Passive Income : what new for 2024 ?

Passive Income: are the rules changed for this year 2024?

In the digital era with the web 2 and web 3, all the rules might have changed, or maybe not. That’s what we will see today in this article. What is a passive income? Do you have to make some work before get it? How to make a passive income? What can be considered as a passive income? All these questions will find their answers below. Are you ready about it? So let’s go.

What is a passive income?

A passive income is a source of revenue stable that is regular and shouldn’t ask you so much work to be earned. There are some examples of passive income:

• Real estate
• Trading
• Stocks
• Online business
• Blogs
• Investment
• Crypto
etc…

There are many ways for you to get a passive income. But you will need or to invest money or to invest your time, in other words, to make some work before.
As said Mr. Kyosaki, asset is money coming in your pocket. At the inverse liability is what making money going out of your pocket. Even if you want to invest to get passive income, you will need to work first to get this investment. For example, if you want to mine crypto coins, you will need to get the rigs, and to get rigs you will need to invest. Then after comes the price of electricity and different expenses linked to the crypto mining.

How to make a passive income when you stay at home?

When you’re at home, and you want to make some money easily, fact is nothing is really easy when it comes to money. Anyway, if you want to make money, you first need to make a decision about what you want to do and stick off it. If we stay on the example of the crypto money. You will need to make your own searches about what is crypto, which are the good coins and alt coins and which of it you would purchase or not by investing in it.

If now we speak about internet business as blogging or e-commerce you will need to have a lot of work first. You will need to find the products, put them on your website, to write the posts for it and all that’s stuff. And most of all, you need to learn how to do it. This is why mindset is so important.

What are the best passive incomes for 2024?

Here we will give you some ideas, if it’s not enough don’t hesitate to surf on YouTube and find some “teachers” that will show you how to do.

1) Real estate: if you already have money, or if you can loan some debts in bank, the first way to make passive income still be real estate. You can buy lands, houses, flats, lofts even parking places and rent them to people. For flats and house, Airbnb is a good way to have a good passive income as people pay by night or by weeks. You also can find some people that need a house to rent yours, and then every month you’ll get money.

2) Internet business and blogging: since internet has entered in our lives, the web changes all our ways to see the world around. That’s why open an e-commerce store or a blog, still a good idea nowadays. So let’s learn it, it will take some time before to have results but after this passive income will come automatically. Don’t think it’s easy because it’s not, but with patience, determination and effort, you will get what you want.

3) Crypto currencies: investing in crypto is a very good idea even with the fluctuations that it encounters. But it’s a cycle of around four years and specialists and statistics tends to say and to show that it’s actually one of the best way to become richer easily and make good money. This year will come what we call the halving. In just some words, all the crypto are based on the BTC, and every four years the mining time of BTC is made twice longer. So you just can get the half of what you could get in the same length of time before. This year it’s exactly the next halving, so if you begin to invest now, you will make good money. But it’s still tricky some will lose money and some will win, take good information about before to take your decisions. Anyway, it’s still one of the best ways of passive income for long term. We trulythink that crypto is the future. And invest in the future is all the time a good idea.

There is a bunch and more of ideas of passive income to get for you and your family. You can find so many of them, for example, there are some apps that paying you to test other apps.

Is investing in precious metal a good idea for passive income?

Precious metals are not made for passive income, but more to keep and store value. If you want to invest in metals as gold or silver, It’s more to have your money stored anywhere else than a bank. Precious metals, actually we will focus on silver, but it works the same way for gold. So for silver, when you buy some ingots or bullions or else, you’re investing your money in something valuable that might increase with time. But it won’t bring money into your pocket regularly, that’s why it’s not a passive income. In terms of storing and keeping value, nothing, a bit of precious metals.

Conclusion

Everyone wants to have some passive income to close the month, or to get a better lifestyle. It’s all depends on what you want and what you can do with your free time or else. We hope you’ve enjoyed this post that took a lot of time to be made. Stay in touch with us to know more about these topics and even more.