My Top 3 Passive Income Ideas For 2023 + Regular Quarterly Updates |
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- čas přidán 2. 08. 2024
- After losing thousands of dollars in the forex or crypto market looking for the best passive income ideas or opportunities I finally came to my senses and picked 3 that are REAL and are probably the closest thing to passive income you can do right now.
Follow the entire Passive Income Experiment Playlist here: • Passive Income Experim...
I also plan on doing a quarterly update on how these 3 do over time and I'm curious to see which one wins!
My strategy for each passive income project is to start with $2600 in each, and do a recurring deposit of $56/week in all 3 FOREVER to capitalize on the concept of cost averaging and see how it turns out!
Here are the direct links to the passive income funds:
Capital One - High Yield Savings Account (UPDATE - I'm now using Sofi for my High Yield Savings Account) seekprosperity.com/sofi
M1 Finance - Dividend ETF Income Pie
seekprosperity.com/pie
Fundrise - Real Estate eREIT
seekprosperity.com/fundrise
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⌚ Timestamps:
0:00 - Intro to these passive income ideas
0:55 - Residual income vs Passive income
1:50 - Passive income idea 1
2:25 - Overall Strategy I'm Using
2:49 - Passive income idea 2
3:43 - Passive income idea 3
4:54 - High-risk warning
5:50 - Which passive income Idea will do better?
6:35 - Automating your investment in each
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🏆 My Goal 🏆
My goal is to share valuable video marketing tips & tools around email marketing, social media strategy & other digital marketing or content marketing strategies so you can learn how to make money online with the best affiliate programs you choose to promote.
Other topics covered on this channel like scaling with systems, email list building, autoresponders and marketing automation typically aren't for beginners but I focus on keeping my tips simple and to the point so that you can learn lead generation & website traffic without needing a Ph.D. to understand it all.
Because I shoot a lot of videos I will occasionally share some video editing tips, tools and equipment I use to shoot my videos to help you on your affiliate marketing journey...
I remember not knowing where to start and wishing that there was someone to help me. Now I want to help YOU, whoever you are out there reading this, earn money online month after month and hopefully change your life for the better. 🚀
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📱 CONNECT WITH MIKE HOBBS 📱
Facebook ➡️ / mikehobbsofficial
Twitter ➡️ / mikehobbs
Instagram ➡️ / mikehobbsofficial
TikTok ➡️ / mikehobbsofficial
Website ➡️ seekprosperity.com/resources
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👨 About Me 👨
My name's Mike Hobbs and I retired early from the Military after 12 years to pursue this wonderful world of Affiliate Marketing from home online. Since winning my own freedom in 2013, I now love helping others win their FREEDOM in a principle-centered way!
I'm a co-founder of a company called The Home Business Academy where we have amazing products like The HBA Funnel Builder (builds amazing sales funnels & websites) & HBA Premium Traffic & Conversions Academy (daily marketing & sales live coaching)...
So far with our growth and marketing, we have paid out over 4.1 million in commissions to our affiliates around the world & have provided 249,295 days worth of meals to the "Feed My Starving Children" organization.
See our FAQ page for ALL the info about HBA: ➡️ seekprosperity.com/faq
If you're looking to generate more leads, make more sales & earn more money online, make sure to hit that subscribe button.
🔔Subscribe ➡️ mikehobbs.tv 🔔
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*FTC LEGAL DISCLAIMER: This video and description may contains affiliate links, which means that if you click on one of the product links, we may or may not receive a small commission to support the channel and creation of future videos. Also the information on this CZcams Channel and the resources available are for educational and informational purposes only.
*Since I'm talking about the investments I'm in I just want to remind you I'm not a Financial Adviser, so this is not financial advice. This is for information or entertainment purposes only! - Jak na to + styl
💰 FREE Digital Marketing & Money-Making Resources 👉 seekprosperity.com/resources
Great tips, Mike. Thanks for sharing.
Any time!
Great video Mike, I believe Fundrise will win.
Awesome. We will see.
Good video:)👍
Thank you!
welcome🙂💜
Which video software did you use to blur out the personal information? Camtasia? :)
@@Cutie4Coins screenflow, but most editors can do it.
Ok cool thanks. Just wondering :)🙂
Great information Mike! I was curious why $56/week investment and not another amount? Or it's just your preference.
Well I'm doubling down on paying off my debts like my Mortgage first. Once I'm completely debt free, then I'll increase this number. But $56 per week in 3 different things comes out to $672 per month into this experiment. I'll probably change it to $111 or more each week on all 3 once done with the debt.
But what ever I do, I want to make it the same contribution each week for all 3 to see which one comes out ahead long term and showcase that.
Hi sir
Do you need a CZcams thumbnail designer??
Probably. Haha
Please check your ingm