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12 classic and modern ways to earn passive income
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There are many different ways to earn passive income in the modern world. You can invest in stocks and bonds, start a business, or rent out property. However, one of the most popular ways to generate passive income is through online platforms such as blogging or creating an online course. If you have expertise in a particular subject matter, you can create a blog or an online course teaching others what you know. Once you have built up a following, you can begin to monetize your platform by charging for access to your content. This is a great way to earn passive income because it requires little ongoing effort from you once everything is set up.
Another option for earning passive income is to invest money in stocks and bonds. This can be done through a brokerage account that allows you to buy and sell securities without having to do any of the legwork yourself. This type of investing does require some initial research and time commitment, but it can be a great way to earn passively over the long term.
