Description
Unlock Financial Freedom: Proven Strategies to Build Wealth with Passive Income For Dummies
In Passive Income For Dummies, bestselling author, national speaker, popular investing and business educator, and the author of Stock Investing For Dummies, Paul Mladjenovic delivers an exciting and practical new guide to building consistent income streams that work for you. He introduces a broad collection of passive income strategies that fit into all sorts of lifestyles, including selling digital products and earning with affiliate links to investing in dividend-paying stocks and launching subscription-based services.
Mladjenovic draws on over four decades of personal and professional experience building online and offline income streams to show you exactly how you can set up and automate your own. You’ll find step-by-step playbooks and proven examples that work in today’s competitive economic realities. Most importantly, many of the techniques he offers don’t require thousands and thousands of dollars to get off the ground. You can get started building a more prosperous future today even with small amounts!
Inside the book:
- Digital and offline tools and resources that will help you stay on track as you build more income and financial independence
- Easy-to-understand, jargon-free advice for combating inflation, navigating the gig economy, and joining the creator class
- Create multiple streams of income like the most successful investors!
- Hands-on info that helps you manage risk and avoid scams, dead-ends, and common mistakes
Perfect for everyone looking to supplement their income and build a more financially secure and flexible future, Passive Income For Dummies is an invaluable strategy guide for retirees, freelancers, part-time workers, content creators, investors, students, and entrepreneurs everywhere.
Table of Contents
Introduction 1
Part 1: Getting Started with Passive Income 5
CHAPTER 1: Passive Income 101 7
CHAPTER 2: Making Passive Income Part of Your Retirement 17
CHAPTER 3: Investing versus Business Strategies 27
Part 2: Regular Passive Investing 37
CHAPTER 4: Interest Income 39
CHAPTER 5: Dividend Income 53
CHAPTER 6: Advanced Dividend Strategies 65
CHAPTER 7: Dividend ETFs and Mutual Funds 79
CHAPTER 8: Annuities 93
Part 3: Passive Income Alternatives 101
CHAPTER 9: Real Estate Income 103
CHAPTER 10: Covered Call Options 117
CHAPTER 11: Put Options 131
CHAPTER 12: Closed-End and Enhanced Income Funds 141
Part 4: Business Strategies for Passive Income 151
CHAPTER 13: The A/B Strategy 153
CHAPTER 14: Publishing Income 161
CHAPTER 15: Online Education 171
CHAPTER 16: Affiliate Marketing Strategies 183
CHAPTER 17: Tackling Taxes on Your Passive Income 193
Part 5: The Part of Tens 209
CHAPTER 18: Ten (or So) Passive Income Investments 211
CHAPTER 19: Ten Passive Income Business Strategies 221
CHAPTER 20: (Almost) Ten AI Tactics for Passive Income 227
Part 6: Appendixes 235
APPENDIX A: Investing Resources 237
APPENDIX B: Business Resources 245
Index 253
