Passive income ideas in India
Investing in dividend-paying stocks or mutual funds: Dividend-paying stocks or mutual funds pay a regular income to shareholders. Investing in these stocks or funds can provide a steady stream of passive income.
Renting out a property: Renting out a property, such as a house or apartment, can provide a regular rental income. This can be a great way to earn passive income, especially if you have a property that is not being used.
Investing in a peer-to-peer lending platform: Peer-to-peer lending platforms connect borrowers and lenders. By investing in these platforms, you can earn interest on your loans, providing a regular passive income.
Creating and selling an online course or ebook: Creating and selling an online course or ebook can provide a passive income stream. Once the course or ebook is created, it can continue to be sold, providing a recurring income.
Setting up and managing a e-commerce store with dropshipping: Setting up an e-commerce store and using a dropshipping model can provide a passive income stream. Dropshipping allows you to sell products without having to hold inventory, and can be managed remotely.
Investing in a high-yield savings account or fixed deposit: Investing in a high-yield savings account or fixed deposit can provide a regular passive income through interest.
Creating and monetizing a YouTube channel or blog: Creating and monetizing a YouTube channel or blog can provide a passive income stream through advertising revenue, sponsored content, and affiliate marketing.
Starting a consulting or coaching business: Starting a consulting or coaching business can provide a passive income stream through the creation and sale of online courses and products.
Investing in a managed portfolio service: Investing in a managed portfolio service can provide a passive income stream through the management of investments and the earning of returns.
Creating and selling a mobile app or software: Creating and selling a mobile app or software can provide a passive income stream through recurring revenue from in-app purchases or subscription services.
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