How can I make £1.25 every hour of the day, everyday, passively?

Question

£1.25 x 24 = £30

£30 every day of the year = around £10,080 per year.

These days making this amount of money online everyday can't be impossible. Thank you in advance.

Answer 1

Hello Kewe!

To calculate this is very simple, but not necessarily easy. If you have an investment the pays x% per year, over the ammount invested, you will need to do:

10080/x% = C

When C is the Capital invested. As you must've realized the bigger x is, smaller is the ammount of capital invested. If you have a 2% per annum interest , you would need to invest:

10080/x% = 504000

Please consider that I'm not taking into account inflation, taxes and fees since they are very country-specific.