Whether you want to earn Go X – passive income streams or are looking to start a business, there are plenty of ways to do it. Whether you’re interested in selling physical products, digital guides, or licensing music, you can find a way to make money doing what you love.
How can I invest 10k in passive income?
For example, if you enjoy photography, you can sell your photos to stock photo companies such as Adobe Stock or Alamy. These companies will buy your images and then share the profits with you. You can also sell your photographs to companies that use them for websites, articles, and other purposes.
If you have a knack for writing, you can write and self-publish a book. You can then list it on Amazon’s KDP page, where you set the price. If it is popular enough, you can then collect royalties and repeat sales.
Another passive income idea is to buy a rental property. You can also rent it out on sites such as Airbnb. Buying a rental property will require some upfront investment, but you will not have to do much else. You can also work with a property management company to handle the day-to-day maintenance.
If you do not have time to do everything yourself, you can hire someone to run your blog for you. You can also sell video courses, digital art, and e-books. Depending on your skill and niche, you can charge a fee for these products.
If you have a car, you can also become an Uber driver. You can sign up with a company such as Wrapify or Carvertise.