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. 

Some of these next passive income ideas will get you ready to invest in your future. Passive income means you want to start valuing your time and your money. 

Alternative assets, or alternative investments, are much talked about these days. The volatility of the markets and extremely low-interest rates for the foreseeable future have many people looking for alternate options. 

1. Alternative Assets

2. Passive Real Estate Investing

DiversyFun is a private REIT (real estate investment trust) that allows you to invest in professional real estate passively for as little as $500. I love companies like DiversyFund because they don’t earn money unless they earn money since they invest and manage the projects themselves.

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

4. Invest in Dividend Stocks

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. 

5. Open a High-Interest Savings Account

If you are afraid of investing, there’s a chance you have a decent chunk of change saved in a checking or savings account. Saving money is always a good thing.

6. Long-Term Index Fund Investing

An index fund is a mutual fund that owns a wide assortment of assets. The idea of index funds is that they lower risk by diversifying their assets, and they lower their costs by enacting simple asset ownership rules.

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