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What should I invest in for residual income?

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What should I invest in for residual income?

Passive Income Ideas Requiring an Upfront Monetary Investment

  • Dividend Stocks.
  • Rental Properties.
  • High Yield Savings Accounts And Money Market Funds.
  • CD Ladders.
  • Annuities.
  • Invest Automatically In The Stock Market.
  • Invest In A REIT (Real Estate Investment Trust)
  • Invest In A Business.

How can I get residual income in Nigeria?

Here are the legit ways to make passive income in Nigeria and earn daily:

  1. Affiliate Marketing. A market is basically a place where people buy and sell.
  2. Dropshipping.
  3. Forex Trading.
  4. Blogging.
  5. Social Media Influencing.
  6. Investing in Real Estate.
  7. Building Online Courses.
  8. Sell Photos Online.

What can I invest in to make money fast in Nigeria?

20 ways to invest your money wisely in Nigeria

  1. Online Investment Apps.
  2. FGN Savings Bond (FGNSB)
  3. Stocks.
  4. Online Agric Investment Portals.
  5. Mutual Funds.
  6. Stanbic IBTC Equity Fund.
  7. ARM Aggressive Fund.
  8. Stanbic IBTC Money Market Fund.

Where can I make money in Nigeria?

10 Awesome Ways To Make Money Online In Nigeria (2020)

  • Publish Books Online.
  • Sell Designs & Creatives Online.
  • List on Property Websites.
  • Start a Blog or a Vlog.
  • Sell on E-commerce Websites.
  • Affiliate Marketing.
  • Offer Professional Services Online.
  • Become a Virtual Tutor.
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How can I make residual income in 2020?

Here are a few passive income strategies to help you build up your personal wealth.

  1. Earn Points from Online Purchases.
  2. Make Your Car Work for You.
  3. Get a High-Yield Savings Account.
  4. Rent out a Room in Your House.
  5. Invest in Crowdfunded Real Estate.
  6. Invest in Dividend Paying Stocks.
  7. Peer-To-Peer Lending.
  8. Affiliate Marketing.

How can I invest 50K in Nigeria?

What Business Can I Start With 50K In Nigeria?

  1. Noodle Stand. Starting a noodle stand is a business that is quite profitable in many parts of Nigeria.
  2. Soap Production.
  3. Perfume Oil Sales.
  4. Thrift Shop.
  5. Popcorn Production Business.
  6. Mini-Importation Business.
  7. Become A Used-Car Seller.
  8. Start A Printing/Branding Business.