SUPER SIMPLE : HOW TO MAKE PASSIVE INCOME WITH $1,000

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DESCRIPTION:

HOW TO MAKE PASSIVE INCOME WITH $1,000

#1: USING THE $1,000 TO BUY $1,000 IN DIVIDEND STOCKS

* A stock pretty much represents a small ownership in a company. 

* And in exchange for being a small owner in the company 

* You get a tiny amount of their earnings.

* Which is usually paid out every 4 months as a dividend. 

* And when it comes to dividend stocks, there’s no shortage of them out there with varying degrees of profit.

* Feel free to get a stock in the description of the video.

#2: INVESTING INTO AN INDEX FUND

* An index fund is basically a collection of companies and stocks that you can buy into.

* So you own a small percentage of EVERYTHING. 

* I personally like index funds because they’re extremely diversified.

* They don’t cost a lot of money

* They tend to be stable, consistent, and most index funds perform BETTER than even professional hedge fund managers.

* Also it’s extremely simple for lazy investors.

#3: BUYING A REIT

* This stands for Real Estate Investment Trust.

* It’s just like being able to buy a stock in a company.

* Imagine this like you’re buying a stock in a property. 

* Real estate investment trusts basically pool money from investors, buy up properties within a certain category - like medical buildings, shopping centers, senior citizen centers, or residential apartment buildings…and then pay out a portion of their profit as a dividend.

* Do a lot of research with this. This is either a win or loss, no in betweens for a REITS FOR ROI.

#4: BUYING BONDS

* Companies, states, governments, and so on, will offer you a chance to invest in THEM.

* They will pay YOU back with interest for giving them a loan. 

* They set the terms of the investment, and it’s up to you to invest in them or not. 

* Typically, bonds might have a holding period of a few months to 10 years or more…the choice is up to you in terms of what you want to invest in. 

* This is an extremely safe investment. But in most cases it will not beat inflation. It’s more for just parking money and “helping out the entity”.

#5: CREATING A YOUTUBE CHANNEL

* Here’s the thing with YouTube: it’s very much an ACTIVE business. 

* You spend a LOT of time growing your audience.

* Perfecting your message, interacting with everyone, honing your skills, and editing.

* And it’s continuous if you want to GROW.

* The youtube algorithm rewards consistency, so you MUST keep posting.

* BUT once you get a backlog of videos up on the site, and you become monetized you can make a lot of money from a $1000 investment.

#6: AFFILIATE MARKETING

* This is something that takes WORK to get this