The 18 Most Profitable Passive Income Streams To Consider
Income From Stocks
First, you can start investing. Purchase and forget it. Then make money when you sell the stock down the road through capital gains. That isn’t a continuous form of income, but it can come in handy when you’re ready to retire.
A Bond Ladder
A bond ladder is a portfolio of multiple bonds that mature at different times. When the bonds mature, you can reinvest the returned principal in new bonds and start a new ladder or continue adding on to your current one.
Income From Interest
You can earn passive income with interest when you loan money to someone else. For example, you can loan banks money in the form of a high yield savings account, and you can lend businesses money in the form of bonds. But you also earn interest when you loan money to peers.
Rental properties are expensive and time-consuming. If you love real estate but don’t feel like putting in the work or money to flip or manage properties, check out real estate investment trusts (REITs).
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