How to generate passive income | Go X? Whether you’re just starting out or are looking to add some extra cash to your bank account, there are many ways to generate passive income. However, it is important to know that there is no magic bullet when it comes to generating passive income. You’ll need to experiment with your options, and see what works best for you.
What can you do with 30K?
There are several ways to generate a passive income, but the most straightforward way is to invest in real estate. If you are lucky enough to have a second home or investment property, you can rent out a portion of the property to generate an income. You can also buy and sell a home for a profit.
One of the easiest ways to make money on the internet is to create and sell a digital product. You can create products that you can sell indefinitely, or you can sell them on a marketplace.
Another example is to create a website that is optimized for passive advertising. You can use services such as Google Ads to monetize your site.
There are several other websites, such as Flippa, that allow you to easily purchase or sell an existing business. This is a great way to build a portfolio without risking any of your own capital.
There are a few other websites, such as Shopify, that will pay you to promote certain products and services. You can even create your own online course and promote it to customers on your own site.