- Investing in dividend-paying stocks or mutual funds
- Renting out a property, such as a spare room or vacation home
- Investing in a peer-to-peer lending platform
- Starting an affiliate marketing business
- Creating and selling an online course or ebook
- Investing in a high-yield savings account or CD
- Investing in a real estate investment trust (REIT)
- Purchasing and holding onto rental properties
- Starting a dropshipping business
- Investing in a business or franchise opportunity.
It’s worth noting that while some of the above methods may require minimal ongoing effort, some may require more active management and research. Additionally, it’s important to do your own research and due diligence before investing in any of these methods, as all investments carry risk.
