One of the most convenient ways to generate passive income is to rent out real estate. Because the prices for buying real estate are prohibi...
One of the most convenient ways to generate passive income is to rent out real estate. Because the prices for buying real estate are prohibitively expensive in many places, those who want to build up a passive income are only likely to consider other ways of building a passive income. We would like to present some exciting ways to sell aside from affiliate marketing or e-books and stock photos.
sell options
A somewhat unusual way to generate passive income is to sell options on the stock market. Here you will find suitable online brokers for options, but also for real ECN providers in comparison.
Options, for example on stocks, give the right to buy or sell a stock at a future date at a predetermined price. In return, the buyer of the option has to pay an option premium that is only a fraction of the share price. So if you now sell options, you can secure the option premium immediately. With a skillful selection of the base price used as a basis for exercising the option, there is a certain probability that the share will later be offered to you by the buyer of the option or that the share will be demanded. Warren Buffett, for example, was able to use this method to make billions of dollars in profits starting with the 2008 financial crisis.
AmazonFBA
It is possible to sell goods via Amazon without having to worry about warehousing, processing the sale, or shipping. The service is called "Fulfillment by Amazon" or "FBA" for short. Basically, all you have to do is select certain products, buy them online and have them delivered directly to Amazon. Own warehousing and shipping to Amazon can also be omitted. It is important that the products are in high demand, although there should not be too much competition on the online sales portal. A clever application or description of the products to be sold on Amazon is also very important, as they are listed on Amazon as practically as in a search engine.
crowd invest
Anyone who lends money to borrowers together with other investors via a Crowdinvest platform can secure regular interest income, which is usually well above the interest income for bank deposits. For example, crowd investment platforms can already be used to invest in loans for real estate investments. It is important that you do not put everything on one card with crowd investing, but invest the money in as many different loans as possible. The problem: If the borrower does not pay the installments for his loan or does not do so on time, the investors bear the entire default risk. The good thing is that investments in loans via a Crowdinvest platform are often possible from just a few euros, so it is possible to build up a comprehensive portfolio and, of course, to generate higher passive income.
E-Learning – Online Courses
A good source of income for creating passive income is selling e-learning products. For example, you can create an online course in the form of videos that can then be sold online over and over again. It is also important here to look for a topic such as stock trading or investments in Bitcoin & Co that is in high demand. Unfortunately, the competition here is now very high. However, quality usually always prevails, whereby the e-learning product must also be "ranked" as high as possible on Google & Co.
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