don't find a way to make money while you're sleeping, you will be working your whole life".
– Warren Buffet

Daniel Portillo says:

Passive income is only through stocks and options. I have been thinking about starting my own youtube channel!

Josh Fowler says:

Love your videos my dude.. waiting for monday so we can make that money on the stonks!! OPTIONS GANG GANG..

I currently have a regular full time job im off 6 months a year, i refurb pcs for resale and do custom builds repairs the 6 months im home, and invest, i did try my hand at merch by Amazon but it seems a bit oversaturated! Not really passive but love it..

Yashwanth Pagadala says:

Thanks for the video Sir !!

Audrey Dupupet says:

Currently making passive income through a savings account and stock trading. Thanks for another great video!

Juancho Martinez says:

The only passive income that make is from CALL options from Tesla.

EK Handcrafted Wood says:

I make wood turning videos and post on my channel and sell my products on Etsy, so Etsy would be my ‘passive income’

ogcool 13 says:

Like you said HI for the give away & thanks gor your info appreciated

Elnur V. says:

What camera are you using?

Kalpesh Mistry says:

Covered calls for passive income

Calvin Allison says:

Only passive income is in mutual funds, but once I save enough I’d like to buy and rent out a duplex

Deborah Reed says:

Hi. I have 2 sources of passive income. Selling old items online and investing. Haven’t made a lot of money but I hope it increase. Nursing student with a child is hard but it’s doable 🥰

DAMIAN HANSON says:

very helpfull videos,thanks

YaaBoyChuck says:

Current passive income comes from the wheel strategy

Jonathan Kuc says:

Thanks for the great info! Congrats on your hard work!

Aubrey Martin says:

What software do you use for thumbnails and editing?

Eric Archuleta says:

Great info!!🔥🔥

Konflict Diamond says:

Doing stocks,candles,cards,cbd as passive income right now..just starting wish me luck.

Foresight Trading says:

Super inspirational man. I just started my videos a few days ago and already have 25 subscribers. Hopefully that means my stock content is good. Hope to scale like you!

Buy the Dip - Robinhood says:

Very nice video I'm hoping to grow my YouTube channel on the Stock Market also to start making passive income.

Lyla Schmidt says:

2:44 Beautiful 💋💋love u💋💋

Man Bui says:

Hit some lotto calls lol jk can’t wait until I save a lot of money and can get 1,000 passive income a month 😭🙏

Jim Wiltrout says:

I can’t wait to have enough money to start the wheel method

Makhesh Srikannan says:

Spy OTM credit spreads is the way

RockyTrades says:

Great detailed video on passive income! You inspired me to start a youtube channel, thank you Guillermo! 😀 Don't stop the grind 💯

Harrison Brinker says:

Right now, the only passive income I make is from stocks and dividend payments.

Kayla Catchpole says:

Thank you for your break downs of option trading/ strategies. I greatly appreciate your efforts for my family. Saving up for a few of the stocks I wouldn’t mind owning for the wheel strategy

John Scarce for President says:

There’s a fire going on 2 miles away from me and even tho I’m packing up right now, I can’t miss out on a tech conversations video

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