10 SECRETS TO MAKING $100,000 A YEAR WITH YOUR MUSIC


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The easiest way to invest in farmland is via AcreTrader. Check out our AcreTrader review here and see how to get started.

One of my favorite ways to get started with rental properties is through EquityMultiple. This platform has a nice mix of smaller residential to mixed use residential and commercial properties. If you don't want to think much about your money, but want it to work for you, a basic place to put it is in a high yield savings account or money market fund.

The difference is in the account type and where it's located. Typically, high yield savings accounts are located at banks, and are FDIC insured. Money market funds can be located at both banks and investment companies, and are only sometimes FDIC insured. Interest rates have been rising, so putting more money into a savings account can generate a safe passive income stream. CIT Savings Builder consistently has one of the highest rates available. Right now they have a savings account that earns 2. That's one of the best out there.

If you want the most up to date rates on savings accounts and money markets, check out these lists that we update the rates daily on:. CDs are offered by banks and since they are a low risk investment they also yield a low return. This is a good option for the risk averse. For example, what you do if you want a five-year CD ladder is you do the following.

Look how the rates rise over different time periods these are estimated :. If building a CD Ladder sounds complicated, you can also stick to a traditional high yield savings account or money market fund. While the returns aren't as amazing as other things on this list, it's better than nothing, and it's truly passive income! High rates and even a penalty-free CD option. Check out CIT Bank here. Check out these great deals on the best high yield CDs on our full list of the best CD rates that get updated daily.

These investments aren't for everyone - they can come with high fees, and not be worth it. But if you have zero risk tolerance for loss, and are looking for a passive income stream , this could be a good potential idea for you your portfolio. If you're not interested in picking dividend paying stocks and I can understand that , there are still ways to invest passively in the stock market. You can automatically invest in various ways through what's called a robo-advisor. A robo-advisor is just like what it sounds like - a robotic financial advisor. You spend about 10 minutes answering a few questions and setting up your account, and the system will take it from there.

The most popular robo-advisor is Betterment - which you can setup to automatically invest in and they will handle the rest for you. What's great about Betterment is that they charge one of the lowest fees in the robo-advisor industry, and they make it really easy to invest automatically. Sign up for Betterment here and get started investing for a passive income! If you're concerned about investing directly in real estate, or maybe you're not yet an accredited investor, that's okay.

These are investment vehicles that hold property within them - and you as the owner get to benefit from the gains, refinances, sale, income or loss on the property. FundRise has really been a great performing passive income investment over the last year! Check out our full FundRise review here. That's a pretty good gain in my book. Right now, interest rates are still near historic lows, and if you haven't checked out your mortgage lately, now's a great time to shop around and compare rates. If you can save 0.

Not many investments can beat that. We like using services like LendingTree to compare the best rates. You can also check out these online mortgage lenders. Along the same lines as refinancing your mortgage, if you can pay off or reduce your debt, you're making huge progress in building income.

But just like other things in this topic - it takes a monetary investment to make that happen. The great thing about paying off debt is that it's a straight return. That's huge. There's two approaches you can take with debt: refinance or consolidate, or balance transfer and pay down. If you have student loan debt, it could make a lot of sense to refinance the debt. You can see if it makes sense in 2 minutes at Credible without a hard credit check.

If you have credit cards or other debt, it can make sense to consolidate with a personal loan. This is typically the best option when you can't see yourself paying off the debt in a year, but want to lower your interest.

Credible also allows you to compare personal loan options, so check it out here and see if it makes sense. Learn more about these cards here. Another way to generate passive income is to invest and be a silent partner in a business.

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This is very risky, but with risk comes the potential for high returns. For example, several years ago both Lyft and Uber were looking for private investors to invest in their companies. Today, they are worth billions - but you as an investor would only reap that benefit if they go public via an IPO, or get acquired. So, it's risky. But there are ways to reduce your risk.

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For example, you can invest small amounts in many companies through lending them money in small bonds. There are now tools available where you can loan money to a business and get paid a solid return for doing it! They take your funds and lend it to small businesses. Read our full Worthy review here. This company takes your funds and invests specifically in veteran backed businesses. The next section of passive income ideas require a time investment. Instead of using money, you need to put in sweat equity to make these happen.

2. Brand Sponsorships

Almost all of these ideas require starting a personal blog or website. But the great thing about that is that it's incredibly cheap to do. We recommend using Bluehost to get started. You can afford that to start building a passive income stream.

30 Passive Income Ideas You Can Use to Build Real Wealth

Self-publishing is also ridiculously easy. There will need to be a lot of upfront marketing before you can turn this into a passive income stream. Instead of being a consumer on Udemy you can instead be a producer, create your own video course, and allow users to purchase it.


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This is a fantastic option if you are highly knowledgeable in a specific subject matter. This can also be a great way to turn traditional tutoring into a passive income stream!

This course is not open for enrollment.

These are normally bought from stock photo websites. If you enjoy photography you can submit your photos to stock photo sites and receive a commission every time someone purchases one of them. One of the biggest marketplaces to sell stock photos is DepositPhotos.

MAKING $200,000 A YEAR AND STILL FEELING AVERAGE

You can upload your photos are earn money whenever someone uses them. Music is often licensed for YouTube Videos, commercials, and more. But have you ever had an amazing idea for an app? If so, you could consider hiring a programmer to create your app for you. You could then sell it on the App store for residual income.

10 SECRETS TO MAKING $100,000 A YEAR WITH YOUR MUSIC 10 SECRETS TO MAKING $100,000 A YEAR WITH YOUR MUSIC
10 SECRETS TO MAKING $100,000 A YEAR WITH YOUR MUSIC 10 SECRETS TO MAKING $100,000 A YEAR WITH YOUR MUSIC
10 SECRETS TO MAKING $100,000 A YEAR WITH YOUR MUSIC 10 SECRETS TO MAKING $100,000 A YEAR WITH YOUR MUSIC
10 SECRETS TO MAKING $100,000 A YEAR WITH YOUR MUSIC 10 SECRETS TO MAKING $100,000 A YEAR WITH YOUR MUSIC
10 SECRETS TO MAKING $100,000 A YEAR WITH YOUR MUSIC 10 SECRETS TO MAKING $100,000 A YEAR WITH YOUR MUSIC
10 SECRETS TO MAKING $100,000 A YEAR WITH YOUR MUSIC 10 SECRETS TO MAKING $100,000 A YEAR WITH YOUR MUSIC
10 SECRETS TO MAKING $100,000 A YEAR WITH YOUR MUSIC 10 SECRETS TO MAKING $100,000 A YEAR WITH YOUR MUSIC
10 SECRETS TO MAKING $100,000 A YEAR WITH YOUR MUSIC 10 SECRETS TO MAKING $100,000 A YEAR WITH YOUR MUSIC

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