Cash Flow Producing Assets To Make Passive Income
The quest is financial freedom. You can complete this quest by acquiring cash flow producing assets. Letting a portion of the assets to pay for your liabilities and the other portion reinvested to continue generating even more passive income.
This sound good but where are the assets? Don’t worry I have you cover. Here is a small list.
- Blogs – treaty as business for consistent income, many ways to monetize it. Highly recommended.
- Dividend paying stocks (dividend aristocrats, no taxes on qualify dividends). Highly Recommended.
- REITs – Real Estate Investment Trusts ( trade online like stocks, its require that 90% of its earning be redistributed to shareholder). Highly recommended.
- Buying business or investing on them. Highly Recommended.
- Digital eBooks
- websites – buying and selling it
- Peer to Peer Lending
- CDS – Certificate of deposits –
- Royalties
- Money savings accounts or savings accounts
- Interest paying Bonds
- Farmlands
- Apartment buildings rentals
- Multi family rental properties like duplexes, triplexes or more
- Single family rentals
- Short terms rentals like Airbnb
- Trailer parks rentals
- Vacation rentals
- Timberland
- Franchises
- Car washes
- Coffee shops
- Laundromats
- Dive bars
- Munchie Spots specially late night ones