8 Passive Income Ideas (HOW I MAKE $58K/MONTH)
The 8 passive income streams I currently have and you should consider building too! All of these income streams took me less than two years and there's no reason why you can't do the same!
TIMESTAMPS
0:00 - Intro
0:31 - Dividends
3:21 - Interest
5:17 - Options Trading
6:40 - KZread
9:08 - Affiliate Marketing
11:16 - Online Courses
13:40 - Rental Properties
16:25 - Camper Rentals
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**THINGS MENTIONED IN THIS VIDEO! 👀**
💫 Mutual Funds Vs Index Funds Video: • Index Funds vs Mutual ...
💫 Options Trading For Beginners Playlist: • 📈 Options Trading For ...
💫 The Stock Screener: finviz.com/
💫 Learn More About I-Bonds: www.treasurydirect.gov/saving...
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**BOOKS I RECOMMEND 📚**
I Will Teach You to Be Rich (hilarious how-to book on personal finance for millennials)
amzn.to/2VbJ1Pt
The Little Book of Common Sense Investing (Jack Bogle's classic advice on index funds)
amzn.to/32ewzjj
InvestED (step-by-step, millennial-friendly advice on how to pick stocks like Warren Buffett)
amzn.to/2SLTYpn
Unshakeable (this book = courage. blast ALL the fears & misconceptions you have about investing)
amzn.to/2SKyklt
Rich Dad Poor Dad (#1 selling personal finance book of all time... need I say more?)
amzn.to/2SJ6vtx
Think and Grow Rich (the ultimate book on money mindset and wealth consciousness)
amzn.to/37N2adc
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**MY FAVORITE MONEY TOOLS 🖤**
YNAB (I literally can't live without this budgeting app, so obsessed)
www.youneedabudget.com/?ref=Y...
Wise (like Venmo but for international currencies - I use this app a LOT for my life in Mexico)
wise.prf.hn/l/413jE0q
Ledger Nano S (crypto storage hardware wallet, because "Not Your Keys, Not Your Crypto"!):
amzn.to/3Ne37jy
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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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SAY HI ON SOCIAL! 👋🏼
Website: www.rosehan.com
Instagram: / itsrosehan
TikTok: / itsrosehan
Pinterest: / itsrosehan
Пікірлер: 535
Let me know which one of these passive income ideas you want to start building today! 👇🏼
@ms.london3168
Жыл бұрын
I wanna up my dividends I’m getting cents on my investments although it’s reinvested
@hochokrazy
Жыл бұрын
Investing in Real estate!
@im-killian
Жыл бұрын
Online courses makes pretty much 80% of your passive income, but its possible because of your KZread following. Well done though. This is amazing :)
@patri_mb
Жыл бұрын
Great video Rose! Looking forward to your RE rentals!
@gregprice7714
Жыл бұрын
Dividends
1, dividends 2, interests 3, options trading 4, KZread 5, affiliate marketing 6, online courses 7, rental property 8, camper rentals
@workertotraderjourney9007
9 ай бұрын
Stocks and share trading buy low sell high on those big blue chips is my choice
@dspychalski
4 ай бұрын
Rose…remember last year when we got scammed by people impersonating you? As you know, we are an older couple, and we got scammed out of our entire their life savings. What I don’t get is, Rose, you KNEW it was going on and did nothing. It was a very elaborate con, so we put it all on rosehanscam for all to see- It’s very sad that you didn’t do a thing to protect us all. Why didn’t you take responsibility? Rose…why? You were kind at first, but then you got defensive once you saw that it was truly your fault for not letting everyone know…and then you ghosted us. @@workertotraderjourney9007
@user-kd3ou7dg8c
Ай бұрын
@@workertotraderjourney9007Can you teach me how? I’m tired of my life
@dovid-19
Ай бұрын
Thanks for saving me 20 minutes
Finance and Business books have been so helpful. I’m 55 and my wife 50 we are both retired with over $3 million in net worth and no debts. Currently living smart and frugal with our money. No longer putting blames on FED for our misfortunes. Saving and investing lifestyle in the stock market made it possible for us this early, even till now we earn weekly.
@Lemariecooper
10 ай бұрын
You have done great for yourselves. I understand the fact that tomorrow isn't promised to anyone, but investing today is a hard thing to do for me now because I have no idea of how and where to invest in. I would be happy if you could advise me based on how you went about yours, as I am ready to go the passive income path.
@Erikkurilla01
10 ай бұрын
That is so amazing, I’m trying to get onto the housing ladder at 40. I wish at 55 I will be testifying to similar success.
@Erikkurilla01
10 ай бұрын
Heard many good recommendations about Stephanie Kopp Meeks by some YT channels, Seminars and other platforms
@Lemariecooper
10 ай бұрын
Thanks so much I was able to find her page and I already leave her a message.
@christynelynn4966
10 ай бұрын
What books i am looking to learn and grow for my retirement and have a massive savings amount.
The most important thing that should be on everyone mind currently should be to invest in different sources of income that doesn't depend on the government. Especially with the current economic crisis around the word. This is still a good time to invest in various stocks, Gold, silver and digital currencies.
@IrenaDolinsek
10 ай бұрын
The key to big returns is not big moving stocks. It's managing risk in relationship to reward. Having the correct size on and turning your edge as many times as necessary to reach your goal. That holds true from long term investing to day trading.
@AstaKristjan
10 ай бұрын
@@IrenaDolinsek Even with the right technique and assets some investors would still make more than others, as an investor, you should’ve known that by now, nothing beats experience and that’s final, personally I had to reach out to a market analyst for guidance which is how I was able to grow my account close to a million, withdraw my profit right before the correction and now I’m buying again.
@simonbad
10 ай бұрын
@@AstaKristjan Fantastic! can u share more details?
@AstaKristjan
10 ай бұрын
@@simonbad The coach I use is actually quite known, Avery Barnes Whidden, she has a wide presence on the web, so you can just search her.
@simonbad
10 ай бұрын
@@AstaKristjan She really seem to know her stuff. I found her online-page, read through her resume, educational background, qualifications and it was really impressive. She is a fiduciary who will act in my best interest. So, I booked a session with her.
This is quite educational. It's crucial for newcomers to keep in mind that the financial markets are highly irrational in the short run. You should constantly be ready for the unexpected. That is how chance operates. Because of the inherent risks in the market, I always favor long-term investments.
@empressjane-zv4gq
5 ай бұрын
These uncertainties will always be there. Thing is, every once in a while, the market does something so stupid it takes your breath away. If you’re not ready for it, you shouldn’t be in the market business. or get you a skilled practitioner.
@Philippayne-sk3tj
5 ай бұрын
I agree, reason I have all my invt-decisions ran through a coach on a daily-basis, it’s been 3years and counting and I’ve grown over $2million in gains, my coach's-analysis so far has steered me off losses and troubled waters and guided me make the most off major-breakthroughs in the mrkt, and esp. in this downtrend, her safe haven asset- trading, short-selling, ETF shorting skill-set are very essential..
@RosesKate-dl9fp
5 ай бұрын
I've been thinking of going that route, been holding a bunch of stocks that keeps tanking and I don't know if to keep holding or just dump them, think you coach could aid me with portfolio-restructuring?
@Philippayne-sk3tj
5 ай бұрын
I encountered Pamela Kay Regel through a CNBC interview, and I look her up. She is guiding me. Since then, she has given me chances to buy and sell the stocks in which I'm interested. You can hunt her up online if you require care supervision.
@RosesKate-dl9fp
5 ай бұрын
Insightful... I was curious after reading what you shared, so I Googled her name. I came across her webpage.
I've come to realize that money is a tool. I’ve worked so hard over the years to realize that if you don’t make money work for you, you can’t experience true freedom. fully retired with over $3.5million, my dividends is supplementing my retirement at the moment. started saving and investing in 2010 in growth, No regrets and financially free
@Lemariecooper
5 ай бұрын
You're really doing well for yourself, my retirement plans are going down the drain, I've tried investing in the stock market several times but always got discouraged by fluctuations of stock value
@Erikkurilla01
5 ай бұрын
Will recommend you speak with *Jenny Pamogas Canaya,* she will assist you
@jessicasquire
5 ай бұрын
thanks for sharing, hope to speak with her soon. I've known I've wanted to start investing for a few months but just haven't been brave enough to start due to the market so far this year. but its hard to bite the bullet and do it
@patrickbrussels4454
5 ай бұрын
I recently had the pleasure of watching * Jenny Pamogas Canaya* on television, and I must say she is an exceptional speaker. However, I'm curious to know if you have experienced any financial gains while working with her?
@503945158
5 ай бұрын
@@Lemariecooperyou understand this is scam right? Unless you are hand in glove with the scammer.
Great stuff Rose! Dividends are amazing...especially the qualified ones! Yes...always want cash in an interest bearing account. You are the one that got me into options trading and I can't thank you enough. Primarily sell put options with a strike price below the market price hoping for them to go OTM (out of the money) so I keep the premium. If I get assigned, no biggie because I'll happily own 100 shares of the respective stock/fund. REALLY want to be a KZread creator, get into Affiliate Marketing along with producing/selling Online Courses. One day *crossing fingers*. :)
Thank you so much Rose for changing my life! I came across your channel after being at such a low point financially, and I have been rewatching your videos on repeat. I have them playing as if they were a podcast everywhere I go. Your story is so inspiring and keep doing what you are doing!
My spouse and I are adding a variety of stocks/ETF to my present holdings for the long term, We've set aside $250k to start following inflation-indexed bonds and stocks of companies with solid cash flows, I believe it is a good time to capitalize on the market for long-term gains, but it wouldn't hurt to know means of actualizing short term profit.
@codeblue11
6 ай бұрын
The current market might give opportunities to maximize profit within a short term, but in order to execute such strategy , you must be a skilled practitioner.
@geraldt331
6 ай бұрын
I agree, I've been in constant touch with a Financial Analyst for approximately 8 months. You know, these days it's really easy to buy into trending stocks, but the task is determining when to sell or keep. That's where my manager comes in, to help me with entry and exit points in the industries I'm engaged in. Can’t say I regret it, I’m 40% up in profits just in 5months with my initial capital of $160k
@lucaswilliams9992
6 ай бұрын
Please can you leave the info of your lnvestment advsor here? I’m in dire need for one.
@geraldt331
6 ай бұрын
credits to LEILA SIMOES PINTO, one of the best portfolio manager;s out there. she;s well known, you should look her up
@brianwhitehawker1756
6 ай бұрын
Thank you for this Pointer. It was easy to find your handler, She seems very proficient and flexible. I booked a call session with her.
It's been about a year since I've been to this channel. Glad to come back and see Rose absolutely KILLING IT with almost 700,000 subs ! Mind-blowing...... and well-deserved for such a nice young gal with great content.
@thapelonelsonntlhabo5998
Жыл бұрын
🙌.
Just found your channel. I started with an HSA video where you admitted that a year ago you thought that an HSA was just another checking account ... so I listened to the rest of the that video with a grain of salt. But then I watched this video and I have a whole different impression of you. I have to say, this is a TERRIFIC bird's eye view of passive income streams. You say a few "golden nugget" comments that make me think and believe that these things are within my grasp. Your videos are 100% authentic and truly inspiring. Thank you.
A very enlightening talk. Basically your home run to a substantial monthly income is the digital courseware sales. Then KZread revenue and real estate rentals a distant second. The rest being small outliers. Thank you for sharing.
Rose again delivers an excellent informative production which sums up so many ideas for people to make money. There's something here for everyone.
Ahhh I'm genuinely happy for you Rose :) Found your channel in 2020, and you've grown so much since then!
@itsrosehan
Жыл бұрын
Thank you for following my journey 💫💕
Thanks for sharing awesome tips. I started my path to reinventing myself a year ago, I'm now living healthier, confident, stronger, making 6 figures, having leisure to enjoy family & friends. I feel happier and living my life for myself. This is to encourage someone "you can start anytime to have a reset it's worth it! I'm striving to continue growing cus it's a journey.
Yes, looking forward to hearing about your rental properties!
I’m so thrilled that you started talking about real estate and excited to hear more about rental properties! I will be looking out for that! Thank you so much Rose!
I really appreciate your transparency in sharing actual numbers!❤
@thapelonelsonntlhabo5998
Жыл бұрын
🙌.
Hi Rose, I started watching you back in 2019 and bought FSKAX stocks (in 2020) back in the day! I have learned so much from you and hope that life is treating you well. We will take any video update; from money, to what life is like in Mexico/home, and your festival videos! Everything you put out I thoroughly enjoy watching. Thank you for sharing your knowledge and life updates.
@itsrosehan
Жыл бұрын
That means the world to me, thank you for following my journey 💕💕
@thapelonelsonntlhabo5998
Жыл бұрын
🙌.
@jessicagomez4544
Жыл бұрын
@@itsrosehan 😮
Welcome back Rose, I hope you are enjoying your new place. I found this video very insightful and inspiring, thank you
Thanks for this Rose. Needed this push and encouragement.
Rose you have been such an inspiration to me and you have taught me so much!
Hi Rose, this is my first post ever!! I really like the online course idea that you shared. Dividend investing seems to be better when you have a big amount of money that is growing. Also, I plan to take your options course! Go, Rose, go!!!
Such an Authentic Video. No drama , no quotation from Motivational Books ...Wooow , you got just got a new subscriber 😊
Just found your channel yesterday and I love it so much already. I'm a self made man. I have a net worth of around 300k with half of that in cash. I am debt free and totally own my home. I have a few passive income streams but I've been pondering on how can I generate more passive income and how can all these thousands of dollars I have accumulated generate even more money? Your videos are really giving me great ideas! I subscribed! Thank you!!!
i'm usually not one to comment on youtube videos, but wanted to say thank you for creating the content you do! :) i'm 22, just started my first full-time in july 2022, and i grew up low-income. just 2 years ago, i remember being asked during a workshop with one of my favorite professors, what one of my goals were in this lifetime. i told her it was to one day make 6 figures, and i'm now realizing how small that goal was. i didn't realize i'd be in the position to easily obtainable it so soon. growing up, i felt like 6 figures was the ultimate goal, and now i'm realizing it's very likely I'll reach the goal within the next few years (way quicker than what my younger self thought), and now i'm looking for other ways to make passive income, in addition to my 9-5! this is a great start for me, thank you for teaching me about opportunities i wouldn't have otherwise known or thought of myself!
@itsrosehan
Жыл бұрын
love that you're starting so young! 6 figures is still a big worthwhile goal... for a long time my goal was just to get to zero (when i was in debt). just know that once you reach that, the sky is the limit!
The camper rentals is a great idea. Thank you!
Love your content Rose ☺️
Congratulations! Hugely admire what you've accomplished!
thanks so much for the tips! Quick and concise delivery 👏
Rose delivers with good advice.
Thank you, Rose. I'm currently collecting dividends from stocks, P2P lending and will soon put some property for rent. I also use the Everest Formula tool with which I have put up quite a bit of money over the past few years with little effort, even if it can't be defined as passive income. Keep up the good work!
@rajvo7406
Жыл бұрын
Everest Formula, eh?
@giacomobellandi1757
Жыл бұрын
Very interesting. Thank you.
I had watched pretty much all your videos so inspiring. I'd opened a Roth IRA with Fidelity and find a way to park my money in a high interest checking because of your videos. Thank you, wish you come out more videos like you used to.
Amazing video! Thank you so much for the great content!! I have finally started looking into options more closely thanks to your videos! One question I always have is whether the short-term capital gains taxes on certain options trades still makes it worth it. Are tax implications covered in your options trading course? Any suggestions on where to learn more about that? Thanks!
@itsrosehan
Жыл бұрын
Great that you’re looking more into it with my videos! 🙂 Options trading income is taxable just like regular paycheck income since it’s short term. There’s not much else to it, it’s just like being self-employed and having to set aside a portion from whatever you get paid!
Rose, you are great! Thanks for the content lady! I'm already doing 3 of the income streams you talked about. 😊 The affiliate marketing idea sounds interesting 🤔
@itsrosehan
Жыл бұрын
That’s great you already have 3!
Thank you, respect the honesty and spirit of sharing you've there, so inspiring for me, need to learn a lot!
Great ideas Rose. You are awesome.
So freaking inspiring, love you Rose!!!
Rose I'm so happy I found your channel. You are a wealth of knowledge and you're absolutely right you have to get out of your comfort zone to make some money and I think that KZread is a fabulous thank you but you also brought up some great ideas with stocks, thank you
Love the different ideas. 💡 Camper RV Rental caught my attention
Thank you so much for sharing this information!
Love your energy and enthusiasm.
This is Gold information! Thank you!
Great video! Love seeing some different ways to make passive income. :)
Bless you for taking the time to help others!
You're just AMAZING Rose! Thank you so much!❤
As always, such a detailed and informative video. Thanks for sharing.
Thank you for great and honest content!
Thanks you for the ideas and effort put in this video Rose!!
Thank you Rose! you out here doing God's work 👏 much love
It boils down to, you have to have money to make money. You have to have a luck and good influence. There is a huge difference between starting as a kid (your parents creating your wealth), parents teaching you valuable lessons, starting late with almost nothing because you lack financial education.
@rubiirae
9 ай бұрын
Thanks to social media you can learn all kinds of things online nowadays, virtually free. Having a rough upbringing should never be an excuse. I grew up on food stamps and my parents had zero finance management skills, but I'm still doing very well financially because I studied very hard in school and work super hard to get to where I'm at with my career.
@alisonf6478
8 ай бұрын
I’d research the concept of compound interest. Depending on your age (thus how long you let the interest compound), you can easily make “passive income” from not so much money. I bet everyone reading this could invest 5.00/month, for example. One can also literally make money appear, if you choose to do so. At first it might be coins on the ground. Still money, though! ❤
Wow, these are very great ideas! Thanks for sharing!
I do high yields savings, options trading, dividends is next once my options trading profits are in the thousands, and KZread is the hardest one to really good at. thanks for the videos !
Oh you did a Great Job Rose!!
Super valuable content in this video. Thank you, Rose!😃👍💯🔥
My family get income from interest, dividend, rental properties, commissions as a realtor and options trading for years and so far so good.
I love how transparent you are, Rose.
@prpl__5115
Жыл бұрын
she isn't
@andrasszerencses
Жыл бұрын
@@prpl__5115 isn't she? lol
You’re always inspiring!
Amazing content!! Gracias 🙏
6:59 Actually, you need to reach both in order to get monetized, not whichever comes first. 😊
Love this ❤ I started a lot of these 5 years ago and love having passive income on top of my paying job 😅 hoping to retire in my 50s lol
I just found your site and really enjoyed Index vs Mutual vs ETFs. I will continue to watch more and subscribed. I be interested in hearing your view points on Split Shares, Class A, and ETFs covered call leveraged ETFs like HYLD HDIV HDIF. Being in Canada there are lot more choices with ETFs leveraged CC products but starting to see more high yield ETFs being created in USA.
Awesome information as usual. I have Capital one 360 and wish i was putting money in it much earlier.
Thank you Rose!
Love your videos! Very practical easy to follow and inspirational! Thank you 🙏
Really great content! I just subscribed! Can’t wait to learn more!
I love your investing videos but I also love what someone described as" hippies stuff. " That shows a different side of you which is also appealing. Hope you make some more of those.
This is the channel where I started picking up index investing and how to create a portfolio for Roth IRA. I keep coming back here to see what else I can learn to get to FIRE except that I cannot live in a camper for sure, I need a place that I can call home.
Thank you for sharing your ideas, so inspiring and helpful, thanks !!
@itsrosehan 3:59 can you clarify. Does the Capital One account you mentioned earn a monthly yield or is it “annual”
So basically it mostly comes from your online courses. Got it.
@asadb1990
Жыл бұрын
Yeah, and for income to generate from those courses, you need to be a known influencer. Otherwise, there are too many courses no one buys.
@red-hat-mike
Жыл бұрын
@@asadb1990 Everyone starts at point ZERO. That the beauty of the achieving success instead of making excuses for not trying or for failures.
@Montage326
Жыл бұрын
@@red-hat-mike If you go all the way back, she married rich. She also worked in Wall Street so she has that experience to go and start a course that people will pay money for. It helps that she's easy on the eyes too. If you're a 40 year old bald dude who went to JC, even if you're super smart and make a ton of money, people will likely choose her course over yours. It's just a little disingenuous to say you make $58K a month, but $50K of that is from a course she teaches. Yes, it's possible for other people to teach a course. Yes, you have to start from somewhere. But a majority of people will never get to $58K a month. They'll make dividend money and interest off of investments and potentially buy rental property, but most people will never make $50K teaching an online course. It sets people up for disappointment.
@red-hat-mike
Жыл бұрын
@@Montage326 Yeah, Rose is super easy on the eyes and the title is clickbait 🙃 its what social media does :) ... my point was ... that even for the few who doesn't have her attributes ... of beauty and background .... that a person MUST start somewhere ... even it is at ZERO. She deserves her success while others stand "still" and watch the world of opportunities pass by. A wannabe entrepreneurial person can easily/cheaply hire a beautiful Virtual Assistant, create and post similar content and probably make $25k a monthly.
@JessieS
Жыл бұрын
😂😂
Love these stock videos so informative and educational thanks Love you're awesome much appreciated 👍👌🏽💯
I loved it, thank you for this video!
Thank you for sharing.
I learned a lot from this 19minutes video -Thanks a lot for clearly explaining it ! Working hard for my KZread channel now and hopefully earn some passive income from it :)
Awesome video! Thank you so much, this is my goal to go passive🎉 you are inspiring!
I'm so glad you shared about taking time to rest; no amount of money will cure burnout sometimes. Haha, thank you Rose!
$235 a month is about $200,000 of Apple Stock. So this is not passive income. You had to have the money first in order to receive dividends. As for savings and bonds, etc. same thing. Investment property? you own three homes? That's a big chunk of change. Perhaps, you should change your title to Investment strategies. This is misleading.
Amazing video thank you ! 💕💕💕
Rose I have been watching your channel for years, thank you for always providing great information!!
@itsrosehan
Жыл бұрын
Thanks for being a loyal viewer! ❤️❤️
Yea $3500 a month on KZread. So realistic 👍🏽 and a common thing. Some of us aren’t good at making videos and are not outgoing enough to make videos.
What’s up Rose!! Good to see you’re looking bright and glowing. Hope all is well with you and looking forward to more content. 💯
This was seriously one of the most helpful & inspiring videos!
You are amazing! I definitely need your help to build!!
Rose! You are the GOAT for this video👌🏾
I love the cozy aesthetic of this video :) All great tips, thank you! :)
A lot to think about. Some good ideas. Thank you for sharing!
Thanks Rose
Thank you for the wealth of knowledge!
You are extraordinary. Thank you.
This is great! Thank you 😊
Option trading is a side hustle but not “passive” income. But I loved the camper van idea
Thank you for sharing
I am part of the KZread Partner program and Amazon affiliate program but I didn’t put a lot of time into them but this video motivated me to go back to them!
Thank you, Rose
Awesome tips, thank you Rose. I recently found your channel...hope you´re enjoying our sometimes chaotic but beautiful Mexico City!
I currently make £84k/yr. No investment and I work from home. I need to do something quick. What can I do?
@aerispeitho
7 ай бұрын
Open a fidelity brokerage account and connect it to your main account.
Wow!! $20 dollars brought you to this world? Amazing! Thanks a lot for sharing your experiences in your videos. One can learn a lot and get encouraged to change ones ways of doing stuff to approach life goals
I wish I had found your channel sooner! I definitely want to do KZread for language learning and real estate investing!
Great video!