Researchers investigated to find an average American user spends around 23 hours a week online amounting to nearly 14% of the total time in a week either emailing, texting and using social media or any other forms of online communications. Young Americans in the age group of 15 years to 19 years old have mostly resorted to being online most parts of the day playing games than adults of 35 years or above. Young adults usually log in to find themselves in a chat room trying to overcome the boredom after college hours or after your usual office engagement. But wait, you can make your life more exciting been online at the same time makes some passive income online to meet your daily expenses.
Paid focus groups and participate in online surveys fetch you money
Just be you, and fill up a survey form to earn money. Marketers do involve online surveys to learn to target products at the right person or companies. Options furnished from your side do matter a lot to them. This reduces their advertising expenses and just a minimal percentage of expense goes towards surveys and paid focus groups. Just by investing a few minutes of your time you duly get back monetary return. There are various online paid survey sites like My Survey, Toluna, Ipsos I say, Inbox Dollars to name a few for passive income generation by an online survey. These prospective may not fetch you huge profits in a single day. But in the long run by investing your precious time and hardly any capital you are sure getting a handful of income at the end of the month to secure your future.
Also Read: How to start a Business in a Foreign Country
Making passive income from your website
There are various ways to monetize the website like selling advertising space. The bid per click business prospect is quite lucrative is per 1000 clicks or paid per time frame. The most common in this potential is Google adwords. You can also shift from adwords by selling space of your page depending on more traffic on your website and the placement of the ad on a particular page. It is more advisable with a high rate of placement of ad rates than numerous ads make the page clumsy. The websites created can be more industry focused to draw and retain more online browsers. Industries can pertain to job search, automobiles, education, technological innovations etc.
Dividends over stock investments
Are you a business savvy person, tracking the day to day stock market activities of different companies on the Stock Exchange? Have you formulated an idea of share prices of companies, its fluctuations when it is the best time to invest or sell your existing shares for a profit? If so you can easily pave your path towards a passive income scenario. You can start up initially with same small capital investments and gradually aim for an upward rise on your career graph. To research up there are various websites yahoo finance, Investopedia, MSN money, The Street and likewise. Just browse in your free time making a note of the scenario and investment to get back more currency.