You don’t have to invest individually to take advantage of dividend paying stocks (i.e. investing in an ETF like DVY, which currently has a 3.16% dividend yield – almost 4%). And while your math is indeed correct, there is more to dividend paying stocks that just the math. The reason the companies pay dividends is typically because of their underlying strength, steady growth, etc. These companies can be good investments for the long run. As such, it might not make sense to sell.

passive income jobs

Holly Johnson, a professional freelance writer who earns over $200,000 per year creating online content, is another successful entrepreneur who is doing well with course sales. Johnson launched her Earn More Writing freelance writing course in 2017 and has sold over 700 courses for $199 each since then. In January of 2019, she also launched a “Pro” version of her course that retails for $349. She sold 40 on the first day.

How can I avoid paying tax on my salary?

I used to be wary of Ebates (now called Rakuten) because I thought the cashback didn’t amount to much, but now I love it.  I’m converted!  To earn money through, all you have to do is sign in and then look for your online retailer and shop through the portal.  Then you get cash back in a few days (it says on the website).

How much money do you need to make passive income?