You know that I love investing in the stock market and I love telling people about the stock market but the stock market is not that only to have assets outside of stocks. We want to have more than one stream of income and we want to have money coming in from different places. As you know I also have an online business and I do work full time right now trying to make more money to invest into different assets. There are offline assets and online assets that you can invest and build online right from home. We need know that owning rental homes is another way to make passive income outside of the stock market and it’s stable but what else can we invest in?
Build an online business:
An online business is something that you can build at home at anytime in the day. Now there are so many different online business that you can start right now and most of there can work. The main goal in the stock market is to make money. We don’t buy stocks just to buy stocks. At the end of the day, we want to make money from those stocks. So building an online business can be an asset that you can build outside from stocks. The problem is that there are some many to make money online which you can you build and turn into an asset to make passive income. There are two ways to build an online asset to hold and make money and I have a free course on how to make money online and if you want to check that out you can click here: In this post, I am not giving any financial advise so please do your own research before buying anything.
What are two online assets that you can build outside of holding stocks in the stock market?
The first one is the free way and that is building up an YouTube channel from home. YouTube is free to start and free to own and once you start a YouTube channel, that channel is yours. Some people think that YouTube is an asset or passive cause you have to produce videos in order to make money which is true but here’s the thing most people miss with YouTube. When you make a video and upload to YouTube, that video can get watched 24/7 and you can be sleeping and people may watch your video.
Making a video is passive income and it is an asset cause that video is up online 24/7 for anyone to watch. I have made videos 3 years ago which took me only 10 mins to make and still to this day, I make money from that video. I am a YouTube partner which allows me to run ads on my videos so every time someone watches my video, I make some money and I am an affiliate market as well so in my videos I promote different products. If someone buys the product, I will make an commission on that.
So I make the video one time, I upload the video to YouTube which is online 24/7 and lets sat 3 weeks from the time I upload that video someone watches the video and click on my links and buys whatever I am selling, I get some money from the ads and some money from the sell of the product. I think having a YouTube channel is a great tool and a passive way to make money rather than stocks. Right now I am making about $100 per month which is not a lot of money but I make videos in my free time and it’s another income stream coming in and all I have to do is keep producing helpful videos to help people with their problems. The bets part is that the money I am making goes into stocks so I think YouTube is just way to one make money and it’s a stable asset to hold outside of the stock market and again if you need help with YouTube and making online passive income you can click here:
Can a blog be an asset?
Yes having and running a blog can be an online asset that you can build overtime to make money and later becoming an asset to hold. Check out the site called https://flippa.com/ and look at the website that are for sale. A website is real estate online and some of these websites are going for $80,000 but the site make $2,741 per month. So you are buying an asset that will make you money. It’s the same thing like buying a house to rent out for passive income. With a website it’s online and you don’t have to leave the house at all to work on it. There is a site on flippa right now going for starting off at $1000 and the site make $413 per month and this is cheaper than buying a house to rent out.
You can buy a done for you site and start making some passive income or you can start your own blog or website for yourself. Blogging is a great way to make money online and it’s an asset that you can you make while you sleep and please remember that an asset puts money in your pocket and a liabilities take money out of your pocket. I use bluehost for my hosting company and I have been with them for the past 5 years. Right now you can pay for 1 website with hosting for 1 year and that will cost you $106 bucks per year. If you want to check out bluehost, you can click here:
Building a blog or website can work for you 24/7 just like YouTube can and the site is yours. The best thing that you can do is produce content for your blog that helps people and has low competition so you can rank well. Once you rank, you will start to get traffic from google and that can last a very long time. Paying $106 per year is not a lot of money at all and I have seen some blogs make over 30,000 per month. Check out this post here that will show you how these bloggers make so much money from their blogs. Here’s the post link here https://blossomthemes.com/top-earning-blogs/
These are just a few example of assets to hold outside of the stock market and I know it’s different than what you was thinking but we must build as much passive income streams as we can. If you invest into stocks, build an YouTube channel, start writing content for a blog, invest in bonds which I use worthy bonds to invest into bonds and you can check them out here: you can invest into real estate as well so you have all these things going while investing into the stock market. These things can be done at home in your free time and can make a lot of money so below is the links that you can check out to get started building asses to hold outside of the stock market:
