Passive Income Ideas

Since you don’t see the immediate benefit, life insurance is often forgotten as a way to earn passive income. The best way to think about it is to categorize it among your retirement accounts which can grow in value tax-deferred as you invest in it but does have withdrawal rules that must be followed. There…

While this is an insurance product, annuities shouldn’t be confused with life insurance. Imagine if you didn’t have to die to get the life insurance money? Better yet, say you are concerned about what the future holds and as a safety net, you buy guaranteed passive income streams to be “turned on” later in life….

While CD are issued by banks, bonds can be offered by businesses, all levels of governments, and many other types of organizations and individuals. The bond market is actually larger than the stock market at a commanding $119 Trillion in outstanding debt world wide as of 2021. Economists and investors use the performance of the…

Blackstone, Bridgewater Capital, Pershing Square, The Carlyle Group, Bain Capital. These are just some of the well known figures in private investments. These investment professionals are in the business of beating what public market returns can offer by using investor funds to exploit investment opportunities or market inefficiencies. In return, investors are rewarded with a…

There is a lot of confusion about Real Estate Investment Trusts (REITs) and we wanted to take a moment to explain the differences before moving forward. While you can buy shares of REITs on the stock market like any stock, there are also options to invest your money directly with the REIT outside of the…

While there are many ways to make money in the real estate industry, in this article we will give an overview of how to create passive income streams using real estate. This would exclude being a real estate agent, a virtual assistant, or a wholesaler or other types of jobs that could be used as…

Remember those movies with the loan sharks who lend people money and then their gang goes to find the poor soul who borrowed money from them? Minus the gang and harsh treatment, this is an actual business that you can build up for yourself. People need money to build and expand business and if you…

The ability to market your products and services to anyone with a wifi or internet connection is absolutely amazing! The possibilities are seemingly endless and new businesses are being started everyday. In this article we will go over the opportunity you have to BUILD passive income streams using only your phone and laptop. What is…

Almost all passive investors must deal with capital gains at some point in their journey. There are various ways to avoid paying capital gains tax under the guidance of your tax professional, however you may find some forms of capital gains more favorable than other income streams you’ve added to your portfolio. Capital Gains The…

While dividends represent one of the most passive income streams you can have, you also have to realize it increases your taxable income. This is of course assuming you are investing in a non-retirement account, also called a taxable account, and will receive a tax form indicating the income. In a retirement account, you only…

While we would all love to follow the timeless investment advice to “buy low, sell high”, the reality is that it is very difficult to time the market. One of the risks of investing is that it is always possible to lose what you put into it, especially if you have need of the money…

You may see many people on the internet talking about passive income. What’s not to be desired about earning money while you are doing other things? It’s a hot topic that deserves to be understood since there are a lot of misconceptions about what it is and how it is obtained. What is Passive Income?…