Do you have any passive income sources?

By Raj
India
July 7, 2023 9:15am CST
Who does not like to make money but we all have 24 hours in a day and can work maximum for 20 hours although I don't know anyone that works for this long in a day and that's why need to have passive income sources to earn more with stability. Do you have any passive income sources?
10 people like this
9 responses
@aninditasen (16503)
• Raurkela, India
8 Jul 23
Passive income can only be investing in shares or mutual funds but there too we have to monitor.
2 people like this
@vandana7 (100617)
• India
8 Jul 23
Not all shares are risky.
1 person likes this
@aninditasen (16503)
• Raurkela, India
8 Jul 23
@Butterfingers That's why to be on the safer side invest through a nationalized bank and first with small returns.
2 people like this
• India
8 Jul 23
Yes these can be risky too
2 people like this
@JudyEv (342112)
• Rockingham, Australia
8 Jul 23
Not really. We have a superannuation fund which earns money for us without us doing anything so I guess that's passive income.
2 people like this
@vandana7 (100617)
• India
10 Jul 23
My father had a fantastic opportunity to invest in superannuation fund in his era. He decided against it. Spent away all his money. Live for the moment man. Spent a lot on families of his sister and brother. But when he retired he didn't get any help from them. I shouldered his responsibility. I still am. It was a journey from scratch. Some friends helped. I have to repay those obligations.
1 person likes this
• India
8 Jul 23
Of course yes, its passive income
2 people like this
@JudyEv (342112)
• Rockingham, Australia
10 Jul 23
@vandana7 That was a costly mistake - and it's all come back to you. I'm sorry this has happened.
1 person likes this
@AmbiePam (93887)
• United States
7 Jul 23
I do not, but I have heard a few other Mylotters talk about having some themselves; most with rental houses.
2 people like this
@vandana7 (100617)
• India
8 Jul 23
I have rental income.
1 person likes this
• India
8 Jul 23
Yes it's one of the best ways to earn passive income
2 people like this
@snowy22315 (182199)
• United States
29 Jul 23
I do, apps or sites where I am essentially paid for having it installed.
1 person likes this
@snowy22315 (182199)
• United States
29 Jul 23
@Butterfingers It's my favorite nothing much to worry about.
1 person likes this
• India
29 Jul 23
That's good. It feels great to earn income passively
1 person likes this
@May2k8 (18391)
• Indonesia
29 Jul 23
I have passive income which is still small, the money continues to rotate and its value will continue to increase every day.
1 person likes this
@May2k8 (18391)
• Indonesia
29 Jul 23
@Butterfingers I invest some my money in the government, the higher the interest, the greater the risk.
1 person likes this
• India
29 Jul 23
Can I ask the source?
1 person likes this
• India
29 Jul 23
@May2k8 that's good
1 person likes this
@RebeccasFarm (90474)
• Arvada, Colorado
7 Jul 23
I do not and I do not even think there is such a thing.
2 people like this
• India
8 Jul 23
There are many ways to start earning it
2 people like this
@cherigucchi (14876)
• Philippines
7 Jul 23
I put my old house for rent and I earn monthly for that
1 person likes this
• India
7 Jul 23
That's a good way to earn passive income
1 person likes this
@sallypup (61627)
• Centralia, Washington
10 Jul 23
Do you mean like an annuity?
1 person likes this
• India
10 Jul 23
You can say that but not exactly, it's more like renting income or from shares
1 person likes this
29 Jul 23
Nope I do not but it would be nice since it's so good ??
1 person likes this
• India
29 Jul 23
I also hope to have such sources