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4 Proven Ways to Make Passive Income in 2020 ( I Made Over $2000 Part-Time)

In this video, I'll share with you how I make passive income and how you can too! I'll start off with the most effortless way of making passive income and work my way to my most tedious but biggest passive income source. 1) Savings Account Find the highest savings account in your area, having that extra percent or two in savings compounded over time is HUGE! In my case, it's the Jumpstart Savings Account in Singapore 2) Index ETF Fund Known to outperform most fund managers, the Index ETF Fund provides a good amount of dividends and growth potential over the long run and has averaged a return of 7-10 percent compounded annually! (How amazing is that!) 3) Youtube Adsense In my other channel, I make Badminton Videos to help people play better badminton safely! I average approximately 300k views per month. I realized that help type of content tends to generate relatively consistent traffic and that has earned me around $400 per month! 4) Automated Business Income By automating a business, you can consistently generate income every month! The key pillars that my mentor taught me to automate are 1. Marketing & Sales 2.Operations 3.Accounts And that has been life-changing! Additionally, I'm going to share with you 3 additional Passive Income Ideas that I want to try out in 2020 and I'll keep you posted on my results! 1) Affiliate Marketing 2) Online Courses 3) Merchandising Ideas? Comments? Leave them down below! Subscribe to see More:    / @geraldong   If you have any questions, leave them down in the comments section and I’ll get back to you! Chao Chao!