Passive income is an important source of income for many millionaires: it does not require active work or daily activities. What could generate such income? For example, affiliate marketing, rental payments, and trust funds.
Kyiv. Ukraine. Ukraine Gate – May 12, 2021 – Entrepreneurs
Profit from marketing
Adrian is 32 years old, but his fortune already has about four million dollars. Just 11 years ago, he was earning $ 27,000 a year working as a customer service manager at a company. Today, it has three main sources of income: investing, rental properties, as well as affiliate marketing.
In the past year alone, Adrienne earned roughly $ 750,000 through her affiliate marketing. What are his responsibilities? He shares links to various products in his blogs, emails, and social networks. When someone clicks on one of these links and purchases that product, Adrian receives a generous commission.
Income due for rental payments
Sharon Ziong invested in her first drug in 2013: then her brother helped her healthily and took half of the pledge upon herself. And for a while, she was able to fully pay the necessary funds. Moreover, the girl started to raise money to buy and rent more residential properties.
Today Sharon is 30 years old, and she owns a total of thirteen apartment buildings. According to her, because of these investments, her current capital is more than $ 1 million.
It is worth noting that although the girl lives in California (USA), most of the real estate is outside the state. It promotes its businesses in areas with population growth potential: this approach allows it to buy properties that it can afford by avoiding any mortgage loans.
Although Sharon has several sources of income, most of her financial resources come from renting out real estate. The girl even runs her own blog, in which she shares her experience with others.
Profit from trust funds
Jeremy Snyder has long worked on his own website promoting rental properties. Jeremy later sold it for $ 2 million.
Since then, he has doubled his fortune by reinvesting profits from selling the site. According to the man, his current capital is about four million dollars. Jeremy owns various assets (including real estate), but his main source of income is an investment in trust funds.
These funds represent a mix of stocks, bonds, and alternative investments. In his work, Snyder adheres to certain rules. For example, he maintains a withdrawal limit (no more than 4%), but most of the time Jeremy doesn’t spend more than 2%.
Read also: The Dizzying Success of Ordinary Housewives Who Became Millionaires
Source: Ukrgate
