Hi. Thank you for coming back again for the last part of this multipart series. It has been a while since we last wrote. However finally here we are with the last part. This is the 12th part which is also the last part of this multipart series. It is about using financial product-based passive income ideas. Before we get into this part, if you have not read the previous parts of this multipart series, please read them below.
- Passive Income Ideas (Part 1 – Investments).
- Passive Income Ideas (Part 2 – Real Estate).
- Passive Income Ideas (Part 3 – Digital Products & Content).
- Passive Income Ideas (Part 4 – Online Presence).
- Passive Income Ideas (Part 5 – Automated 💼 Business / Side Hustles).
- Passive Income Ideas (Part 6 – 📦 Assets You Already Own).
- Passive Income Ideas (Part 7 – 🧠 Knowledge & Expertise).
- Passive Income Ideas (Part 8 – 🛒 E-commerce).
- Passive Income Ideas (Part 9 – 🌍 Sustainability / Eco-Income).
- Passive Income Ideas (Part 10 – 🎨 Creative & Artistic Monetization).
- Passive Income Ideas (Part 11 – 🧬 Niche / Oddball Ideas).
Financial Product-Based Ideas.
Now that you have read the previous parts of this series, its time to dive into this part. Without wasting any more time, we will dive straight into it.
Idea #63. Structured Notes.
Structured notes are investment products with custom risks and custom return. They combine traditional investments like bonds with derivatives to offer customized risks/returns.
They are designed to meet specific investor needs. Such investor needs include capital protection, enhanced returns or exposure to certain assets or markets.
Idea #64. Annuities.
Annuities are financial products that offer a guaranteed income stream. They are usually offered by insurance companies for investors to buy. This is usually for the retirees to make sure that they can keep getting an income even in retirement.
Normally, you invest a lump sum for one time or you make given payments over a period of time. In return, the insurer pays you a regular income either for a given period of time or for life.
They can be fixed, variable or indexed. This depends on how returns and payments are determined. Hence this is a great way of investing in making sure you have a guaranteed income. This is especially in your older days when you will not be having another income.
Idea #65. Covered Calls.
Covered Calls are an options trading strategy where an investor owns a stock and sells a call option on that same stock.
This generates extra income (the option premium) but it limits upside potential. This is because if the stock price rises above the option’s strike price, the stock may be sold at that price. It’s used to boost returns in flat or mildly bullish markets.
Idea #66. Real Estate Notes.
These are legal agreements representing a loan made to purchase real estate.
When you invest in a real estate note, you’re essentially acting as the lender. This means that you are earning income from the borrower’s interest payments. These notes are backed by the property as collateral. They can offer regular cash flow, but come with risk if the borrower defaults.
Conclusion.
And now you know 66 passive income ideas that you can use to make money with. This article marks the end of this long running multipart series about passive income ideas. From the beginning up to this part, we have covered 66 passive income ideas. Just check out the one that works for you and try it. I am sure out of 66 ideas you cant fail to find a few that work for you.
For this multipart series, we thank you for walking with us from part one all the way to this 12th part. Come back again tomorrow for another article. Not in this series though. Just another independent article that will make your life better by teaching you how to make money online.
