Mega Thread - Passive income ideas
Most of us here are having a mindset that we want to achieve FIRE early. For that passive income is somewhat crucial to help us reach our goal faster. Lets collect all the ideas that is helping you earn little extra from which everyone can benefit from.
Nibbles
Student
24 days ago
I'm not doing all of them, only some. But I see people around me doing these and they work:
1. You can use AI to either create a digital product or just ecomm/merch. Digital product can be something like an AI generated comic/story book. For merch you can pick up any underserved niche, generate designs and put them on merch and sell it either through platforms like etsy or setup your own storefront.
2. Obvious - invest wisely in a diversified portfolio.
3. Long-term goal should be to set up a good source of commercial rent. This can set your entire retirement. Someone I know is about to retire with ~4 lakhs per month just from rental income. No generational wealth or anything, just smart investments.
2nd - I am already doing
1st is something I want to explore since long time
3rd Sounds interesting, Is he investing in commercial properties? What will be his Real estate portfolio worth
Assuming 4% rental yield then it should be around 12CR
At 6%, it should be 8CR
That is heavy investment.Is he in hist forties/fifties ? Not easy to earn that much money before 40
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On a side note, would like to know what roles Zomato is hiring currently for ?
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