Passive Wealth Roadmap
A passive wealth roadmap is a plan to generate income with minimal effort. It can include a variety of strategies, such as investing in stocks, real estate, or high-yield savings accounts, or creating content online.
Strategies
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Investing in stocks
- Dividend stocks: Receive regular payments from a company’s income
- Index funds and ETFs: Invest in a collection of securities
- Dividend stocks: Receive regular payments from a company’s income
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Real estate
- Rental properties: Purchase a property and rent it out
- Peer-to-peer lending: Lend money to others
- Rental properties: Purchase a property and rent it out
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High-yield savings accountsEarn interest on your savings
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Affiliate marketingPromote a company’s products or services and earn a commission for each sale
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Creating content
- Blogging: Create a blog or YouTube channel
- Writing: Write an e-book or create an online course
- Blogging: Create a blog or YouTube channel
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Selling
- Selling photography: Sell your photos online
- Selling designs: Sell your designs online
- Selling photography: Sell your photos online