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I’m all in favour of discovering new methods of incomes passive revenue. So I attempted asking ChatGPT for its greatest concepts to check out within the New Yr.
The solutions I acquired again have been actually fascinating. Spoiler alert: I’m not going to attempt any of them out myself, however they do give me loads to consider as 2026 approaches.
ChatGPT’s high 3 concepts
The three concepts ChatGPT advised to me have been, so as:
- AI-Powered Micro-SaaS
- Digital Belongings for “Regulation-Heavy” Niches
- Progammatic Content material + Affiliate Flywheels
When you’re questioning what any of these issues are, nicely, so was I. They sound like a variety of tech phrases that don’t actually imply something, however the concepts make much more sense in plain English.
The primary is making software program instruments that corporations can use to automate sure jobs. This does sound good, but when I can do it, it’s in all probability not exhausting for another person to arrange a rival product.
The second includes constructing spreadsheets and templates for specialist regulated industries. This additionally sounds promising, however the hassle is I don’t have the mandatory technical data.
The third includes constructing native on-line marketplaces or comparability engines. Once more, I can see the attraction, however these take some time to arrange earlier than the revenue begins rolling in.
ChatGPT’s passive revenue concepts are fascinating, however I don’t suppose any of them are fairly proper for me. They do, nevertheless, give me an concept of the place to search for extra appropriate alternatives as an alternative.
The inventory market
The difficulty with ChatGPT’s concepts is that obstacles to entry are both too low (which implies I’ll face competitors) or too excessive (that means it’s exhausting to get began). However there’s another.
Moderately than establishing my very own passive revenue machine, I want trying to be part of an present one. And the inventory market provides me – and different traders – alternatives to do precisely this.
An excellent instance is Croda Worldwide (LSE:CRDA). The inventory comes with a 4% dividend yield, which could possibly be a pleasant supply of additional revenue for traders who purchase shares.
Croda is a specialty chemical substances enterprise, which comes with naturally obstacles to entry. A few of its merchandise are specified by regulation in sure medication and others are protected by patents.
The inventory is reasonable proper now, because of the corporate going by a cyclical downturn. And it’s value noting that the dividend isn’t presently coated by money flows because of this.
With over 30 consecutive years of dividend progress, although, it’s truthful to say the agency has seen ups and downs earlier than. And an unusually excessive yield means it’s value contemplating proper now.
Dividend shares
Previous efficiency doesn’t assure future returns, however I’m not saying Croda will develop its dividend as a result of it has earlier than. It’s a robust enterprise the place obstacles to entry are excessive.
In that sense, it’s much like one of the best passive revenue concepts ChatGPT beneficial to me for 2026. However as a shareholder, I don’t need to convey the technical experience myself.
That’s why investing in dividend shares is my high passive revenue concept for 2026. And Croda Worldwide is simply one of many shares that I believe is value contemplating proper now.
