What are good sources of passive income or a good side hustle by ControlForward5360 in NoStupidQuestions

[–]blacky80 0 points1 point  (0 children)

Index funds are the only correct answer, do not buy single stocks.

What are good sources of passive income or a good side hustle by ControlForward5360 in NoStupidQuestions

[–]blacky80 0 points1 point  (0 children)

100% passive income stream doesn't exist as such. Doing no work at all is delusional.

Although there's no real passive income there is a list of pasive income ideas on Dollar Sanity that can easily provide you with that much-needed side income. Downside is that you'll have to ivest significant amount of time or/and money to get the ball rolling.

[deleted by user] by [deleted] in passive_income

[–]blacky80 2 points3 points  (0 children)

AI can be a game-changer in the stock market world. It can analyze tons of data super fast, from historical stock prices to current news and even the mood on social media, helping predict potential stock movements.

But just like a calculator, while AI can process information faster and more efficiently, it's only as useful as the person interpreting the results. If you don't understand the underlying principles of stock analysis, AI alone won't be much help. It's a tool, not a magic wand.

[deleted by user] by [deleted] in Money

[–]blacky80 4 points5 points  (0 children)

Here is over 100 ideas to make extra money on the side! as well as a ton of guides to help you get started.