Lazy Ways To Make Money Online While Sleeping (Passive Income)
Here are the four credible lazy ways that any person can earn money online while sleeping. All of these four income stream ideas are very easy to set up and very helpful. It can make your life-changing money ideas in 2022.
When I go to sleep at night, I can rest easy knowing that as I’m sleeping my pockets are continuing to get filled with money, that is lots of money. Hence I’ve set up four income stream ideas that work 24/7. Even while I’m sleeping and the best part is that. It doesn’t take a genius to start these income streams.
So if you consider yourself to be a normal person, then these next 10 minutes could be game-changing for you. Now we’re going to talk about these four income streams.
1: Buy Companies Stocks
The first income stream talked about is buying the company’s stocks. Imagine a company like Coca-Cola. It’s been around 1892 decides. We make too much money. I think every company wants to start rewarding people for buying their stocks. When we acquire shares of Coca-Cola stock at 50 prices a share. It’s currently trading at Coca-Cola and will start sending you.
I like to refer to as many paychecks. Some of you may know as called dividends. Many companies that work this way will pay their shareholders after trading stocks in these mini paychecks or dividends. Just for owning shares of their stock.
Large companies like Apple at T Microsoft Coca-Cola PepsiCo and hundreds of America’s largest companies pay their shareholders. These micro paychecks. The question is how much you can start making money. This income stream will work in your life.
1: Brokerage Account
First thing you need a brokerage account. I recommend going with either Weeble Fidelity Vanguard or M1 Finance of those four Weeble is probably the most user-friendly if you’re new to buying stock plus right now if you open up an account with Weeble and deposit just one penny we will give you 12 free stocks valued up to thirty-six thousand dollars next once your account is open.
You’ll need to research to figure out which companies pay dividends. I recommend you need to start trading with dividend King stocks. These are stocks that high paying dividends and increasing dividends for 50 years. Here’s a list of some of the best dividend King stocks feel free to here. Write some of these down.
Next, once you’ve selected which dividend King stocks you want to invest in you’re going to go into your brokerage account and buy those stocks now. Good thing is that with Brokers like Webull. You can buy shares of these stocks. This means if you wanted to start receiving paychecks from saying apple but you didn’t have 150 to spend on Apple.
You could just buy a fraction of that 150 shares for as little as one dollar. After you buy the stock that’s it. You just wait and then every month or every quarter. Whenever the stock pays dividends. You’ll receive paychecks directly to your brokerage account which you can use for whatever you want.
Believe it or not, some people can even live off of the dividend paychecks they receive. Never have to work it does take time to build this type of portfolio up. A lot of people do it now if you’d like me to make a dedicated video about this how you can live off of your dividend.
Paycheck drops a comment down below and says Yes Joshua I would love a video about dividend paychecks leave a heart emoji or something so that I know you mean it.
2: Passive Income Stream Online
The next income stream idea is that you need to research and figure out how you can start building passive streams of income. In general, this could be from starting a passive side hustle like the dozens of side hustles that I talked about in my article. Passive income you can earn from selling courses, writing ebooks, and starting a YouTube channel. It will create passive income for you.
This means when you go to sleep at night or when you sit down to watch Netflix or when you’re not working you’re still actually making money. Because these passive income streams are always working behind the scenes for you. Now I tell people this all the time, okay you want to build passive income streams. That is going to be scalable what exactly does this mean?
For example, going and starting a pressure washing business is not scalable nor is it passive. In this present circumstance you possess to exchange your energy for cash you need to go out to properties and take care of business before you can get compensated now you unquestionably might at any point know to make it more versatile.
A lot more Recurring, automated revenue by recruiting new individuals and afterward having those individuals that you employed go out and pressure wash for you. I would recommend this for most people as well as to find passive income streams that have low overhead things like starting an Etsy print-on-demand shop.
You could do things like selling courses on skillshare or starting a YouTube channel. These can all be started with just one person.
3: Real Estate
The next passive income stream is real estate. Real estate is the biggest source of passive income. I mentioned two different real estates and Investment. Anybody can start investments with little money.
There are two types of real estate investments which are mentioned below.
1: Crowdsourcing
The first real estate investment category is crowdsourcing. This is a credible and effective category of real estate investing. Which connects investors with tycoons and real properties via the internet. The best thing about crowdsourcing is that you don’t need a lot of money to start investing.
Crowdsourcing you’re using sites like fundraise to invest in real estate projects. This could be single-family homes or apartments or different types of commercial real estate. Get started with real estate crowdsourcing. All you would do is sign up for a site like fundraise. Choose your Investments and start investing. It’s simply completely hands-off.
2: REITs
The next Real Estate Investment that he talked about was buying REITs or real estate investment trusts so a reader is a company that owns and operates income-producing real estate. When you buy shares of a Reit you need to invest in all of the underlying real estates that you own. This could be shopping malls, hospitals Office Buildings, and even cellular towers.
How exactly does a Reit pay me in my sleep? well, it’s the same with dividend-paying stocks. REITs pay a monthly or 6 months dividend. They’re extremely easy to invest in all.
You would do is go to your brokerage account type in the name of the read that you wanted to invest in buy shares of it and then from that point, you’ll start receiving dividend paychecks. Whenever the Reit pays dividends which is typically every month or every quarter.
4: Affiliate Marketing
The last source of income in this article is affiliate marketing. Affiliate marketing specifically was a built and ran Niche blog or website that generates affiliate income. You recommend products and services within the blog post. For example, perhaps the best fertilizer to use to make your tulips grow big and tall is Frankie’s ferocious fertilizer and so you would mention that fertilizer in the blog post.
There would be a link for the user of the website or blog and when the user clicks on the link that would lead them to the Amazon website or somewhere else. Where they can buy the product. However, this link is not a link but this is an affiliate link. Anytime a reader clicks on that link and then proceeds to buy that product. You’re going to receive a small kickback or commission for them purchasing that product.
You can either treat affiliate marketing as a primary source of income or a secondary source. For example here on my YouTube channel affiliate marketing is a secondary source of income. I make anywhere between 10 and 15 000 per month with affiliate marketing. A smaller percentage of my total monthly income for my channel now if I wanted to I could focus a lot more of my energy on affiliate marketing to make more money.
But I choose to keep that income source as passive as possible. We can use that energy somewhere else. Whenever I can I’ll try and post affiliate links in the articles. In most cases, I’m not like actively push those links in my articles. All the time it’s just kind of this secondary thing in the background. If you did run a specific Niche blog or even a niche YouTube Channel.
In that situation, it might make more sense to focus more energy on affiliate marketing. Especially if that’s going to be your primary source of income. Drop a comment down below but generally, affiliate marketing can be a very lazy and passive source of income that is Done. I hope that you have a beautiful rest of your day or night or afternoon or whatever and as always I will see you again very soon take care.
