4 ways of creating passive income with $1000

The easiest and probably most common method is to use your $1000 to buy Dividend stocks. A stock represents a small ownership in a company, in exchange for being a small owner in the company you will get a tiny amount of the companies earning. This is usually paid out every quarter as dividends. There are plenty of dividend stocks out there with varying amounts of profit. The second way to make passive income with $1000 is Index Funds. An Index fund is a collection of companies that you can…

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