Latest news with #passiveIncome
Forbes
3 days ago
- Business
- Forbes
Turn These 3 ChatGPT Prompts Into Passive Income Within Hours
You don't need to learn code or be a tech nerd to start making money with AI. All you need are a few simple ingredients that you can easily access: These powerful prompts help you implement the right system so you can develop a passive income product in just a few hours, making it easy for anyone, regardless of experience level, to boost their salary or create an entirely new salary from passive income products alone. AI is already disrupting the workforce at scale. Millions of workers have been and are being displaced as it continues to roll out and be implemented across organizational workflows and departments. You've likely seen layoffs at your organization, or have been worried that you'll be the next target of a layoff because of AI and "efficiency". At the same time, the job market is getting tougher. Many find it difficult to regain their professional balance after being laid off, leading to being stranded in several months, even more than a year in some cases, of unemployment and heavy financial strain. However, it's essential to remember that AI is not your enemy. Analysts at the World Economic Forum project that despite layoffs, the effects of automation and new technology will produce 170 million new jobs. At the same time, there is an uptick in freelance workers, with solopreneurs making up more than half of the U.S. workforce by 2027, according to Statista. This creates a situation where AI can actually work in your favor, if you approach it correctly and have a system or strategy in place. You can create your own job from your skills, and make money relatively quickly compared to waiting to be hired by an employer--using ChatGPT to help you develop, deploy, and scale, rapidly. The ChatGPT prompt workflow in this article works because it is: Prompt 1: From my background in [your previous or current job/discipline] I have [skill]. My previous results included [name your results, wins, achievements]. Here are some things I learned [list your experiences and key insights]. List some potential target audiences that I can reach with my expertise, and their pain-points. Prompt 2: What digital products can I create from this information, that can sell and generate passive income? Give me an outline of what the first one would look like. (You might want to give it some follow-up prompts to help you create the product in further detail.) Prompt 3: Give me a 30-day LinkedIn [or other social media platform] engagement strategy to market this product before, during, and post-launch and get people familiar with who I am, positioning me as a thought leader, expert, and the go-to for their questions about [name the pain-point]. 1. Copying and pasting ChatGPT verbatim. Problem: This is annoying to others, lacks personality, depth, and originality, and is a cheapened, bogus, unethical approach to building your career and business. Solution: Incorporate your tone of voice and personality. Fact-check everything it produces, and allow sentences to blend and flow naturally instead of following the same pattern all the time. And don't forget to inject your personal experiences and stories. 2. Building a digital product for passive income based on ChatGPT-based research only. Problem: Generative AI is sometimes inaccurate and the information it gives can be outdated, with the occasional hallucination. It's not possible to conduct in-depth research with ChatGPT alone. You need a variety of real-time sources. Solution: Use Google Trends, industry reports, and pay attention to LinkedIn, social media, and wherever your target clients hang out, so you can figure out what they need and create a targeted solution that sells while you sleep. 3. Thinking passive income = one-time effort. Problem: One of the most common misconceptions about passive income is that it is done once and lasts forever. That's technically not the way it works. Solution: Passive income products (like courses, e-books, templates, etc.) require ongoing marketing efforts to ensure consistent sales. This is the only way you can actually create a career from this. Otherwise no one will know that you exist, or you'll have short-term hype that is insufficient for tangibly boosting your income. Some examples of digital products that can earn you passive income include: Once you have the outline and guidance from ChatGPT, you can then start developing your product quickly, using these tools and platforms: It all starts with a few simple ChatGPT prompts. That leads to a product idea. Then evolves to a tangible digital product. That then leads to establishing you as a leading voice in your industry. That ends with sales and unlimited income as you sleep. This is how you make ChatGPT work for you. Can I really build passive income with ChatGPT? Yes, if you follow the prompt workflow outlined in this article. It will take some time and consistency to start accruing sales, but it's worth the effort, especially if you're feeling unsettled with the job market right now. Do I need a massive audience or thousands of followers to make money with ChatGPT? No, initially you can start small, by selling where your audience is already present (online marketplaces), starting with people you already know, ensuring it's a top-notch product so you gain reviews and referral buyers, and boosting your reach through partnering with well-known voices in your field.
Yahoo
4 days ago
- Business
- Yahoo
5 Safe Dividend Stocks Yielding Over 5% You Can Buy Without Hesitation Right Now for Passive Income
These companies generate very stable cash flows to support their high-yielding dividends. They also have rock-solid balance sheets. Their strong financial profiles enable them to grow their businesses and increase their dividends. 10 stocks we like better than Enterprise Products Partners › Higher-yielding dividend stocks can produce a lot of passive income. However, one drawback is that a higher dividend yield can be a warning sign that the payout is at risk of a reduction. That's not always the case. Here are five low-risk dividend stocks with yields above 5%, which is more than triple the S&P 500's sub-1.5% dividend yield. Because of their lower risk profiles, you can confidently buy these higher-yielding dividend stocks for passive income right now. Enterprise Products Partners (NYSE: EPD) currently yields 6.7%. The master limited partnership (MLP), which sends investors a Schedule K-1 Federal Tax Form each year, backs that payout with a very stable cash flow profile and strong balance sheet. The midstream energy company's integrated network of pipelines, processing plants, storage terminals, and export facilities generates predictable cash flow backed primarily by long-term, fixed-rate contracts and government-regulated rate structures. The company produced enough distributable cash flow to cover its high-yielding payout by a comfy 1.7 times in the first quarter. Enterprise also has the strongest balance sheet in the energy midstream sector. The MLP has proved the durability of its high-yielding distribution over the decades by increasing it for 26 straight years. That streak seems likely to continue. Enterprise currently has $7.6 billion of major capital projects on track to enter commercial service through the end of next year. The incremental free cash flow from those projects will give the company even more fuel to continue increasing its high-yielding payout. Enbridge (NYSE: ENB) currently yields 5.8%. The Canadian pipeline and utility company produces stable cash flow to backstop that payout. Predictable cost-of-service agreements and long-term, fixed-fee contracts lock in 98% of its annual earnings. Its earnings are so predictable that Enbridge has achieved its annual financial guidance for 19 years in a row. Enbridge pays out 60% to 70% of its stable cash flow in dividends, retaining the rest to help fund expansion projects. Enbridge also has a strong investment-grade balance sheet with a leverage ratio trending toward the lower end of its target range. That gives it the flexibility to invest billions of dollars every year into expanding its oil pipelines, natural gas pipelines, natural gas utilities, and renewable power businesses. This growth gives it the fuel to increase its dividend, which Enbridge has done for 30 straight years. NNN REIT (NYSE: NNN) has a 5.5% dividend yield. The REIT focuses on investing in single-tenant retail properties secured by long-term, triple-net (NNN) leases. Those leases provide it with stable cash flow to pay dividends because tenants cover all property operating expenses, including routine maintenance, real estate taxes, and building insurance. The REIT has a conservative dividend payout ratio and balance sheet. It expects to produce $200 million in post-dividend free cash flow this year and has a sector-leading 11.6-year weighted average debt maturity. Those features give it lots of capacity to invest in new income-generating retail properties. It primarily buys properties through sale-leaseback transactions with its existing tenants. This strategy has steadily grown its income, enabling NNN REIT to raise its dividend payment for 35 straight years. Only two other REITs and fewer than 80 publicly traded companies have reached that milestone. Verizon (NYSE: VZ) has a 6.3% dividend yield. The mobile and broadband giant produces lots of recurring cash flow as customers pay their bills. Last year, Verizon generated $36.9 billion in cash flow from operations. That was enough money to cover its capital expenditures to maintain and expand its fiber and 5G networks, which accounted for $17.1 billion, and its dividend payment, accounting for $11.2 billion, leaving $8.6 billion in excess free cash flow to spare. That surplus enabled Verizon to strengthen its already rock-solid balance sheet. Verizon is also buying Frontier Communications in a $20 billion deal to bolster its fiber network, and its overall growth investments in 5G and fiber should support growing cash flows in the future. That should enable the company to continue increasing its high-yielding dividend. Last year, Verizon raised its payout for the 18th year in a row, the longest current streak in the U.S. telecom sector. Vici Properties (NYSE: VICI) has a 5.4% dividend yield. The REIT backs its payout with a high-quality real estate portfolio. Vici Properties invests in market-leading gaming, hospitality, wellness, entertainment, and leisure destinations. It leases these properties back to operating tenants under very long-term NNN leases, with a 40.4-year weighted average lease term remaining. The REIT pays out 75% of its stable income in dividends. It also has a rock-solid investment-grade balance sheet. These features give it the financial flexibility to invest in additional income-generating experiential real estate. Vici's growing portfolio has enabled it to steadily increase its dividend. It has raised its dividend in all seven years since its formation, growing its payout at a 7.4% compound annual rate, which leads its NNN lease peers. Enterprise Products Partners, Enbridge, NNN REIT, Verizon, and Vici Properties generate stable cash flow, which helps support their more than 5%-yielding payouts. These companies also have strong financial profiles, which allows them to invest in growing their businesses. That growth has supported steady dividend increases, which seems likely to continue. This combination of yield, financial strength, and growth is why you can buy any one of these high-yielding dividend stocks for passive income without hesitation right now. Before you buy stock in Enterprise Products Partners, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Enterprise Products Partners wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $653,702!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $870,207!* Now, it's worth noting Stock Advisor's total average return is 988% — a market-crushing outperformance compared to 172% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 9, 2025 Matt DiLallo has positions in Enbridge, Enterprise Products Partners, Verizon Communications, and Vici Properties. The Motley Fool has positions in and recommends Enbridge. The Motley Fool recommends Enterprise Products Partners, Verizon Communications, and Vici Properties. The Motley Fool has a disclosure policy. 5 Safe Dividend Stocks Yielding Over 5% You Can Buy Without Hesitation Right Now for Passive Income was originally published by The Motley Fool
Globe and Mail
5 days ago
- Business
- Globe and Mail
1 High-Yield Vanguard ETF That Is a No-Brainer for Income
Given the market volatility this year, there are likely investors out there who would prefer an investment strategy that avoids some of the stressful market swings that have started to become the norm. After all, the broader benchmark S&P 500 index has already experienced multiple swings of nearly 20% both up and down, enough activity to make anyone's stomach churn. One way to avoid some of the stress in today's market is to diversify your investments across a broad basket of stocks through an exchange-traded fund (ETF). It's even better if you find an ETF that can generate passive income because then you are still making money each quarter and every year with much more predictability. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Learn More » Here's one high-yield Vanguard ETF that is a no-brainer for passive income. This ETF has real energy The energy sector hasn't exactly crushed it this year. Many experts expect global oil prices to remain soft on weak demand, while the Organization of the Petroleum Exporting Countries (OPEC) moves to increase production, which will increase supply. However, the Vanguard Energy ETF (NYSEMKT: VDE) is still trading up close to 125% over the last five years (as of June 10). The ETF has 112 stocks in it and controlled $8.1 billion in net assets at the end of April. The fund's strong performance can be attributed mainly to the fact that ExxonMobil makes up nearly a quarter of its assets. The global oil and gas company has greatly improved operations over the last five years, controlling costs, generating strong returns on capital, growing free cash flow, and returning lots of capital to shareholders. ExxonMobil is a strong dividend payer, and between dividends and share repurchases, it returned $140 billion in capital to shareholders between 2019 and 2024. The ETF's dividend yield is 3.27% and the fund has a five-year average yield of close to 3.7%. Data by YCharts. The three largest sectors in the ETF are integrated oil and gas (39.3%), oil and gas exploration and production (25.7%), and oil and gas storage and transportation (17%). Here are the fund's top 10 holdings and their weightings: Rank/Holding ETF Weighting Rank/Holding ETF Weighting 1. ExxonMobil 24.45% 6. Kinder Morgan 3.00% 2. Chevron 13.29% 7. Cheniere Energy 2.99% 3. ConocoPhillips 6.61% 8. Oneok 2.91% 4. Williams Companies 4.06% 8. Schlumberger 2.59% 5. EOG Resources 3.55% 10. Marathon Petroleum 2.55% Source: Vanguard. Holdings are as of April 30, 2025. A good dividend in an intriguing sector Clearly, the Vanguard Energy ETF has a solid track record of paying a high-yielding dividend. I also think having some exposure to energy can serve investors well by acting as a hedge. While oil prices have been down, many of the world's richest investors, like Warren Buffett, are betting on energy prices going higher based on their latest stock purchases. It's possible that these investors think the world will be more reliant on oil and gas in the future than many believe. They are finite assets, so wealthy investors may see advantages to owning large oil and gas assets. According to the U.S. Energy Information Administration's International Energy Outlook report in 2023, global supplies of crude oil, other liquid hydrocarbons, and biofuels are expected to meet the world's demand for liquid fuels through 2050. Perhaps Buffett and other institutional investors betting on oil are taking the long view that supply could eventually become constrained. Or perhaps they think the oil and gas companies are positioned to adopt renewable energy or other lower-carbon sources. Regardless, energy stocks can be a decent hedge in a potential scenario when oil prices surge. The stocks in the Vanguard Energy ETF should benefit in this scenario, while rising prices could significantly increase costs for many other sectors. Should you invest $1,000 in Vanguard World Fund - Vanguard Energy ETF right now? Before you buy stock in Vanguard World Fund - Vanguard Energy ETF, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Vanguard World Fund - Vanguard Energy ETF wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $653,702!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $870,207!* Now, it's worth noting Stock Advisor 's total average return is988% — a market-crushing outperformance compared to172%for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of June 9, 2025
Yahoo
5 days ago
- Business
- Yahoo
1 High-Yield Vanguard ETF That Is a No-Brainer for Income
Exchange-traded funds (ETFs) can be a great way to diversify. They can also generate passive income through dividends. This ETF, in particular, has a high dividend yield and represents a good sector to have some exposure to. 10 stocks we like better than Vanguard World Fund - Vanguard Energy ETF › Given the market volatility this year, there are likely investors out there who would prefer an investment strategy that avoids some of the stressful market swings that have started to become the norm. After all, the broader benchmark S&P 500 index has already experienced multiple swings of nearly 20% both up and down, enough activity to make anyone's stomach churn. One way to avoid some of the stress in today's market is to diversify your investments across a broad basket of stocks through an exchange-traded fund (ETF). It's even better if you find an ETF that can generate passive income because then you are still making money each quarter and every year with much more predictability. Here's one high-yield Vanguard ETF that is a no-brainer for passive income. The energy sector hasn't exactly crushed it this year. Many experts expect global oil prices to remain soft on weak demand, while the Organization of the Petroleum Exporting Countries (OPEC) moves to increase production, which will increase supply. However, the Vanguard Energy ETF (NYSEMKT: VDE) is still trading up close to 125% over the last five years (as of June 10). The ETF has 112 stocks in it and controlled $8.1 billion in net assets at the end of April. The fund's strong performance can be attributed mainly to the fact that ExxonMobil makes up nearly a quarter of its assets. The global oil and gas company has greatly improved operations over the last five years, controlling costs, generating strong returns on capital, growing free cash flow, and returning lots of capital to shareholders. ExxonMobil is a strong dividend payer, and between dividends and share repurchases, it returned $140 billion in capital to shareholders between 2019 and 2024. The ETF's dividend yield is 3.27% and the fund has a five-year average yield of close to 3.7%. The three largest sectors in the ETF are integrated oil and gas (39.3%), oil and gas exploration and production (25.7%), and oil and gas storage and transportation (17%). Here are the fund's top 10 holdings and their weightings: Rank/Holding ETF Weighting Rank/Holding ETF Weighting 1. ExxonMobil 24.45% 6. Kinder Morgan 3.00% 2. Chevron 13.29% 7. Cheniere Energy 2.99% 3. ConocoPhillips 6.61% 8. Oneok 2.91% 4. Williams Companies 4.06% 8. Schlumberger 2.59% 5. EOG Resources 3.55% 10. Marathon Petroleum 2.55% Source: Vanguard. Holdings are as of April 30, 2025. Clearly, the Vanguard Energy ETF has a solid track record of paying a high-yielding dividend. I also think having some exposure to energy can serve investors well by acting as a hedge. While oil prices have been down, many of the world's richest investors, like Warren Buffett, are betting on energy prices going higher based on their latest stock purchases. It's possible that these investors think the world will be more reliant on oil and gas in the future than many believe. They are finite assets, so wealthy investors may see advantages to owning large oil and gas assets. According to the U.S. Energy Information Administration's International Energy Outlook report in 2023, global supplies of crude oil, other liquid hydrocarbons, and biofuels are expected to meet the world's demand for liquid fuels through 2050. Perhaps Buffett and other institutional investors betting on oil are taking the long view that supply could eventually become constrained. Or perhaps they think the oil and gas companies are positioned to adopt renewable energy or other lower-carbon sources. Regardless, energy stocks can be a decent hedge in a potential scenario when oil prices surge. The stocks in the Vanguard Energy ETF should benefit in this scenario, while rising prices could significantly increase costs for many other sectors. Before you buy stock in Vanguard World Fund - Vanguard Energy ETF, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Vanguard World Fund - Vanguard Energy ETF wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $653,702!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $870,207!* Now, it's worth noting Stock Advisor's total average return is 988% — a market-crushing outperformance compared to 172% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 9, 2025 Bram Berkowitz has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Cheniere Energy, Chevron, EOG Resources, and Kinder Morgan. The Motley Fool recommends Oneok. The Motley Fool has a disclosure policy. 1 High-Yield Vanguard ETF That Is a No-Brainer for Income was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
5 days ago
- Business
- Yahoo
How many Legal & General shares must an investor buy to earn £1k of monthly passive income?
The FTSE 100 is a brilliant source of passive income. Today, it's packed with dividend-paying blue-chip stocks including one of my favourites, Legal & General Group (LSE: LGEN). This is a share I hold myself, and I'm dazzled by how much income it pays. It currently yields a stunning 8.45% – more than twice a best-buy savings account rate. Even better, that figure should rise over time as Legal & General increases its shareholder payouts. It hiked its dividend by 5% to 21.36p per share in 2024 and now plans to lift it by 2% annually going forward. That's a more modest increase – and below today's inflation rate – but it should help keep payouts sustainable. When yields get this high, there's always a risk the business can't maintain them. By contrast, savings rates look set to fall, with central bankers expecting the Bank of England to cut base rates once or twice this year. So the income gap between shares and cash could widen. Another benefit of investing in Legal & General is the chance of capital growth, if the share price rises. That's not guaranteed though. Shares can fall, unlike cash. Capital is at risk. But it's a potential bonus for those willing to take the risk. Legal & General shares have underperformed overall. They're up just 12% over five years. However, in the last 12 months they've risen 13%. Add the yield and total one-year return hits 22%. What happens next? Nobody knows. Analysts are guessing, though, with forecasts from 13 suggesting the share price could hit 267.8p within a year. That's an increase of 6% from today's 252.3p. In 2024, core operating profits rose a solid but unspectacular 6% to £1.62bn. Analysts aren't expecting fireworks in 2025, and neither am I. Another year of steady growth would be fine by me, given that ultra-high income. I think Legal & General shares are worth considering. Especially since the board is planning to return more than £5bn to shareholders over the next three years, through a mix of dividends and share buybacks. Of course, there are no guarantees. Geopolitical tensions, like Israel and Iran's conflict, could spook markets. Trade tariffs could hurt too. With more than £1trn under management, Legal & General could see customer inflows and profits take a hit. The board also needs to find new areas of revenue. While bulk annuities and infrastructure offer some hope, this is a mature and competitive market. Growth won't come easy. Still, it's hard to ignore that income. So what if an investor took a big punt on Legal & General in a bid to generate £1,000 a month – £12,000 a year? This year's dividend is forecast at 21.9p a share. To hit that income, they'd need 54,795 shares. At 252.3p each, that would cost roughly £138,702. That's a huge amount to put into one stock. Unless our investor has a huge portfolio, it will break every diversification rule in the book. I wouldn't do it myself. On the other hand, £12k a year is a lot of income. It's a fraction more than the new State Pension, which pays a maximum £11,973 a year. But my figures show just how powerful FTSE 100 shares can be when chasing long-term passive income. The post How many Legal & General shares must an investor buy to earn £1k of monthly passive income? appeared first on The Motley Fool UK. More reading 5 Stocks For Trying To Build Wealth After 50 One Top Growth Stock from the Motley Fool Harvey Jones has positions in Legal & General Group Plc. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Motley Fool UK 2025
