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