Each of us dreams of financial independence. However, for the most part, we are forced to work actively from paycheck to paycheck, feeling the eternal fear of losing our job as the main source of income.
Meanwhile, there are options for the so-called passive income, for example What are PAMM accounts? we told in detail. Such earnings do not depend on current activities, the funds are credited to the account thanks to the thoughtful investments made earlier. You can lie on the beach and receive passive income as the only source of funds, or you can work peacefully in the office, while receiving a pleasant increase in income and not worrying about the possible loss of your job.
Here are some of the best sources of passive income in today's selection. Of course, most of the ideas from the top 10 require a certain start-up capital, but there are also ways that allow you to lay the foundation for future income without investment.
10. Credit unions and trust funds
Unlike bank deposits, such investments bring higher income. However, the risks here will be much higher. Credit unions and trust funds do reallocate capital so that money will work and generate income, but only if the fund's management invests it wisely.
9. Securities
Investments in securities can bring a stable income if the investment is made by a specialist. Therefore, such investments require at least minimal knowledge and condition, trends and laws of the securities market. Otherwise, it is better to entrust funds to professionals, paying attention to mutual funds, which will be discussed below.
8. Passive income on the Internet
HYIP - an investment project created according to the principles of a financial pyramid, operating on the Internet. Investors' income consists of funds from newly attracted investors. Investing in HYIP will not allow you to relax - in order not to lose everything, you need to regularly monitor the status of the project.
7. Highly profitable investment
If the investor is not attracted by the independent acquisition of shares or playing on the currency exchange, then the funds can be invested in the most profitable PAMM accounts or pass it on to an experienced trader. Naturally, the owner of a PAMM account will keep a commission from income for his services, but professionals are better guided by the market and know the most profitable investment methods.
6. Playing on FOREX
To play on FOREX, you need to undergo minimal training in order to master the principles of trading. In addition, bidding requires constant attention, which makes the income no longer completely passive. However, when you combine financial literacy with a certain amount of intuition and luck, fortunes are earned on FOREX.
5. Renting out real estate
An excellent option for obtaining passive income, however, it requires an impressive investment at the initial stage. After all, not everyone has a property to rent. If there is an object, then it can provide a stable income from several tens to several hundred thousand rubles per month.
4.Setting up your business
If at the initial stage a new business requires a full commitment of effort and time, then over time a successful business can start working as a well-oiled mechanism that does not require the constant presence of the owner. Best Business Ideas we presented earlier.
3. Website development
Websites allow their owners to make money from advertising. However, for a web page to become a source of passive income, it must be filled with interesting and useful content, promoted on the web, and then maintained in this state.
2. mutual funds
Unlike bank deposits, mutual funds offer a higher income. True, the risks are higher here, however, they allow you to entrust funds to professionals, as well as determine an investment strategy. As a rule, large companies offer several options for mutual funds - from the most reliable with a lower income to high-risk, but more profitable.
1. Bank deposit (Deposit)
The list of sources of passive income is headed by the simplest and most understandable way to invest. At the moment, deposit insurance applies to funds in the amount of up to 1,400 thousand rubles. If you plan to invest more money, then it is better to distribute it among the most reliable banks.