Passive Income: 6 Ways To Make $100 Per Day

Here’s the ultimate guide on how to make $100 per day in passive income, REALISTICALLY, without any gimmicks or impractical ideas – Enjoy! Add me on Instagram: GPStephan

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How To Make Passive Income and $100 Per Day:

1. DIVIDENDS
Anytime you go to buy a stock, what youre REALLY buying into is a very tiny piece of ownership in that company. Owning stock in a company entitles you a portion of their profitsand, many companies pay you a small piece of what they make in the form a DIVIDEND.

2. Investing in a REIT
This stands for Real Estate Investment Trustwhich is just an incredibly fancy way of saying: Youre buyingstockin a company that JUST owns real estate, and in exchange for giving them your investment, theyll pay YOU a portion of their rental income as a dividend. These real estate companies can specialize in just about anything, from medical buildings, shopping centers, senior care facilities, or residential apartment buildingsand that way, you can still get to say you own shopping centerswithout, “Technicallyowning a shopping center.

3. RENTAL INCOME
TheCATCHhere is that – first, you need to build up your credit score above 700second, you need to have a steady source of incomeand third, you need to have a down payment saved upbut, if you can check all three off the list, buying a rental property can be a fantastic way to make $100 per day.

You can also take these strategies to a SMALLER degree by just renting out an unused bedroom in your house, and if you dont mind having a roommate – you may as well use that to your advantage. But, this is not COMPLETELY HANDS OFFso, my thinking is this: if you have the time and interest, do it.

4. Bitcoin / BlockFi
Owning or holding on to Cryptocurrency in itself isntpassive income” … but, there are increasingly more and more websites out there that allow you to place your holdings on their site, and in turn, they pay YOU back with interest. BlockFi is the company that Ive recently been using, and theyll pay you up to 6% for putting your currency platform.

5. The 4% Rule With Index Funds
An index fund is basically just a big basket of stocks that you can buy into for one low price, instantaneously. This gives you the BEST diversification out there, it gives you access to nearly everything in the stock market, and – its incredibly easy to do. Just buy in something like a Total Stock Market Index Fund like FZROX or VTSAXand youre totally done. Thats literally it.

From there, we have the concept of whats known as the 4% rule, which suggests that you can spend 4% of your portfolio for the rest of your life without running out of money. So, if I have $100,000 invested in VTSAXthats $4000 per year in passive income, for the rest of my life, without doing ANY more work on my end. This is PASSIVE INCOME at its finestno phone calls, no one to report to, no one to check on, NOTHINGjust keep buying this and youre completely done.

6. Reducing your spending by $100
According to the Consumer Expenditure Survey, the AVERAGE household budget spends over $60,000 per year in expensesand of that, it was found that $18,000 per year was spent on NON ESSENTIAL ITEMS. That means, statistically speakingif you literally go through your spending and CUT BACK on nonessential items, you might very well be able to save $1500 per month from the household budgetand, in a way, thats almost like getting tokeepan extra $30 per day in passive income that you can re-invest elsewhere.

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*Some of the links and other products that appear on this video are from companies which Graham Stephan will earn an affiliate commission or referral bonus. Graham Stephan is part of an affiliate network and receives compensation for sending traffic to partner sites. The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available.

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