$10 Money Buckets And Passive Income
Based on the work I completed so far with my first $10 money bucket test I want to reduce my risk and do less work next time. So while doing my research I want to focus on ideas that produce passive income.
Interest - I could invest the $10 in a PayPal account and earn about 5%, but at that low rate it will take forever to double. SO that is out.
Commission - Yes, this will fit. I have some ideas, but no details for now.
Rental Fee - Who would rent something they can buy for $10?
Royalty - Not from a $10 investment.
Digital - Yes, this is another idea that could work.
Work of Others - Again, yes I could pay someone $10 to do something then sell it for $20 or more.
As I said before this is a very fun project, many thanks to all those who are following along.
Take Care,
Michael





