28 Jobs For Passive Income (Set It, Earn It)

Are you an income opportunist? Love the idea of money working for you, rather than you working for money?

Then, brace yourself!

Today, we are exploring a variety of ideal jobs for generating passive income.

From real estate investment to eCommerce store ownership. Each one is an excellent fit for those who embrace the power of passive income.

Imagine your money doing the hard work. Day in, day out.

Sounds like the dream, right?

So, secure your comfortable planning space.

And prepare to uncover your dream passive income job!

Rental Property Owner

Average Salary: Variable (potential for $20,000 – $100,000+ depending on property number, type, and location) per year

Rental Property Owners invest in residential or commercial properties to rent out to tenants, generating a steady stream of passive income.

This role is ideal for those who want to build long-term wealth and enjoy the benefits of property ownership without being actively involved in day-to-day management.

Job Duties:

• Property Acquisition: Research and purchase properties that have the potential for high rental yields and appreciation in value.
• Tenant Screening: Conduct thorough background checks to find reliable and trustworthy tenants.
• Rent Collection: Implement systems for collecting rent on time and managing late payments.
• Maintenance Oversight: Ensure the property is well-maintained, habitable, and safe for tenants, which may involve coordinating with contractors and service providers.
• Financial Management: Keep track of income and expenses, manage budgets, and make strategic decisions to maximize profitability.
• Legal Compliance: Stay informed about landlord-tenant laws, fair housing regulations, and other legal requirements to ensure compliance.

 

Requirements:

• Financial Acumen: Understanding of real estate investment, financing options, and the ability to analyze market trends.
• Property Management Skills: Knowledge of property maintenance, leasing, and tenant relations.
• Interpersonal Skills: Strong communication and negotiation skills to deal effectively with tenants, agents, and contractors.
• Problem-Solving: Ability to address and resolve property-related issues promptly and efficiently.
• Patience and Perseverance: Managing rental properties can come with challenges, requiring patience and a long-term investment perspective.

 

Career Path and Growth:

As a Rental Property Owner, you have the flexibility to scale your investments, own multiple properties, and diversify your portfolio.

With experience and additional capital, you can grow from owning single units to managing entire apartment complexes or commercial spaces, increasing your passive income potential.

Successful Rental Property Owners may also transition into real estate development, property flipping, or become consultants for other investors looking to enter the field.

 

Dividend Stock Investor

Average Salary: $60,000 – $100,000+ per year

Dividend Stock Investors strategically invest in companies that provide regular dividend payouts, generating a stream of passive income.

This role is ideal for those who want to grow their wealth over time and enjoy analyzing the financial markets.

Job Duties:

• Portfolio Selection: Research and select a diverse range of dividend-paying stocks to invest in, aiming to balance risk and return.
• Market Analysis: Monitor financial markets and economic trends to make informed investment decisions.
• Dividend Tracking: Keep track of dividend payments, ex-dividend dates, and changes in company dividend policies.
• Financial Planning: Develop long-term investment strategies to build and maintain a portfolio that provides stable passive income.
• Risk Management: Assess and manage the risk associated with each investment, including company-specific and market-wide risks.
• Continued Education: Stay informed about changes in tax laws, financial regulations, and best investment practices.

 

Requirements:

• Educational Background: A Bachelor’s degree in Finance, Economics, Business Administration, or a related field is beneficial.
• Financial Acumen: Strong understanding of financial statements, stock market fundamentals, and investment strategies.
• Research Skills: Ability to perform in-depth research and analyze the financial health and growth potential of companies.
• Patience and Discipline: A disciplined approach to investing, with the patience to hold investments over the long term.
• Decision-Making: Confidence in making investment decisions and adjusting strategies based on market conditions.

 

Career Path and Growth:

Dividend Stock Investors can experience financial growth through careful portfolio management and reinvestment of dividends.

Over time, investors can expand their portfolios, engage in more sophisticated investment strategies, and potentially become professional financial advisors or fund managers.

 

High-Yield Savings Account Holder

Potential Earnings: Variable (depending on the account balance and interest rate)

High-Yield Savings Account Holders benefit from higher interest rates compared to traditional savings accounts, allowing their money to grow more efficiently over time.

This role is ideal for individuals who seek a low-risk passive income stream and wish to grow their savings without much effort.

Job Duties:

• Researching High-Yield Accounts: Identify the best high-yield savings accounts with the highest interest rates and favorable terms.
• Depositing Funds: Maintain a balance in the savings account to accrue interest over time.
• Monitoring Interest Rates: Keep an eye on changing interest rates and adjust your savings strategy accordingly.
• Reviewing Account Terms: Stay informed about any changes to account fees, withdrawal limits, or other terms that might affect earnings.
• Financial Planning: Incorporate the high-yield savings account into a broader personal finance plan for maximum benefit.
• Regular Contributions: Optionally, make regular contributions to the savings account to steadily increase the principal balance.

 

Requirements:

• Initial Capital: Some funds to deposit into the high-yield savings account to start earning interest.
• Financial Literacy: Basic understanding of savings accounts, interest rates, and personal finance management.
• Risk Tolerance: Comfort with the low-risk nature of savings accounts as a form of passive income.
• Patient Investing: Willingness to allow funds to grow over time, resisting the temptation to make frequent withdrawals.
• Research Skills: Ability to research and compare different high-yield savings account options.

 

Career Path and Growth:

As a passive income strategy, holding a high-yield savings account is not a career in the traditional sense but rather a financial tool for wealth accumulation.

Over time, account holders can optimize their savings by diversifying into other passive income streams, such as certificates of deposit (CDs), bonds, or dividend-yielding stocks.

Those with a growing interest in finance might pursue further education and shift into careers in financial planning or investment management.

 

eBook Author

Average Earnings: Variable (Typically $1,000 – $100,000+ depending on sales)

eBook Authors create and publish books in digital form, often leveraging online platforms to reach a global audience.

This role is perfect for those who have a knack for writing and are looking to generate passive income through their literary creations.

Job Duties:

• Writing and Content Creation: Craft compelling and high-quality content for a variety of genres, ensuring that the final product is engaging for readers.
• Editing and Proofreading: Diligently edit and proofread manuscripts to produce error-free eBooks that maintain a professional standard.
• Cover Design: Either design an attractive eBook cover yourself or collaborate with graphic designers to create a cover that stands out.
• Formatting and Publishing: Format manuscripts for eReader compatibility and publish them on various eBook platforms such as Amazon Kindle, Apple Books, or Kobo.
• Marketing and Promotion: Develop and implement marketing strategies to promote your eBook, increase visibility, and drive sales.
• Engaging Readers: Build a connection with your audience through social media, author websites, or email newsletters to create a loyal readership.

 

Requirements:

• Writing Skills: Excellent writing abilities and a strong command of language to craft engaging and compelling narratives.
• Self-Motivation: Determination and discipline to complete writing projects without direct oversight or strict deadlines.
• Technical Proficiency: Basic understanding of eBook formatting, publishing platforms, and digital marketing techniques.
• Research Abilities: Capability to perform thorough research to ensure the content is accurate, especially for non-fiction authors.
• Marketing Knowledge: Knowledge of online marketing and self-promotion to boost eBook sales and visibility.

 

Potential Income and Growth:

Passive income as an eBook author comes from the royalties earned on book sales.

Successful authors can build a substantial income stream over time, especially if they write multiple books.

With dedication and effective marketing, eBook authors can increase their earnings, cultivate a fanbase, and even transition into full-time writing careers.

Some may also explore opportunities to sell audiobook rights, translations, or even adapt their eBooks into other media forms such as film or television.

 

Online Course Creator

Average Salary: $40,000 – $75,000 (varies widely based on course success and sales) per year

Online Course Creators design and develop educational content in a digital format, allowing students to learn at their own pace on various subjects, including hobbies, professional skills, and academic topics.

This role is ideal for individuals who are passionate about teaching and sharing knowledge with a global audience, enabling a stream of passive income once the course is created and marketed.

Job Duties:

• Content Development: Create comprehensive and engaging course materials, including video lectures, written content, quizzes, and interactive assignments.
• Market Research: Identify in-demand skills and knowledge areas to develop courses that attract and retain students.
• Technical Production: Record and edit high-quality video and audio content, ensuring the course is accessible and user-friendly.
• Marketing and Promotion: Utilize online marketing strategies to promote courses to potential students through social media, email marketing, and other channels.
• Student Support: Provide feedback and answer students’ questions to enhance their learning experience and course satisfaction.
• Updating Content: Regularly update course materials to reflect the latest trends, technologies, and advancements in the field.

 

Requirements:

• Educational Background: Expertise in a specific subject area, which may be supported by formal education or self-taught proficiency.
• Communication Skills: Strong ability to articulate complex information clearly and engagingly in written and video formats.
• Technical Proficiency: Competence with video recording equipment, editing software, and e-learning platforms.
• Marketing Knowledge: Understanding of online marketing techniques to effectively reach and expand the target audience.
• Adaptability: Ability to adjust course content and teaching strategies based on student feedback and learning analytics.

 

Career Path and Growth:

Online Course Creators have the opportunity to establish themselves as authorities in their field and can achieve substantial passive income as their courses continue to sell over time.

As their reputation grows, they may be invited to speak at conferences, offer consulting services, or collaborate with educational institutions and companies.

Successful course creators may also build a team to scale their business, create more courses, and diversify their income streams.

 

Mobile App Developer

Average Salary: $70,000 – $120,000 per year

Mobile App Developers specialize in creating software applications for mobile devices, such as smartphones and tablets.

This role is ideal for those with a knack for technology and a desire to create interactive solutions that can generate passive income through app sales or in-app purchases.

Job Duties:

• Designing and Building Mobile Applications: Develop user-friendly and functional mobile apps for various platforms like iOS and Android.
• Ensuring User Experience (UX) Quality: Create engaging user interfaces and seamless user experiences within the app.
• Maintaining and Updating Apps: Regularly update applications with new features and bug fixes to keep them relevant and functional.
• Testing Applications: Conduct thorough testing to ensure applications are reliable, effective, and secure.
• Collaborating with Cross-functional Teams: Work with designers, product managers, and other developers to bring the app concept to life.
• Staying Updated with Technology: Keep abreast of the latest developments in mobile technology, programming languages, and app trends.

 

Requirements:

• Educational Background: A Bachelor’s degree in Computer Science, Software Engineering, or a related field is often required.
• Technical Skills: Proficiency in programming languages such as Java, Swift, Kotlin, or Objective-C, and a good understanding of mobile development frameworks.
• Problem-Solving Abilities: The capacity to troubleshoot and solve complex technical issues that may arise during the development process.
• Attention to Detail: Meticulousness in coding, testing, and the ability to produce high-quality, efficient, and clean code.
• Adaptability: Being flexible and quick to adapt to new tools or changes in software technology and mobile trends.

 

Career Path and Growth:

Mobile App Developers have numerous opportunities for growth and income generation.

They can work for tech companies, startups, or as freelancers.

With experience, developers can become senior developers, project managers, or start their own app development company.

Successful apps can generate significant passive income through sales, advertising, and in-app purchases.

As mobile technology continues to evolve, developers who innovate and adapt can achieve considerable success and financial rewards in this field.

 

Blogger

Average Salary: $20,000 – $80,000 (Highly variable and can be significantly more based on traffic and monetization strategies) per year

Bloggers create, write, and publish content on various online platforms, often to generate passive income through advertising, affiliate marketing, sponsored content, and product sales.

This role is ideal for individuals who enjoy writing and have expertise or interest in a specific niche that can be monetized.

Job Duties:

• Creating Engaging Content: Write and publish articles, blog posts, or guides that attract and retain a dedicated readership.
• SEO Optimization: Apply search engine optimization techniques to increase the visibility of blog content in search results.
• Content Monetization: Implement strategies such as affiliate marketing, sponsored posts, and ad placements to generate passive income.
• Building an Online Presence: Develop and maintain an online persona or brand that resonates with the target audience.
• Engaging with Readers: Interact with readers through comments, emails, or social media to build a community around the blog.
• Staying Current: Keep up-to-date with the latest trends, news, and best practices within the blogging industry and the niche topic.

 

Requirements:

• Writing Skills: Excellent writing ability, with a knack for crafting compelling and relatable content.
• Marketing Knowledge: Understanding of digital marketing strategies, including SEO, email marketing, and social media engagement.
• Niche Expertise: In-depth knowledge of a particular subject matter that can attract a specific audience.
• Technical Proficiency: Familiarity with blogging platforms, basic web design, and image editing tools.
• Persistence: A willingness to continue producing content regularly, even when immediate financial returns may not be significant.

 

Career Path and Growth:

As a blogger, there is significant potential to create a passive income stream that can grow over time.

Successful bloggers can become recognized thought leaders in their niche, launch their own products or services, or even get book deals and speaking engagements.

With a well-established blog, there’s also the opportunity to hire additional writers and expand into a full-fledged media company.

 

Affiliate Marketer

Average Salary: $40,000 – $70,000 (highly variable with potential for much more) per year

Affiliate Marketers promote products or services and earn a commission for every sale or action completed through their unique affiliate links.

This role is ideal for those who enjoy creating content and strategies to generate passive income through marketing efforts.

Job Duties:

• Content Creation: Develop engaging content that includes affiliate links, such as blog posts, videos, reviews, and social media updates.
• Marketing Strategies: Implement and monitor marketing strategies to drive traffic to affiliate links, using SEO, email marketing, PPC, and more.
• Performance Tracking: Analyze the performance of affiliate campaigns using tracking tools to optimize strategies and increase earnings.
• Partnership Building: Establish and maintain relationships with affiliate networks and program managers to find the best products and negotiate deals.
• Learning and Adapting: Keep up-to-date with the latest trends in affiliate marketing and adapt strategies accordingly to remain competitive.
• Compliance: Ensure all affiliate marketing activities comply with legal requirements and ethical standards.

 

Requirements:

• Marketing Knowledge: Understanding of digital marketing principles, including SEO, content marketing, and social media strategies.
• Technical Skills: Familiarity with affiliate tracking software, analytics tools, and basic web design to optimize the affiliate marketing process.
• Analytical Abilities: Ability to analyze data to understand performance and make informed decisions.
• Communication Skills: Strong written and verbal communication skills for creating compelling content and building partnerships.
• Self-Motivation: Being proactive and self-motivated is crucial as affiliate marketing success largely depends on individual effort and persistence.

 

Career Path and Growth:

As an Affiliate Marketer, there is significant potential for growth based on performance.

Successful affiliate marketers can scale their operations by outsourcing content creation, expanding into new niches, or even creating their own products.

With experience and a strong portfolio, there are opportunities to consult for businesses or speak at industry events.

The more traffic and sales you can generate, the more passive income you can potentially earn.

 

Peer-to-Peer Lender

Average Earnings: Varies (potential for significant passive income)

Peer-to-Peer Lenders provide loans to individuals or businesses through online platforms, bypassing traditional financial institutions.

This role is perfect for individuals seeking passive income streams and interested in the financial markets and lending.

Job Duties:

• Investing in Loans: Allocate funds to various loans on peer-to-peer lending platforms based on risk assessments and potential returns.
• Assessing Risk: Evaluate the creditworthiness of potential borrowers and determine interest rates based on associated risks.
• Portfolio Diversification: Spread investments across multiple loans to mitigate risk and increase the chances of steady returns.
• Monitoring Investments: Keep track of loan performance, borrower repayments, and any changes in the financial market that may impact returns.
• Reinvesting Returns: Optimize earnings by reinvesting repayments into new loans, thus compounding the potential income.
• Staying Informed: Stay updated on financial regulations, market trends, and economic factors that may influence peer-to-peer lending.

 

Requirements:

• Financial Acumen: Understanding of financial markets, investment strategies, and credit risk assessment.
• Research Skills: Ability to conduct thorough due diligence on potential investment opportunities.
• Risk Management: Knowledge of risk management practices to maintain a balanced and diversified portfolio.
• Patience: Willingness to wait for returns to materialize, as peer-to-peer lending involves loans that can span multiple years.
• Decision-Making: Confident in making investment decisions based on data-driven insights.

 

Career Path and Growth:

Peer-to-Peer Lending offers a chance to grow passive income significantly over time.

As lenders gain experience and capital, they can increase their investments and potentially earn higher returns.

Experienced lenders may also transition into advisory roles, guiding new investors in the field, or expand their portfolio by investing in a broader range of financial products.

 

Vending Machine Owner

Average Salary: Passive Income Potential – Varies Based on Number and Location of Machines per year

Vending Machine Owners operate a network of vending machines that dispense snacks, beverages, or other products to consumers.

This role is ideal for entrepreneurs seeking a source of passive income.

Job Duties:

• Selecting Vending Locations: Identify and secure profitable locations for vending machines such as schools, offices, or shopping centers.
• Stocking and Maintenance: Keep the machines well-stocked with popular products and ensure they are in good working order.
• Monitoring Sales and Inventory: Use inventory tracking to determine which products sell best and when to restock.
• Financial Management: Oversee the financial aspects, including cash collection, coin counting, and electronic payment processing.
• Customer Service: Address customer complaints or refunds in a timely manner and maintain positive location relationships.
• Adapting Offerings: Regularly update the product selection to meet consumer trends and preferences.

 

Requirements:

• Business Acumen: Understanding of basic business operations, including location scouting, inventory management, and financial planning.
• Technical Skills: Ability to troubleshoot and perform minor repairs on vending machines.
• Customer Service: Good communication skills and the ability to maintain positive relationships with location managers and customers.
• Time Management: Efficiently organize restocking and maintenance schedules around other commitments if not pursuing full-time.
• Adaptability: Willingness to adapt to changing market trends and consumer tastes.

 

Career Path and Growth:

Vending Machine Ownership can start as a side business and grow into a significant source of passive income.

Owners can expand their network of machines, diversify their product offerings, or even transition into vending machine franchising.

With the rise of smart vending machines and cashless payment technology, owners have opportunities to modernize their operations and increase profitability.

 

ATM Owner

Average Income: $30,000 – $50,000 (varies widely based on location and transaction volume)

ATM Owners purchase and operate Automated Teller Machines (ATMs) in various locations to generate passive income through transaction fees.

This role is ideal for individuals looking for a hands-off business investment that can provide a steady stream of passive income.

Job Duties:

• Site Selection: Identifying profitable locations to place ATMs, such as high-traffic areas, retail centers, or entertainment venues.
• Maintenance and Upkeep: Ensuring that ATMs are in good working order, including cash replenishment, receipt paper restocking, and machine servicing.
• Handling Finances: Managing the cash flow, including loading cash into the machines and reconciling the collected fees.
• Monitoring Transactions: Keeping track of the number and type of transactions to optimize the performance and profitability of each ATM.
• Customer Service: Addressing any issues or disputes that arise from users, potentially coordinating with the ATM network or financial institutions.
• Regulatory Compliance: Staying up-to-date with banking regulations and ensuring that all ATMs comply with federal and state laws.

 

Requirements:

• Business Acumen: Understanding of basic business operations, including investment strategies, profit analysis, and operational management.
• Technical Knowledge: Familiarity with ATM hardware and software, as well as basic troubleshooting skills.
• Financial Management: Ability to manage cash flows and ensure profitability while accounting for maintenance and operational costs.
• Customer Service: Skills to handle customer interactions and resolve issues efficiently and professionally.
• Attention to Detail: Diligence in monitoring transaction logs, machine performance, and compliance with legal regulations.

 

Career Path and Growth:

Owning ATMs can serve as a foundational passive income stream that can be scaled by acquiring more machines and optimizing locations.

With a successful portfolio of ATMs, owners can expand into broader financial service ventures or become consultants for new entrants into the ATM business.

 

Storage Unit Owner

Average Income: $70,000 – $200,000 (varies greatly depending on location and occupancy rates)

Storage Unit Owners invest in and manage self-storage facilities, renting out storage space to individuals or businesses.

This role is ideal for entrepreneurs seeking a relatively hands-off business that can generate passive income.

Job Duties:

• Facility Management: Oversee the operations of the storage facility, ensuring cleanliness, security, and proper maintenance.
• Customer Service: Provide excellent service to renters, including contract management, payment processing, and addressing concerns.
• Marketing: Develop strategies to attract new renters, including promotional campaigns and online presence management.
• Financial Oversight: Manage the financial aspects of the business, such as setting rental rates, budgeting for expenses, and optimizing profitability.
• Security Management: Implement and maintain robust security measures to protect renters’ stored items and ensure peace of mind.
• Market Analysis: Stay informed about local market trends and adjust business strategies accordingly to remain competitive.

 

Requirements:

• Business Acumen: Knowledge of real estate, particularly in the self-storage industry, and a strong understanding of business operations.
• Customer Service Skills: Excellent interpersonal skills to retain customers and manage relationships effectively.
• Marketing Knowledge: Ability to market the storage facility to potential renters through various channels.
• Financial Management: Proficiency in managing budgets, expenses, and revenue to ensure a profitable operation.
• Problem-Solving: Quick and effective problem-solving skills to address issues that may arise with the facility or renters.

 

Career Path and Growth:

Owning a storage unit facility can be a scalable business venture.

Owners can start with a single location and expand to multiple facilities over time.

With advancements in technology, such as automated kiosks and online management systems, owners can streamline operations for increased efficiency and reduced hands-on management.

As demand for storage continues to grow, there is significant potential for expansion and increased passive income in this industry.

 

Laundromat Owner

Average Salary: $30,000 – $100,000 (Varies based on location, size, and services offered) per year

Laundromat Owners operate self-service laundry facilities, providing a necessary community service that can generate a steady stream of passive income.

This role is ideal for entrepreneurs who want to run a business that requires minimal daily management once established.

Job Duties:

• Maintaining Equipment: Ensure all washing machines and dryers are in good working order and perform regular maintenance checks.
• Customer Service: Provide a clean and friendly environment for customers and address any service issues or concerns they may have.
• Operational Management: Oversee the day-to-day operations, including opening and closing procedures, staff management, and inventory control.
• Business Development: Explore additional revenue streams such as wash-and-fold services, vending machines, or partnerships with local businesses.
• Marketing: Promote the laundromat locally through advertising, social media, and loyalty programs to attract and retain customers.
• Financial Oversight: Manage financial aspects including budgeting, pricing strategies, and revenue tracking to ensure profitability.

 

Requirements:

• Business Acumen: Understanding of how to run a business, including financial management, marketing, and customer service.
• Technical Skills: Basic knowledge of laundry equipment maintenance and troubleshooting to ensure smooth operations.
• Customer Focus: Commitment to providing a high level of service to maintain a loyal customer base.
• Attention to Detail: Keen eye for cleanliness and organization to provide a pleasant user experience.
• Problem Solving: Ability to quickly resolve any issues that arise with machines or customer complaints.

 

Career Path and Growth:

As a Laundromat Owner, you have the opportunity to grow your business by expanding to multiple locations, increasing the range of services offered, or franchising your successful business model.

You can also explore upgrades like eco-friendly machines and technologies, such as app-based payment systems, to stay competitive and potentially increase your passive income.

 

Automated Car Wash Owner

Average Salary: $70,000 – $100,000 per year

Automated Car Wash Owners manage and operate automated car wash facilities, providing quick and efficient services to customers.

This role is ideal for those seeking a steady source of passive income with minimal daily management after initial setup.

Job Duties:

• Overseeing Operations: Ensure the automated car wash is running smoothly and efficiently with minimal downtime.
• Maintaining Equipment: Regularly check and maintain car wash machinery to prevent malfunctions and ensure high-quality service.
• Customer Service: Address customer inquiries and concerns promptly, maintaining a high standard of customer satisfaction.
• Marketing Strategies: Develop and implement marketing campaigns to attract new customers and retain existing ones.
• Financial Management: Handle the financial aspects of the business, including revenue tracking, expense management, and profit optimization.
• Staying Updated: Keep abreast of the latest trends and technologies in the car wash industry to maintain a competitive edge.

 

Requirements:

• Business Acumen: Strong understanding of business operations, particularly in the car wash or automotive service industry.
• Customer Service Skills: Ability to provide excellent service and resolve customer issues effectively.
• Technical Knowledge: Basic knowledge of mechanical systems to oversee maintenance and troubleshoot equipment problems.
• Marketing Know-how: Experience in marketing and promotion to drive business growth and customer engagement.
• Financial Management: Skills in financial planning, budgeting, and analysis to ensure the business remains profitable.

 

Career Path and Growth:

As an Automated Car Wash Owner, the potential for passive income is substantial once the business is established and operating smoothly.

With the right location and marketing, there’s the opportunity for significant revenue growth.

Owners can expand their business by adding multiple locations, offering additional services such as detailing, or franchising their successful model.

The car wash industry is also evolving with eco-friendly and water-saving technologies, providing further avenues for business development and innovation.

 

Domain Trader

Average Salary: Variable (often commission-based with high earning potential) per year

Domain Traders, also known as Domain Brokers or Domain Investors, buy and sell domain names, capitalizing on the demand for desirable web addresses.

This role is ideal for those who have a keen interest in the internet and are adept at predicting online trends and identifying valuable digital real estate.

Job Duties:

• Market Analysis: Research and identify profitable domain names to purchase based on trends, keyword popularity, and industry developments.
• Buying Domains: Acquire domain names with potential for appreciation through auctions, private sales, or direct registration.
• Sales Strategy: Develop and implement strategies to sell domains at a premium, such as creating sales pages or listings on domain marketplaces.
• Negotiation: Communicate with potential buyers to negotiate sales and secure the best possible prices for domain names.
• Portfolio Management: Maintain and manage a portfolio of domain names, including renewals and transfers.
• Staying Informed: Keep up-to-date with internet trends, search engine updates, and online business developments to stay ahead in the market.

 

Requirements:

• Market Savvy: An understanding of online business, SEO, and e-commerce trends is essential.
• Negotiation Skills: Strong negotiation and sales skills to maximize profits from domain sales.
• Research Ability: Proficiency in conducting thorough research to identify high-potential domain names.
• Patience: The capacity to wait for the right opportunity to buy or sell, as domain trading can sometimes require a long-term investment approach.
• Adaptability: Flexibility to adapt strategies based on market changes and new internet practices.

 

Career Path and Growth:

The role of a Domain Trader offers the potential for significant passive income through strategic investment and sales.

With experience, Domain Traders can become recognized experts in the field, start their own domain trading firms, or expand into related areas such as domain appraisal services, domain name consultancy, or even website flipping.

The success in this career largely depends on one’s ability to foresee and adapt to the ever-changing digital landscape.

 

Dropshipping Business Owner

Average Salary: Varies widely (Potential for significant passive income) per year

Dropshipping Business Owners operate online stores where they sell products without holding inventory.

They purchase items from a third party, which ships directly to customers.

This role is ideal for entrepreneurs looking for a business model with the potential for passive income and low overhead costs.

Job Duties:

• Selecting Products: Research and choose profitable products to list in your online store that align with market demand.
• Supplier Coordination: Establish and maintain relationships with suppliers who will fulfill orders on your behalf.
• Website Management: Oversee the online storefront, ensuring the user experience is smooth and the site remains updated.
• Marketing Strategies: Develop and implement marketing campaigns to drive traffic to your store and convert visitors into customers.
• Customer Service: Provide support for customer inquiries, order issues, and returns, ensuring a positive shopping experience.
• Market Analysis: Continuously analyze market trends and adjust your product offerings and marketing tactics accordingly.

 

Requirements:

• Educational Background: No formal education required; however, courses in e-commerce, business management, or digital marketing can be beneficial.
• Entrepreneurial Skills: Strong business acumen, with the ability to identify opportunities and manage a business effectively.
• Marketing Knowledge: Understanding of digital marketing strategies, including SEO, PPC, social media, and email marketing.
• Customer Focus: Commitment to providing excellent customer service and maintaining high satisfaction levels.
• Adaptability: Ability to adapt quickly to changes in market trends and consumer preferences.

 

Career Path and Growth:

Dropshipping can start as a side business but has the potential to grow into a significant source of income.

Successful Dropshipping Business Owners may expand their operations, diversify their product offerings, or even develop their own brands.

With the e-commerce market continuously growing, there are numerous opportunities for scaling the business and increasing passive revenue streams.

 

YouTube Channel Owner

Average Salary: Potentially $0 – $100,000+ (Highly variable depending on channel size and monetization strategies) per year

YouTube Channel Owners create, manage, and grow their channels on the YouTube platform, producing content for a global audience and earning revenue through various streams, such as ad monetization, sponsorships, and merchandise sales.

This role is ideal for individuals seeking passive income through creative content creation and online engagement.

Job Duties:

• Content Creation: Produce engaging videos that resonate with your target audience, whether they’re educational, entertaining, or informative.
• Channel Management: Oversee all aspects of the channel, including content scheduling, community engagement, and analytics monitoring.
• Monetization: Implement and manage monetization strategies, such as AdSense, channel memberships, super chats, and affiliate marketing.
• Marketing and Promotion: Utilize social media and other marketing techniques to increase viewership and subscriber count.
• Collaboration: Network with other YouTubers and brands for collaborations and sponsorships to expand reach and revenue sources.
• Staying Current: Keep up to date with the latest YouTube trends, algorithm changes, and content creation tools to optimize channel performance.

 

Requirements:

• Video Production Skills: Proficiency in video editing, sound design, and content scripting to create high-quality videos.
• SEO Knowledge: Understanding of YouTube SEO and analytics to maximize video discoverability and channel growth.
• Brand Development: Ability to create and maintain a consistent brand identity that resonates with viewers.
• Community Engagement: Strong communication skills for interacting with subscribers and managing online communities.
• Self-Motivation: A high level of self-motivation and discipline to consistently produce content and manage the channel.

 

Career Path and Growth:

As a YouTube Channel Owner, growth is often measured by subscriber count, view numbers, and revenue generated.

Successful YouTubers can expand their brand into other areas such as merchandise, books, podcasts, and public speaking engagements.

Some also establish production companies to support other creators or develop their own apps and products.

The potential for passive income increases as the channel grows and content continues to generate revenue over time.

 

Podcast Host

Average Salary: $30,000 – $60,000 per year

Podcast Hosts create, produce, and deliver engaging audio content on a variety of topics to an online audience.

This role can be particularly lucrative when it comes to passive income, as episodes can continue to generate revenue through ads and sponsorships long after they are published.

This role is ideal for individuals who have a knack for storytelling, engaging conversation, and a desire to build a community around shared interests or expertise.

Job Duties:

• Creating Engaging Content: Develop episode ideas that are compelling, informative, and entertaining for listeners.
• Interviewing Guests: Conduct interviews with guests, providing listeners with unique insights and perspectives.
• Audio Production: Oversee the recording and editing process to ensure high-quality audio content.
• Marketing: Promote the podcast through various channels to increase listenership and attract potential sponsors.
• Monetization: Explore and implement revenue streams such as advertisements, sponsorships, and listener support platforms like Patreon.
• Community Engagement: Interact with the podcast’s audience through social media, email, or live events to build and maintain a loyal listener base.

 

Requirements:

• Content Creation Skills: Ability to create interesting and original content that resonates with listeners.
• Communication Skills: Excellent verbal communication skills, with the ability to engage an audience and articulate ideas clearly.
• Technical Savvy: Familiarity with audio recording and editing equipment and software.
• Marketing Knowledge: Understanding of promotional strategies to grow the podcast audience and brand.
• Networking: Ability to connect with potential guests and industry professionals to enhance the podcast’s reach and credibility.

 

Career Path and Growth:

As a Podcast Host, you can establish a strong brand and become an influential voice in your chosen niche.

With consistent effort and quality content, you can attract a larger audience and more lucrative sponsorship deals.

Over time, successful Podcast Hosts can scale their operations by hiring a team, expanding into a podcast network, or leveraging their platform to secure book deals, speaking engagements, and other business opportunities that provide additional passive income streams.

 

Stock Photographer

Average Salary: $30,000 – $60,000 per year

Stock Photographers create and sell high-quality images to stock photography websites, allowing for passive income as their work is downloaded and purchased by users globally.

This role is ideal for those with a keen eye for photography and a desire to earn income through their creative skills.

Job Duties:

• Photographing Diverse Subjects: Capture a wide range of subjects including lifestyle, nature, cityscapes, and abstract concepts to appeal to various clients.
• Editing and Retouching: Use photo editing software to enhance the visual appeal and commercial viability of photographs.
• Researching Trends: Stay current with visual and cultural trends to produce content that is likely to be in demand.
• Keywording and Cataloging: Tag and describe images accurately to improve their visibility and searchability on stock platforms.
• Uploading to Stock Websites: Regularly upload new content to multiple stock photography sites to maximize potential earnings.
• Maintaining Quality: Ensure that all submitted photographs meet the technical standards and quality requirements of stock photography platforms.

 

Requirements:

• Photographic Skills: Proficiency in photography techniques and composition, with the ability to produce high-quality images.
• Photo Editing: Skill in using photo editing software such as Adobe Photoshop or Lightroom.
• Understanding of Stock Industry: Knowledge of stock photography market trends and the types of images that sell well.
• Self-Motivation: The ability to work independently and consistently produce new content.
• Business Acumen: Understanding of licensing, copyright, and the financial aspects of selling photography online.

 

Career Path and Growth:

Stock photography allows photographers to build a portfolio that can generate passive income over time.

As photographers establish a reputation and a larger portfolio, their earnings can increase.

There is also the potential for photographers to specialize in niche areas of stock photography or expand into related fields such as commercial photography, photo editing, or photography education.

 

Royalties Receiver from Intellectual Property

Average Salary: Varies depending on the success of the intellectual property (IP) per year

Royalties Receivers earn passive income through the licensing of intellectual property, such as patents, copyrights, trademarks, or creative works like music, books, and software.

This role is ideal for individuals who have created or invested in intellectual property and wish to generate ongoing passive revenue.

Job Duties:

• Managing IP Portfolios: Oversee and manage your collection of intellectual properties to ensure they continue to generate revenue.
• Negotiating Licensing Agreements: Work with publishers, producers, and other entities to create favorable licensing agreements for the use of your IP.
• Monitoring Usage: Keep track of where and how your intellectual property is being used to ensure compliance with licensing terms.
• Enforcing IP Rights: Take action against unauthorized use of your intellectual property to protect your rights and revenue stream.
• Financial Tracking: Maintain accurate records of royalty payments received and forecast future earnings.
• Exploring New Opportunities: Look for new ways to monetize your IP, such as merchandising, adaptations, or new licensing markets.

 

Requirements:

• Ownership of Intellectual Property: Must own or have invested in intellectual property that can generate royalties.
• Understanding of IP Law: Knowledge of intellectual property rights and licensing is crucial to manage and protect your assets effectively.
• Negotiation Skills: Ability to negotiate and secure advantageous licensing deals.
• Attention to Detail: Must be diligent in monitoring the use of your IP and maintaining financial records.
• Financial Acumen: Understanding of how to manage and maximize passive income streams from royalties.

 

Career Path and Growth:

As a Royalties Receiver, your income potential can grow with the popularity and demand for your intellectual property.

Successful IP can lead to expanded licensing opportunities, international deals, and long-term financial benefits.

With strategic management and investment, you can build a robust portfolio that continues to yield passive income over time.

 

Dividend Growth Investor

Average Salary: Varies widely based on portfolio size and dividend yield (potential for significant passive income) per year

Dividend Growth Investors focus on building a portfolio of high-quality dividend-paying stocks that have the potential to increase their payouts over time.

This role is ideal for those who seek to generate a steady stream of passive income through disciplined investment in dividend-growing companies.

Job Duties:

• Researching Stocks: Identify and analyze companies with a track record of paying and increasing dividends, looking at factors such as financial health, industry position, and management quality.
• Portfolio Management: Construct and maintain a diversified portfolio of dividend-paying stocks, balancing income generation with risk management.
• Monitoring Performance: Regularly review portfolio holdings to ensure they continue to meet dividend growth criteria and performance expectations.
• Reinvesting Dividends: Opt to reinvest dividends to purchase additional shares of stock, thereby compounding growth and increasing future income potential.
• Staying Informed: Keep up to date with market trends, economic indicators, and changes in tax laws that could affect dividend income or investment strategy.
• Tax Planning: Understand the tax implications of dividend income and employ strategies to maximize after-tax returns.

 

Requirements:

• Financial Knowledge: Strong understanding of financial markets, investment strategies, and tax considerations related to dividend investing.
• Research Skills: Ability to perform in-depth analysis of companies and interpret financial statements and earnings reports.
• Patience and Discipline: Commitment to a long-term investment strategy, resisting the urge to react to short-term market fluctuations.
• Risk Management: Knowledge of how to manage and mitigate investment risks, including diversification and assessment of company-specific risks.
• Decision-Making: Confidence in making informed investment decisions based on thorough research and analysis.

 

Career Path and Growth:

As a Dividend Growth Investor, the primary goal is to build and sustain a portfolio that delivers increasing passive income over time.

With experience and a growing capital base, investors can achieve significant income levels, potentially reaching financial independence.

Skilled investors may also share their expertise by advising others, writing about dividend investing strategies, or managing funds.

 

E-commerce Store Owner

Average Salary: Typically commission-based with potential for substantial income depending on the scale of the business. per year

E-commerce Store Owners operate online stores that sell a variety of products or services.

This role can generate significant passive income once the store is established and running efficiently.

This role is ideal for those who are interested in digital marketing, sales, and the flexibility of managing a business online.

Job Duties:

• Website Management: Oversee the online store’s website, ensuring it is user-friendly, up-to-date, and secure.
• Product Sourcing and Inventory Management: Select products to sell, manage inventory levels, and ensure timely restocking of products.
• Order Fulfillment: Set up efficient processes for order processing, shipping, and handling returns or exchanges.
• Customer Service: Provide excellent customer service, responding to customer inquiries and resolving any issues that arise.
• Marketing and Promotion: Develop and execute digital marketing strategies to attract customers and drive sales, including SEO, email marketing, and social media campaigns.
• Market Analysis: Continuously analyze market trends to adjust strategies and stay competitive.

 

Requirements:

• Business Acumen: Strong understanding of online business models, e-commerce platforms, and digital marketing strategies.
• Technical Skills: Proficiency with e-commerce software, basic website maintenance, and online payment systems.
• Customer Focus: Commitment to providing a great shopping experience and excellent customer service.
• Marketing Skills: Knowledge of digital marketing techniques to attract and retain customers.
• Detail-Oriented: Ability to manage multiple aspects of the business, from inventory to customer inquiries, with precision and accuracy.

 

Career Path and Growth:

This role offers the opportunity to grow a business that can eventually run with minimal daily involvement, allowing for passive income generation.

With success, E-commerce Store Owners can expand their product lines, scale their operations, hire staff to manage day-to-day activities, or even start additional stores in other niches.

 

Blog Owner

Average Salary: Potentially unlimited, often $10,000 – $100,000+ per year

Blog owners create, manage, and monetize content on their websites.

They focus on a particular niche or a range of topics that attract a dedicated readership base.

This role is ideal for individuals seeking passive income through a platform that can be about any passion, including personal finance, lifestyle, technology, and more.

Job Duties:

• Content Creation: Write, edit, and publish engaging and informative blog posts that attract and retain an audience.
• SEO Optimization: Utilize search engine optimization strategies to increase the visibility and ranking of the blog on search engines.
• Monetization Strategies: Implement various revenue streams such as affiliate marketing, sponsored content, advertisements, and product sales.
• Engaging with Readers: Respond to comments and messages, creating a community around the blog and fostering reader loyalty.
• Marketing: Promote the blog through social media, email newsletters, and other marketing channels to drive traffic and increase readership.
• Analytics Review: Regularly analyze website data to understand reader behavior and preferences, and adapt content strategy accordingly.

 

Requirements:

• Technical Skills: Basic understanding of website management, including familiarity with content management systems (e.g., WordPress), hosting, and domain registration.
• Writing and Editing: Strong writing skills and the ability to produce content that is engaging, accurate, and tailored to the audience.
• SEO Knowledge: Understanding of SEO best practices to enhance the blog’s search engine ranking and visibility.
• Marketing: Knowledge of online marketing strategies and social media platforms to effectively promote the blog.
• Consistency: Commitment to regularly creating and updating content, even when passive income streams are established.

 

Career Path and Growth:

As a blog owner, you have the flexibility to scale your business to suit your lifestyle and income goals.

With dedication and strategic growth, blog owners can expand their reach, hire content creators, and potentially sell their blog for a significant profit.

Additionally, successful bloggers often branch into other areas such as book publishing, consulting, or launching e-commerce stores related to their niche.

 

YouTube Channel Creator

Average Salary: $30,000 – $150,000+ per year

YouTube Channel Creators produce and monetize content for YouTube, focusing on a wide range of topics from entertainment to educational material.

This role is ideal for creative individuals who enjoy crafting engaging video content and building a community of followers around their interests, such as film analysis, DIY projects, or even Star Wars lore.

Job Duties:

• Content Creation: Develop, film, and edit videos that appeal to your target audience, whether it’s tutorials, vlogs, reviews, or entertainment.
• Channel Management: Optimize your YouTube channel with regular posting schedules, SEO-friendly titles, descriptions, and tags to increase visibility.
• Community Engagement: Interact with your subscribers through comments, live streams, and social media to build a loyal following.
• Monetization Strategies: Implement monetization methods such as AdSense, sponsorships, merchandise, or memberships to generate passive income.
• Analytics Review: Analyze performance data to understand viewers’ preferences and adjust your content strategy accordingly.
• Market Research: Keep up with current trends and topics within your niche to create relevant and compelling content.

 

Requirements:

• Content Creation Skills: Proficiency in video production, including filming, editing, and post-production.
• SEO Knowledge: Understanding of YouTube’s search and recommendation algorithms to optimize content for better reach.
• Entrepreneurial Mindset: Ability to recognize and capitalize on opportunities to monetize your channel and grow your brand.
• Consistency: Dedication to maintaining a regular content posting schedule to keep the audience engaged.
• Adaptability: Willingness to adapt your content and strategy based on analytics and audience feedback.

 

Career Path and Growth:

As a YouTube Channel Creator, there’s significant potential for growth.

You can expand your brand into other platforms, collaborate with other creators or brands, and potentially secure deals that lead to more passive income streams.

With a successful channel, opportunities may arise for speaking engagements, consulting, or even starting your own related business.

The key to success in this role is consistently producing content that resonates with your audience and effectively leveraging your platform for multiple income streams.

 

Domain Investor

Average Salary: Variable (Potential for high returns depending on domain sales) per year

Domain Investors, also known as Domainers, purchase and manage portfolios of domain names with the intent to sell them for a profit.

This role is ideal for individuals interested in the digital landscape and looking for a form of passive income through strategic investment in web real estate.

Job Duties:

• Researching Domain Trends: Identify and invest in domain names with high potential for appreciation, based on current and emerging internet trends.
• Portfolio Management: Maintain a diverse portfolio of domain names, ensuring they are renewed on schedule and organized for potential sales.
• Negotiating Sales: Communicate with interested buyers to negotiate the sale of domain names at a profit.
• Monitoring Marketplaces: Keep an eye on domain auction sites and marketplaces to buy undervalued domains and sell domains at peak value.
• Developing Domains: Optionally enhance the value of certain domains by developing websites or creating content that generates traffic and revenue.
• Staying Informed: Stay up-to-date with the latest trends in SEO, online marketing, and branding to understand what makes a domain name valuable.

 

Requirements:

• Market Research Skills: Ability to analyze and predict market trends to make informed purchasing decisions.
• Negotiation Skills: Strong negotiation skills to buy low and sell high, maximizing the return on investment.
• Technical Savvy: Basic understanding of SEO, online marketing, and branding to gauge the value of domain names.
• Financial Management: Skillful management of investment funds and understanding of the domain aftermarket for strategic buying and selling.
• Patience: Willingness to hold onto domain names until they can be sold for an ideal price.

 

Career Path and Growth:

Domain investing can range from a part-time side hustle to a full-time career, depending on the success and scale of one’s portfolio.

With experience and a keen eye for valuable domain names, Domain Investors can significantly increase their earnings.

Some may choose to expand into related fields such as website flipping or start their domain brokerage services.

 

Billboard Advertising Space Owner

Average Income: Varies significantly (Dependent on location, billboard size, and demand)

Billboard Advertising Space Owners manage and lease out advertising spaces on billboards to businesses and advertisers.

This role is ideal for individuals seeking a passive income stream that can capitalize on high-traffic locations.

Job Duties:

• Leasing Advertising Space: Rent out billboard spaces to businesses or advertising agencies for the display of promotional materials.
• Maintenance of Billboards: Ensure that billboards are well-maintained and presentable for high-quality advertising.
• Client Acquisition: Attract new clients by promoting the visibility and advantages of billboard advertising.
• Negotiating Contracts: Establish terms and conditions for leasing billboard spaces, including duration and pricing.
• Monitoring Compliance: Check that advertising content meets legal and ethical standards.
• Market Analysis: Keep abreast of the advertising industry trends to maximize occupancy rates and profitability.

 

Requirements:

• Real Estate Acumen: Understanding of property management and the advertising space market.
• Networking Skills: Ability to connect with business owners, advertising agencies, and other potential clients.
• Marketing Knowledge: Insight into effective advertising strategies and the ability to convey the benefits of billboard advertising.
• Negotiation Skills: Competence in negotiating contracts that are beneficial for both the owner and the advertiser.
• Attention to Detail: Ensuring that all aspects of the billboard advertising, from maintenance to client satisfaction, are meticulously managed.

 

Revenue Potential and Growth:

Owning billboard advertising space can be a lucrative passive income source, especially when strategically located in high-traffic areas.

Owners can scale their business by acquiring more billboards, incorporating digital technology, and offering dynamic pricing based on demand.

As urbanization expands and advertising needs evolve, the potential for growth in this field remains strong.

 

ATM Machine Owner

Average Income: Varies widely; potential for $300 – $1,000 per month per ATM

ATM Machine Owners operate and maintain automated teller machines, offering convenient cash withdrawal services to the public.

This role is ideal for individuals seeking a passive income stream with minimal ongoing effort once the initial setup is complete.

Job Duties:

• Installation and Maintenance: Set up ATM machines in strategic locations and ensure their regular maintenance and servicing.
• Cash Loading: Replenish the machines with cash as needed, keeping track of withdrawal rates and peak usage times.
• Transaction Monitoring: Monitor transaction activities for consistency and security, addressing any discrepancies or technical issues promptly.
• Compliance and Security: Ensure all operations adhere to banking and financial regulations, maintaining high standards of security to prevent fraud and theft.
• Customer Service: Provide assistance to users when required, managing any disputes or technical problems that may arise.
• Business Development: Seek out new locations for ATM deployment and negotiate contracts with property owners or managers.

 

Requirements:

• Initial Investment: Sufficient capital to purchase or lease ATM machines and for the initial stocking of cash.
• Technical Knowledge: Basic understanding of how ATM machines function and the ability to perform minor repairs or troubleshoot issues.
• Financial Acumen: Skills in managing finances, including cash flow and transaction reconciliation.
• Security Awareness: Knowledge of security measures to prevent fraud and safeguard the machines against unauthorized access.
• Networking: Ability to establish relationships with venue owners and negotiate profitable placements for the ATM machines.

 

Income Potential and Growth:

Owning ATM machines can be a lucrative source of passive income.

Revenue is generated from transaction fees charged to users.

By strategically placing ATMs in high-traffic areas, owners can increase their earnings potential.

As owners expand their network of machines and optimize their locations, there is significant potential for growth.

Successful ATM Machine Owners may even consider establishing a full-service ATM management company, providing services such as cash loading, maintenance, and security for other machine owners.

 

Royalty Earner from Intellectual Property

Average Salary: Varies greatly (Income depends on the success and licensing of the intellectual property) per year

Royalty Earners from Intellectual Property receive ongoing payments for the use of their creative works, such as books, music, patents, or software.

This role is perfect for those who possess a creative spirit and wish to earn a passive income from their original ideas and creations.

Job Duties:

• Creating Intellectual Property: Develop original content or inventions that have the potential to generate interest and usage over time.
• Negotiating Licensing Agreements: Work with agents or legal professionals to establish contracts that allow others to use your intellectual property in exchange for royalty payments.
• Monitoring Usage: Keep track of how and where your intellectual property is being used to ensure compliance with licensing agreements.
• Financial Management: Oversee the financial aspects of royalties, including invoicing, collecting payments, and managing taxes.
• Marketing: Promote your intellectual property to increase its visibility and the potential for more licensing opportunities.
• Protecting Intellectual Property: Ensure that your intellectual property rights are protected by law and take action against unauthorized use.

 

Requirements:

• Creative Output: A portfolio or record of creating original work that has the potential to generate interest and revenue.
• Understanding of Intellectual Property Law: Knowledge of the legal aspects of intellectual property rights and licensing.
• Negotiation Skills: Ability to negotiate favorable terms for licensing agreements.
• Financial Acumen: Understanding of how to manage and track royalty payments and related financial matters.
• Marketing Skills: Competence in promoting your work to increase its marketability and revenue potential.
• Networking: Building relationships with publishers, distributors, or other entities that can help in licensing your intellectual property.

 

Career Path and Growth:

A Royalty Earner from Intellectual Property can enjoy a steady stream of income from a single successful work or build a diverse portfolio of creations that each contribute to their earnings.

With strategic management and marketing, they can increase the visibility and demand for their intellectual property, leading to more lucrative licensing deals and higher royalty payments.

Experienced creators might also move into consultancy, helping others to monetize their intellectual property effectively.

 

Conclusion

And there we go.

A comprehensive list of the most extraordinary jobs for passive income.

With such a vast array of opportunities, there’s something suitable for everyone seeking a steady income stream.

Don’t hesitate to chase your aspirations of earning passively.

Remember: It’s NEVER too late to turn your funds into a steady flow of passive income.

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