Investing in AI Stocks: A Smart Move for Side Hustle Earnings
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Chapter 1: Introduction to AI Stock Investing
If you've been keeping up with my journey, you already know that I'm not just interested in making some extra cash from my side hustles. My goal is to ensure that this income keeps generating more wealth for me. One effective way I achieve this is through investing in the stock market. I often focus on dividend stocks, which provide genuine passive income; I purchase them, and they pay me quarterly simply for holding onto them. However, I also make space in my portfolio for growth stocks.
The Surge of AI Stocks
The stock market experienced a significant uptick in 2023, largely driven by the excitement surrounding AI stocks. While I typically steer clear of trends, I can't ignore how the AI boom has positively impacted five stocks that I already own. Investing in established companies with diverse revenue streams offers an advantage when entering the AI market, as opposed to solely focusing on niche AI firms. Recently, I penned an extensive article detailing these five stocks and the reasons behind my investments, but I also recognize that many prefer to engage with me through video content—so I created one just for you!
Thank you for taking the time to watch! If you enjoyed this video, I have over 50 more similar ones on my channel.
Chapter 2: Progress on My Publish Every Day Project
As for my side hustle income, here’s the latest update on my Publish Every Day initiative. I’m testing whether I can earn enough to leave the daily grind within a year by consistently publishing across various platforms and channeling my earnings into passive income investments.
- Daily Income Goal for Retirement: $250 CAD
- Earnings on Day 111: $52.85 (writing) + $1.66 (YouTube) + $2.67 (capital gains from stock trades) = $57.18 total
Recent Publications:
- A post covering the essential strategy for generating significant income through online writing.
- An article about a rapidly rising fintech stock I plan to invest in for 2024.
Looking for more engaging reads? Check out my top five trending stories:
- Avoid this one junk food that a cardiologist recommends skipping for better health.
- Two detrimental habits that could be hindering your online writing income (stop now!).
- An action star reveals a tough reality about maintaining fitness at 45.
- My earnings breakdown from 100 consecutive days of publishing ($1000s!).
- Celebrity news: another tough guy steps back from alcohol at 47.
Disclaimer: The insights shared in this article do not constitute financial advice. This content is intended for informational and entertainment purposes only and should not be seen as a recommendation to buy or sell any securities. Always consult with a financial advisor before making any investment decisions.