Anyone here into passive investing (of their time)?

[lovesmayfamilis]

If we talk about passive income, then I can say that my spouse rents out a room that is currently being used as a store. This is not a lot of money, which you can be financially independent, nevertheless, it is a good addition to the overall budget.

[NotATether]

A few years ago I got passive income from Google adsense, at that time I had several blogs with good visits so earnings from adsense could be 5x greater than my monthly salary, unfortunately I didn't focus on taking care of the blog and making rankings on search engines go down then it's gone, I made a site since school and about 3 years started to get earning which I think is satisfactory.

What surprised me about your story is why you didn't focus on taking care of your blog properly, even though you have already felt the results and it's also very extraordinary because the results from your Google Adsense blog can beat your own monthly salary. But for some reason you don't take care of it anymore and prefer to look for something else, even though it's clear that everyone is always looking for big income in an easier way so that the focus can be maximized.

I used to have a blog too and I stopped as well and I can tell you my reason, no idea why he stopped but I am guessing it could be a similar reason as well. First of all, it requires a lot of work to keep doing it, even if you end up writing just one post per day, that is a lot of work, and most share multiple posts a day, there are big websites that posts 10 posts a day, you are competing against these people and having even one blog post per day is hard, 10 is near impossible for a single person, if you have multiple websites, calculate how much more posts.

Secondly these other companies and websites spend a lot more on marketing, so you have to spend more as well, and that causes a trouble as well and you can't afford it. So, it becomes near impossible to fight against these giants, and even when you work and spend money, you may end up not getting much in return.

Well there are two battlefields you can fight on; you can either fight on Google search pages or you can fight on social media platforms.

The one you choose will determine where you get your views from.

In particular, the fight for views with the latter route takes place on one or more social media platforms that you choose. But it is important to not think about money at all while you are trying to get users, otherwise you will derail the whole process.

Recently I have made some efforts to revive my own website, by working on a new template, but more importantly it will be primarily focused on the Youtube channel I just have sitting doing nothing. From text-only posts to text & video posts.

[Fesatmas]

A few years ago I got passive income from Google adsense, at that time I had several blogs with good visits so earnings from adsense could be 5x greater than my monthly salary, unfortunately I didn't focus on taking care of the blog and making rankings on search engines go down then it's gone, I made a site since school and about 3 years started to get earning which I think is satisfactory.

What surprised me about your story is why you didn't focus on taking care of your blog properly, even though you have already felt the results and it's also very extraordinary because the results from your Google Adsense blog can beat your own monthly salary. But for some reason you don't take care of it anymore and prefer to look for something else, even though it's clear that everyone is always looking for big income in an easier way so that the focus can be maximized.

you have to understand at some point people got burned out with what they are doing even if you say they are earning good income from that side job. just take for example, those people who quit their high paying jobs. you will think that why would they quit if they already have it? sometimes it is the stress, the environment and other factors that people quit their respective jobs.

Yes, that's right, not a few people who have felt money from any business or business that is higher than their salary ignore it. I wouldn't say it's laziness, but for myself, I feel it all, things that are more profitable are sometimes not as interesting as what is our regular job. I really understand that this kind of thing should be overcome by our desire to move forward, but believe me we have thoughts like that after all is gone.

[The Sceptical Chymist]

Blaaaaah....I think OP is way overthinking the concept and application of passive investing.  I get the writer vs. surgeon argument, but writing a book still doesn't qualify as passive in my mind--the only thing that does is when your money is working for you rather than you working to make it.  Dividends, business investments where you don't have an active role in the company, staking coins, etc.  Those all pass the sniff test for meeting the definition (again, in my ever-so-humble opinion that's how I see it).

And then there's the question of whether any of us are into OP's scenario.  I'm definitely not.  I gotta bust my ass raw to make a dolla an' a cent, and I'm not joking.  I wish I had enough spare scratch to invest in something that produces a sweet return.  Maybe one day, but it seems like the clock is ticking a lot faster these days.

Going to see therapist now, bye.

[Smartprofit]

I heard a story about a CFO who owned a large stake in her company. 

When she was fired from the company, the first thing she did was to sell all her shares.  When asked why she did it?  - She answered - that she invests only in those assets, the fate of which she can influence.  There is some wisdom in this ....

Even if we are talking about passive income (for example, renting out real estate), we still need to constantly monitor the situation on the real estate market, repair and maintain the premises, look for new tenants and take other active actions  . 

A person must earn his bread by actively working - this is taught by the Christian Bible. 

Passive income is not completely passive, a person still has to work.

[doomloop]

I heard a story about a CFO who owned a large stake in her company. 

When she was fired from the company, the first thing she did was to sell all her shares.  When asked why she did it?  - She answered - that she invests only in those assets, the fate of which she can influence.  There is some wisdom in this ....

Even if we are talking about passive income (for example, renting out real estate), we still need to constantly monitor the situation on the real estate market, repair and maintain the premises, look for new tenants and take other active actions  . 

A person must earn his bread by actively working - this is taught by the Christian Bible. 

Passive income is not completely passive, a person still has to work.

It's funny how the ex-CFO asked on why she sold his shares but what's the point of holding them if she is already out of the company? But, the move that she did there can also act as a revenge to that same company that fires her. That company might also be suffering right after she sold all his stakes.

Karma hit them real quick. When we invest we don't just invest and careless but a constant monitoring about our investment is necessary so that we can take adequate actions depending on its flow. Investing on real estate is only hard because some things are still needed but that isn't experienced in crypto and other investment assets.

[Mauser]

I have relatively passive investments like buying stocks or Bitcoin to hold, but in terms of time invested, in terms of work, I've always done active work.

I've been thinking about in the future starting some project that can bring me passive income once the work is done and so I'm curious to see if some of you do such work and/or what ideas you have about it.

Normally the problem with work that can bring you passive income in the future is that you have to be working for 0 for a some time to possibly monetize it in the future, so it is better to be focused on a topic that you are passionate about and do not mind devoting free hours because you may spend a year or more on the project and end up monetizing nothing or very little.

Buying crypto currencies and stocks to HODL is a good investment strategy, but it is really a form of passive investing? It's true that we don't need to invest much time into our trading activities and can just forget about our holdings, but these investments won't create much passive income for us. When it comes to passive investing I always thought it's about finding assets that create us a steady passive income, instead of making money on the rise in price. That is why crypto currencies are not a good tool to make a passive income portfolio. Same goes for stocks, the majority of stocks don't have a lot of dividends they are paying out. We would need to focus on the stocks with a high regular cash flow and strong business model so that they keep paying out dividends each year. For me the best form of passive investing would be to buy an apartment and rent it out, receiving monthly rent payments would be very steady monthly income for which we can plan ahead many years. 

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[palle11]

For me the best form of passive investing would be to buy an apartment and rent it out, receiving monthly rent payments would be very steady monthly income for which we can plan ahead many years. 

This can be the type of model for what passive income is. It is like what investment that you does really have to show presense before making out money from it and like you made an example, real estate business is part of it because it doesn't require physical presense but the investment yield profit through the rent payment. Also for some people who don't only rely on trading, trading can be regarded as passive and other businesses you do that doesn't require your physical presense to make your profit but all you need is to make capital available and expect profit from the capital.

[mindrust]

Passive investment basics:

*Have money first, so you can earn more money.*

You can earn money passively if you rent out your real estate, collect dividends from stocks or collect interest from the long term government bonds. However, you still need to have money to buy those. You can build a stock/bond portfolio or you can start a mortgage while you are working and by the time you get to your 50's, you will be set.

If you haven't planned all those while you were young, then there is another choice:

The other choice is investing in the right crypto and hoping to get rich quick.

------

Aah... youtube. I see most people here think youtube is a way of making money passively. It is not. The moment you stop uploading new content, your channel will die off.

[Japinat]

For me the best form of passive investing would be to buy an apartment and rent it out, receiving monthly rent payments would be very steady monthly income for which we can plan ahead many years. 

This can be the type of model for what passive income is. It is like what investment that you does really have to show presense before making out money from it and like you made an example, real estate business is part of it because it doesn't require physical presense but the investment yield profit through the rent payment. Also for some people who don't only rely on trading, trading can be regarded as passive and other businesses you do that doesn't require your physical presense to make your profit but all you need is to make capital available and expect profit from the capital.

That's more secure than buying stocks or crypto and considering it as passive income, which it really isn't. Passive income is real estate investment - rent it out and continue receiving rent until the property still operates. Crypto and stock investments are volatile, so what you're holding now doesn't guarantee you a higher or even the same value in the future. We need to understand that well.

Regarding YouTube channels, I don't think it's a passive income either because eventually, more videos will be created, and your video won't be earning views anymore like it usually do, which will translate to less money. You need to be active in finding your niche and uploading related videos to earn. This means you need to put in some hard work. Some people even sell their channels and enjoy the proceeds to just travel or relax and enjoy life.

One of the biggest YouTubers even declined a $1 billion deal for his YouTube channels. Here's the story.

MrBeast said he turned down $1 billion deal for his YouTube channel and associated companies

Means he knows his worth and he still enjoy what he is doing.

[samcoin]

There are ways that are neither black nor white. Someone who has a YouTube channel or a blog with some success, the old videos or posts continue to get views and generate money even though he no longer spends time on them, but he has to actively continue to update the channel or blog so that it doesn't decline.

I used to follow a blog a while back that had a lot of views and was monetized. The author suddenly stopped updating the blog without explanation (not sure if he died or what), and it continued having visits and generating money but little by little, with the passage of time, the visits were declining and I guess that today will be close to 0.

Indeed, the best ways to generate money at this age are the ways that waste people's time. We can easily notice that the wealth of celebrities is increasing on the back of others' time. That is because most people don't appreciate their time, which results in spending it on watching celebrities and increasing their wealth. Social media have opened the door for everyone to be a celebrity, they just need to gain some skills and be encouraged to stand against the camera. However, every person has the choice of whether they want to be on the side of money generators, or the side of time spenders to generate other's money.

I have relatively passive investments like buying stocks or Bitcoin to hold, but in terms of time invested, in terms of work, I've always done active work.

These remain investments that could be lost. We shouldn't look at them as if our lives depend on them, so everyone should search for a steady source of income and forget these investments.

Normally the problem with work that can bring you passive income in the future is that you have to be working for 0 for a some time to possibly monetize it in the future, so it is better to be focused on a topic that you are passionate about and do not mind devoting free hours because you may spend a year or more on the project and end up monetizing nothing or very little.

If you have faith in what you want to introduce to others, you have the needed energy to surpass all the hurdles that could face you. Nothing valuable comes easily. On the other hand, having your own project carries big advantages. One of them is that you work for yourself, not for the interest of a company or institution.

[boyptc]

Earning passively with great amount requires a lot of things. Huge pile of money and also great amount of work at first. I've been into investing and aside from bitcoin, my greatest asset would be in real estate and renting out properties.

I'm not that rich at all and these are like small properties that I've just renovated and rent it out for people that are working near the area. I have to work for its papers at first and then did the renovation.

It's giving me continous cash flow even if the price of my rent isn't that much. Because what I believe, if the renters are great payers and they've been there for many years, that's giving me continuous source of passive income and requires little work as it's already established.

[redsun114]

It's actually quite difficult to find an actual and ongoing passive income source these days. Almost all the investments require you to put in some work, whether on a daily, weekly or monthly basis. Some require less time while some a bit more, but maintenance is required for sure.

I myself have not yet been able to find something that I can rely on, which I invest some time on and then it generates passive income for me, though I have some ideas but they can only work in other regions. For example, vending machines can be good source of passive income in the US. I know it can have its downsides and it does require some maintenance and etc., but overall, it's an option if someone can do it.

[virasisog]

If we talk about passive income, then I can say that my spouse rents out a room that is currently being used as a store. This is not a lot of money, which you can be financially independent, nevertheless, it is a good addition to the overall budget.

This is an effective way of having a passive income. My parents have the same business and it has been running for years which sustains their living up to now. Npwadays, there are already lots of ways to earn through passive income and many people are relying on the internet. Different social media platforms could be used to earn passively such as Youtube, Facebook, Tiktok and so on. Creating videos and affiliate marketing are in demand nowadays.

[Ultegra134]

For me the best form of passive investing would be to buy an apartment and rent it out, receiving monthly rent payments would be very steady monthly income for which we can plan ahead many years.  

This can be the type of model for what passive income is. It is like what investment that you does really have to show presense before making out money from it and like you made an example, real estate business is part of it because it doesn't require physical presense but the investment yield profit through the rent payment. Also for some people who don't only rely on trading, trading can be regarded as passive and other businesses you do that doesn't require your physical presense to make your profit but all you need is to make capital available and expect profit from the capital.

That's more secure than buying stocks or crypto and considering it as passive income, which it really isn't. Passive income is real estate investment - rent it out and continue receiving rent until the property still operates. Crypto and stock investments are volatile, so what you're holding now doesn't guarantee you a higher or even the same value in the future. We need to understand that well.

Regarding YouTube channels, I don't think it's a passive income either because eventually, more videos will be created, and your video won't be earning views anymore like it usually do, which will translate to less money. You need to be active in finding your niche and uploading related videos to earn. This means you need to put in some hard work. Some people even sell their channels and enjoy the proceeds to just travel or relax and enjoy life.

One of the biggest YouTubers even declined a $1 billion deal for his YouTube channels. Here's the story.

MrBeast said he turned down $1 billion deal for his YouTube channel and associated companies

Means he knows his worth and he still enjoy what he is doing.

Unfortunately, passive income isn't easily achievable and often requires large investments, such as in real estate. For example, buying an apartment or house isn't affordable, nor does it pay off in a few years by paying rent alone. I've also seen a few other users claim that Bitcoin is a form of passive income, but it's far from that. Stocks are also not a form of passive income, unless you're receiving dividends from them. Staking, however, definitely is, but there are other risks involved, such as impermanent loss. YouTube is a somewhat mixed form of income. You're actively working to create new content, but at the same time, older content is generating income.

[Bobrox]

Does mean with passive investing earn profit in daily without any trading yet profitable earning from investment like deposit in the bank or staking coins? I have been in cryptocurrency since 2016 after failure in college and start my journey with investing and less knowledge with trading, but I got passive income with Bitcoin and altcoin trading not for investing.

I am not most loyal when holding some coins and prefer short term investment and there are not any profit when stop trading and not brave try with deposit like in the bank and passive income from interest with few percent.

[Ludmilla_rose1995]

If we talk about passive income, then I can say that my spouse rents out a room that is currently being used as a store. This is not a lot of money, which you can be financially independent, nevertheless, it is a good addition to the overall budget.

Renting out a room or house can really provide stable passive income to us as owners, I also really want to have a business like this even though there are still risks such as tenants paying late or even running away (because in my neighborhood there are many tenants who run away and don't pay their rent). the plan is that when I finish college, I will go straight to my hometown and will open a boarding house at my parents' house.

[minime0105]

I am not talented in the world of blogs and YouTube, even trading in the stock market. I prefer to make my passive income by selling food that is loved by children.
the food that I make I leave it in the school cafeteria, for the last 2 years I have been doing it, I have gotten a better income than I have made articles

Some people have different categories of surviving in any means, so i believe that having a cafeteria that have much turn will bring more profit than someone who runs trading daily and monthly. I had a friend who is into eatery business and he turns millions every months, i believe that a strategies business will make more profit than all this trading kind of business investment. And it will depends on the kind of business you are into that will determine how progressive. And also your ability to know your directive.

[justdimin]

there are big websites that posts 10 posts a day, you are competing against these people and having even one blog post per day is hard, 10 is near impossible for a single person, if you have multiple websites, calculate how much more posts.

Secondly these other companies and websites spend a lot more on marketing, so you have to spend more as well, and that causes a trouble as well and you can't afford it.

Now it's possible for one person to create 100 articles per day because we have ChatGPT

Many sites even copy pasting from the other articles and put the original source on the bottom, so it's not a plagiarism anymore and not broke copyright law.

But, what will google say about that? That is the question they are not entirely sure about, you can even write a whole book using chatgpt if you want, but if you are not going to make money from it, that doesn't really mean anything to anyone. I personally can write 100 blog articles a day using that, but will google rank me high? Or will it realize that it is just pure AI writing and not rank me at all?

We still do not know this because it hasn't been long enough and google could make or change their decision on the subject easily. It is not hard to find out if it was written by an AI or not, and google can definitely figure that out, so it is still quite risky.