Anyone here into passive investing (of their time)?

[LogitechMouse]

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.

Passive income in the Stock Market thru Dividends. That is the closest one to a real passive investing.

I mean you will only buy the stock, just hold it your broker and just wait for the dividends to come to you. Well, of course you need a huge capital in order for you to achieve the desired amount of monthly or quarterly dividends that you want, but in terms of earning passively, dividends is I believe the way to go.

Starting some projects that can bring you passive income is not passive income. When you start a project, you need to work still to maintain that project right? Unless you will give it to somebody you trust and you do nothing then you can consider it as passive investment maybe.

If you don't really want to work in the future, Stock market thru dividends is the way to go.

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[xSkylarx]

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.

If there are a lot of cafeterias in your place, then it would be challenging to earn a lot unless your cafeteria is so unique from others that your customers are looking back to dine in at your place again. People have their own perspectives; the cafeteria might work for him, but to others trading also and way bigger they earn, it is just a matter of what you choose and what you see that better suits or works for you; it doesn't mean that if it works on him, it should work on you. Find the path that will lead you to success.

[Haunebu]

BTC HODLING is easily one of the biggest examples of great passive investments when luck is on your side. You can earn decent amounts by purchasing BTC when the market is bearish and selling it when the market is bullish.

This logic applies to most cryptocurrencies out there which is why it's actually possible to get rich over time using this strategy. This is what I have been doing and earned decent profits so far.

However, as some of the posters above mentioned, invest only what you are willing to lose.

[Obari]

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 I'm not wrong, you're basically focused on everything online and I really don't have much idea about making passive income online except some investment platforms and you should know that nothing is guaranteed with this investment platforms and I will never advice anyone to get into it or suggest it to anyone.

If you'll have more interest in offline businesses then I will advice you get into farming or real estate as I'm sure these are one of the ways maybe in my country where one can be making real time passive income after setting it up and having the right management run this things.

[dezoel]

I think the question is not about investing your money and then making money from your money. That is passive investing but not "your time" that you are passive investing. Things like music, blogs, books, paintings and other stuff like that (even NFT images which you charge a fee for each trade) is the ones we are talking about.

The example was that if you write a book, and it gets published and sold, you do not work anymore, you spent time and now you don't spend any time, you didn't spend a single dollar, just your time, and then you started making a passive income off your time. That's not common and pretty hard thing to do, definitely requires a good talent.

[Poker Player]

Passive income in the Stock Market thru Dividends. That is the closest one to a real passive investing.

Yes, that is the classic example, as I have explained in previous posts.

What happens is that on the one hand it is not the only one, and also dividend investing would be an example of an invested capital that gives you passive income, and not a job that gives you directly that income, which is what I want to explore in this thread.

That is, you can work in a job that gives you active income, save part of that active income and invest it to give you passive income.

What I am thinking about now are ways to work directly to get passive income.

BTC HODLING is easily one of the biggest examples of great passive investments when luck is on your side.

I agree only with the first part of what you say, not that there is luck to be had. What you have to have is patience and know what you are doing.

If you'll have more interest in offline businesses then I will advice you get into farming or real estate as I'm sure these are one of the ways maybe in my country where one can be making real time passive income after setting it up and having the right management run this things.

As I said in response to a previous comment, that's only really passive if you're a big landowner and you hire people to do the work for you.

That is passive investing but not "your time" that you are passive investing. Things like music, blogs, books, paintings and other stuff like that (even NFT images which you charge a fee for each trade) is the ones we are talking about.

The example was that if you write a book, and it gets published and sold, you do not work anymore, you spent time and now you don't spend any time, you didn't spend a single dollar, just your time, and then you started making a passive income off your time. That's not common and pretty hard thing to do, definitely requires a good talent.

Yes

[AnonBitCoiner]

The lawyers and surgeons are able to get income until they are able to work but the others alternatives which you mentioned are good for futures income like that are writing books but investment in Bitcoin are better than all other form of getting passive cash.

Investment in Bitcoin will give advantages to you as well as to your children because investment in Bitcoin will greater opportunity to be considered as an elevated revenue production. business in other sector os also beneficial but if sometimes you cannot work for it then you will be unable to get income. For Bitcoin and other solid coin investment you do not have to work hard just focus onto market situations and take decision accordingly.