Side Hustles that actually work by Godfrey Onyango - HTML preview

The Power of Compounding

If you invest $500/month in a dividend portfolio averaging 4% yield, after 10 years you'll have approximately $73,000 invested, generating $2,920/year in dividends. After 61

SIDE HUSTLESTHAT ACTUALLY WORK

20 years: $183,000 invested, generating $7,320/year. After 30 years: $349,000

invested, generating $13,960/year.

Real Estate Investing

Real estate offers multiple paths to passive income: REITs (Real Estate Investment Trusts): Like stocks but for real estate

Must distribute 90% of income to shareholders

Typical yields: 3-8%

Can start with any amount

Rental Properties:

Higher returns but requires more capital

Typical cash flow: $200-500/month per property

Property management can make it passive

Real Estate Crowdfunding:

Platforms like Fundrise, RealtyMogul

Start with $500-1,000

Returns: 8-12% annually

Other Passive Income Investments

Investment

Typical Return