“Should I buy and hold or trade?” Well, why not do both? I have two portfolios: A “buy and hold” and a “buy to trade portfolio. Let me tell you about them. My Buy to Hold Portfolio This “Buy and Hold” portfolio mainly consist of USD dividend-paying US stocks and ETFs like the broad market […]
Creating a second source of INCOME
Income Obtaining a second source of income all starts with an idea , one of the most potent forms of power that exists. I learnt from a TED-Ed that “power is the ability to have others do what you would have them do”. Is that not what all businesspeople want: the ability to make others […]
I manage 134 Airbnb rentals. Here’s how I use the ‘rent-to-rent’ strategy to earn a passive income without having to buy property.
Ryan Luke used the rental arbitrage, or rent-to-rent strategy, to scale his Airbnb portfolio faster. This story is available exclusively to Insider subscribers. Become an Insider and start reading now. Ryan Luke used a lease-option deal to get a property he could rent out in March 2019. Having not found a tenant, he put the […]
Here’s 1 penny stock to buy now and hold!
One penny stock I am considering for my portfolio right now is Lookers (LSE:LOOK) . Here’s why. Automobile dealer Lookers is a multi-franchise car dealer group with relationships with over 30 car manufacturers throughout the UK and Ireland. It has roots stretching back to 1908, when it was founded by John Looker, and it has […]
Earn up to 6.3% Passive Income From 2 Stocks With Economic Moats
The TSX isn’t off to a great start in 2022. However, it’s still the best marketplace to earn passive income to cope with rising inflation . If you don’t want to lose sleep over your investments, consider making BCE (TSX:BCE) (NYSE:BCE) and Enbridge (TSX:ENB) (NYSE:ENB) your anchor holdings. Both companies are not only industry leaders […]
How to earn passive income from NFTs (it may be a bit complicated)
Non-fungible tokens can seem like they’re all the rage . Since grabbing hold of the internet’s attention in the last few years, investors and generally curious people alike have been trying to figure out what exactly they are, and how they can make bank with them . Even celebrities are getting in on the trend. […]
Believe It or Not, These Stocks Pay You to Own Them
Key Points Dividend stocks can be a smart way to generate passive income. There are a few things to consider before you buy, though. Choosing the right investments is key to building a strong portfolio. Choosing the right investments is critical to building a healthy portfolio, but that can sometimes be challenging when there are […]
The 10 Best Side Business Ideas for Full-Time Workers
Earning extra money through a side business has become quite mainstream these days. If you want to become an entrepreneur, starting a side business is a great way to get started. It also lets you pursue a hobby productively and offers you an opportunity to try something apart from the nine-to-five job. Here are some […]
How to earn passive income from NFTs (it may be a bit complicated)
Non-fungible tokens can seem like they’re all the rage . Since grabbing hold of the internet’s attention in the last few years, investors and generally curious people alike have been trying to figure out what exactly they are, and how they can make bank with them . Even celebrities are getting in on the trend. […]
Retirees: 2 Top Dividend Stocks for Passive Income
Many Canadian retirees have been concerned about their investment returns since the onset of COVID-19. The global health crisis disrupted financial markets, throwing a spanner in the retirement plans for many older Canadian citizens. From being months away from retirement, many Canadian seniors may have even considered working even after their ideal retirement age to […]