how to earn passive income? #passiveincome #shorts #shortvideo #buildempire
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how to earn passive income? #passiveincome #shorts #shortvideo
1. Rental income: If you have a property, you can rent it out to tenants and earn rental income.
2. Dividend income: Investing in dividend-paying stocks can earn you regular dividends without selling the shares.
3. Interest income: You can earn interest income by investing in fixed deposits, bonds, or other interest-bearing instruments.
4. Peer-to-peer lending: You can earn passive income by lending money to individuals or businesses through P2P lending platforms.
5. Royalties: If you have created intellectual property such as music, books, or software, you can earn royalties from their sales.
6. Affiliate marketing: You can earn commissions by promoting other people’s products or services through affiliate marketing programs.
7. Rent out your car, bike or other assets: If you have a car, bike, or other assets, you can rent them out through sharing economy platforms.
Remember, earning passive income requires an upfront investment of time and/or money, and there is always a degree of risk involved. Do your research and seek professional advice before investing.
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