Streaming services like Netflix, Amazon Prime, YouTube Premium, and Disney+ have become essential entertainment platforms. However, these subscriptions can add up and cost hundreds of dollars annually. What if you could get these subscriptions for free by making smart investments? This guide will show you how to generate passive income through investing so you can enjoy your favorite streaming services without spending extra money.
Before diving into investments, letβs look at the approximate annual costs of popular streaming services:
Total cost for all: $800+ per year
Now, letβs explore how investing can help you cover these expenses.
To generate passive income, you need to invest in assets that produce regular cash flow. Here are the best investment strategies:
Investing in dividend-paying stocks allows you to earn quarterly or monthly payouts. Some companies pay high and stable dividends, covering subscription costs easily.
π Investment Needed:
REITs invest in real estate and distribute rental income as dividends. They often have higher dividend yields (4-8%).
π Investment Needed:
ETFs like Vanguard High Dividend Yield ETF (VYM) or Schwab U.S. Dividend Equity ETF (SCHD) provide diversified exposure to dividend-paying stocks with consistent returns.
π Investment Needed:
| Investment Type | Expected Yield | Investment Needed for $800/year |
|---|---|---|
| Dividend Stocks | ~4% | $20,000 |
| REITs | ~5% | $16,000 |
| ETFs | ~3% | $26,000 |
| High-Yield Savings | ~4% | $20,000 |
Once your investments generate $800+/year in passive income, follow these steps to get your streaming services for free:
To maximize returns:
Once your investments generate $800+/year in passive income:
Instead of cutting expenses, use smart investing to cover costs like Netflix, Prime, and YouTube Premium. By investing in dividend stocks, REITs, or ETFs, you can generate passive income and enjoy entertainment for free. The earlier you start, the sooner youβll benefit from compounding growth.
Start investing today and let your money pay for your subscriptions!
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