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:

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!

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

Transparent umbrella under heavy rain against water drops splash background. Rainy weather concept.
Dividend Stocks

3 All-Weather Stocks Canadians Can Confidently Buy Today

Canadian Natural Resources (TSX:CNQ) stock, Fortis (TSX:FTS) stock and a railroad could do well, whatever happens to the Canadian economy

Read more »

A family watches tv using Roku at home.
Dividend Stocks

2 Dividend Stocks to Hold for the Next 7 Years

These stocks currently offer high dividend yields.

Read more »

Quality Control Inspectors at Waste Management Facility
Dividend Stocks

1 Incredible Growth Stock to Buy Right Now With $200

Add this unlikely TSX growth stock to your self-directed investment portfolio if you seek high-quality long-term holdings for significant wealth…

Read more »

up arrow on wooden blocks
Dividend Stocks

How to Use Your TFSA to Double That Annual $7,000 Contribution

Add this beaten-down blue-chip TSX stock to your self-directed Tax-Free Savings Account (TFSA) portfolio to capture the potential to double…

Read more »

person on phone leaning against outside wall with scenic view at airbnb rental property
Dividend Stocks

Where I See Telus Stock 3 Years From Now

TELUS stock looks undervalued today. Here's where I see the TSX stock trading in three years and why the bull…

Read more »

crisis concept, falling stairs
Dividend Stocks

2 Canadian Stocks That Get Better Every Time the Bank of Canada Cuts Rates

Falling rates can revive “rate-sensitive” stocks by easing refinancing pressure and lifting what investors will pay for cash flows.

Read more »

shopper looks at paint color samples at home improvement store
Dividend Stocks

4 Canadian Stocks to Refresh Your TFSA Right Now

Think durable businesses that can grow through messy headlines and weaker consumer spending.

Read more »

stock chart
Dividend Stocks

Market Overreacts? Dollarama’s 10% Post-Earnings Drop Looks Like a Golden Entry Point

A sharp post-earnings fall in DOL stock has raised concerns, but the underlying business still looks solid.

Read more »