Contents
🏡 Airbnb Rental Income
The speaker has listed their Hawaii condo on Airbnb, which is currently generating negative cash flow due to upfront costs (furniture, mattresses, etc.). However, with the condo fully booked next month, they expect it to be profitable by June.
- Initial Investment: High upfront costs
- Projected Annual Profit: $3,700/month in 3 years, $47,000/year in 5 years (excluding equity appreciation)
- Equity Appreciation: 4% annual growth = $58,000/year in equity appreciation by year 5
💵 iBonds
iBonds are US government-issued savings bonds that earn fixed interest monthly, currently at 5.27%. These bonds are designed to keep up with inflation.
- Interest Rate: 5.27%
- Investment Limit: $10,000/year per person
- Liquidity: Can be sold anytime
- Capital Dependence: 5/5 (requires capital)
- Work Required: 1/5 (minimal work)
- Risk: 1/5 (low risk, backed by the US government)
💻 Affiliate Marketing Income
The speaker generates around $400/month through affiliate marketing, promoting products and services via their online platforms.
- Capital Dependence: 1/5 (no capital required)
- Work Required: 3/5 (requires promotion effort)
- Risk: 1/5 (low risk but requires ongoing effort to maintain)
🏦 High-Yield Savings Account
The speaker earns 4.6% interest through a high-yield savings account, providing a safe, FDIC-insured way to earn passive income.
- Interest Rate: 4.6%
- Capital Dependence: 5/5 (requires capital)
- Work Required: 1/5 (no work required)
- Risk: 1/5 (low risk, FDIC insured)
💰 Crypto Investments
The speaker has invested $30,000 in cryptocurrency, which has grown to $70,000 in value, a $40,000 profit over the past year. However, crypto is a volatile market.
- Initial Investment: $30,000
- Current Value: $70,000
- Profit: $40,000 (12 months)
- Risk: 5/5 (high risk due to volatility)
Popular Bitcoin ETFs:
- iBIT: Tracks the price of Bitcoin
- BITB: Tracks the price of Bitcoin
- Investment Platforms: Weebu, Robinhood
✈️ Earning Bonuses on Credit Card Spendings
The speaker uses credit cards that offer rewards in the form of miles or points, allowing them to book business class flights for their family.
- AMX Gold: Offers 4X points on two categories of choice
- Bank Credit Cards: Rewards on business spendings
- Capital Dependence: 3/5
- Work Required: 2/5
- Risk: 1/5 (low risk)
📊 Google AdSense Income
Through their YouTube channel, the speaker earns from Google AdSense, though they note that AdSense revenue may drop if video creation halts.
- Key Tip: Focus on creating evergreen videos for ongoing views and revenue
- Capital Dependence: 1/5
- Work Required: 3/5 (content creation)
- Risk: 2/5 (dependent on ongoing traffic)
📦 Digital Products
Digital products, such as ebooks and templates, offer a scalable way to earn passive income. The speaker earns $10,000/month selling digital products for English learners.
- Benefits:
- Can be sold multiple times
- Low ongoing maintenance
- Examples: eBooks, Printables, Templates
📈 Investing in the Stock Market
The stock market has an average return of 10% annually, making it a popular investment option. The speaker’s stock investments generate $20,000/month in passive income.
- Benefits:
- Long-term growth potential
- Liquidity for easy buying and selling
- Diversification across assets
Investment Apps:
- Weebu: For buying/selling stocks and crypto
- Interactive Brokers: Offers a range of investment products
- Robinhood: Popular app for stock trading
🌟 Passive Income Summary
| Income Stream | Monthly Income |
|---|---|
| Digital Products | $10,000 |
| Stock Market Investments | $20,000 |
| Total | $30,000 |
🎯 Passive Income Goals
The speaker aims to increase their passive income to $100,000/month, reinvesting a portion into their business while using the rest for lifestyle expenses.
