How to earn Passive income and how to invest?

There are many ways to earn passive income, which is income that is generated with little to no effort on your part. Some options for earning passive income include:

Investing in stocks or mutual funds: You can earn passive income by investing in stocks or mutual funds that pay dividends. Dividends are payments made by a company to its shareholders out of its profits.

Investing in real estate: You can earn passive income by investing in real estate through methods such as owning rental property or participating in a real estate investment trust (REIT).

Creating an online course or e-book: If you have expertise in a particular area, you can create an online course or e-book and sell it through platforms such as Udemy or Amazon.

Investing in a high-yield savings account or certificate of deposit (CD): These types of accounts and CDs offer higher interest rates than traditional savings accounts and can provide a passive income stream through the interest earned.

Starting a business: You can also earn passive income by starting a business that generates income on its own, such as a dropshipping business or a website that generates advertising revenue.

To invest, you can start by identifying your financial goals and risk tolerance. Then, you can research different investment options, such as stocks, bonds, mutual funds, and real estate, and determine which ones align with your goals and risk tolerance. It's also a good idea to diversify your investments, which means spreading your money across different asset classes to reduce the risk of losing money. You may want to consider