Trending News: Oil could fall to $25 per barrel by 2050 if net zero emissions goals met, IEA saysBank of America CEO Brian Moynihan says U.S. economy is the envy of the world—but could lose its power due to national debtDow Jones Today: S&P 500, Dow Rise as Stock Market Stabilizes After SelloffIRS Issues FAQs Regarding Long-Term Part-Time Employees in 403(b) PlansInvestment banking surge at Morgan Stanley solidifies Wall Street revivalGold Nears Fresh Record With Focus on US Election and Fed RatesWorld Set for Cheaper Energy on Shift From Oil and Gas, IEA SaysOil Climbs With Middle East Risks and Chinese Demand in Focus‘Food Noise’ Ruled Her Life for Years. Here’s How She Learned to Silence ItCommon Mistakes When Applying for the Diversity Immigrant Visa ProgramNew Zealand Inflation Slows to Lowest Rate Since Early 2021Fed’s Bostic says his ‘dot’ was for 25 bp more in cuts in 2024Trump’s trade rhetoric may not be all bluster. He needs mammoth tariffs to pay for everything else he wants.Trump Says Growth to Outpace Feared Debt, Inflation From AgendaHow Prioritizing Heart Health Could Lower Your Dementia Risk Later In LifeDow Jones Today: Major Indexes Slide as Nvidia Leads Chip Stock SelloffDepartment of Defense Issues Final CMMC RuleGoldman profits surge 45% as dealmaking stages comebackTreasuries Rise Most In Two Weeks as Oil Eases Inflation FearsThe US retirement system gets a C+ in global studyTech Stocks Rally While Oil, Energy Shares Drop: Markets WrapThe Evolution of AI in Healthcare: Current Trends and Legal ConsiderationsOil Extends Losses on Report Israel Won’t Target Iranian CrudeFed’s Kashkari Says Private Credit May Lessen Systemic RiskCould COVID-19 Raise Your Risk of Heart Attack and Stroke? Study Offers CluesBreakfast Foods Affect Weight Loss, Metabolism Differently for Men vs WomenTrump wants to pin inflation on Harris. Most economists say prices will rise faster under himNvidia stock eyes record high, looks to unseat Apple as world’s most valuable companyDow Jones Today: Stocks Rise as Nvidia Leads Large-Cap Tech Higher; S&P 500, Dow at New HighsUSCIS Issues Updated Guidance on ‘Sought to Acquire’ Requirement of Child Status Protection ActOPEC cuts 2024, 2025 global oil demand growth view againBrazil Analysts Lift Interest Rate Forecasts as Inflation Picks UpChinese Stocks Gain in Volatile Trade, Oil Falls: Markets WrapFed rate cuts were supposed to help ease U.S. debt costs, but it’s not looking good so farVolatile Bond Market Puts Traders on Defense Amid Fed-Cut DoubtsIs It the End of the False Claims Act As We Know It? District Court Rules Qui Tam Provisions UnconstitutionalTesla stock selloff after robotaxi event could be just the beginning, pros warnAuthor explains how to become a ‘likeable badass’The new reality for big food stocks: Shrinkflation, upset shoppers, and excessive meat sticksHow Trump could exert new controls over the Fed — even without firing PowellCommentary: Harris’s long-term care plan would touch us all. I know firsthand.October 2024 Legal News: Law Firm News and Industry Expansion, Industry Awards and Recognition, DEI and Women in LawHow Amazon changes local economies when it moves inEcuador goes dark in a power crisis that punishes economyThe bull market is 2 years old. Here’s where Wall Street thinks stocks go next.Boeing stock slides as company plans to cut 17,000 jobs, delays jet delivery amid labor strikeUS Expands Sanctions on Iran Oil Sector Over Israel AttackTrump Adviser Bessent Slams Fed Over September Half-Point CutRytr or Wrong: Is the FTC’s Operation AI Comply a Prudent Defense Against Deception or an Assault on Innovation and Constitutional Free Speech?Bond Traders’ Big Week Ends With Fed Rate Cuts Even Less CertainHurricane Milton deals estimated $160B blow in damage, economic lossDow Jones Today: Stocks Surge on Strong Bank Earnings, Benign Inflation Data; S&P 500, Dow Hit Record HighsWholesale inflation remained cool last month in latest sign that price pressures are slowingTraders keep bets on 25 bps Fed rate cuts in Nov, DecHow Olympian Caeleb Dressel’s Cat Rems and Dog Jane Help Him Through ‘Rough Days’Oil retreats but heads for weekly climb on potential Mideast supply disruptionSouth Korea’s central bank cuts rates in a bid to boost the economyAPPARENTLY NOT AN INDEPENDENT CONTRACTOR: Summary Judgment Denied Because Third Party Vendor May Have Had Apparent Authority To Make Calls Without ConsentFeds slap TD Bank with $3.1 billion in fines for money laundering of fentanyl trafficking and terrorist financingOil Set for Weekly Gain as Israel Plans Response to Iran AttackEating Nothing But Sardines May Help You Lose Weight, But Experts Say It’s a Bad IdeaBank Earnings to Give Stock Market Key Read on Health of EconomyThree Fed Officials Shrug Off CPI Report, Bostic Open to PauseDow Jones Today: Stocks Move Lower After Inflation and Jobs Data SurprisesRecent Scrutiny of English-Only Workplace Rules Comes into Focus During National Hispanic Heritage MonthFed seen delivering 25 bps cut next month after inflation dataInflation: Consumer price increases in September come in slightly hotter than estimatesOil Gains as Traders Monitor Middle East While Stockpiles ClimbChinese Stocks Rally; Markets Await US Inflation: Markets Wrap22 States Join Challenge to Massachusetts’ Question 3Oil Steadies as Stockpiles Rise and Traders Monitor Middle EastGold Holds Drop Before Inflation Data as Traders Weigh Rate PathHow McDonald’s New Chicken Big Mac Compares to the Original: Calories, Ingredients, and MoreVitamin D Supplements May Help Lower Blood Pressure and CholesterolFed Minutes Show Robust Debate About Size of September Rate CutTreasury Yields Rise as Fed Rate-Cut Hopes Fade Before CPIMost Millennials, GenZers Get Health Information From Social Media, Survey RevealsHarris vs. Trump: A Side-by-Side Comparison on 7 Key Health IssuesDow Jones Today: S&P 500 Rises to Record High as Stock Market Extends RallySEC Brings Multiple Enforcement Actions Relating to Beneficial Ownership and Other Reporting ObligationsRBC BlueBay sees risk of Trump, Harris policies fueling Fed hikeGermany’s economy is on track to shrink for a second straight yearOil prices steady after sliding on potential Israel-Hezbollah ceasefireGeopolitical risk premium in oil market slips slightly, Goldman Sachs saysCertain Arm Positions During Blood Pressure Checks May Lead to Inaccurate ResultsFed Vice Chair Jefferson: rate cut aimed at keeping US job market strongFed Vice Chair Jefferson: Sept rate cut was ‘timely’Mass. Appeals Court Declares Winner in Longstanding Land-Use Dispute Between Northeastern University and Town of NahantArgentina September inflation seen at lowest since late 2021Fed’s Bostic says labor market slowing but not slow, jobs gains ‘robust’Dow Jones Today: S&P 500, Nasdaq Surge as Nvidia, Other Large-Cap Tech Stocks GainFirstRand Turns More Bullish on South Africa’s Economy, RandChile Inflation Undershoots Forecasts Before Rate DecisionOil retreats as investors pare bets on Middle East war risk after sharp rallyFed’s Williams says appropriate again to cut rates ‘over time’, FT reportsAre You Eligible for Passport Renewal Online?Emerging-Market Currency Rout Deepens as Traders Temper Fed BetsFed’s Musalem argues for more rate cuts, says data to drive easingsShort-Dated Muni Bonds Swoon as Fed Rate-Cut Bets RevisedStocks Fall as Traders Dial Back Fed-Cut Wagers: Markets Wrap
Wed. Oct 16th, 2024
Trending News: Oil could fall to $25 per barrel by 2050 if net zero emissions goals met, IEA saysBank of America CEO Brian Moynihan says U.S. economy is the envy of the world—but could lose its power due to national debtDow Jones Today: S&P 500, Dow Rise as Stock Market Stabilizes After SelloffIRS Issues FAQs Regarding Long-Term Part-Time Employees in 403(b) PlansInvestment banking surge at Morgan Stanley solidifies Wall Street revivalGold Nears Fresh Record With Focus on US Election and Fed RatesWorld Set for Cheaper Energy on Shift From Oil and Gas, IEA SaysOil Climbs With Middle East Risks and Chinese Demand in Focus‘Food Noise’ Ruled Her Life for Years. Here’s How She Learned to Silence ItCommon Mistakes When Applying for the Diversity Immigrant Visa ProgramNew Zealand Inflation Slows to Lowest Rate Since Early 2021Fed’s Bostic says his ‘dot’ was for 25 bp more in cuts in 2024Trump’s trade rhetoric may not be all bluster. He needs mammoth tariffs to pay for everything else he wants.Trump Says Growth to Outpace Feared Debt, Inflation From AgendaHow Prioritizing Heart Health Could Lower Your Dementia Risk Later In LifeDow Jones Today: Major Indexes Slide as Nvidia Leads Chip Stock SelloffDepartment of Defense Issues Final CMMC RuleGoldman profits surge 45% as dealmaking stages comebackTreasuries Rise Most In Two Weeks as Oil Eases Inflation FearsThe US retirement system gets a C+ in global studyTech Stocks Rally While Oil, Energy Shares Drop: Markets WrapThe Evolution of AI in Healthcare: Current Trends and Legal ConsiderationsOil Extends Losses on Report Israel Won’t Target Iranian CrudeFed’s Kashkari Says Private Credit May Lessen Systemic RiskCould COVID-19 Raise Your Risk of Heart Attack and Stroke? Study Offers CluesBreakfast Foods Affect Weight Loss, Metabolism Differently for Men vs WomenTrump wants to pin inflation on Harris. Most economists say prices will rise faster under himNvidia stock eyes record high, looks to unseat Apple as world’s most valuable companyDow Jones Today: Stocks Rise as Nvidia Leads Large-Cap Tech Higher; S&P 500, Dow at New HighsUSCIS Issues Updated Guidance on ‘Sought to Acquire’ Requirement of Child Status Protection ActOPEC cuts 2024, 2025 global oil demand growth view againBrazil Analysts Lift Interest Rate Forecasts as Inflation Picks UpChinese Stocks Gain in Volatile Trade, Oil Falls: Markets WrapFed rate cuts were supposed to help ease U.S. debt costs, but it’s not looking good so farVolatile Bond Market Puts Traders on Defense Amid Fed-Cut DoubtsIs It the End of the False Claims Act As We Know It? District Court Rules Qui Tam Provisions UnconstitutionalTesla stock selloff after robotaxi event could be just the beginning, pros warnAuthor explains how to become a ‘likeable badass’The new reality for big food stocks: Shrinkflation, upset shoppers, and excessive meat sticksHow Trump could exert new controls over the Fed — even without firing PowellCommentary: Harris’s long-term care plan would touch us all. I know firsthand.October 2024 Legal News: Law Firm News and Industry Expansion, Industry Awards and Recognition, DEI and Women in LawHow Amazon changes local economies when it moves inEcuador goes dark in a power crisis that punishes economyThe bull market is 2 years old. Here’s where Wall Street thinks stocks go next.Boeing stock slides as company plans to cut 17,000 jobs, delays jet delivery amid labor strikeUS Expands Sanctions on Iran Oil Sector Over Israel AttackTrump Adviser Bessent Slams Fed Over September Half-Point CutRytr or Wrong: Is the FTC’s Operation AI Comply a Prudent Defense Against Deception or an Assault on Innovation and Constitutional Free Speech?Bond Traders’ Big Week Ends With Fed Rate Cuts Even Less CertainHurricane Milton deals estimated $160B blow in damage, economic lossDow Jones Today: Stocks Surge on Strong Bank Earnings, Benign Inflation Data; S&P 500, Dow Hit Record HighsWholesale inflation remained cool last month in latest sign that price pressures are slowingTraders keep bets on 25 bps Fed rate cuts in Nov, DecHow Olympian Caeleb Dressel’s Cat Rems and Dog Jane Help Him Through ‘Rough Days’Oil retreats but heads for weekly climb on potential Mideast supply disruptionSouth Korea’s central bank cuts rates in a bid to boost the economyAPPARENTLY NOT AN INDEPENDENT CONTRACTOR: Summary Judgment Denied Because Third Party Vendor May Have Had Apparent Authority To Make Calls Without ConsentFeds slap TD Bank with $3.1 billion in fines for money laundering of fentanyl trafficking and terrorist financingOil Set for Weekly Gain as Israel Plans Response to Iran AttackEating Nothing But Sardines May Help You Lose Weight, But Experts Say It’s a Bad IdeaBank Earnings to Give Stock Market Key Read on Health of EconomyThree Fed Officials Shrug Off CPI Report, Bostic Open to PauseDow Jones Today: Stocks Move Lower After Inflation and Jobs Data SurprisesRecent Scrutiny of English-Only Workplace Rules Comes into Focus During National Hispanic Heritage MonthFed seen delivering 25 bps cut next month after inflation dataInflation: Consumer price increases in September come in slightly hotter than estimatesOil Gains as Traders Monitor Middle East While Stockpiles ClimbChinese Stocks Rally; Markets Await US Inflation: Markets Wrap22 States Join Challenge to Massachusetts’ Question 3Oil Steadies as Stockpiles Rise and Traders Monitor Middle EastGold Holds Drop Before Inflation Data as Traders Weigh Rate PathHow McDonald’s New Chicken Big Mac Compares to the Original: Calories, Ingredients, and MoreVitamin D Supplements May Help Lower Blood Pressure and CholesterolFed Minutes Show Robust Debate About Size of September Rate CutTreasury Yields Rise as Fed Rate-Cut Hopes Fade Before CPIMost Millennials, GenZers Get Health Information From Social Media, Survey RevealsHarris vs. Trump: A Side-by-Side Comparison on 7 Key Health IssuesDow Jones Today: S&P 500 Rises to Record High as Stock Market Extends RallySEC Brings Multiple Enforcement Actions Relating to Beneficial Ownership and Other Reporting ObligationsRBC BlueBay sees risk of Trump, Harris policies fueling Fed hikeGermany’s economy is on track to shrink for a second straight yearOil prices steady after sliding on potential Israel-Hezbollah ceasefireGeopolitical risk premium in oil market slips slightly, Goldman Sachs saysCertain Arm Positions During Blood Pressure Checks May Lead to Inaccurate ResultsFed Vice Chair Jefferson: rate cut aimed at keeping US job market strongFed Vice Chair Jefferson: Sept rate cut was ‘timely’Mass. Appeals Court Declares Winner in Longstanding Land-Use Dispute Between Northeastern University and Town of NahantArgentina September inflation seen at lowest since late 2021Fed’s Bostic says labor market slowing but not slow, jobs gains ‘robust’Dow Jones Today: S&P 500, Nasdaq Surge as Nvidia, Other Large-Cap Tech Stocks GainFirstRand Turns More Bullish on South Africa’s Economy, RandChile Inflation Undershoots Forecasts Before Rate DecisionOil retreats as investors pare bets on Middle East war risk after sharp rallyFed’s Williams says appropriate again to cut rates ‘over time’, FT reportsAre You Eligible for Passport Renewal Online?Emerging-Market Currency Rout Deepens as Traders Temper Fed BetsFed’s Musalem argues for more rate cuts, says data to drive easingsShort-Dated Muni Bonds Swoon as Fed Rate-Cut Bets RevisedStocks Fall as Traders Dial Back Fed-Cut Wagers: Markets Wrap
Wed. Oct 16th, 2024

Passive Income Expert: Here’s How I Make $27,000 Every Week

Oleg Elkov / Getty Images/iStockphoto

The term “passive income” has become a buzzword in recent years, one that essentially refers to the money you make on the side without having to do a lot of continuous work.

Earning passive income doesn't need to be difficult. You can start this week.

According to Abdaal, “investing in stocks is the easiest way to make any kind of passive income.” He said the easy part is that you just take money that would be simply sitting in savings and invest it for a greater return.

Who doesn’t want to be famous? You can easily start a YouTube channel as a way to bring in passive income. However, the real challenge comes in putting the time and effort to reach the numbers needed to make some income.

Learn More: 4 Ways the Middle Class Can Make an Extra $500 a Week From Home

Abdaal says starting a podcast is even easier than starting a YouTube channel, but the challenge comes in growing the number of listeners. You can use your phone to start the podcast or check out websites that help you start one. Brand deals often help podcasters make money.

What does becoming an affiliate marketer even mean? According to Abdaal, “affiliate marketing means that you are selling other people’s products, but you’re getting a percentage of the sales from those products.”

This also is relatively easy to start. You can sign up for a program like Amazon Associates and you are off and running. You then put a link to a product on your site or social media and earn some passive income from sales.

If you have an idea for an ebook or a download, this is another way to make passive income. You can create the item once and then sell it multiple times, since there are not necessarily costs associated with selling a digital product.

Why not create an online course and share your expertise? If you don’t want to create your own website or platform to host your online course, you can check out a place like Skillshare.

If you already have an existing audience, you can build a membership community to make passive income. You could try a monetization platform like Patreon to provide perks to your subscribers.

This one may take some more work than the other ideas we have described. You would need to create a business selling services or goods and then automate some of that so you make passive income. This includes using technology to automate parts of the business or hiring people to help you.

If you truly have the time and desire to build passive income, building an app or website can be a route that earns you a significant return on your investment. However, you will either need the technology skills to do it or hire outside help. Another idea is to create software and offer a subscription service.

More From GOBankingRates

This article originally appeared on GOBankingRates.com: Passive Income Expert: Here’s How I Make $27,000 Every Week

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