How can you make money online through passive income? Passive income can be made on a monthly basis through something called dividend investing. You invest in dividends from a stock in the stock market by re-investing the dividends you make as that dividend. You make more money every month from re-investing your dividends.
What do you look for in a dividend stock?
1) little fluctuation
2) high yield
3) monthly dividends
Why dividend stocks for passive income?
1) DRIP formula/snowball effect
2) guaranteed ROI (return on investment)
3) long-term hold
If you do not currently invest, I highly recommend buying dividend stocks with Robinhood, which is currently available for iOS/Android. It has no fees, you can start with any amount of money (even $1), and you can invest in stocks for free with it. Sign up for Robinhood: https://robinhood.com