35 Easy Ways to Generate 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.

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, and commodities like wine or geeky collectibles.

1. Alternative Assets

2. Passive Real Estate Investing

One example is DiversyFund. It’s a private REIT (real estate investment trust) that allows you to invest in professional real estate passively for as little as $500.

Lending Club allows passive investors to diversify their assets by investing in different types of loans. Lending Club allows you to loan your money out to people and groups looking for funding.

3. Earn Passive Income with Lending Club

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

If you are afraid of investing, there’s a chance you have a decent chunk of change saved in a checking or savings account. The best high-interest banks are online-only, so you won’t need to mess with going into the bank to get started. 

5. Open a High-Interest Savings Account

An index fund is a mutual fund that owns a wide assortment of assets. Some index funds are fairly focused (e.g., an automotive index fund might own all automotive stocks).

6. Long-Term Index Fund Investing

Angel investing is a high-risk, high-reward proposition. It gets its name because it answers the question, “Who would invest in a startup company with no track record, no customer base, and no surefire path to revenue growth?” Answer: only an angel.

7. Become an “Angel”

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