online passive income ideas 2020

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Sure, there are various online passive income ideas that were popular in 2020 and many of which are relevant today. Here are some:

  1. Affiliate Marketing: Promoting products or services and earning a commission for every sale made through your unique affiliate link.

  2. Creating and Selling eBooks or Courses: If you have expertise in a particular field, you can create eBooks or online courses and sell them on platforms like Amazon Kindle Direct Publishing, Udemy, or Teachable.

  3. Stock Photography/Videos: Selling your photographs or videos on stock websites like Shutterstock, Adobe Stock, or Getty Images can generate passive income over time.

  4. Dropshipping: Running an online store without keeping inventory. You sell products, but the supplier handles the shipping and inventory management.

  5. Creating a Blog or YouTube Channel: Generating revenue through ads, sponsorships, or affiliate marketing by creating content around a niche you're passionate about.

  6. Real Estate Crowdfunding: Investing in real estate properties through crowdfunding platforms like Fundrise or RealtyMogul can provide passive income through rental income or property appreciation.

  7. Peer-to-Peer Lending: Investing in loans through platforms like Prosper or LendingClub and earning interest as borrowers repay the loans.

  8. Dividend Stocks: Investing in stocks that pay dividends can provide a regular stream of passive income through dividends.

  9. Creating an App or Software: If you have coding skills, creating an app or software and putting it up for sale on platforms like the App Store or Google Play can generate passive income.

  10. Selling Digital Products: Creating and selling digital products like printables, templates, or artwork on platforms like Etsy or your own website can generate passive income.

Remember, while these ideas have the potential for passive income, they often require initial effort, time, and sometimes money to set up and maintain before they become truly passive. It's essential to find the right fit for your skills, interests, and resources

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