A TikToker’s Side Hustle Has Gone Viral: Here’s How She Could Get Rich From It

This TikToker is confident she can pull off this ultimate side hustle, but take it a step further and invest for incredible annual income.

| More on:
stock data

Image source: Getty Images

If there are two things that have become incredibly popular over the last three years, it’s TikTok, and side hustles. So when the two get together, it’s definitely something to pay attention to.

There have been multiple viral side hustles coming across the social media service, but yet another recently went viral. And it’s perhaps one of the best yet.

Invest in… a bouncy castle?

TikTok user @julie.ache posted about purchasing an all-white bounce castle back in 2021. Since the post came out, it has collected 2.8 million views from users also interested in the side hustle.

According to the TikToker, she used her stimulus cheque (offered in the United States up to around $2,000) to purchase the bounce house during the pandemic.

“I invested my stimulus on a White Bounce Castle,” she said in the caption overtop of her white bounce castle. “Made my money back in one month.”

How much could she make from this side hustle?

If you’re thinking of picking up a similar side hustle, remember one thing: we live in Canada. It’s unlikely someone is going to be asking to rent a bounce castle when it’s -20 degrees celsius outside. However, if this TikToker lives in a location with year-round sunshine, she could get rich fairly quickly.

So let’s say she’s renting it out for about $300 per session on weekends. That’s $600 per weekend, meaning if she paid $2,400 for the castle, it’s paid back within a month.

From there, besides maintenance that would really come down to cleaning, everything else is profits. So for the remaining 11 months of the year at $2,400 per month, she could have a total of $26,400! Not a full-time gig, sure, but still a huge increase to her annual paycheque.

If you’re thinking of a similar passive income generator, simply rent out seasonal products you potentially already own! It might be Christmas decorations, a canoe, a boat, or other items. Again, you could make a similar amount. But what makes the opportunity even better is by investing it in a stable stock.

An option to consider

One stock I would consider is Teck Resources (TSX:TECK.B) for stable income. Teck stock offers growth through its investments in basic materials. Whether it’s copper or coal, the company invests in it. This diversified range of assets therefore brings in strong income throughout the year, and will be around for decades.

That being the case, every cheque you earn from this side hustle could be placed into Teck stock. Shares are up 54% in the last year, and it offers a 0.92% dividend yield. Here is what could happen if you put that $26,400 towards Teck stock and shares climbed that amount once more.

COMPANYRECENT PRICENUMBER OF SHARESDIVIDENDTOTAL PAYOUTFREQUENCYPORTFOLIO TOTAL
TECK.B – today$54.50484$0.50$242quarterly$26,400
TECK.B – 54% growth$83.93484$0.50$242quarterly$40,622.12

After that investment, you could have $242 in dividend income, along with $40,622.12 in your portfolio. That would be total returns of $14,464.12 from your bouncy castle investment!

This article represents the opinion of the writer, who may disagree with the “official” recommendation position of a Motley Fool premium service or advisor. We’re Motley! Questioning an investing thesis — even one of our own — helps us all think critically about investing and make decisions that help us become smarter, happier, and richer, so we sometimes publish articles that may not be in line with recommendations, rankings or other content.

Fool contributor Amy Legate-Wolfe has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.

More on Dividend Stocks

data analyze research
Dividend Stocks

Is Telus Stock a Buy on a Dip?

Telus is down more than 20% over the past year and now offers a great dividend yield.

Read more »

A plant grows from coins.
Dividend Stocks

2 Top Dividend-Growth Stocks to Buy in May

These two dividend stocks saw major growth after earnings that promised more was coming in the future. And now could…

Read more »

Dots over the earth connecting the world
Dividend Stocks

Best Stocks to Buy in May 2024: TSX Telecommunication Services Sector

The telecommunication services sector is currently going through an upheaval. It is a good time to buy these stocks.

Read more »

Dividend Stocks

Bulletproof Income: How to Earn Safe Dividends With Just $10,000

These Canadian dividend stocks have the potential to sustain and increase their payouts for years under all market conditions.

Read more »

warning or alert
Dividend Stocks

Attention, Cautious Investors: This Top Dividend King Just Climbed 7% and Can Keep Going

Fortis (TSX:FTS) stock is still down 10% in the last year but up 7% on strong earnings that demonstrate more…

Read more »

Double exposure of a businessman and stairs - Business Success Concept
Dividend Stocks

T-Shirt Titan Gildan Drops 6% as CEO Feud Continues: Buy the Dip?

Gildan (TSX:GIL) stock dropped even further after investors saw negative momentum that could be attributed to the company's new CEO.

Read more »

Dividend Stocks

3 Overlooked High-Yielding Dividend Stocks to Buy Right Now

When we talk about high-yielding stocks, energy and telecom giants pop up. Here are three high-yielding stocks you could consider…

Read more »

A meter measures energy use.
Dividend Stocks

How Much Will Fortis Pay in Dividends This Year?

Fortis stock is a good buy for conservative investors, especially on meaningful market corrections.

Read more »