Passive Income

When I last wrote about RYLD (Global X Russell 2000 Covered Call ETF), my focus was on how it had become a cornerstone of my passive income strategy through its consistent dividends. In that December 2020 piece, I outlined why RYLD’s approach to generating income resonated with my investment philosophy, especially in an unpredictable market. Fast forward to January 2024, and you might wonder: With the market’s roller coaster ride these past years, do I still hold RYLD in my portfolio? The answer is a resounding yes. Despite some short-term underperformance, which is not uncommon in any investment, my belief in RYLD’s role in a long-term passive income strategy remains unshaken. ...

Since late 2020, I have been an investor in the covered call ETF, QYLD, and I remain long. This fund has been a cornerstone in my portfolio, primarily due to its impressive 12% dividend yield, aligning seamlessly with my goal of building a stable source of passive income. The best part of owning QYLD for all these years are the monthly payouts and the generous $2.05 per share as I move toward a $100,000 passive income stream. ...

Hyper-scaling niche websites can be a lucrative way to generate a significant amount of profit. A niche website is a website that focuses on a specific topic or interest. To hyper-scale a niche website means to expand it rapidly and exponentially. Here are some tips on how to hyper-scale niche websites for profit: Focus on a specific niche: When it comes to niche websites, it’s important to focus on a specific niche rather than trying to cover a broad range of topics. By focusing on a specific niche, you can establish yourself as an authority in that field and attract a targeted audience. Produce high-quality content: One of the most important factors in hyper-scaling a niche website is producing high-quality content. The content should be informative, engaging, and valuable to the audience. It’s also important to publish new content on a regular basis to keep the audience engaged. Use SEO strategies: Search engine optimization (SEO) is crucial for hyper-scaling niche websites. By optimizing your website for search engines, you can increase your visibility and attract more traffic. This can be achieved through keyword research, meta tags, and backlinks. Leverage social media: Social media can be a powerful tool for hyper-scaling niche websites. By leveraging social media platforms like Facebook, Twitter, and Instagram, you can increase your reach and attract more traffic to your website. Monetize your website: To generate profit from your niche website, you need to monetize it. There are several ways to monetize a website, including display advertising, affiliate marketing, sponsored content, and selling products or services. Automate processes: To hyper-scale a niche website, you need to streamline your processes and automate as much as possible. This includes automating social media posts, email marketing, and other repetitive tasks. In conclusion, hyper-scaling a niche website takes time, effort, and dedication. By following these tips, you can create a successful niche website that generates significant profit. Remember to stay focused on your niche, produce high-quality content, optimize for SEO, leverage social media, monetize your website, and automate processes to streamline your operations. ...

A market crash can be a frightening event for investors, causing significant losses in a short period. However, with the right strategies in place, you can protect your investments and wealth during turbulent times. In this article, we’ll discuss how to safeguard your assets and maintain financial stability during a market downturn. Let’s dive in! Diversify Your Investment Portfolio One of the most critical strategies to protect your investments during a market crash is diversification. By spreading your investments across various asset classes, such as stocks, bonds, real estate, and cash, you can reduce the overall risk of your portfolio. Diversification helps ensure that your assets don’t move in the same direction simultaneously, minimizing potential losses. ...

Stacking silver has become an increasingly popular hobby and investment strategy for people seeking to diversify their financial portfolios, hedge against inflation, and engage in a fun, rewarding pastime. This guide will walk you through the basics of stacking silver, including the types of silver to invest in, the advantages of silver stacking, and how to store and manage your growing silver stack. Stacking Silver There are several reasons why stacking silver can be a smart and enjoyable pursuit. Silver is a tangible, finite resource with intrinsic value, making it an attractive investment compared to more abstract financial instruments such as stocks or bonds. Additionally, silver has a long history of maintaining its value during times of economic uncertainty and inflation, providing a potential hedge for your overall investment portfolio. ...

This short post is just a way to get my thoughts down on “paper” about using Hugo to hyper-scale niche websites. I’ve been researching niche websites and their ability to capture niche traffic to generate passive income. Yes, the name of the game is to build up a net monthly passive income of around $10,000. To get to that level of income I need to find a niche topic that will allow me to capture long-tail keyword traffic, then monetize each page, and optimize SEO. Out of the box, Hugo is very SEO friendly but you still need to work at it. On top of that, you’ll need to tweak a lot of its themes. The thing with Hugo is that it does include the batteries but you kind of need to know where to put them and in what order. ...

I’ve stopped posting about my various investments that I use to generate passive income because no one cares. Sure they want to find out some ideas but there’s plenty of ideas to glean from StockTwits or Reddit forums. Right now everyone is focused on the meme stocks like $BB or $GME, but those are flashes in the pan. Just the normal noise in the market every day. I’m doing pretty damn great for 2021. ...

I’m done with my Medium vs Adsense experiment here. This is all part of a passive income strategy evaluation game I’m playing. I’m trying to see if I can build a $100,000 a year passive income portfolio. I know it will take time but I like playing these kind of games. Right now I’m evaluating a mix of different things such as dividend-producing stocks, web monetization, and Adsense. So far for February, Adsense is beating the pants off my Medium income. ...

I’ve been hearing a lot of talk lately about the Roaring 20’s and how they’re here now. I guess people are seeing a market near all-time records and are getting scared. Is 1929 right around the corner? Should you buy now? Sell? …and by passive I don’t mean lazy. What a great question! You know that there’s no right or wrong answer here. What’s my advice? Read this book (affiliate link) and then go do your favorite hobby. ...

A GitHub repo on how to check for expired domains with good reputation. This is good for building up good SEO. Domainhunter