I discuss five ways that you can invest your money to generate passive income. If you are new to investing, I make suggestions on how you can get started, and give specific examples that you can research further.
This video provides a definition of passive income and how that can be related to investing. Then I cover my favorite methods for investing, including dividend ETFs, stock in large cap companies that pay dividends, particularly dividend aristocrats, REITs and REIT ETFs, real estate through the Fundrise platform, and getting the best return when you need to hold cash by keeping it an a high interest rate savings account. I also give a quick walkthrough on searching for a savings account on Bankrate.com.
I've attempted to describe things thoroughly so that the information should be beginner friendly for new investors. Please comment with any questions and I will try to get back to you!
YouTube creator info -- I am super excited that I finally got a Caddie Buddy (teleprompter system) as a birthday present for myself last month. It helped me feel a lot more confident while filming this video.
Listed on Amazon as a "Professional and Portable Teleprompter with Optional Aluminum Case": https://amzn.to/2T3pHlJ
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$$$ Acorns Account Refer-a-Friend link (we each get $5): https://acorns.com/invite/wv2228
$$$ Capital One 360 Checking or 360 Performance Savings:
https://capital.one/31n50E2
$$$ Fundrise Account Refer-a-Friend link (we both have advisory fees waived for 90 days): https://fundrise.com/r/y4eyk
$$$ Lending Club Refer-a-Friend link (get $25 or more when you sign up and invest a minimum of $2500 in Notes). Recommended to stick to Grade A and Grade B Notes: http://lclub.co/f9136b6a
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$$$ Robinhood Account Refer-a-Friend link (we each get 1 stock): https://share.robinhood.com/rebeccd380
$$$ Get a free stock when you sign up with WeBull: https://act.webull.com/promotion/invitation/share.html?inviteCode=jsD8Sj8EUddx
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I record my videos with a Sony DSC-RX100M6 RX100 VI Cyber-Shot Digital Camera : https://amzn.to/2ZdheRX
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Disclaimer: The content in this video is shared for entertainment, educational, and informational purposes; no copyright infringement intended. This video does not constitute personal financial advice to viewers. Please do your own research into any investment options before putting your money into anything!
Did you miss our previous article...
https://wealthvideos.club/Investments/top-5-easy-passive-income-ideas-you-can-start-in-2025