Passive Income

If you have absolutely no savings, you’re not alone. Millions of Canadians have set aside little to no cash for retirement or emergencies. That’s perfectly fine considering the government’s generous safety net can protect you and your family from financial disaster. However, creating a source of passive income could give you something the government cannot: freedom.  With a substantial flow of passive income every year, say $25,000, you could ditch… Read More »Make $25000 in Passive Income Starting With Just $0 – The Motley Fool Canada

Reuters China’s Sinopec flips to quarterly profit on robust refining business Top Asian oil refiner Sinopec Corp swung to a record quarterly profit in July-September, a company filing showed on Wednesday, thanks to a robust refining business and earnings from the spin-off of pipeline assets. The firm posted net income of 46.39 billion yuan ($6.92 billion) during the three months, nearly quadruple the level a year earlier, Sinopec said in… Read More »3 steps to help me make a passive income after the market crash – Yahoo Finance UK

The pandemic and its effects on the economy have shown us the importance of creating multiple income streams. In case you lose your job, you need to ensure that you have some way to cover your expenses. The Canada Revenue Agency (CRA) distributed Canada Emergency Response Benefit (CERB) payments, and it is now providing support through the Canada Recovery Benefit (CRB). However, these benefits come with several conditions, and they are… Read More »Earn $1,000 Monthly Passive Income With This 1 Dividend Stock – The Motley Fool Canada

Be a SimpleFX affiliate today to start your campaign Did you know that anyone can make passive income with SimpleFX? Affiliate marketing is one of the easiest ways to generate profit online. SimpleFX has the best affiliate program compared with other brokers. With up to 25% lifetime revenue share, you are sure to cash out more! SimpleFX is the go-to app for mobile traders with over 200 symbols in different asset… Read More »Get passive income just by sharing the SimpleFX US election banners – ForexLive

Personal Finance Insider writes about products, strategies, and tips to help you make smart decisions with your money. We may receive a small commission from our partners, like American Express, but our reporting and recommendations are always independent and objective. Over the past few months, I’ve grown curious about the best use of money I’ve budgeted for investments. I’ve slowly, over the past year, put small amounts of money into… Read More »I asked 3 financial experts if I should invest in the stock market or buy a rental property, and they all said I should become a landlord – Business Insider

Reuters French COVID tracing app needs more downloads to be effective: minister France’s new COVID-19 contact-tracing app needs to be downloaded by at least 20% of the population to be effective but is far from reaching that level for now, the minister for digital affairs said on Sunday. On Oct. 22, France relaunched its “StopCovid” tracing app and renamed it “Tous Anti-Covid” (all against Covid), which has since seen an… Read More »No savings at 40? I’d buy cheap UK shares in an ISA to make a passive income in retirement – Yahoo Finance UK

For Quick Alerts Subscribe Now   For Quick Alerts ALLOW NOTIFICATIONS   For Daily Alerts Investment oi-Olga Robert | Updated: Saturday, October 24, 2020, 10:08 [IST] With early planning, you can create multiple streams of income besides your primary source (your full-time day job), that may require initial capital and work initially but help you bring consistent revenue in the later years, without much effort. These are passive sources of… Read More »6 Passive Income Sources To Build Wealth – Goodreturns

Retirement By Mark Ford Originally posted October 23, 2020 on Manward Press I consider myself to be an expert of sorts on retirement. Not because I’ve studied the subject, but because I’ve retired three times. Yes, I’m a three-time failure at retiring. But I’ve learned from my mistakes. Today, I’d like to tell you about the worst mistake retirees make. It’s a common mistake… yet I’ve never heard it mentioned… Read More »Don’t Make This Common but Very Costly Mistake in Retirement! – Investment U

As of 2019, the average hourly wage across Canada stood at about $26 per hour. But what if you could make that each and every day by investing in passive income? That would mean, along with your basic hourly wage, you would be bringing in an additional $9,490 in annual income! Passive income doesn’t have to be risky, even in today’s market. All you have to do is find the… Read More »Passive-Income Investors: How to Make $26 Per Day in 2020 – The Motley Fool Canada

Bloomberg Stocks Erase Gains With Stimulus Odds Still Long: Markets Wrap (Bloomberg) — U.S. stocks turned lower as investors rewarded positive corporate earnings but remained on edge as aid talks showed little progress and coronavirus cases rose. The dollar strengthened.The S&P 500 retreated, with technology shares leading the decline. Tesla Inc. climbed after the electric carmaker reported a fifth consecutive quarter of profits. AT&T Inc. advanced after the phone giant… Read More »Forget buy to let! I’d invest in these cheap UK shares for a passive income – Yahoo Finance UK