5 Passive Income Ideas - How I Make $57k Per Week
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- เผยแพร่เมื่อ 27 พ.ค. 2024
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In this video, I'll be going over 5 passive income ideas with examples, all of which I use to build up my income to over $57,000 per week consistently.
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► CHAPTERS
00:00 - Escaping the rat race
01:19 - Passive Income Idea #1
05:46 - Passive Income Idea #2
08:28 - Passive Income Idea #3
12:16 - Passive Income Idea #4
14:35 - Passive Income Idea #5
*None of this is meant to be construed as investment advice, it's for entertainment purposes only. The links above include affiliate commission or referrals. I'm part of an affiliate network and I receive compensation from partner websites. The video is accurate as of the posting date but may not be accurate in the future.
To enhance our long-term investment mix, my partner and I are introducing a range of stocks and ETFs. We've committed $220k initially, with a particular emphasis on inflation-protected bonds and businesses demonstrating robust cash flows. I see potential for enduring growth in the current market, yet I'm also keen to explore strategies for generating short-term gains.
While the current market offers short-term profit potential, it's crucial to note that executing such a strategy requires expertise and skill.
Having an advisor is the smartest approach in today's market, especially for those nearing retirement. I personally gained over $270K during this market downturn, which highlighted that there's valuable insight the average individual may not be aware of.
My advisor is Stacey Lee Decker .With the help of google you can book an appointment. She has a wealth of experience in the financial market gained over several years.
Stacey really seem to know her stuff. I found her online-page, read through her resume, educational background, qualifications and it was really impressive. She is a fiduciary who will act in my best interest. So, I booked a session with her.
The Market have been suffering over the past month, with all the three indexes recording losses in recent weeks. My $400,000 portfolio is down by approximately 20%, any recommendations to scale up my returns before retirement will be highly appreciated.
Find stocks with market-beating yields and shares that at least keep pace with the market for a long term. For a successful long-term strategy I recommend you seek the guidance a broker or financial advisor.
Your teaching skills are top notch. Was already on the verge of quitting trading because I once saw it as a luck game. I'm glad to be very profitable now and I bought my first house through trade and not salary. Trading requires consistency and perseverance there's always win at the end of the tunnel if you focus.
Great congratulation 🎊
Congratulations dear honestly you really got me the moment you said you once saw it as a luck game, Truth be told i still see it that way till date and hopefully someday i will be very profitable i'm encouraged
Big win!! Keep it up, Perseverance and consistency remains one of the key factors to profitable trade.
Got it!! I so much saw it as a luck game in the past especially using demo or paper account you keep winning soon as you put in real money loses begins. I understand that feelings I'm glad I overcame all that and now I'm profitable.
Awesome!!
These are wonderful perspectives; I was so optimistic about my investments this year, but everything has gone wrong. I've been researching market crashes and noticed that several investors made millions during the prior recession, and I was wondering if such success could be replicated in the current market. I'm open to suggestions for retirement investments.
Yes, if you go long against the market, you will be quite successful.
I consider myself quite fortunate. In my early 30s, I began investing and compounding my income to generate greater cash flow. I chose a more aggressive approach, and I've already generated over $250k in raw profits from only the first quarter of 2023, primarily from blue chip stocks, precious metals, real estate, and high yield dividend funds. I'll be eternally grateful to Andrew Glenn Adam, my F.A...Now that the house and cars are paid off, there is no more debt.
@@David_Carterr I did a brief web search, and he has a very good bio, which I would love to work with for a long.
I'M so happy I made productive decisions about my finances that changed my life forever, hoping to retire next year... Investment should always be on any creative man's heart for success in life.
I agree with you and believe that the secret to financial stability is having the right investment ideas to enable you earn more money, I don't know who agrees with me but either way I recommend real estate or crypto and stocks.
@@RiosCosmaYeah!! It would be more beneficial and yield more profit if you actually trade on cryptocurrency, I've been trading since the dip, I've made so much profit trading.
How does this trading stuff work? am really interested but just don't know how to go about it heard people really make it huge trading
@@Martina73823trading is easier with proper guidance, especially from a professional, Newbies who are not aware of how crypto truly works and wish to make profits from it, I would advise to invest with a professional like Jeffrey kathryn, It helps secure and minimize the possibilities of losses.
Sounds interesting. Been looking for an expert to put me in line with this trading game, thank God I viewed this comment
The market trend can turn around very quickly. In fact, the indexes often switch from a bear market to a bull market when the news is at its worst and the mood of investors is at its lowest point. I read an article of people that grossed profits up to $150k during this crash, for stock holders what are the best stocks to buy now or put on a watchlist?
With everything happening currently, this is some sort of good advice but then it can take a left turn when you go into something blindly, anything worth doing is worth doing diligently. Be sure to go in with the guidance of a qualified FA.
undoubtedly and right now the markts are going berserk right now. this is the best time to watch them, get to know them better, and strike when the opportunity presents itself. i learned that from my mentor, “Colleen Janie Towe ” she's seen dozens of markt cycles over the past few decades, and she has a feel for how they move, why they move, and what comes next.
@@KelvinWallace How can I touch base with Colleen Janie? what are her services like? is she verifiable? do you think she can help me?
@@UshnicYuvnikof primarily you can find her basic information online, you are welcome to do further study.
Admittedly, I am new to tradlng, but the S&P is in a bull, inflation is going down steadily, interest rates aren't being raised at the moment., i heard about people earning and making more profits this period, I have approximately $250k stagnant in my port_folio that needs growth. What is the best way to take advantage?
That’s right! But trust me, Downturns provide plenty of opportunities for regular people to build wealth from the scratch. However, you may need to get some professional advice from an Invest-ment planner if you need an aggressive return.
@@jonathanburtnick Youre spot on. Recessions are where millionaires are created. After my port_folio took a big hit in April, I was forced to employ the services of an Investment-analyst who has not only accrued a profit of $370k for me since then but has also taught me how.
@@EmiliaAbelard That’s impressive! I need guidance so i can salvage my port_folio due to the massive dips and come up with better strategies. How can i reach this advsor?
@@dianarabbanii2 Credits to 'Viviana Marisa Coelho' she has a web presence, so you can simply just search for her.
@@EmiliaAbelard I looked up Viviana Marisa Coelho online and researched her accreditation. She seems very proficient, I wrote her detailing my Fin-markt
I entered the stock market with the goal of making more money to cover my daily expenses, but my lack of understanding of the stock market has led to increasing losses. I would like to know how to stop this downward trend.
LOL, we have the same encounter, I want to change my life and first of all, I want to make the money I lost and profit back in the stock trading market
This is a long story, the average person can't fight the stock market on their own, they have to go with the flow or find a reliable team to lay it out for you.
I understand your dilemma, I have encountered the same problem before. At that time I sought help and found an investment expert named Dan Price on the web. He allowed me to recover my previous losses and start making profits within a year.
@@Robert_Wilson584 How do I find this guy? I'm really lost right now, can you tell me how to find him?
@@pakistanihackers9140 Yes of course, you can just go online and search for 'Dan price CFA' to find it and book a session with him.
So basically bearish on everything except amazon's VRI token
So much happiness and joy ❤️, $230k every 4weeks! I now have a house and can now afford anything for my family.
how do you make that much monthly?
I'm 37 and have been looking for ways to be successful, please how??
That's great!! .I don't know anything about investing and I intend to start. What are your strategies?
@@lijunzhang1590I earn from investing in the digital market with the guidance of Mrs Mary Margaret Schimweg
Brokerage services.
My first investment with Mrs.Mary Margaret Schimweg gave $50k and she made me invest without fear of losing, I have four of my friends that I refer to her and they are making profits just like me. God bless Mrs Mary Margaret Schimweg.
I would have considered all this complete rubbish if I didn't witness myself, Mrs.Mary Margaret Schimweg saved me from debt and I will always be grateful to her.
Without watching the video, I know everything is good with
Imagine missing the Amazon VRI token on-going presale, HODL STRONG the public sale about to explode
My three favorite channels: Joshua Mayo, Stock Brotha, & GloJays. Make my week complete! 🔥 🔥 🔥
Thought your other fav was minority mindset😊
Bots
YOU are amazing! Thanx bro! 💪💙
I've been watching your videos for the past few months and I've finally decided its time to make some risks. I forgot to at the video to my watch later playlist or favorites, but which video is it where you talk about proofreading and is there a video where you go into more depth of proofreading, using Fiverr or Upwork, etc. I would like to start proofreading while starting an Etsy store. Thank you!
Could you please talk about VRI token it’s very strong and took off in short time thanks.
I want to see u do a video on how u started creating videos and how u decide on your topics
This person is such a good TH-cam personality you almost want to believe he's not lying to you.
All you have to do is look at all the bots in his comments😂
@@Pickle_Riiiick Bots are everywhere under every video
He is a liar
@@xiaomin3509 not like his or any other investment video. They are all literally bots trying to get you to give them money to “invest” with promises of making you 100x what you give them🤦🏻♂️
@@lordzo7758 Listen, Im pretty sure that he's exaggerating, yes but everyone does who is talking about earning money. This is how they get their actual income.
But he is not lying about the methods of building wealth. You just need to be extremely lucky and skilled to earn money from those methods, let's take for example CPA marketing. It is easy and takes no money to start but it is hard to make it working, you need to build your own image so people will trust you and keep using your links. I have seen people making up to 90K montly from CPA marketing, but you need time and skills for everything.
So yeah, he is not lying. If he would be lying he could have easily just tell some methods without explanation and make you completely broke.
Thank you very much for the valuable information you provide in your videos. I subscribed from Canada.
Hi, are they any news about the Print On Demand series?
You said it's going to include 6 videos but as now, there are only 3
Thanks man - great content!
Joshua how to know if your brokerage accounts that support your country? we cant use webull here in the Ph.
Heya, love your videos. They are a godsend for me and I’m learning an about money and creating wealth. This video and I think some of your others are suffering from an unclear rating system. I’m sure from your graphic design past that you will understand. Usually, 5 out of 5 stars means something is great. But here a stars value changes depending on which metric you are talking about. Which is counterintuitive. I found myself pausing 5he video right before your rating, after watching your commentary and knowing how favorable (or unfavorable) each hustle was and I couldn’t accurately predict if stars were going to be good or bad in your scheme. I swear that even a few star values were changed for the same metric across hustles!
Where did you get the progress bar? Or did you make it yourself?
how do I rent out my Concrete equipment, is there a site I can use for that?
I’d be retiring or working less in 5 years, and considering this financial recession, I’m curious to know best how people split their pay, how much of it goes into savings, spendings or invstments, I earn around $250K per year but nothing to show for it yet.
Soon affordable housing will no longer be affordable so anything you want to do i will advise you do it now because the prices today will look like dips tomorrow . Until the Fed clamps down even further I think we're going to see hysteria due to rampant inflation.
@@keralakoraI think home prices are gonna come dwn with the pause in hikes coupled with the new mrtgage rules.
You can't halfway rip the band-aid off. The Booms and Busts are the ebb and flw and any ass-ets will be affected by it. If you are in cross roads or need sincere advise on the best m0ves to take now it will be best you seek an independent br0ker who knows about the housing/financial mrkts for proper guidaannce.
@@keralakoraLook into more AI st0cks you might find that in 2-3 years you will be glad you got in
I have saved myself from all the hassle that the chaotic mrkt causes. These days the best way to come into the mrkt space is seeking guidannce, due to side hustles i can’t handle my portfolio so i just work with Kayla Tabitha Rodrigues, a FA i came across via a recomendtion from one of these TH-cam retirement coaches.
Joshua mayo is a Legend to TH-cam ❤
The star ratings are a bit confusing cause mostly 5 stars means something is good but you use it to show the difficulty could you do it the other way round instead or make it out of 10
Josh, this is Frank I will be in touch with you soon. I did not forget about you but I finally bought my home in Washington. Love the content and the motivation.
thanks Josh i love your content . i watched and followed your wordpress tutorial down to upwork , i have question pls which of this method you think is the best when it come payment method (how do you want to be paid ) Divide the project into smaller segments, called milestones. You'll be paid for milestones as they are completed and approved.
@CLI_CK__profil please I really need the answer to the question on how to go about it
Why are there so many bots in the comments
Love your videos josh almost at 1 million 🤯 let’s go
Thank you Joshua. I have been starting. I am 28 and I got plenty of knowledge and hobbies. I just got to be consistent and I know I'll get out of the rat race.
Thanks for your effort & the videos! Keep up your good work
Do you do 1 on 1 coaching?
Joshua I literally was so close when it came to starting my Printify and Etsy account. Thanks to a video where you literally explained in detail how to connect the two, I was actually able to do it but then you never actually taught us how to sell each different option that was available and I got stuck again what I mean is I for example wanted to sell the digital stickers I thought it was an awesome idea but you never broke that down or made a specific video on how to actually start that. :(
How?
I’m writing to that email and it says it doesn’t exist and now I’m noticing you’re replying to me from different ones so which one is it? Can you just write down the email you want me to write to you at please?
Joshua is speaking fax bro ur amazing
God Bless you Mayo
Get intouch ❤
Those videos be like
"Hey look , it's extremly easy to make money !
I dude named jeff besos just made a website to sell thing , and today he is very rich ! Or start a youtube/twitch channel , a guy named pewdiepie earn a lot because of them !"
Each time you forget to say that most of theses are bussiness that depends on traffic and on luck
Stop clowns
As always, God’s with you and thank you for the video
Hey joshua hope you are doing good. Its a very selfish request but can you make a series of teaching about investing in stocks or give us some point to start from somewhere?
Take care. This guy is thief' he gonna steal your money. He steal from me 600$ he told me we gonna invest in stocks but it's lies I received nothing until now
What’s the app where we can text?
Thank you Joshua for your videos! Long time listener. Because of you I have making passive income that I use to pay my bills. Keep up the great work! Look forward to your videos!
How have you done it?
Hi Joshua, love your vids. BTW, and think you may have been told this, you very much resemble ( visually) the actor Jean Rege', (in a good way) . Thanks for keeping it real!
GREAT Content !
Why doesn't TH-cam allow us to send people private messages? Anyways... I have some questions about selling on Amazon. Can you help me?
Yo bro..I've seen LOTS of vids on yt suposedly hlpn peepo 2 mak funds..By far u seem the REALEST! SUBD! Ima b studying wat ican learn frm u man cus im sooo tired of the scams smfh🤦 Tnx n mch appreciations yo😎🤙🏽
Im really going a VERY discouraging time right now. its really hard, and I am going to keep trying. What i really need help in is how to. I start following your tutorial an get in to a obstacle n i cant ask what to do... Please help me
But it is so very hard.
How is it possible from Nepal?
You helped me a lot bro
love the video :) no wonder why you are one of the fastest growing channels :) hope to evolve the media passive income as well in the soon future
Buy his course and you can make him more money...pshhhh 😅
Bro has not even mentioned his finance channel TH-cam Adsense 💀
Apple is fine, but there are better paying dividend stocks out there...Pepsi for instance...
I think I’m the poster child for the rat race lol all your videos are so inspiring but I have no talent and very little money. Still, great content man keep it up!
you are so good maybe you give out a book you are the best
So, money grows on trees??
To whoever’s reading this, I hope you are doing well and I wish you success in whatever you do. You got this! ❤️
I still don't understand dividend stocks. How long does it take you to make a profit?! I don't ever hear anyone explaining it very well. All I hear is, you give a company $150,000 UP FRONT, just for them to feed it back to you $100 a month.... ?!!? Like, what? Why would anyone ever want to do that? 😂😅😅 help I don't understand how that is smart.
Something doesn’t add up here. You make $57k a week in passive income, yet you're still peddling sponsors? Also, investing $150k to make $100 week on passive income makes zero sense. Also, half your comments sound like bots. I dont know, man, something just seems off.
How much do you get from cash app?
@@-Joshua__ I'm sorry. What I wrote was very disrespectful. You provide a really good service. And I and many others appreciate it. Ty.
Check his description and the pinned comment. That's how he makes all of his money.
57k a week is more than what I make in a year😮
I feel you, I wish I did make $57K a year.
Newsflash he’s lying
@@9770G he might exaggerate, but he's successful there is no doubt in that
Yes that seems to good to be true
@@9770G he's not lying. TH-cam overpays personal finance channels. paying them higher rates than regular youtube channels.
Joshua thanks so much for this free contents, I'm interested by affiliate marketing but I've tried to join all affiliate program but the program aren't available in my country or pay only using PayPal if you know an affiliate program i can join and get paid without using PayPal please help me, even if you have your own affiliate program
Yeah I'm interested what do you recommend me, by the thanks for taken your precious time to respond me
I don't like real business I wanna make money online
more like escaping the matrix
Why is everyone’s comments three months ago?
What is the exact strategy to do this? Can you make a video on this… break it down
Man for 95% of us who dont wanna be influencers of any kind not 1 thing on this video is helpfull and air bnb and stock tip is obvious, but u need huge money for it or real estate
Why every comment in joshua mayo videos are like almost all bots damn HAHAHAHAHHAHA
Hi Joshua I have been looking for good paying job all I can get is part time $12.00 an hour I want to do my own business but dont have money to invest can you please give good ideas where I can make at least $3,000 a month thank you
Indian companies pay you in peanuts 😅😅😅😅
What legal trouble will you face? So many admired youtubers, are getting locked up.
Stop watching this people. He's wasting your time
if you're watching and wondering when he explains how he amassed the 400k apple stocks,
yea he never mentions it
because well ykno
i mean no one lies on the internet for longer viewer watch times
Josh.. You really need to get control of your comment section dude.. There's spam bots ALL OVER the damn place ( and also clones of YOU)! It's a chore going through all the dross to get to a legitimate comment.. A lot of VRITKIN-nin-bin whatever 🙄😮💨 Aside from that, I hope you're doing Fine! Take care
See what I mean?!
30 days, 30 streams of income
Basically, I just made my first 100,000 in crypto in a bear market and I barely know how to express how happy and excited I am right now. This comment serves as motivation for all those who have invested and continue to invest in cryptocurrencies with so many losses, do not give up, cryptocurrencies can change your life. Do your best to connect with the right people and you will surely see changes.
Exactly how long did it take you to understand that? Because I have been doing everything I can to profit from this bear market for the last 7 months, after watching a lot of trading videos and reading a lot of strategy and technical analysis books and still having nothing to show for it, I am slowly leaning towards the idea that I'm incredibly unlucky in trading, plus I should be retiring in a few months, so any advice would be good, and yes, I've tried getting a CFA as well, but it's hard to find one that really understands the full gamut of the different sections. , I'm very open-minded and if I can't have it all then there's no point if you know what I mean.
Just over a year and I had to rethink my strategies, which took a while, but I finally had the answer and it was uphill from there. Honestly, my AI has been great and honestly, all my success has been because of that, although it took me a while to get to the CFA I'm under contract with right now.
It's hard to get good advice on diversification. still don't have a solution yet, after all these months I've lost over £103k so if you can hook me up to your AI that would be nice, I really need a diversification option right now and I'd appreciate the help, cause I need the best option, plus little more information, like how much to start with and all. It would be great if you could help me.
I see what you're saying, so I'll give you some sauce, I recommend Mary Ann Barbes. Her general market knowledge and asset management skills are truly first-class. If you do your research, you'll find for yourself that the lady's work ethic is off the charts. I've never seen anyone so dedicated, so I'm pretty sure that would help you get back on the winning path.
Alright how do I talk to her?
I love the advice, but the fact that so much of your life is devoted to getting other people to spend their money…. Doesn’t that feel sleazy to you? That all of your success and the comfort you get to experience now comes from manipulating and taking advantage of others for the sake of the sale?
Dividend stocks? AAPL pays a meager .54% a year! That's basically nothing. Dividends are a great subject but AAPL?!
im just here to see the view bots comment section
💯💯
Hi joshua
You make money, by telling poor people how they can make money.
Fair trade
well yeah. youtube pays accordingly for that. so therefore, many people are doing it.
@@PolymathWarrior very high Ad rate.
Why is he so worried about easy money and side hustles if he has almost 750K subs. Almost all his money is coming from active income which suggest many of us will end up having to do the same!!!!!
Thanks for the update and keep doing what you do. My journey in the current market has taught me a lot of lessons, thinking about investing diversification certainly is the key, that’s why I engaged in sectors based on projected growth. There are no shortcuts to getting rich but there are smart ways to go about it. professional JEREMY ELTON JOHNSON has been my advisor and trader for a while now she has been doing a great job reviewing all charts and trade on BTC which has enhanced the growth of my portfolio to a six figures lately.
JeremyEJ1
Side Hustle to make money: 432k Apple Dividends stocks! how? Another side hustle create videos or other automated side hustle...and for this one... hire other side hustle! lollll This is a loophole. The solution is never given in fact. I have made a lot of videos, never got traction at all lol still cant get a side hustle that works man.
🏆
I must say you are an inspiration as I was an investor afraid of losing money when I first started investing and trading and am happy to say I am now very profitable and have bought my first house through it.
Big kudos to you for your victory, may I ask how did you achieve success, I have found everything difficult lately, how did you overcome the fear of facing failure here as well
@@AllenTatum-rs2nd I understand how you feel, luck is not so much about being lucky as it is about having a good investment plan, watching professional trading videos and especially connecting with the right people, the digital world is full of inauthentic people and I have met some of these people on my journey to success. I'm glad I'm profitable now.
@@Jack-smith991 At the moment I can attest to the fact that I am making more profit than my monthly salary every week by trading.
@@AllenTatum-rs2nd What do I need to do as a beginner?
@@JoStewart-pr9kb Know when to put money in and when to take it out, watch great trading videos, and be persistent and you will be successful.
There's no way this guy makes 2.7m per year
❤
150k to make 100$ a week. That’s messed up.
Good video but the starring was supposed to be the other way round
You are already making over $50,000 per week. Why do you need to buy up housing to convert to rentals? There is already a housing affordability crisis. I don’t understand why once people make decent money they start becoming greedy.
A lot of times people don't want to keep cash in their bank account. They want that money to make more money. So you can either invest in another business, stock market or real estate. Real estate is one of the safest and better investments you can make. Also if it can be looked at as his youtube channel might not provide that much money in the future so he needs new ways to make money with the money he is already making. But yes sometimes it does come off as crazy greedy
Don’t people also need good rentals with good landlords?
Thats 3m Per Year Passively
57k a week is what Josh would make if he made an onlyfans
Even though 2022 was a crazy year for a lot of people, it was one of my best years financially. made nearly $300k off a $40k investment. I adhered to the recommendations made for me by my financial counselor Janet Santa Sherry, and the results were favorable. Anyone wishing to generate passive income with extra cash should consider investing in equities, in my opinion.
Views low on this video for you. People are catching on. This high paying side hustles are just a dream, myth. you want big dollars you must put in a lot of time and money.
this is so generic, feels like a big LIE.
can you validate you actually do all of this?
can you validate that you make 54k per week?
i dont believe anything you are saying here.
$57k per week. 😨
bruh, you're still shilling bitcoin in 2023?? but yeah makes sense because that is exactly something a property hoarder with questionable morals would do lol
Most of his comments are bots 😭😭😭😭
Let's Go 🔥