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Heres a list to get you started down the road of passive income. #passiveincome #investing Click to converse 4. Bond InvestingWhen you invest in bonds, you are purchasing the debt owed by governments or other entities, meaning you have in effect loaned money to the entity in exchange for interest payments and also the guarantee of repayment at a future timethe maturity date.In general, bonds are more conservative investments than stocks.
Both of these financial services companies guarantee a 5 percent annual return to investors who buy their bonds.Your money is then loaned to small business owners in a higher interest rate. You can feel good that you are helping a little business to growand Street Shares in particular works to lend to veteran-run small businesses, making your financial aid especially meaningful.Your $10,000 investment in a bond that provides a 5% annual return will give you $500 in passive income each year.Average Yield: MediumLiquidity: LowRisk Level: Low5.
In peer lending lending, borrowers and lenders bypass the banks, and a middle-man company manages loans from individuals to other people.Money is lent, money is borrowedmoney is repaid. And borrowers are more likely to pay back their loans since they know they're paying individuals and not some faceless bank.As a lender, you determine how much money you want to invest, build a portfolio of loans (small amounts spread across many loans), and sit back and rake in the returns.There is some risk involved though, so be clever about how much money you invest .
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Real Estate CrowdfundingReal estate crowdfunding is where a bunch of investors can pool their money in a project and share the profits. This resembles property syndication, where teams of investors pool their money to supply the down payment on a property.Since its technically illegal to advertise partnerships and projects, it can be tricky to find partners for syndication.Thats where real estate crowdfunding has arrived in.
Equity CrowdfundingEquity crowdfunding is a relatively read more new strategy for generating passive income. This kind of crowdfunding allows upstart businesses to fund their business idea with a tiny, unregistered public offering, using a number of accredited investors.In addition, certain crowdfunded businesses can take on investors other than the traditionally defined accredited investors, so long as those investors meet these principles:They invest not more than $2,000 or 5% of their net worth or income annually if their net worth or net income is less than $100,000They can only invest $10,000 in a time not to exceed $100,000 annually if their net worth or net income is higher than $100,000. The potential returns on this kind of passive income stream have a vast range of possibilities, from total declines to eye-popping gains.After all, 50 percent of all startups fail in the first year.
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Cash from Credit Card RewardsCredit card companies provide all kinds of cash back benefits, so why not utilize them to make a passive income stream for yourself There are a number of ways for creating income using credit card benefits:Use gift cards to shift your spending.Lets state you own a credit card offering 6 percent cash back at grocery stores.
You can merely purchase gift cards for the purchases you'll be making and rake in the money back.Maximize your bonuses.Signup bonuses are one of the most effective ways to earn rewards quickly.However, to qualify you generally need to spend a certain amount on your card within the first few months.
If you cant achieve the brink, youve lost your chance to receive the signup bonus.Before signing up, review your planned spending during the signup period. Dont make additional purchases simply to get points, especially if you cant pay off the balance when the bill comes.Take advantage of business rewards cards.Can you apply for a business credit card even in the event that you dont have a business Sure you can!Simply enter your Social Security number for the Tax ID number and use your name as the company name, as any sole proprietor would.
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Leasing Your StuffAnything you own can become a source of passive income. Have a car, house, desired parking area, professional-grade digital camera, tuba, weed wacker, or other resources you could lease (i.e. rent out) to someone else Then dont allow those things just sit. Have them make some money for you!Platforms such as Turo, Airbnb, CurbFlip, and Fat Lama, can help connect you with those who want to rent what you have.Generally, these kinds of platforms cost a small fee to help get you the renters who will provide you with ongoing passive income.Average Yield: LowLiquidity: LowRisk Level: LowRelated: 37 Most Reputable Money Making Websites (No Investment Needed)10.