Investing your idle cash into the S&P 500 is the ultimate "side hustle" & passive income stream
This is the type of stuff they should teach in schools (because i'm an idiot and I didn't know about any of this stuff until later in my adult life).
I also recognize that some people are in need of cash RIGHT NOW, and this likely serves you no good. But for people that are just sitting on piles of cash, or a couple thousand in their bank account that is accruing super low interest (which is ultimately being beaten by inflation...), this is probably the best advice you can hear.
INVEST YOUR MONEY!
Sounds easy, but usually the question people will have next is: invest in what?
Simple, here's the answer: VOO
This is the S&P 500, which is basically the top 500 companies in the US. It's a pretty good representation of the US market, and is the benchmark for the stock market.
Here is the S&P 500 since 1900.
All you have to do, is just invest in VOO (an ETF that tracks the S&P 500), and continuously add small amounts to it progressively, maybe every month or every other month. By doing this, you will literally be having your own money WORK FOR YOU!
If you had invested $10,000 into the S&P 500 in 2010, and invested only a measly $50 every month, you would've ended up with $103,711 today, for literally ZERO WORK and ZERO EFFORT. All you have to do is just stick with the gameplan, and don't sweat when you hear fear in the news.
Don't worry about what happens in the day-to-day. The US market is an unbeaten trend starting in the 1800s. You'll get fear mongerers saying that "this time is different", DONT LISTEN TO THEM. Just keep investing, and don't look back.
This i believe is truly the ultimate side hustle and passive income stream.
Posted Aug 5, 2025, 10:15 PM UTC