Here are the best ways to begin making passive income with as little as $500 – and where you can invest this to grow over time. Enjoy! Add me on Instagram: GPStephan
LIMITED TIME: Get 2 FREE STOCKS ON WEBULL when you deposit $100 (Valued up to $1400): https://act.webull.com/k/Vowbik9Tm5he/main
The YouTube Creator Academy:
Learn EXACTLY how to get your first 1000 subscribers on YouTube, rank videos on the front page of searches, grow your following, and turn that into another income source: https://bit.ly/2STxofv $100 OFF WITH CODE 100OFF
JOIN THE WEEKLY MENTORSHIP – https://the-real-estate-agent-academy.teachable.com/p/graham-stephan-mentorship-program/
THE NEW PODCAST: https://www.youtube.com/channel/UCMSYZVlQmyG8_2MkIKzg0kw
My ENTIRE Camera and Recording Equipment:
https://www.amazon.com/shop/grahamstephan?listId=2TNWZ7RP1P1EB
One, Invest $500 within an Index Fund.
This is just an investment you can make that covers a WIDE variety of stocks or markets – and you can buy a small piece of that for a very low price. You can make passive income two ways – the first is through the stock price going up over time, and the second is through their DIVIDENDS.
Second, we’ve got another method for earning a LITTLE more passive income if you want to take a little more risk – and would be through buying individual dividend stocks.
BUT…as with anything…with reward comes risk…so, the more money you have the potential of making…the more you have the potential of LOSING….and even though a stock might have a high dividend, it doesn’t guarantee the price of the stock won’t end up going down if the company doesn’t perform well. So, keep that in mind and invest safely in companies with strong fundamentals – all of this is meant to be a long term investment.
THIRD….another way you can invest $500 for passive income is by buying a REIT.
Think of this one like, instead of buying a stock in a company like I just mentioned earlier…you’re buying a stock in a real estate portfolio. Real estate investment trusts basically pool money from investors, buy up properties within a certain category, and then pay out a portion of their rental profit as a dividend.
The FOURTH way you can make passive income by investing $500 is by paying off high interest rate debt.
Consider this like you’re #1 investing decision if you have any interest rate above 5% or so that isn’t a tax write off….PAY IT DOWN WITH $500.
HOWEVER…If you also have TIME on your hands and you want to take a very ACTIVE role in making WAYYYYYY more money with $500 – there are a few other options:
The first way you can invest your $500 is to go after sign up bonuses.
Both credit cards and banks will give you a “bonus” for opening an account with them and meeting some minimum requirements…usually, that bonus is anywhere from $50 to $200, and it usually takes about 30 minutes of work to complete.
The next way to make passive income by investing your TIME alongside with $500 is…oh man…you know I’m going to say it…. making a YouTube channel.
I still maintain that this CAN be a great way to make money IF you have a passion for talking to yourself…alone in a room…in front of a camera…and then getting frustrated when your editing software freezes and crashes…but if you can handle that and stick with it, YouTube CAN be more rewarding than your wildest imagination.
From there, you can sell a product or a service that doesn’t involve any further time on your end…for example, I created a program called The YouTube Creator Academy.
Even though it took a LOT of work upfront and a LOT of trial and error to get something to the point where it was worthy of selling it…NOW, it runs on its own, and will likely continue running on its own for the foreseeable future.
You could expand your passive income sources through blogs, websites, and so on through affiliate marketing.
This is the practice in which you are marketing someone else’s product, and you get paid a commission every time you get a sale.
The last way you can make passive income with $500 is to use that towards creating an online business that you can eventually run on autopilot – or without a lot of time on your end.
Using this money towards something like THIS would be a fantastic use of your time…and, the experience you get from a $500 will help you in so many other areas of your life beyond just this.
For business or one-on-one real estate investing/real estate agent consulting inquiries, you can reach me at GrahamStephanBusiness@gmail.com
*Some of the links and other products that appear on this video are from companies which Graham Stephan will earn an affiliate commission or referral bonus. Graham Stephan is part of an affiliate network and receives compensation for sending traffic to partner sites. The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available.
source
How much time per day do you spend responding to comments? it's rare to see a channel this big reply to so many, much respect!
Nice video! I was able to build a big income stream during the covid-19 pandemic investing with a professional broker, Mrs April Christiana.
Nice video Graham! Great for everyone to hear!
🙀🙀🙀🙀
i trust this guy
I make videos all the time and got no subs lol it's so hard and I do so much work lol FML somebody smash my like buttons lol
but will it outpace inflation?
You and Dave Ramsey give similar and different advice, and I am a fan of both of y'all. Through conflicting thoughts on minor details, y'all highlight the commonalities between those who are financially successful, which are the areas I think people should focus on. You help a lot of people, thanks for helping the common guy!
Idk where do I go to get index funds ? I’m a noob but I want to get started lol 😂
Nice video, I was able to build a big income stream during the covid-19 pandemic investing with a professional broker, Mrs Charlotte Payton.
I hope I’m not still sitting at home watching YouTube videos all day when I’m filthy rich
If anyone’s good with sales I’d be down to take a 50/50 partner, I’m trying to build a web agency… I’m great and fast at whipping out designs, but I just SUCK at sales.
Thanks for introducing me to Eyeonsight🧶net investing. Having applied the concepts I learned from you I am happy to report that my portfolio is starting to grow. I especially liked your patience and simple step-by-step approach in explaining to me the investing strategy. Also your guidelines for maintaining a portfolio are simple and easy to implement
A great course, I learned a lot and have had a solid year of success investing since completing the program. The monthly report from Eyeonsight🧶net is a 'must have' in my opinion."
I started investing in January 2020. Now I have seen a decent gain with the COVID 19 with the pandemic, Without Eyeonsight🧶net , I would have made the wrong choices with my investments. Also, it would have taken a lot of time and research to select the best investment plans, Their response is very quick. I feel like it is very valuable to
I would recommend everyone to have financial planning in their life. Many of us either end up being too conservative or too liberal in their financial management. Eyeonsight🧶net can help you in optimizing your financial planning. Thereby you can plan to achieve your life objectives in a more balanced manner. Further, they also help you in implementing your financial plan and conducts intermediate reviews to
Eyeonsight🧶net material is excellent, including the supporting material, all of it is very well explained. Mr fernandez enthusiasm and confidence in the program is inviting and makes the information understandable."
For a returning NRI seeking a peaceful retired life and in need of advice on investment, tax planning, tax filing and organizing financial affairs, Eyeonsight🧶net proved to be the right people. They are always only a phone call away. They provide me with good advice and thus peace of mind.
Eyeonsight🧶net are systematic, thorough and meticulous in their approach towards the research they carry out before providing financial advice. They helped me to develop clarity of thought in formulating my financial goals.
I found Eyeonsight🧶net incredible depth of knowledge about investing was matched by his genuine desire to impart that wisdom to others. He really is a great investor. The website covers everything you need to know, without being overwhelming or complex. I heartily recommend taking Eyeonsight🧶net , with Mr fernandez as your guide
After my association with Eyeonsight🧶net I learnt a lot about financial planning. For my every query, they give me a quick response. They are very professional in their work. If I did not meet them, I would have cost me a lot, They are Trustworthy partnership
I just finished my first investment with Eyeonsight🧶net , and wanted to tell you that I enjoyed it very much. You did an excellent job! Everything is explained very clearly with excellent examples, and helpful slides. You can feel very confident with your ability to make complex concepts/systems/products simple to understand. It was a pleasure to benefit from your passion!"
At first I was scared to begin buying stocks on my own, but your course made it so easy to understand. I am gaining more confidence as I continue to collect dividends and see my stock portfolio grow. Thank you Easymakesolution🟢net !"
Always I had the thought of Life insurance and security of assets, but Easymakesolution🟢net were able to guide me and help me in accomplishing this. The correct advice from the team to secure the future by planning in the present is of immense value to me. Clarity in the concepts of Mutual Funds and its long term benefits were the
I recently completed the Easymakesolution🟢net Investing course and I was extremely impressed with the content and flow of the course, it provides you with all you need to get started and most of all the confidence to invest on your own. I highly recommend this course to anyone. Thank you Kanwal!
Easymakesolution🟢net is worth the money I paid. Now I have a planned and systematic approach for my retirement. They are reviewing my portfolio at regular interval and we can easily get access to the Experts, They have a solid approach to investments. Their plan doesn’t promise fancy returns for the sake of marketing but a pragmatic in
Man, Easymakesolution🟢net is FANTASTIC . I can see the enormous amount of work that went into this and the quality is second to none. If I had this process in place 20 years ago I'm convinced that I would have at least four times the equity that I have now. I definitively feel I got my money's worth. The process that you have created
My humble suggestion is, use the opportunity to engage with Easymakesolution🟢net, discuss your requirements and observe first hand, how the professionals come up with interesting solutions, I liked working with thems as they have a professional approach, are open to suggestions and very much oriented towards customer
HyperionTrust is the best when it comes to investing and staking on bitcoin , it’s the best way around here no doubt
Enroll with HyperionTrust and get yourself prepared for the future , no joke
Everything was tough but finding Hyperiontrust was one of the best thing to ever happen , they have managed my funds in ways I never thought possible , I am glad
I wouldn’t have gotten to where I am now if it wasn’t for Hyperiontrust, I am glad I found them
HYPERIONTRUST is the heart of finance , they are aggressively better than Robinhood and their stakes are higher and reliable
Just like I said before , there’s only one company I would rather stay enrolled with and that’s Hyperiontrust , these guys are out of this world amazing
I am part of the people who made their withdrawals on H y p e r I o n t r u s t last night and I have to say , these guys deserve more recognition, bless them
HyperionTrust is the future of finance , reach out to them if you no longer want to be dependent, reach out to them for freedom
Hyperion Trust is the only company I would put my money into, they are fully trusted and reliable
HyperionTrust has helped me in ways I can’t even comprehend, everything I expected from them came out way better than I was hoping
You know what’s better than day trading ? Hyperiontrust!! look them up immediately
I just got my first car few days ago and that’s all thanks to Hyperiontrust, best invstment company around here hands down
Patience is everything , HyperionTrust is the best place to start when you want to look into investing
HyperionTrust is the future of finance , believe me and come thank me later
HyperionTrust deserves way more credit than they get , I am extremely happy I came across these guys , paid me more than I could imagine
I really appreciate everyone here and would like to tell y’all about Hyperiontrust, these guys are incredibly amazing when it comes to investing
If you’re looking for the right way to get something like this done , you should look up Hyperion trust