Warren Buffett famously said "If you don't find a way to make money while you sleep, you will work until you die." I understand that investing isn't for everyone and it can even be stressful for people to get started. There are many different ways to invest and it may seem overwhelming to even get started. Hence, I have decided to share some passive investing ideas. They are different ideas that can get you started investing in three different asset classes. What they have in common is that you set it and forget it. It means you use 5-10 minutes to set it up and you pretty much forget about it.
Many people want to get started in stock investing but find it overwhelming to get started. Some people might also find it difficult to understand when a stock is cheap and when it is expensive, when to buy and when to sell. Luckily, with today's technology it is possible to copytrade. It simply means that you are copying what someone else is doing, and it is much simpler than you think. You can read my guide about it here.
Some people do not like the volatility that comes with buying stocks. Instead, they prefer less volatility and a more steady return on their investment. Hence, they should consider crowdlending. Crowdlending means that you buy a share of a loan and get the interest. The interests get invested in new loans and that is how your initial investment will grow over time. It might sound complicated but it really isn't. No investment is risk free but I have a strategy that significantly lower your risk. You find my guide here.
Finally, we have the people that like more volatility and invest in crypto. Some people trade crypto daily, while others prefer to hold for years. If you are one of the people that believes in crypto for the long-term and want to hold it for years, you can get daily interest on your crypto, and it is much easier than you think. Even better is that they are paid daily, so they compound faster. Even if you are not that much into crypto, you can still make a fast 25 % return on your investment, if you are willing to invest $100. You can read how to get daily interest on your crypto and how to make a fast 25 % return on $100 here.
Once you have done one or all of the suggestions above. You will start earning money while you sleep.