In today’s world financially stability is very necessary to survive good life to fulfill our needs and desire we need the best passive income in our daily life we should build a platform where we can get passive income daily or monthly basis in the 21-century internet is booming and everyone is easily able to access the internet anywhere in the world there are lots of passive income idea on the globally we bring top best passive income ideas which will grow you financially
What is Passive Income and why is it’s required?
Passive income is a type of earning where you can earn with zero effort you can earn while sleep passive income does not require your presence like renting property, renting a car, renting furniture, stock market investment, affiliate commission, etc.
Top 8 Passive Income Ideas
1 Investing in Stock
Stock Investment is one of best passive income through investing in stock you can earn long term earning and short term earning as well there are three types of stock investment equity long term and short term trading their ton of people who become billionaire investing in the stock
Stock investment is very easy and very profitable passive income only you need to do little deep research about the company where you are planning to invest you need to check their growth from past few years and current company situation that’ it.
2. Writing book and publishing
There are multi-millionaires on the globe by selling their own book writing book and publishing its very interesting and discovering your knowledge with people on the globe you can write a book your own using knowledge, skills and your experience but there should be problem-solving subject and details where people can understand it easily and apply from their daily life
3. Renting Car
You can create an option to rent a car like we see OLA UBER we can pick up any car give it on rent where we can earn very easily around 25000-45000 monthly. Everyone, only you need to buy a new car or if you are buying a used car it should very good condition because we need to think long run and without maintenance 2nd you need to contact ola or uber dealer or you can have a driver you can build up your network collaborate with travel agency take to call for a trip
4. Amazon Reselling product
Amazon is on the one best and no. 1 e-commerce online selling platform there are millions of products seller are selling Amazon seller option it is best passive income idea where and connect with manufacture and tie-up with them and collection products and upload that product details at amazon reselling portal it’s great passive income option as much as your product get to sell on amazon that much you earn there no limit of earning on amazon only you need to maintain stock on amazon warehouse
5. Creating Video
Video trends are going this day there tons of opportunities earning through video creating a video you selling product and make affiliate commission thousands of products who give affiliate commission you can upload video on YouTube and insert your affiliate link on your description
whoever will click and buy their automatically you will get a commission from that link on your account through YouTube AdSense earning also available it’s based on no of views and click on your videos Google give you earning through their AdSense portal.
6. Micro-niche Blog
Let’s understand first Micro Niche
Micro Niche is very highly specific with particular subject or topic which gives information around the subject not more than that micro-niche is stand with very deep research and effort with valuable information to end-user who is going to find something related to that specific
Through micro-niche blog you can earn from AdSense and affiliate and other advertising as well it depends on your choice how you want to earn.
7. Affiliate Marketing
Affiliate marketing is a term of marketing some affiliate products such we there multiple platforms which give affiliate program option like eCommerce Amazon, Flipkart, there is a digital product as well some of hosting site and saas based product which is hugely trending these days people eager to use a digital product on their business to grow faster.
Affiliate is top trending passive income idea there no limit of earning affiliate program I can only sky is limit
8. Renting House
Renting a house or flat best passive income for some people also renting their plot/land if you have a budget and extra place there is the best option to make money every month and increase income.
Taking multiple houses or flat and giving them on rent it’s an awesome idea of passive income if you people call it real state investment taking a plot and keep them 2-5 years and multiple your current investment value with 100% or more
Disclaimer: The article written based on information research and analysis our author write what expert suggestions on the subject the information based on facts or opinions by an expert the article do not reflect the view of catch story, catch story does not assume any responsibility or liability for the same
