As springtime approaches, it's time to start thinking about ways to increase income. Passive income is one of the best ways to do this, as it doesn't necessarily require exchanging time for money on a day-to-day basis.
While there are many ways to earn passive income, here are 10 of the best strategies to get started in 2023:
JPMorgan Chase & Co (NYSE: JPM) shares are trading lower by 5.25% to $130.57 Thursday afternoon. Shares of banks and financial services companies are trading lower amid concerns over rising rates as well as the recent increase in short-term yields.
Etsy Inc (NASDAQ: ETSY) shares are trading lower Thursday morning after Jefferies downgraded the stock from Buy to Underperform.
Analysts lowered their price target from $150 to $85, citing concerns surrounding deteriorating spend by buyers on the platform.
Stagwell Inc (NASDAQ: STGW) shares are trading lower by 21.96% to $6.86 Tuesday morning after the company announced the launch of a 16 million share secondary offering of common stock.
Li Auto Inc (NASDAQ: LI) shares are trading lower by some 7.12% to $21.91 Wednesday afternoon. China Passenger Car Association reported an increase in NEV sales but a decline in passenger vehicle sales for the first two months of the year.
Snap Inc (NYSE: SNAP) shares are trading lower by 4.18% to $11.23 Wednesday as the stock pulls back following recent strength. The stock gained in recent sessions amid unveiling of a U.S. Senate bill that could ban TikTok.
Miromatrix Medical Inc (NASDAQ: MIRO) shares are trading lower by 42.41% to $1.42 after the company announced pricing of a $10 million public offering of common stock.