Passive income and Investments online; (The investment world is going digital)
Have you seen people selling to you how to make money and become wealthy in a very short period of time? This people ride in Lamborghini and enjoy cruise in ships as they tell you that you can making passively and quickly. I always say, if it was that easy to make this money, then a lot of entrepreneurs would have just employed a lot of people to push this button and make this money since entrepreneurs are smart but the truth about it is that this people get paid to sell this idea to people and that is how they make money. In reality, making passive incomes is not as easy as that, so I will be telling you a few things that can serve as passive income for you.
Dividend growth investing
This has been existing for years, and it is getting paid for owning percentages of a company which are referred to as blue chip stocks. Companies such as Walmart, Disney, Coca-Cola, Apple and so many more. This companies generate so much income as revenue that they decide to pay their shareholders for owning a part of their shares. The downside of this type of passive income is that a lot of money is needed to make a significant income. This companies pays monthly, quarterly and yearly. Investing in Staple companies, REITs and other industries can pay well.
Royalties
This is often associated with celebrities and influencers. This is when people get paid by a companies and people because you own the property, intellect, or skill. It often happens when people ask for money for a particular idea or skill which has a copyright for as long as it is being used.
Credit
Product Review Like
You must have seen this a lot of time. This is when people create videos to review certain products and when people like the products well, the owner of the video gets a certain percentage from the sales price. You might have heard about Amazon Links, that is a very good example.
Referral Links
Unlike the days where people have to invest the old way to get passive incomes, now people make incomes by sharing referral links. People can drop links on posts and videos so people click on it and register so the referral makes money referring people.
Paid or Sponsored Videos/ Affiliate
This is done very well on YouTube, you must have heard a lot of people say the video is a sponsored or paid video. With this, the company pays the vlogger or influencer to promote the company, a product or a service while doing their thing on their video. People can do this on YouTube, Patreon and others.
Unlike in the days before the internet where people need to invest in real estate, go to the stock broker’s to buy stocks, and so on. Now is different, you only need the internet to make passive earnings.
if indeed much of that advertising is simply misleading.
I am not saying that you cannot make money online, in fact Steemit is a true way to earn passive money online.
But you don't win it like those advertisers who go out with big cars say.
I agree with you on that, some of them claim to make $1000 on a daily basis and at the end of the day you find out that you cannot even make anything close to that.
Hello @ojerinde is very true today there are many varieties and options to invest, some better than others, but in the end they generate some income. Everything also depends on what purpose we want to invest, how long we want to generate profits, what kind of investor or entrepreneur we are, there are many factors. The important thing is to educate ourselves about it so that we are not employed all our lives.
You nailed it, that is just the truth.
Interesting what you raise @ojerinde.
Certainly, with the Internet and a strategy you can obtain passive income.
I say that curatorship is a kind of passive income.
Automating the votes is a way for you to get a good return later, it's a passive way. Joining the PH trail is also a passive way, delegating to PH generates a daily or weekly profit.
I do not know if you think the same
Of course I agree with you, curating on steemit and hive is a good way to earn since 50% of whatsoever you give is coming back to you.
Yes, curatorship is a good return, it's worth experiencing, and making the most of it.