What if you could wake up whenever you wanted and still make money? Most of us were taught that the only way to earn is to work, but there’s actually another way – you can make money work for you. I’m going to share five ways to create passive income that don’t take a lot of cash or any special skills, and you can kick things off with only $1,000! We’ll cover dividend stocks, bonds, REITs, and more, so you can start building your financial freedom, one passive dollar at a time. Let’s jump into it and get that passive income flowing!
TIMESTAMPS
00:00:00 – Intro
00:00:33 – Dividend Stocks
00:04:35 – Dividend Index Funds
00:09:04 – Bonds
00:12:36 – REITs
00:15:34 – High Yield Saving Accounts
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***THINGS MENTIONED IN THIS VIDEO! 👀***
💫 Financial Freedom Starter Kit
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***BOOKS I RECOMMEND 📚***
I Will Teach You to Be Rich (hilarious how-to book on personal finance for millennials)
The Little Book of Common Sense Investing (Jack Bogle’s classic advice on index funds)
InvestED (step-by-step, millennial-friendly advice on how to pick stocks like Warren Buffett)
Unshakeable (this book = courage. blast ALL the fears & misconceptions you have about investing)
Rich Dad Poor Dad (#1 selling personal finance book of all time… need I say more?)
Think and Grow Rich (the ultimate book on money mindset and wealth consciousness)
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***MY FAVORITE MONEY TOOLS 🖤***
YNAB (I literally can’t live without this budgeting app, so obsessed)
Wise (like Venmo but for international currencies – I use this app a LOT for my life in Mexico)
High-Yield Savings Accounts (don’t settle for 0% when you can get 3%+ on your savings)
Ledger Nano S (crypto storage hardware wallet, because “Not Your Keys, Not Your Crypto”!):
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DISCLAIMERS & DISCLOSURES ❤
This content is for education and entertainment purposes only. Rose does not provide tax or investment advice. The information is being presented without consideration of the investment objectives, risk tolerance, or financial circumstances of any specific investor and might not be suitable for all investors. Past performance is not indicative of future results. All investing involves risk, including the possible loss of principal.
This description contains affiliate links that allow you to find the items mentioned in this video and support the channel at no cost to you. Investing With Rose is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to www.amazon.com. Thank you for your support!
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@itsrosehan is my social media handle on all platforms. I will NEVER message or email you about investment schemes, so please be careful and block & report any scammers posing as me.
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@pn4640
To get even 1000 a month in dividends one need to have at lease $50K invested.