What is the easiest passive stream of income to set up?
- 2 years ago
Here's my answer to a question from Quora
Below is the transcript of the above video. For a better learning experience, kindly watch the above video.
Good Question!
The easiest passive stream of income to setup is buying bonds. This is assuming you already have some capital to just simply purchase bonds. However, government bonds and public company bonds the returns are so low that after factoring in inflation they usually don’t make sense. A lot better is corporate income bonds offered by privately held companies.
If you don’t have any capital and are trying to determine how to obtain passive streams of income then you need to find an experienced mentor and ask them to help you. If you do this, you should understand that the mentor’s time is valuable and you should bring something to the table in exchange for helping to educate you on how to develop the easiest passive income stream (e.g., working for free or money). However, to be kind, I will give you a golden nugget.
You should not create income unless you want to work hard for a long time. Far easier is to buy someone else’s passive income stream.
You need to learn how to structure the deals where you find a good reliable stream of passive income and make an offer to purchase it then you repackage it and secure funding from an institutional lender or alternatively accredited investor partners.
I hope that helps and good luck with your investing!
Benjamin Z Miller
ww.benjaminzmiller.com
Below is the transcript of the above video. For a better learning experience, kindly watch the above video.
Good Question!
The easiest passive stream of income to setup is buying bonds. This is assuming you already have some capital to just simply purchase bonds. However, government bonds and public company bonds the returns are so low that after factoring in inflation they usually don’t make sense. A lot better is corporate income bonds offered by privately held companies.
If you don’t have any capital and are trying to determine how to obtain passive streams of income then you need to find an experienced mentor and ask them to help you. If you do this, you should understand that the mentor’s time is valuable and you should bring something to the table in exchange for helping to educate you on how to develop the easiest passive income stream (e.g., working for free or money). However, to be kind, I will give you a golden nugget.
You should not create income unless you want to work hard for a long time. Far easier is to buy someone else’s passive income stream.
You need to learn how to structure the deals where you find a good reliable stream of passive income and make an offer to purchase it then you repackage it and secure funding from an institutional lender or alternatively accredited investor partners.
I hope that helps and good luck with your investing!
Benjamin Z Miller
ww.benjaminzmiller.com