7.5 Passive Income Ideas To Easily Make $500/Day

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0:00 Introduction
0:30 Passive income isn't about THIS...
1:23 Passive income 1 - Internet Money
3:43 Passive income 2 - My Personal Escape
7:24 Passive income 3 - Kicking Back
8:47 Passive income 4 - One Click Passiveness
12:18 - Passive income 5 - Your Majesty
14:34 - Passive income 6 - The Collector
16:16 - Passive income 7 - The Giver
18:20 - Passive income 7.5 - The Helper
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All opinions expressed by Vincent Chan are solely Vincent Chan’s opinions. You should not treat any opinion expressed by Vincent Chan as a specific inducement to make a particular investment or follow a particular strategy, but only as an expression of his opinion. Vincent Chan’s opinions are based upon information he considers reliable, but does not warrant its completeness or accuracy, and it should not be relied upon as such. Vincent Chan is not under any obligation to update or correct any information provided. Vincent Chan’s statements and opinions are subject to change without notice.

Past performance is not indicative of future results. Vincent Chan does not guarantee any specific outcome or profit. You should be aware of the real risk of loss in following any strategy or investment discussed. Strategies or investments discussed may fluctuate in price or value. Investors may get back less than invested. Investments or strategies mentioned may not be suitable for you. This material does not take into account your particular investment objectives, financial situation or needs and is not intended as recommendations appropriate for you. You must make an independent decision regarding investments or strategies mentioned. Before acting on information, you should consider whether it is suitable for your particular circumstances and strongly consider seeking advice from your own financial or investment adviser.

[EpticityOG]

My dream isn’t even to become a millionaire, it’s just to make enough money where I feel comfortable to not only meet my financial needs but also support my family stress free

[albacusBC]

The thing to me is, if you invest and have other income outside of dividends then you will be able to live off dividends without selling. Which means you can pass that on to your kids which will give them a leg up in life. $52k dividends received in 2022.

[laiarturs]

Ideas mentioned in video:
1. Sell something online
2. YouTube account
3. Affiliate marketing / influencing
4. Index funds / dividend stocks
5. Royalties (e-books, photos, music)
6. Real-estate crowd funding
7. Crypto coin staking
7.5. Crypto coin lending

[MIchaelGuzman]

If you're looking to get rich quick then the stock market isn't for you. You've got to overcome your nerves and look at the bigger picture long term.

[laportafrank]

Munger and Buffett have both achieved an incredible feat with Berkshire. They've turned thousands to billions, and have made a lot of people wealthy in the process. I really saw the potential of the stock market by reading Berkshire's annual letters. I recently sold my $674k apartment in the Bel Air area and I'm hoping to throw it into the stock market. I just don't want to lose everything.

[Erinmills]

It is not always fear. Sometimes realistic factors discourage people from reaching their goals in life. For instance, I've tried investing in the stock market several times but always got discouraged by fluctuations of stock value.

[Adukwulukman]

I'd be retiring or working less in 5 years, and I'm curious how others split their pay, how much goes into savings, shopping, or investing; I earn roughly $250K per year but have nothing to show for it.

[instinctively_awesome]

Nobody can become financially successful overnight. They put in background work but we tend to see the finished part. Fear is a dangerous component, hindering us from taking bold steps we need in other to reach our goals. you have to contend with inflation, recession, decisions from the Feds and all. I was able to increase my portfolio by $289k in months. You have to seek for help in the right places.

[charlottehoward]

Most times it amazes me greatly the way I move from an average lifestyle to earning over $50, 000 per month .. Owning a passive income has turned from a being a luxury to a necessity 😊

[jennyr.cordero]

I'm so happy i made productive decisions about my finances. I'm a single mother, Bought my second house last month and looking forward to my retirement next year if things keep going smoothly for me.

[juanduque]

yeh, its those who say "its so easy, everyone can do it!" ...then why isn't everyone doing it? it sounds scammy especially when there is an overlly expensive item (lambo, tesla, multimillion $ mansion, etc) in the background like that says that everyone should have one of but Vincent does point us to the right path, good job man

[Tomtownsend]

Roughly $120K in my portfolio are in tech/TSLA stocks, can I get an advice on any other stocks that I can acquire to diversify my reserve across multiple markets while creating a comprehensive portfolio allocation that balances my concerns of risk aversion and returns that meet yearly inflation.

[faufaufau]

More reasonable timestamps:
1:23 1. Digital assets. Things like Excel templates or anything that can be sold infinitely. Expand from there
3:43 2. YouTube
7:24 3. Affiliate marketing
8:47 4. Buy stocks, particularly index funds
12:18 5. Royalties, such as from ebooks
14:34 6. Real-estate. If too expensive, check out real-estate crowdfunding
16:16 7. Crypto staking
18:20 7.5 Crypto lending

You're welcome

[Sammy-vcnu]

I’ll save you some time. There’s no easy way to make 500 a day.

[WalkinChristum]

Great video my man, affiliate marketing though IMO it's legit one of the hardest things to start with even if you have the $ for that

[brianrosetti]

There is more to life than just paying bills and working 9 to 5, if we have the knowledge of how to create income there would be no need to rely on our monthly checks.

[kathleenstoner.n]

Legends to embrace if you want to get rich investing Vin and Gary Joe Wilde.

[vanhall]

These are fantastic takes, I feel exceptionally lucky I started investing in my early 30s and consistently compounded my income via assets to create more cash flow. I grew to a 7 figure well-diversified portfolio having exposure to different prolific lnvestments mainly savings account, stocks, ibonds and high yield dividend funds. Forever grateful to my adviser James Fletcher Brennan. Passive income is mandatory for building long term wealth.

[JamieMathison]

I love your tutorials and money making methods, I am still learning a lot but I feel and believe your are the right people to help me make money...Keep up the good work & God Bless You..

[PierceJordan]

“If you don’t find a way to make money while you sleep, you will work until you die.” -Warren Buffett