Is Passive Income a Scam or is any of the advice you hear online based in reality?
🇪🇺 Best broker in Europe (ETFs): https://angelo.fi/ibkr

Lately it feels like YouTube is full of passive income videos. Most popular finance YouTubers seem to constantly talk about their best passive income ideas in 2023 and how they make (enter random amount of money) every week. Is it all a scam or is any of it real?

To answer this question, let's review what four of the most popular YouTubers @GrahamStephan, @AndreiJikh, @aliabdaal and @marktilbury recommend you can do to generate passive income, find out if it actually exists in Europe and if yes, go over the few truly passive options that don't require you to start a side hustle in pursuit of financial independence and early retirement.

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📌 Mintos (50€ bonus): https://angelo.fi/mintos
📌 Income (1% bonus): https://angelo.fi/income
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00:00 Does Passive Income Truly Exist or is it a Scam?
00:45 67k per Week in Passive Income
03:30 27k per Week
04:31 Passive Income Ideas
06:12 How to Invest for Passive Income
06:58 A Side Hustle is NOT Passive
07:16 Truly Passive Income Options for European Investors
07:33 #1: Dividend Stocks and Dividend Yield ETFs
09:17 #2: REITs vs. Physical Real Estate Investments
10:51 #3: Peer-to-Peer Lending
11:27 What You Really Need To Generate Passive Income
12:09 #4: Interest On € Bank Deposits
12:52 #5: Bonds
13:31 #6: Xtrackers EUR Overnight Rate Swap UCITS ETF

ETFs mentioned (ticker symbols in brackets):
Vanguard FTSE All-World UCITS ETF Distributing (VWRL or VGWL)
Fidelity Global Quality Income UCITS ETF (FGEQ)
VanEck Global Real Estate UCITS ETF (TRET)
HSBC FTSE EPRA NAREIT Developed UCITS ETF (HPRD)
iShares Developed Markets Property Yield UCITS ETF (IWDP or IQQ6)
Xtrackers II EUR Overnight Rate Swap UCITS ETF (XEON)
👉 You can buy them using the two best low-cost brokers in Europe IBKR (https://angelo.fi/ibkr) and Trade Republic (https://angelo.fi/trep)

Our main ETF: Vanguard FTSE All-World Accumulating (ISIN: IE00BK5BQT80, Ticker: VWCE)

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Disclaimer: I am only sharing my own experience. I'm not a financial advisor and you should always do your own research and due diligence before investing. Investing involves risk of losses.