Passive Income Investment

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           If you are following me on the personal finance tip about budgeting. Only 10 % that I suggest my community to invest in. Investing is a risk. Please do some more of your own research ! I have been searching and trying. Also take time to interview the entrepreneur, mom and other successful investors, so you can study for what they do and take an action step. If you feel overwhelmed and need me to hold your hand. Please connect with me! 

Blogging

Blogging – I have known about blogging for a long long time like almost 19 years ago, but I never stick to it because I don’t know enough how. Now as I learn and grow.  I know that consistent is the key. For instant; you should have your schedule in 1 week. What your day will be like and get the content out. 

I am thankful to God that I came across a Whitney Bond ‘s YouTube video. She has a very good recommendation. I really agreed with her. I don’t think there is anything wrong with working 9 to 5 jobs. If you are a big fan of rich dad poor dad books you will understand exactly what I am talking about. That book also changed my perspective so much. After I finished that book. I just want to become a real estate investor right away. 

Case study : 

“Whitney Bond: She is a mom and working from home. She makes $ 400,000 a year from blogging.”

How to start your blog step by step?

You will need web hosting. I recommend bluehost. Good thing about it is the cost of starting up is pretty low. If you click here will bring you to set up your hosting and thank you for supporting me because this is my affiliate link. I will get a commission after you sign up hosting with them.

  • Get WordPress account 

If you do not have one yet. You can sign up here for free. ( WordPress.org)  Please make sure to write it down or save them because you will need this information when you are working on your blog..

  1. Domain name 

If you use bluehost, they usually offer you a free domain for a year. I personally like GoDaddy or you can get free domain name with Bluehost.

  • Content

The question I will ask myself, “What are you passionate about ? “What do you want to write about?”  Things that you can write about for example ;

Personal finance blog

Travel blog

Working from home blog

ETC

  • Get your blog up and running.
  • Get the traffic to your site
  • Maintain your blog

By scheduling your work and posting content regularly for example; You will post your content every week or every 2 weeks. Etc

You can check out many videos on YouTube that have video tutorials to help you to get your first blog going. My favorites help me from Whitney Youtube or Freewebsiteguys– they help you set up your website.

Real estate investor

     You can start investing by buying investment or turnkey properties and earn cash flow every month. There are many benefits to being a real estate investor. One of another way that I learn to become real estate investor from my mentor Pace Morby in Gator program. Pace teach us how to do it the right way. We have a community that are ” go giver ” and support each other, If you would like to learn more and learn about Gator method from Pace. You can learn in this free webinar here,  

Case study   March 28,2024

      ” My friend, Alexis ;She has managed over $ 10M in loans per month with her partner Abraham Gray. They pay out investors tens of thousands of dollars every month.”

         My suggestion to this journey; Join my mentor Pace Morby. He is my mentor and expert on this. 

He also has Subto that you can join or Gator. I am a part of the Gator community. My life is changing with this program and I have learned so much. The cost that I have invested on this course and to be with this community is priceless. Pace such a giver. He is a go-giver and created this community for all of us to win. Update; Recently Pace just added a course in the vault for us called Gator 0.0. It is good stuff. 

     Learn more about Gator and join Pace’s Webinars here.

Becoming a real estate investor can offer several benefits:

  1. Passive Income: Real estate can provide a steady source of passive income through rental payments, which can be particularly beneficial for achieving financial independence.
  2. Appreciation: Over time, real estate properties tend to increase in value, allowing investors to build wealth through property appreciation.
  3. Tax Advantages: Real estate investors can benefit from various tax deductions, including mortgage interest, property taxes, depreciation, and operating expenses.
  4. Portfolio Diversification: Real estate can be a valuable addition to an investment portfolio, offering diversification benefits compared to traditional stocks and bonds.
  5. Control and Leverage: Real estate investors have more control over their investments compared to other assets, allowing for strategic decision-making to increase property value and income.
  6. Hedge Against Inflation: Real estate is often considered a hedge against inflation, as property values and rental income tend to rise with inflation.
  7. Ability to Use Other People’s Money (OPM): Real estate investors can leverage OPM, such as through mortgages, to acquire properties and increase their returns.
  8. Satisfying Returns: Real estate investments can provide attractive returns, especially when compared to other investment options.
  9. Portfolio Growth: Real estate investing can help grow your overall wealth and provide financial stability for the future.
  10. Control Over Assets: Unlike other investment options like stocks, real estate investments give you direct control over your assets and the ability to make decisions that impact their value and performance.

 The book that I recommend to read by Pace Morby “ Wealth without cash”

https://amzn.to/3UzGqNw

Invest with crypto

Do your own research what coin that you want to buy and hold. You can buy them when it low and sell them when is go high.

I am recently invest in a few coin like Bitcoin, Ethereum and XRP. You might have to sign up for wallet to buy and hold your coin.

When you sign up with Coin base wallet you will get $ 10 of Bitcoin.

https://coinbase.com/join/UV38M8J?src=referral-link

Sign up for a free wallet with Gemini or Coinbase. 

               :Gemini or Coinbase.com

            

Print on Demand 

  1. Sign up with Printify.com first here because you have to have at least 1 product so you can list in Etsy online store.
  2. Sign up for Etsy. 

Example: This is my online store with Etsy : 

hummingbirdheaven.Etsy.com

https://www.etsy.com/shop/HummingbirdHeavenCo?ref=dashboard-header

Resource and Tool that I use to create for my online store

  1. Printify.com
  2. Canva – The design tool for my product
  3. KittleAI – The design tool for my product
  4. Etsy- List your product on Etsy store- Etsy has many people come to their website and search for a special gift for their loved one.

Print-on-demand (POD) is a business model where products are only printed once an order is placed, allowing for customization and reducing the need for inventory. Printify is a platform that connects businesses with a network of print providers to fulfill POD orders. Here’s a diagram explaining how it works:

  • Design Creation: The process starts with the creation of a design. This could be a graphic, artwork, or text that will be printed on a product.
  • Upload to Printify: The design is then uploaded to the Printify platform, where the user selects the product they want to customize, such as t-shirts, mugs, or phone cases.
  • Product Selection: Printify offers a range of products from different suppliers. The user selects the product type, color, size, and other customization options.
  • Mockup Generation: Printify generates a mockup of the product with the uploaded design, showing how it will look once printed. This helps the user visualize the final product.
  • Publish to Store: Once the user is satisfied with the design and product selection, they can publish the product to their online store. Printify provides integration with popular ecommerce platforms like Shopify, WooCommerce, and Etsy.
  • Customer Order: When a customer places an order for the customized product on the user’s online store, the order details are sent to Printify.
  • Order Fulfillment: Printify automatically forwards the order to the selected print provider who then prints the design on the chosen product.
  • Shipping: The print provider packages the product and ships it directly to the customer. Printify provides tracking information so the user and customer can monitor the shipment.
  • Payment Processing: Printify handles the payment processing, deducting the production and shipping costs, and transferring the remaining balance to the user.
  • Customer Receives Product: The customer receives the customized product, and the transaction is complete.

Overall, Printify simplifies the print-on-demand process by providing a platform for designing, customizing, and fulfilling orders, allowing businesses to focus on creating and selling their products without the need for inventory management or production facilities.

Book with KDP

I started a book with KDP because one of my dreams is that I would like to share my mom’s receipt. I grew up in Thailand and I am falling love with cooking also with her love and compassion from my mom.

This is a step on how to get started;

  1. Pick your niche what you would like to write about 
  2. You need to come up with Title and sub title of your book
  3. Cover of your book
  4. The script – content that people will see in your book
  5. When you have everything that you need. Save in the right format, decide about pricing and upload to your KDP.
  6. Promote and advertising your book

Example : This is my Thai cookbook that I published in 2023.

                

   This is my Prayer journal for women 52 weeks. Publish in year 2023

Start your YouTube Channel

How to Make Passive Income with a YouTube Channel: A Comprehensive Guide

In today’s digital age, creating a successful YouTube channel can be a lucrative venture, offering the opportunity to generate passive income. With the right strategies and dedication, you can build a channel that not only entertains and educates but also serves as a sustainable source of revenue. In this guide, we’ll explore the various ways you can monetize your YouTube channel and maximize your passive income potential.

  • Create High-Quality, Engaging Content
  • Identify Your Niche: Choose a niche that you’re passionate about and that has a sizable audience. This will help you attract and retain viewers.
  • Produce Quality Videos: Invest in a good camera, microphone, and lighting to ensure your videos are of high quality. Engaging content will keep viewers coming back for more.
  • Consistency is Key: Post videos regularly to keep your audience engaged and to improve your channel’s visibility on YouTube.
  • Optimize Your Videos for Search
      • Use Relevant Keywords: Research keywords related to your content and include them in your video titles, descriptions, and tags to improve your visibility in search results.
      • Create Compelling Thumbnails: Thumbnails are often the first thing viewers see, so make them eye-catching and relevant to your content.
      • Engage with Your Audience: Respond to comments and engage with your viewers to build a loyal community around your channel.
  • Monetize Your Channel
      • Join the YouTube Partner Program: Once your channel meets the eligibility requirements, you can apply to join the YouTube Partner Program and start earning money from ads shown on your videos.
      • Utilize Affiliate Marketing: Promote products or services in your videos and include affiliate links in your descriptions. You’ll earn a commission for every sale made through your link.
      • Sell Merchandise: Create and sell merchandise related to your channel, such as t-shirts, mugs, or posters, to your viewers.
      • Offer Channel Memberships: Offer exclusive perks, such as badges or behind-the-scenes content, to viewers who become channel members for a monthly fee.
      • Crowdfunding: Use platforms like Patreon or Ko-fi to allow your viewers to support your channel through donations.
  • Diversify Your Income Streams
      • Create and Sell Digital Products: Create digital products, such as e-books or online courses, that complement your channel’s content and sell them to your audience.
      • Sponsorships and Brand Deals: Partner with brands that align with your channel’s values and audience to create sponsored content.
      • License Your Content: License your videos to media outlets, websites, or other content creators to earn additional income.
  • Track Your Performance and Optimize
      • Use Analytics: Monitor your channel’s performance using YouTube Analytics to identify trends and opportunities for improvement.
      • Experiment with Different Monetization Strategies: Test different monetization strategies to see what works best for your channel and audience.
      • Stay Informed: Stay up-to-date with the latest trends and changes in YouTube’s policies and algorithms to ensure your channel remains successful. Building a successful YouTube channel that generates passive income requires time, effort, and dedication. By creating high-quality content, optimizing your videos for search, and diversifying your income streams, you can maximize your channel’s earning potential. Stay engaged with your audience, track your performance, and continually look for ways to improve and grow your channel. With perseverance and the right strategies, you can turn your YouTube channel into a sustainable source of passive income.

         In conclusion, creating a successful YouTube channel that generates passive income requires dedication, effort, and a strategic approach. By following the tips and strategies outlined in this guide, you can maximize your channel’s earning potential and build a sustainable source of income.

The BEST YouTube Course and Community

Read more ===>

 The Ultimate Guide to Building Profitable YouTube Niche Channels: A Review of Matt Par’s Tube Mastery Course