Passive income ideas
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What if you could imagine developing passive income in 2022? I'll take you through 9 commonly proposed ideas on the subject!
Stock up on anti-morosity ideas to get you started on the path to financial freedom today! And remember, it's a long walk, not a sprint!
In fact, passive income is a wonderful way to accelerate your journey to financial freedom. It allows you to earn money while preserving your time and dedicating it to things that make sense to you! It is an activity that you can develop in addition to your current job to facilitate your professional transition if you wish to launch your business or change jobs.
Never underestimate the small steps! And remember that to change things, you just have to change one small thing every day!
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1- Passive income in 2022 : Definition
These are sources of income that are de-correlated from your work time… Tim Ferris, the author of "the 4-hour work week" popularized the concept: diversify your sources of income and make sure that you are not dependent only on income from physical services or from your work time/salary! Setting up these sources of income takes time at the start and pays off over time. This implies the idea of getting out of the logic of immediacy and a single income from your salary. In short, it is a form of cultural revolution that pays off! It is based on the fact of freeing and reviewing our relationship with work, time, money … and aims at financial freedom.
2- Invest in real estate to develop passive income in 2022
From now on, when it comes to real estate, there are multiple solutions and you are spoilt for choice!
If you have the capacity to borrow and you can leverage your bank loan, here are a few possibilities:
To make real estate of report i.e. to buy and rent goods by releasing a positive balance on the operation in other words called cash-flow.
Buy garages, apartments, commercial premises…
To make the purchase resale.
If you want to invest your savings to make it work and avoid it being eaten up by inflation in 2022, why not:
Buy shares in SCPIs (Société Civile de Placement Immobilier)
Buy real estate ETFs listed on the stock exchange
Take your pick! And there is no shortage of solutions…
In addition, 2022 is the year in which a new regulation on the energy label of rental properties will come into force. This should lead to an influx of new properties for renovation on the market…
You don't want to manage directly, you don't have time to spend on it?
Did you know that? You can now buy a real estate project brick for 10 €. So don't think that this is reserved for large portfolios and requires specialist skills! It's not true anymore! There are plenty of ways to do real estate ! You can even do it from your couch and with an entry ticket of 10 € …
3- Develop passive income in 2022 from crypto
2022 is a year of correction on the crypto markets. Indeed, after years of uninterrupted rise and massive injection of liquidity, 2022 looks like a year of cycle closure…
Why? The crypto market is highly correlated to the market fear index, which has never been as high as in 2022: war in Ukraine, inflation and increase in refinancing rates by central banks, elections, correction on the market of technology stocks that were overvalued… All the ingredients are gathered to confuse the tracks in 2022!
In conclusion: 2022 can be the right year to start buying low crypto assets … And store them in a medium-term perspective until the market goes up again.
The tracks: invest in indices to play diversification.
Indeed, many technological revolutions are announced this year in the crypto world. As in the stock market, diversification is essential because it is complex to know today what cryptos will be used tomorrow!
Again, you think this is extremely complicated? Well, this is no longer the case because there are indices (similar to ETFs in the stock market) and you can decide to transfer €25 per month on baskets of crypto assets that will be balanced automatically according to the "over and under" performance of the market… This is called rebalancing….
A prerequisite before investing: believe in it! … Believe in the disruptive side of blockchain and the innovations it will bring. So, if you are hermetic to volatility, price variations and innovation, the crypto world is not for you!
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4- Investing in the stock market in 2022 to develop passive income
You are a beginner and you want to invest in the stock market?
All experts agree that 2022 is a year of turbulence on the financial markets.
Therefore, it is better not to expect income in 2022 from the stock market but rather to train yourself to start buying gradually because the financial markets are experiencing corrections.
Thus, as for crypto, the best time to start buying is when values are low. So 2022 is a good year to train yourself and open the portfolios that will allow you to house your stocks or trackers. Thus, you can start buying when there are "correction peaks" ….
On the other hand, I remind you that the best stock market strategy is also the least risky:
invest regularly to smooth out price variations,
to protect yourself from risks by diversifying,
project yourself on the long term because the stock market knows low cycles but is tendentially bullish.
5- Investing in companies to generate passive income 2022: Crowdlending
Lending to or investing in companies, renewable energy parks at your doorstep… A great way to combine economic efficiency with the meaning given to your money! The concept is not new and will become stronger over the next few years with the rise in bank interest rates.
The principle: you select a project and finance it.
The opportunities are diverse and varied: you can enter the capital of companies or lend them money. It's up to you to choose the formula that suits you! The minimum investment amount is different for each project. The projects are detailed and you know exactly what you are investing in. Here again, play the DIVERSIFICATION card: it is better to put 20€ in 10 projects than 200€ in one project. This is the basic rule!
6 - Get into e-commerce and drop shipping
You are passionate about a subject - a theme… Why not set up a dedicated site combining advice on the subject and selling products online. You don't want to manage the shipping of your products? Don't worry, do dropshipping: redirect links to other sites with commissions at stake!
How much does a website cost? Hosting + domain name costs about 100 € per year. Know that a regularly updated site is a good asset because it is valued over time and can be resold. To do this, choose your niche, your keywords and the products you offer! Developing a website with WordPress is accessible to the average person with the support of a good trainer!
7- Sell digital products to develop passive income in 2022:
Trainings targeted to your skills, publishing e-books and newsletters … You have skills and the world needs them! Why not market them via digital products that you can sell in an automated way?
The method: Start with a blog on the subject and make it evolve into an online business by developing tomorrow programs that respond precisely to the demand of your customers. The blog is a great way to interact and survey your customers about their needs and then build products that meet them: a practical e-book on the problem of your community, a training, a newsletter targeted on a subject that you master and that creates value …. The advantage of this type of business: the traffic and the community develop over time and you can automate a large part of the activity!
8- Develop sponsorship agreements and advertising benefits from your presence on social networks
You have developed your presence on social networks and built a niche business… At the beginning, all projects start small, then your audience will build, your community will grow and brands will contact you to promote some of their products to your audience.
The keys to success: target the needs of your audience. Work on your keywords, make videos and podcasts with quality content!
9 - Insert affiliate marketing in your communication to develop your passive income in 2022
You have used tools, programs, solutions that have been useful to you …. Why not offer them to other people in your situation and earn a commission in the process? This is the principle of affiliation.
There are many programs on the subject covering all types of projects and very diverse and varied commission modalities. Thus, you can be paid per click, per conversion, … You can go directly with a company or via structured affiliate programs. The solutions in this area are very broad today!
10 - Sell photos online, give online courses …
There are many platforms that sell photos, online courses, graphic design elements. You have skills on these subjects: why not offer them for sale?
Here are some of the passive income opportunities that can be developed in 2022. So, which ones would suit you best? Do you have any other ideas? See you soon!!!