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I am all for locating new methods to earn passive revenue. So we requested ChatGPT for one of the best concepts to strive within the new 12 months.
The solutions I acquired have been actually fascinating. Spoiler alert: I’ve no intention of making an attempt any of them myself, however as 2026 approaches, it makes me assume lots.
Prime 3 ChatGPT Concepts
The three concepts that ChatGPT instructed to me, so as, are:
- Micro SaaS powered by AI
- Digital belongings for “closely regulated” niches
- Progamatic Content material + Affiliate Flywheel
In the event you’re questioning what these are, I used to be too. These sound like a whole lot of technical phrases that do not actually imply something, however the concept makes extra sense when expressed in plain English.
The primary is to create software program instruments that firms can use to automate sure jobs. This definitely sounds good, and if I can do it, it in all probability will not be tough for another person to launch a rival product.
The second is constructing spreadsheets and templates for regulated trade professionals. This additionally appears promising, however the issue is that I haven’t got the required technical information.
Third, construct an area on-line market or comparability engine. Once more, I perceive the attraction, but it surely takes time to arrange earlier than the revenue begins coming in.
ChatGPT’s passive revenue concepts are fascinating, however none of them appear fully proper to me. Nevertheless, they can provide you hints on the place to search for extra appropriate alternatives as an alternative.
inventory market
The issue with the ChatGPT concept is that the barrier to entry is both too low (i.e. you may face competitors) or too excessive (i.e. it is arduous to get began). However there are alternate options.
I want becoming a member of an present one slightly than establishing my very own passive revenue machine. And the inventory market provides me and different traders the chance to just do that.
A great instance is: Kuroda Worldwide (LSE:CRDA). The inventory has a dividend yield of 4%, which could possibly be an amazing supply of additional revenue for traders who purchase the inventory.
Croda is a specialty chemical compounds enterprise and naturally there are boundaries to entry. A few of its merchandise are designated by particular drug laws and others are protected by patents.
The inventory is at the moment undervalued as the corporate is experiencing a cyclical downturn. And consequently, it is price noting that the dividend is at the moment not lined by money circulation.
Nevertheless, it’s no exaggeration to say that the corporate, which has been rising dividends for over 30 consecutive years, has had its ups and downs. And the unusually excessive yield means it is price contemplating now.
dividend shares
Previous efficiency isn’t any assure of future returns, however simply because dividends have elevated previously doesn’t suggest Croda will enhance its dividend. It’s a highly effective enterprise with excessive boundaries to entry.
In that sense, that is just like one of the best passive revenue concepts for 2026 that ChatGPT really useful to me. However as a shareholder, I do not want to herald any technical experience myself.
That is why investing in dividend shares is my prime passive revenue concept for 2026. And Croda Worldwide is only one inventory that I feel is price contemplating proper now.