How can you invest money online and earn daily?
Invest money in dividend stocks, websites, reselling products, covered call ETFs, REITs, and businesses to earn money online daily. The more streams of income you can build, the easier it will be to earn money online.
Luckily for you, I’m going to show you how to invest money online and earn daily. All you need to do is pick a few different strategies and stay consistent. Income streams start small, but can build up to a full-time income source.
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How to invest money online and earn daily
You can invest money online through side hustles, dividend stocks, REITS, ETFs, digital courses, and websites. Some investments require active effort on your part, while others are passive investments. Find the right balance of active and passive income that meets your investment strategy.
For example, you might start a side hustle which brings in a couple thousand dollars. The side hustle is an active form of income that you have to work for. Take that money and invest it into something passive, like dividend stocks or REITs.
Over time, your investments continue to make you more and more money. The more you have invested, the more you could potentially make.Click to Tweet! Please Share!Click To Tweet
Dividend stocks allow you to invest in companies and receive a cash payment for being a shareholder. These cash payments are paid to you as a share in the profits.
For example, you might come across a company who’s currently paying a 8% dividend yield. You research the company and believe the company is a good investment. For every $1,000 you invest, you’ll earn $80 in dividend income.
However, companies can increase dividend payments, which are evaluated regularly. Therefore, your dividend income might increase from $80 to $82. Every year your dividend income might increase because of your initial investment.
Additionally, the share price of the stock might increase. You might have purchased the dividend stock for $100 per share, but a year later it might be worth $110.
Vending machine business
You can purchase vending machines online and create an income stream selling snacks or beverages. Vending machines are not an online business, but you can buy machines, products, and find vending locations from the internet.
Each machine should be able to net you a profit of $100 per month. Therefore, you only need around 10 machines to start making $1,000 per month.
Passive income websites
Passive income websites are good for anyone with technical knowledge on how websites work. You can learn everything you need to know from YouTube if you’re unsure. However, passive income websites can earn you money every day with little upkeep.
A website should be able to earn you $1,000 per month for every 30,000 pageviews. Therefore, you only need a website bringing in 90k monthly pageviews to earn a $36k per year income.
The easiest way to earn money from your first website is through display ad revenue. Your website earns money daily whenever your visitors see an ad.
Most individuals should build their first passive income website. You need to learn how to build a blog before you invest any money. Most blogs can be started for little investment, which is good for new investors.
You can then buy existing websites on websites like Flippa.com. For example, you can find a website earning $1k per month through ads, selling for $20k.
Amazon or eBay selling
You can buy products and resell them on Amazon or eBay for profit. Online arbitrage is the process of finding products online which you can sell elsewhere for profit. Online arbitrage can be time consuming, but very profitable.
For example, you might search TJ Maxx online store and find a pair of shoes you’d be interested in selling. You might be able to buy the shoes for $20 and resell them on Amazon for $35.
Amazon and eBay will take a fee for listing the product or other services. However, Fulfillment by Amazon let’s you store products in Amazon’s warehouses and ships them for you. Paying the fees for Amazon FBA is worth it because it can streamline your business.
You might be wondering if online arbitrage is worth it because you’re only pocketing $15 in the example. However, the store might have multiples of the item in stock.
So you’ve found an item which profits you $15, but they have 10 available for you to buy. Now, you’re not making $15, but $150 when all the items sell.
Covered call ETFs
Covered call exchange traded funds are built for income investors. Essentially, you’re investing in a fund where the fund manager is selling options. ETFs like QYLD, XYLD, and RYLD pay a monthly dividend and have a dividend yield around 10-12%.
So let’s assume you put $10,000 into a 10% yield covered call ETF. Every year you are receiving $1,000 in returns and getting $83 returned to you every month.
Real Estate Investment Trusts
Real Estate Investment Trusts (REITs) are similar to dividend stocks, but they invest in Real Estate. A lot of Real Estate investment trusts pay monthly dividends, which is perfect for income investors.
Digital course sales
You can also start a digital course sales business which can make you money daily. Your goal is to create the best courses available and find people to sell them for you. A digital course business can be built or you can buy everything you need to get started.
For example, you might do research and determine you’re going to do a weight loss course. You’ll need to make the product, host the product, and get people to promote it.
You can find a freelancer online to build the course for you. You’ll need to set up some guidelines for the freelancer to follow. After an appropriate amount of time, the freelancer sends you the course and all you have to do is pay them.
Next, you’ll need to host the product somewhere where people can download and pay for it. There are plenty of websites like Gumroad or Teachable that can host your product for you.
Finally, hire a virtual assistant to collect contact information on influencers in the health niche. Once you have a sizable list, have your VA contact the influencers to see if they’d be willing to promote your product for a commission.
Acorns is an investing app which rounds your purchases up to the nearest dollar. The difference is then invested for you.
For example, you buy a soda for $1.25. Acorns would round the purchase to $2 and invest $0.75 into the stock market. You’re investing money without even thinking about it!Click to Tweet! Please Share!Click To Tweet
Summary: How to invest money online and earn daily
As you can see, there are many ways to invest money online and earn money daily. Some investments are more passive than others. However, investments that require you to work can be more profitable than passive investments.
Some of the best investments include dividend stocks, vending machines, websites, digital course sales, online arbitrage, covered calls, and REITs.