One of the problems with passive income is that it can take so long to get going. Investing in something like dividend stocks is great – but it takes a huge amount of capital to earn anything decent. Some people spend decades building up a portfolio of dividend stocks.
So I wanted to come up with 5 ideas that can either start generating a decent amount within months, or can be started for very little money.
Here are my top picks:
Did you know that it's possible to make money from running your own Minecraft Server. Minecraft is one of the worlds most popular games with over 100 million people playing it every month. While not all servers make money, the most popular ones can bring in over $100k every month. So if you've been looking to combine your love of gaming with making a little extra money on the side, read on to find out how:
Blogging is still a reliable way to earn some income on the side. Or even a full-time income, if you can dedicate enough time. Anyone can setup and start blogging, but making money from a blog is a bit harder. In this guide I'm going to walk you through what I believe is the best way to make your first $1000 from blogging.
Passive income is the ultimate form of income. Because it's not directly tied to the amount of hours you're working, it gives you freedom!
In this post i'm going to break down the ways I'm earning passive income this year. It's changed a lot since 2018, and although I'm not making as much as I was, my income is more diversified and more stable. Hopefully this will inspire you and give you some ideas on how you too can build passive income.
Are you looking for the best alternatives to Plus500? I don't think Plus500 is a great platform. And I think it's a really bad platform for newer traders.
If you've lost money on Plus500 or you're just looking for a better trading platform, read on to find out my top picks.
Have you come across the worlds largest social trading platform, eToro and wondering whether it's the right platform for you? Well in this post I'm going to break down what you can do on eToro, what your expectations should be. This way you can make a more informed choice before signing up.
Are you looking to start copy trading on eToro? But not sure who you should be copying? I regular review people who I think might be good for copy trading. Remember to always do your own research.
In this post I'm going to be reviewing french forex trader OlivierDanvel. But first a little bit about what copytrading is:
If you're not an experienced trader, trying to make trades on your own is both risky and difficult. So what if you could automatically copy the trades made by more experienced traders? Well now you can. In this post i'm going to show you how to copy trade as well as suggest 3 traders that might be of interest to you in 2019.
Remember that past performance is not a reliable indicator of future performance. So do your own research and invest wisely.
Trading is one of the few unique careers that can be done from anywhere, in your own time and doesn't rely on anyone else but you. It's also one of the things you can do to gain financial freedom – freeing yourself from working 9-5 and a fixed income.
Trading isn't a get rich scheme. It takes skill, patience and the right mindset. And like anything in life, it takes practice. All traders will fail to begin with, the trick is to keep going, keep learning and manage your losses.
Here's a step by step approach to getting started trading.
eToro is the trading platform I use. It has some excellent features including copy trading. In this post I'm going to share with you everything that is new for this year and how you too can get started trading and copy trading.
Let me know in the comments if you have any questions or need any help getting started on eToro.