Any suggestions on side hustle ideas I can invest in that can generate a small passive income that I can scale?

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  • #89602 Reply
    Robert

      I have about 60,000 I can invest right now.

      #89603 Reply
      David

        The $60,000 is ok if you have even more you could venture into few passive incomes.

        #89604 Reply
        Allison

          The word hustle and passive rarely coexist together.

          #89605 Reply
          Smitty

            Buy assets that will create generational wealth. Sfh or larger asset like apartment.

            #89606 Reply
            Corey

              Just get a second full time job. That’s what I do. I work 2 full time jobs, about 103 hours a week with overtime. I dont even see the money from the second job… it goes directly to stocks. I’m off on Sundays, so I do doordash then.

              I also run an eBay store through the week.

              #89607 Reply
              Mary

                Closest you will get to passive income is use it was a down payment on a rental property and hire a (good, honest) property manager.

                #89608 Reply
                Tamara

                  Have you considered opening a brokerage account and putting your savings into a money market fund? You could be getting between 5.2 and 5.3% for your “safe” liquid money.

                  #89609 Reply
                  Pishishi

                    I started buying some yield max funds like TSLY and NVDY and the distributions/dividends are a nice passive income. They’re fairly new so I wouldn’t put a whole lot of money into them. Try it first and see if you like it.

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                  Reply To: Any suggestions on side hustle ideas I can invest in that can generate a small passive income that I can scale?
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