18 Most Profitable Passive Income Streams To Consider
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Creating several passive income streams is a dream for many entrepreneurs. It can accelerate plans to make extra income, pay off debt, and invest in building wealth.
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But what exactly is passive income? Are these streams truly passive? What can we do to begin tapping into this hidden stream of profits?
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Read on to find out how you can start producing passive income today.
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You can start investing. Purchase and forget it. Then make money when you sell the stock down the road through capital gains.
Income From Stocks
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A bond ladder is a portfolio of multiple bonds that mature at different times.
A Bond Ladder
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Peer-to-peer loans are personal loans between you and a borrower using third parties like Peerform, Upstart, Lending Club, Funding Circle, or Prosper.
Income From Interest
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Real estate investing with REITs is like buying and selling stocks on major stock exchanges.
REITs
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Invest in real estate without buying property through crowdfunding real estate platforms.
Invest In Crowdfunded Real Estate
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Renting out your parking space in crowded cities where parking is precious can earn you a few hundred extra dollars a month.
Rent Your Parking Space
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