Qn from the community: Hi, could fellow members share what are the ways to earn passive income (be it needing some work put in or purely passive)?

Not much but my 11-12 active referrals at Cointiply (a crypto faucet site) bring me 10-20 cents every day haha

My passive income came from dividends collected from stocks and Singapore Saving Bonds. Recently. I found out a new way to earn passive income, through the Stock Yield Enhancement Program offered by my brokerage (Interactive Brokers). In summary, it means lending your shares to your brokerage so that they can lend them out to others who need to borrow them and thus earn interest from the borrower. More details here:

https://learninginvestmentwithjasoncai.com/2022...

1 Syfe reit+

2 reit etf

3 unit trust with monthly dividend

1) Syfe REIT+

If you wish to receive the distributed dividends, you need minimum 20K. Otherwise, dividends will automatically be re-invested for any amount less than 20K. Annualised dividend yield I believe is around 4-5%. Lump sum or DCA works well.

2) Allianz Income and Growth

My most favourite unit trust. Suggest to invest with Endowus Fund Smart platform (Cash/SRS) to reduce your overall fees. Endowus rebates to their retail investors the trailer fee which is good - Overall lower fees. Why my favourtie unit trust? A capital of 7K in this fund gives approximately $50 monthly dividend. Annualised dividend yield works out to be about 7-9%. The lower the NAV price, the higher the annualised dividend yield. The dividends are distributed monthly. My recommendation is to let the dividends be re-invested automatically so that your average cost price will be even out in a matter of months no matter how the market performs. 33% US equities 67% US high yield bonds. A nice mix of US equities and bonds. Lump sum or DCA works well. Suggest DCA with current market conditions.

Hope my recommendation works for your risk profile.