8 Passive Income Ideas (HOW I MAKE $58K/MONTH)
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- Опубліковано 11 тра 2024
- The 8 passive income streams I currently have and you should consider building too! All of these income streams took me less than two years and there's no reason why you can't do the same!
TIMESTAMPS
0:00 - Intro
0:31 - Dividends
3:21 - Interest
5:17 - Options Trading
6:40 - UA-cam
9:08 - Affiliate Marketing
11:16 - Online Courses
13:40 - Rental Properties
16:25 - Camper Rentals
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**THINGS MENTIONED IN THIS VIDEO! 👀**
💫 Mutual Funds Vs Index Funds Video: • Index Funds vs Mutual ...
💫 Options Trading For Beginners Playlist: • 📈 Options Trading For ...
💫 The Stock Screener: finviz.com/
💫 Learn More About I-Bonds: www.treasurydirect.gov/saving...
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**BOOKS I RECOMMEND 📚**
I Will Teach You to Be Rich (hilarious how-to book on personal finance for millennials)
amzn.to/2VbJ1Pt
The Little Book of Common Sense Investing (Jack Bogle's classic advice on index funds)
amzn.to/32ewzjj
InvestED (step-by-step, millennial-friendly advice on how to pick stocks like Warren Buffett)
amzn.to/2SLTYpn
Unshakeable (this book = courage. blast ALL the fears & misconceptions you have about investing)
amzn.to/2SKyklt
Rich Dad Poor Dad (#1 selling personal finance book of all time... need I say more?)
amzn.to/2SJ6vtx
Think and Grow Rich (the ultimate book on money mindset and wealth consciousness)
amzn.to/37N2adc
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**MY FAVORITE MONEY TOOLS 🖤**
YNAB (I literally can't live without this budgeting app, so obsessed)
www.youneedabudget.com/?ref=Y...
Wise (like Venmo but for international currencies - I use this app a LOT for my life in Mexico)
wise.prf.hn/l/413jE0q
Ledger Nano S (crypto storage hardware wallet, because "Not Your Keys, Not Your Crypto"!):
amzn.to/3Ne37jy
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DISCLAIMERS & DISCLOSURES ❤
This content is for education and entertainment purposes only. Rose does not provide tax or investment advice. The information is being presented without consideration of the investment objectives, risk tolerance, or financial circumstances of any specific investor and might not be suitable for all investors. Past performance is not indicative of future results. All investing involves risk, including the possible loss of principal.
This description contains affiliate links that allow you to find the items mentioned in this video and support the channel at no cost to you. Investing With Rose is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to www.amazon.com. Thank you for your support!
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SAY HI ON SOCIAL! 👋🏼
Website: www.rosehan.com
Instagram: / itsrosehan
TikTok: / itsrosehan
Pinterest: / itsrosehan
Let me know which one of these passive income ideas you want to start building today! 👇🏼
I wanna up my dividends I’m getting cents on my investments although it’s reinvested
Investing in Real estate!
Online courses makes pretty much 80% of your passive income, but its possible because of your UA-cam following. Well done though. This is amazing :)
Great video Rose! Looking forward to your RE rentals!
Dividends
1, dividends
2, interests
3, options trading
4, UA-cam
5, affiliate marketing
6, online courses
7, rental property
8, camper rentals
Stocks and share trading buy low sell high on those big blue chips is my choice
Rose…remember last year when we got scammed by people impersonating you? As you know, we are an older couple, and we got scammed out of our entire their life savings. What I don’t get is, Rose, you KNEW it was going on and did nothing. It was a very elaborate con, so we put it all on rosehanscam for all to see- It’s very sad that you didn’t do a thing to protect us all. Why didn’t you take responsibility? Rose…why? You were kind at first, but then you got defensive once you saw that it was truly your fault for not letting everyone know…and then you ghosted us. @@workertotraderjourney9007
@@workertotraderjourney9007Can you teach me how? I’m tired of my life
Thanks for saving me 20 minutes
Finance and Business books have been so helpful. I’m 55 and my wife 50 we are both retired with over $3 million in net worth and no debts. Currently living smart and frugal with our money. No longer putting blames on FED for our misfortunes. Saving and investing lifestyle in the stock market made it possible for us this early, even till now we earn weekly.
You have done great for yourselves. I understand the fact that tomorrow isn't promised to anyone, but investing today is a hard thing to do for me now because I have no idea of how and where to invest in. I would be happy if you could advise me based on how you went about yours, as I am ready to go the passive income path.
That is so amazing, I’m trying to get onto the housing ladder at 40. I wish at 55 I will be testifying to similar success.
Heard many good recommendations about Stephanie Kopp Meeks by some YT channels, Seminars and other platforms
Thanks so much I was able to find her page and I already leave her a message.
What books i am looking to learn and grow for my retirement and have a massive savings amount.
The most important thing that should be on everyone mind currently should be to invest in different sources of income that doesn't depend on the government. Especially with the current economic crisis around the word. This is still a good time to invest in various stocks, Gold, silver and digital currencies.
The key to big returns is not big moving stocks. It's managing risk in relationship to reward. Having the correct size on and turning your edge as many times as necessary to reach your goal. That holds true from long term investing to day trading.
@@IrenaDolinsek Even with the right technique and assets some investors would still make more than others, as an investor, you should’ve known that by now, nothing beats experience and that’s final, personally I had to reach out to a market analyst for guidance which is how I was able to grow my account close to a million, withdraw my profit right before the correction and now I’m buying again.
@@AstaKristjan Fantastic! can u share more details?
@@simonbad The coach I use is actually quite known, Avery Barnes Whidden, she has a wide presence on the web, so you can just search her.
@@AstaKristjan She really seem to know her stuff. I found her online-page, read through her resume, educational background, qualifications and it was really impressive. She is a fiduciary who will act in my best interest. So, I booked a session with her.
Great stuff Rose! Dividends are amazing...especially the qualified ones! Yes...always want cash in an interest bearing account. You are the one that got me into options trading and I can't thank you enough. Primarily sell put options with a strike price below the market price hoping for them to go OTM (out of the money) so I keep the premium. If I get assigned, no biggie because I'll happily own 100 shares of the respective stock/fund. REALLY want to be a UA-cam creator, get into Affiliate Marketing along with producing/selling Online Courses. One day *crossing fingers*. :)
My spouse and I are adding a variety of stocks/ETF to my present holdings for the long term, We've set aside $250k to start following inflation-indexed bonds and stocks of companies with solid cash flows, I believe it is a good time to capitalize on the market for long-term gains, but it wouldn't hurt to know means of actualizing short term profit.
The current market might give opportunities to maximize profit within a short term, but in order to execute such strategy , you must be a skilled practitioner.
I agree, I've been in constant touch with a Financial Analyst for approximately 8 months. You know, these days it's really easy to buy into trending stocks, but the task is determining when to sell or keep. That's where my manager comes in, to help me with entry and exit points in the industries I'm engaged in. Can’t say I regret it, I’m 40% up in profits just in 5months with my initial capital of $160k
Please can you leave the info of your lnvestment advsor here? I’m in dire need for one.
credits to LEILA SIMOES PINTO, one of the best portfolio manager;s out there. she;s well known, you should look her up
Thank you for this Pointer. It was easy to find your handler, She seems very proficient and flexible. I booked a call session with her.
Thank you so much Rose for changing my life! I came across your channel after being at such a low point financially, and I have been rewatching your videos on repeat. I have them playing as if they were a podcast everywhere I go. Your story is so inspiring and keep doing what you are doing!
Rose again delivers an excellent informative production which sums up so many ideas for people to make money. There's something here for everyone.
This is quite educational. It's crucial for newcomers to keep in mind that the financial markets are highly irrational in the short run. You should constantly be ready for the unexpected. That is how chance operates. Because of the inherent risks in the market, I always favor long-term investments.
These uncertainties will always be there. Thing is, every once in a while, the market does something so stupid it takes your breath away. If you’re not ready for it, you shouldn’t be in the market business. or get you a skilled practitioner.
I agree, reason I have all my invt-decisions ran through a coach on a daily-basis, it’s been 3years and counting and I’ve grown over $2million in gains, my coach's-analysis so far has steered me off losses and troubled waters and guided me make the most off major-breakthroughs in the mrkt, and esp. in this downtrend, her safe haven asset- trading, short-selling, ETF shorting skill-set are very essential..
I've been thinking of going that route, been holding a bunch of stocks that keeps tanking and I don't know if to keep holding or just dump them, think you coach could aid me with portfolio-restructuring?
I encountered Pamela Kay Regel through a CNBC interview, and I look her up. She is guiding me. Since then, she has given me chances to buy and sell the stocks in which I'm interested. You can hunt her up online if you require care supervision.
Insightful... I was curious after reading what you shared, so I Googled her name. I came across her webpage.
It's been about a year since I've been to this channel. Glad to come back and see Rose absolutely KILLING IT with almost 700,000 subs ! Mind-blowing...... and well-deserved for such a nice young gal with great content.
🙌.
I’m so thrilled that you started talking about real estate and excited to hear more about rental properties! I will be looking out for that! Thank you so much Rose!
I've come to realize that money is a tool. I’ve worked so hard over the years to realize that if you don’t make money work for you, you can’t experience true freedom. fully retired with over $3.5million, my dividends is supplementing my retirement at the moment. started saving and investing in 2010 in growth, No regrets and financially free
You're really doing well for yourself, my retirement plans are going down the drain, I've tried investing in the stock market several times but always got discouraged by fluctuations of stock value
Will recommend you speak with *Jenny Pamogas Canaya,* she will assist you
thanks for sharing, hope to speak with her soon. I've known I've wanted to start investing for a few months but just haven't been brave enough to start due to the market so far this year. but its hard to bite the bullet and do it
I recently had the pleasure of watching * Jenny Pamogas Canaya* on television, and I must say she is an exceptional speaker. However, I'm curious to know if you have experienced any financial gains while working with her?
@@Lemariecooperyou understand this is scam right? Unless you are hand in glove with the scammer.
A very enlightening talk. Basically your home run to a substantial monthly income is the digital courseware sales. Then UA-cam revenue and real estate rentals a distant second. The rest being small outliers. Thank you for sharing.
Welcome back Rose, I hope you are enjoying your new place. I found this video very insightful and inspiring, thank you
Yes, looking forward to hearing about your rental properties!
Thanks for sharing awesome tips. I started my path to reinventing myself a year ago, I'm now living healthier, confident, stronger, making 6 figures, having leisure to enjoy family & friends. I feel happier and living my life for myself. This is to encourage someone "you can start anytime to have a reset it's worth it! I'm striving to continue growing cus it's a journey.
I really appreciate your transparency in sharing actual numbers!❤
🙌.
Hi Rose, I started watching you back in 2019 and bought FSKAX stocks (in 2020) back in the day! I have learned so much from you and hope that life is treating you well. We will take any video update; from money, to what life is like in Mexico/home, and your festival videos! Everything you put out I thoroughly enjoy watching. Thank you for sharing your knowledge and life updates.
That means the world to me, thank you for following my journey 💕💕
🙌.
@@itsrosehan 😮
Ahhh I'm genuinely happy for you Rose :)
Found your channel in 2020, and you've grown so much since then!
Thank you for following my journey 💫💕
Thanks for this Rose. Needed this push and encouragement.
Rose you have been such an inspiration to me and you have taught me so much!
Hi Rose, this is my first post ever!! I really like the online course idea that you shared. Dividend investing seems to be better when you have a big amount of money that is growing. Also, I plan to take your options course! Go, Rose, go!!!
Thank you, Rose. I'm currently collecting dividends from stocks, P2P lending and will soon put some property for rent. I also use the Everest Formula tool with which I have put up quite a bit of money over the past few years with little effort, even if it can't be defined as passive income. Keep up the good work!
Everest Formula, eh?
Very interesting. Thank you.
Amazing video! Thank you so much for the great content!! I have finally started looking into options more closely thanks to your videos! One question I always have is whether the short-term capital gains taxes on certain options trades still makes it worth it. Are tax implications covered in your options trading course? Any suggestions on where to learn more about that? Thanks!
Great that you’re looking more into it with my videos! 🙂 Options trading income is taxable just like regular paycheck income since it’s short term. There’s not much else to it, it’s just like being self-employed and having to set aside a portion from whatever you get paid!
Just found your channel. I started with an HSA video where you admitted that a year ago you thought that an HSA was just another checking account ... so I listened to the rest of the that video with a grain of salt. But then I watched this video and I have a whole different impression of you. I have to say, this is a TERRIFIC bird's eye view of passive income streams. You say a few "golden nugget" comments that make me think and believe that these things are within my grasp. Your videos are 100% authentic and truly inspiring. Thank you.
i'm usually not one to comment on youtube videos, but wanted to say thank you for creating the content you do! :) i'm 22, just started my first full-time in july 2022, and i grew up low-income.
just 2 years ago, i remember being asked during a workshop with one of my favorite professors, what one of my goals were in this lifetime. i told her it was to one day make 6 figures, and i'm now realizing how small that goal was. i didn't realize i'd be in the position to easily obtainable it so soon. growing up, i felt like 6 figures was the ultimate goal, and now i'm realizing it's very likely I'll reach the goal within the next few years (way quicker than what my younger self thought), and now i'm looking for other ways to make passive income, in addition to my 9-5!
this is a great start for me, thank you for teaching me about opportunities i wouldn't have otherwise known or thought of myself!
love that you're starting so young! 6 figures is still a big worthwhile goal... for a long time my goal was just to get to zero (when i was in debt). just know that once you reach that, the sky is the limit!
Rose, you are great! Thanks for the content lady! I'm already doing 3 of the income streams you talked about. 😊 The affiliate marketing idea sounds interesting 🤔
That’s great you already have 3!
Just found your channel yesterday and I love it so much already. I'm a self made man. I have a net worth of around 300k with half of that in cash. I am debt free and totally own my home. I have a few passive income streams but I've been pondering on how can I generate more passive income and how can all these thousands of dollars I have accumulated generate even more money? Your videos are really giving me great ideas! I subscribed! Thank you!!!
I had watched pretty much all your videos so inspiring. I'd opened a Roth IRA with Fidelity and find a way to park my money in a high interest checking because of your videos. Thank you, wish you come out more videos like you used to.
6:59 Actually, you need to reach both in order to get monetized, not whichever comes first. 😊
Love your content Rose ☺️
Rose I'm so happy I found your channel. You are a wealth of knowledge and you're absolutely right you have to get out of your comfort zone to make some money and I think that UA-cam is a fabulous thank you but you also brought up some great ideas with stocks, thank you
Thank you, respect the honesty and spirit of sharing you've there, so inspiring for me, need to learn a lot!
Great video! Love seeing some different ways to make passive income. :)
Thanks you for the ideas and effort put in this video Rose!!
I learned a lot from this 19minutes video -Thanks a lot for clearly explaining it ! Working hard for my UA-cam channel now and hopefully earn some passive income from it :)
Hi Rose, I just found your channel and just subscribed and I’m learning so much. Thank you. I was wondering if you could do a video suggesting which platforms to invest on for these passive incomes. I find it very confusing because there are so many options out there and some of them are easier to use and others for beginners. I have tried out M1, Stash, acorn and E*TRADE. I was unable to figure E*TRADE out at all lol I signed up for a Fidelity brokerage account, but I’m not sure if that’s the best route to go and I want to try to keep things mostly with the same company if that’s possible. Also, how do you feel about Fundrise for REITS? Maybe you could do a video on that one one day for us. Thank you for all you do. I appreciate you and your time.
No answer 😢
Love these stock videos so informative and educational thanks Love you're awesome much appreciated 👍👌🏽💯
Super valuable content in this video. Thank you, Rose!😃👍💯🔥
As always, such a detailed and informative video. Thanks for sharing.
I love your investing videos but I also love what someone described as" hippies stuff. " That shows a different side of you which is also appealing. Hope you make some more of those.
Awesome tips, thank you Rose. I recently found your channel...hope you´re enjoying our sometimes chaotic but beautiful Mexico City!
thanks so much for the tips! Quick and concise delivery 👏
Such an Authentic Video. No drama , no quotation from Motivational Books ...Wooow , you got just got a new subscriber 😊
Thank you for sharing all of this great info!
What are your recommended platforms for purchasing ETF’s? (Fidelity, Robinhood, etc)
I like Fidelity but Vanguard is also great :)
What’s up Rose!! Good to see you’re looking bright and glowing. Hope all is well with you and looking forward to more content. 💯
So freaking inspiring, love you Rose!!!
I do high yields savings, options trading, dividends is next once my options trading profits are in the thousands, and UA-cam is the hardest one to really good at. thanks for the videos !
Rose I have been watching your channel for years, thank you for always providing great information!!
Thanks for being a loyal viewer! ❤️❤️
Love this ❤ I started a lot of these 5 years ago and love having passive income on top of my paying job 😅 hoping to retire in my 50s lol
Curious is you learned how to do funnels and create digital courses and did the work yourself or if you hired out. Thanks for the video. I’ll be back to rewatch and check into the investment portions.
Congratulations! Hugely admire what you've accomplished!
The camper rentals is a great idea. Thank you!
Bless you for taking the time to help others!
You are amazing! I definitely need your help to build!!
Thanks for the excellent content, this is truly transforming info. By the way, how's the Fundrise Investment going? Any video or updates on that?
Love your videos! Very practical easy to follow and inspirational! Thank you 🙏
Great ideas Rose. You are awesome.
Thank you for great and honest content!
May I know what editing app you use, love your videos, very educational. Thank you for what you do. ❤
Thank you Rose! you out here doing God's work 👏 much love
Great video! Thank you. Just to clarify, UA-cam monetization takes both 1,000 followers AND 4,000 watch hours? You said either one or the other. If that is true, I’d be very excited!! Let me know
Really great content! I just subscribed! Can’t wait to learn more!
You're amazing! Thank U for sharing. You make it make sense😆🥂
I just found your site and really enjoyed Index vs Mutual vs ETFs. I will continue to watch more and subscribed.
I be interested in hearing your view points on Split Shares, Class A, and ETFs covered call leveraged ETFs like HYLD HDIV HDIF. Being in Canada there are lot more choices with ETFs leveraged CC products but starting to see more high yield ETFs being created in USA.
I absolutely love your content and a long time follower. Although, I recommend upgrading to a microphone because clarity level could improve. Are you still interested in the travel life? Keep going! You are awesome.
Wow, these are very great ideas! Thanks for sharing!
Very useful video Rose, thank you! I'm getting good income from options trading ... and the most useful training that got me to this point was your 'In The Money' course. I highly recommend it!
Glad it was helpful and kudos to you for putting in the work to learn it! 👏🏼💕
How to sign up your options trading?
Yea $3500 a month on UA-cam. So realistic 👍🏽 and a common thing. Some of us aren’t good at making videos and are not outgoing enough to make videos.
I wish I had found your channel sooner! I definitely want to do UA-cam for language learning and real estate investing!
Hey Rose, for the YPP, it's BOTH 1000 subs and 4000 watch hours! Just a heads up for your vid 😁
Rose delivers with good advice.
Wow!! $20 dollars brought you to this world? Amazing!
Thanks a lot for sharing your experiences in your videos. One can learn a lot and get encouraged to change ones ways of doing stuff to approach life goals
Thank you, Rose. This gave me a couple ideas to think about. I hope life is going well in Mexico City! Take care.
I love how transparent you are, Rose.
she isn't
@@prpl__5115 isn't she? lol
Omg the camper van idea. I could have a vrbo in my backyard!
You make me want to create a youtube just to talk about my journey as a photographer. I know i can do it and I should just take action and set up myself! so a question i would ask is, what process did you do to start organizing your finances?
you should totally do it! do you mean how did i organize my finances while getting my channel off the ground? if so, that would be a whole separate video about my entrepreneurship journey which i am also working on :)
I was looking for videos to make some passive income and actually go for it.
Hopefully I can find something that I'm interested to do and your video came out.😳🤯
I love the way you explained each tip 👏🏽🥰and all the information that you shared with us is legit... 💯🎯
I really appreciate it! 💗
Thank youuuu...💯
This is the channel where I started picking up index investing and how to create a portfolio for Roth IRA. I keep coming back here to see what else I can learn to get to FIRE except that I cannot live in a camper for sure, I need a place that I can call home.
I'm so glad you shared about taking time to rest; no amount of money will cure burnout sometimes. Haha, thank you Rose!
Thank you so much for sharing this information!
Awesome information as usual. I have Capital one 360 and wish i was putting money in it much earlier.
This is Gold information! Thank you!
$235 a month is about $200,000 of Apple Stock. So this is not passive income. You had to have the money first in order to receive dividends. As for savings and bonds, etc. same thing. Investment property? you own three homes? That's a big chunk of change. Perhaps, you should change your title to Investment strategies. This is misleading.
A lot to think about. Some good ideas. Thank you for sharing!
I currently make £84k/yr. No investment and I work from home. I need to do something quick. What can I do?
Open a fidelity brokerage account and connect it to your main account.
My family get income from interest, dividend, rental properties, commissions as a realtor and options trading for years and so far so good.
It boils down to, you have to have money to make money. You have to have a luck and good influence. There is a huge difference between starting as a kid (your parents creating your wealth), parents teaching you valuable lessons, starting late with almost nothing because you lack financial education.
Thanks to social media you can learn all kinds of things online nowadays, virtually free. Having a rough upbringing should never be an excuse. I grew up on food stamps and my parents had zero finance management skills, but I'm still doing very well financially because I studied very hard in school and work super hard to get to where I'm at with my career.
I’d research the concept of compound interest. Depending on your age (thus how long you let the interest compound), you can easily make “passive income” from not so much money. I bet everyone reading this could invest 5.00/month, for example.
One can also literally make money appear, if you choose to do so. At first it might be coins on the ground. Still money, though! ❤
I love you! You have tought me so much and I really enjoy watching your videos. The way you explain and simplify things is amazing. As I watch your videos, I not only learn from you, but you have a way of bringing courage out in me. You have gained a subscriber and an avaid watcher. Thanks for everything and keep the content coming.
You're just AMAZING Rose! Thank you so much!❤
Awesome video! Thank you so much, this is my goal to go passive🎉 you are inspiring!
Rose! You are the GOAT for this video👌🏾
@itsrosehan 3:59 can you clarify. Does the Capital One account you mentioned earn a monthly yield or is it “annual”
I love the cozy aesthetic of this video :) All great tips, thank you! :)
I have just subscribed because your website suggestion finviz because this is amazing!
It is a must have if you're a picky chooser like myself!
Love your energy and enthusiasm.
Thanks Rose! I always get lots of good ideas, motivation and inspiration out of your videos. I appreciate you making them! Keep up the good work 😊
What are the stocks you can recommend for dividends
Great video! What platform do you recommend for sales funnels? Thank you!
How do you set up a business around all these incomes for taxes? Thank you