Hello, Guys, G Pall here and I’ll be going over today how to make truly passive income online. I see a lot of people talking about passive income. And a lot of the methods they’re teaching but it’s not really passive income. I’m going to be showing you ways that you don’t have to do any work. Like zero work and have the money come in on this post. So don’t stop reading this post before the end.
Introducing Myself :
Hi, This is G Pall. I’m doing Internet Marketing since 2014. At the very beginning, I worked cash my link CPA company by promoting watching movies. Then in 2016, I started working with affiliate marketing on Warriorplus and Jvzoo. I promote their products by reviewing. After that, I was outside a few months for my Textile Engineering Degree. After 2017 I started to release products in WarriorPlus. Till now I released over 50+ quality products in WarriorPlus. Now at present, I am creating info products on W+ and promoting various W+ and JVZoo products. But my main focus on LEGENDARY MARKETER. Because I LOVE High Ticket Program and everyone should join a High Ticket Program.
Purpose of This Answer-Today Blog :
I am honestly saying my one and only purpose is to help people who want to make money online. When I was a green newbie I had searched for everything here and there. But most of the time I don’t get the exact answer to my questions. So, I decided to create a website where people can learn the truth. That is why I’ve created this blog(answer-today.com). Here you can easily get your basic questions to answer. I regularly post the answer to the question people are asking everywhere. I will try my best to provide the best answers to your question. So I suggest you bookmark this website so that you don’t miss any update.
What Is Passive Income?
Passive income means you don’t have to work for it. This means you don’t have to actually have really anything going on. You don’t have even have to have a website. You shouldn’t have to pay any bills. It just comes in and it goes to your bank account. There’s nothing going out. There’s no work or any money you have to spend to get it.
What Are These Way To Make Truly Passive Income Online?
I’ve listed them all out right here. Giving you examples of each of them. I’m going to go over 6 methods to make truly passive income online. Keep in mind that these methods are not ranked in any order. I put numbers to them but they’re not it’s not like one is better than the other. But these are going to be truly passive income methods.
1. Writing A Book
Now, this process has been made very easy through the Kindle Store. If you go on amazon.com, you can find the Kindle allows you to self publish using Amazon. So, you no longer have to deal with publishers other than Amazon. You don’t have to warehouse your book. You don’t have to produce your book. It’s literally an e-book. All you have to do is write it and Amazon whether you don’t need a website or anything for it. You just let Amazon host the book for you. Sell the book for you and that’s it. So, writing a book is a very good way to make passive income.
2. Peer To Peer Lending (P2P)
This is a pretty interesting method to make truly passive income online. And it’s called peer-to-peer lending. Sort of like an investment. But you don’t even have actually invest if you’re using peer-to-peer lending. You can actually use your own credit. So, if you just have a credit score, you can use them to make money online. You can also loan money and these are microloans. So, in the past or still today, big banks loan people money because banks have all the money. But nowadays, because of the internet essentially, anybody can loan anybody else money. And these microloans, I think on average about 11% interest on. Which is really good. That’s much more money than you’d earn if you keep it in a bank.
3. Affiliate Marketing
If you’re doing affiliate marketing, write down in the comments. Let me know how you’re doing it. I’d love to know if you’re doing affiliate marketing with Pinterest and Clickbank or Google and share a sale or Facebook and Commission Junction. Whatever you’re doing, let me know. But affiliate marketing is how I earn a lot of money. And I have multiple income streams within affiliate marketing that pay me out residual commissions. A lot of people do affiliate marketing the wrong way and they don’t earn passive income, okay? There are most ways of affiliate marketing that will not earn new passive income.
The way I recommend which pay you recurring commissions. If I shut down everything today like stop my website bills, deleted my YouTube channel, I would still have commissions coming into me every single month. Because I’ve joined a number of affiliate programs hosting companies, training companies, etc that pay me recurring commissions. I make roughly, it’s something crazy like $10k to $15k a month just recurring. If I shut down everything I’d still be making. But you have to do a lot of work but then it’s passive.
This is one of my favorite methods to make truly passive income online. Start a YouTube channel. But the YouTube channel isn’t going to be passive income if you’re posting up videos every day. If you had videos from years ago that are still getting a lot of views then you make money from it. And you can make a couple of hundred bucks a week or something like that. But you don’t have to do any work for those videos. Those videos are hosted by YouTube. People buy ads on them. So, you make money on them and it’s very easy to do a YouTube channel.
I think it’s great you have to be entertaining. You have to be comfortable to get in front of a camera. And you have to have something interesting to say. There’s a lot that goes into YouTube and you need to hire good editors if you really want to do it right. Or you need to learn to edit. But everything you can do on your mobile phone. So, you really don’t need any money to get started on YouTube. And it can become a large passive income source.
5. Stock Investing
The next one is stock investing, okay? So, you can invest in stocks and stocks will earn you money. You don’t actually have to do any work for it. Because you’re letting your money work for you and that’s passive income. You’re not doing any work for it. It’s just sitting there working for you. And the real way to retire is when you have enough passive income to support the rest of your life.
And if you were just to go off of stock investing and very let’s just say conservative gains. The conservative portfolio would gain about 4% a year. So, if your lifestyle costs $40,000 a year, then you need a million dollars in stocks and you are retired. You have enough passive income to supplement your lifestyle. And you will never have to work for the rest of your life. As long as you don’t go about $40,000 a year.
6. Real Estate Investing
Now, the last passive income method is real estate investing. There are ways to do real estate investing such as buying duplexes or buying four-unit apartment buildings or stuff like that. Where you have people paying you to rent every month. And they’re paying you more rent than what your mortgage or your loan is on the property. So, that’s a really great way to get passive income as well. But I don’t believe real estate investing is as people make it seem.
Final Opinion: How To Make Truly Passive Income Online
All of these methods are great ways to build up that passive income because that’s how you retire. And that’s really the important thing. You’d like to never anyone to be great you never have to work again. Even if you wanted to, never have to. And just always have that safety net of money coming in.
Now, let me know in the comments below what method was the most interesting to you to make truly passive income online. Was it writing a book or p2p lending? Was an affiliate marketing, YouTube, Stock investing or real estate investing? Let me know in the comments below. I’d love to hear what you’re most interested in. And whichever one gets the most votes or comments, I will end up doing an article going more in-depth on that. So stay with our blog. Talk to you soon with a new post. Have a good day.
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