35 Easy Ways to Generate Passive Income Right Now

Making money while you sleep has a beautiful ring to it. Earning passive income provides the opportunity to do just that.

What is Passive Income?

Passive income is defined as income that requires minimal effort—or perhaps even zero effort—to earn. Passive income typically enables your money to work for you. It’s a “work smarter, not harder” situation.

Truly Passive Income Ideas

There are many types of alternative investments. Some of the more popular offerings are hedge funds, private equity, crowdfunded real estate investments, investing in fine art with Masterworks, and commodities like wine or geeky collectibles.

1. Alternative Assets

Truly Passive Income Ideas

Talk to any landlord, and they’ll tell you that “passive” is the last word they’d ever use to describe having to replace a washing machine after an already full day. That’s plain old work.

2. Passive Real Estate Investing

Truly Passive Income Ideas

Lending Club allows you to loan your money out to people and groups looking for funding. The type of loans you choose will determine your investment return and risk exposure (remember, risk and return are related).

3. Earn Passive Income with Lending Club

Truly Passive Income Ideas

Dividends are profits paid out to owners of stocks. Some companies pay dividends regularly, which means that dividends can become a dependable source of income.

4. Invest in Dividend Stocks

Swipe up now for more  financial tips!