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Step-by-step to passive income - How you can do it too

01/16/2024 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

1. Invest in dividend stocks: Invest in stocks that pay regular dividends. These stocks will generate income for you on a regular basis.

2. Invest in bonds: Invest in bonds that pay interest on a regular basis. These bonds will generate passive income for you.

3. Invest in real estate: invest in real estate to generate rental income. You can use this rental income to cover your monthly expenses and generate passive income.

4. Create an online business: Open an online business and start selling products or services to earn passive income.

5. Invest in crowdfunding projects: Invest in crowdfunding projects to earn a return and generate passive income.

6. Write an eBook: Write an eBook and publish it online. You can then generate income from the sale of the eBook.

7. Create a blog: Create a blog and monetize it to generate income.

8. Create a niche website: Create a niche website and monetize it to generate revenue.

9. Invest in cryptocurrencies: Invest in cryptocurrencies to generate passive income.

10. Create an app: create an app and sell it to generate income.

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