Dividend investing: Invest in dividend-paying stocks or ETFs and earn a steady stream of income without having to actively manage the investments.
Real estate investing: Invest in rental properties and earn passive income through rental income and appreciation.
Peer-to-peer lending: Invest in peer-to-peer lending platforms and earn passive income through interest on loans.
Affiliate marketing: Promote other people's products and earn a commission for each sale.
Online course creation: Create an online course and sell it on platforms such as Udemy or Skillshare.
E-book publishing: Write and self-publish an e-book and earn royalties on each sale.
Stock portfolio: Create a portfolio of stocks and earn passive income through dividends and capital gains.
Building a YouTube channel: Create a YouTube channel and monetize it through ads, sponsorships and affiliate marketing.
Building a Podcast: Create a podcast and monetize it through ads, sponsorships and affiliate marketing.
Creating and selling physical or digital products: Create and sell products such as print-on-demand t-shirts, mugs, phone cases or digital products such as stock photos, vectors, and templates on online marketplaces like Etsy, Amazon or your own website.
Note: Keep in mind that not all passive income streams will generate significant income and might require a significant upfront investment. Also, it's important to research and understands the risks associated with any passive income streams before investing.
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