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Income generating capital assets. The definition of income generating asset is firstly it s something that you setup that produces an income secondly it must be an asset that grows in value over time and thirdly it must be passive. Oh and before we get too deep into this no matter which asset you re invested in i continue to recommend personal capital their free software automatically tracks the performance of your income producing assets including monthly cash flow annual return and even free fee analysis. Avoid relying on just one income source to make ends meet. A small business setup.
Small businesses can be income generating assets. How to invest small amounts of money. The latter are a bit more aggressive but can yield great results if done right. But if you re someone who believes in better safe than sorry bonds are the ultimate income generating asset for you.
It must be a tool or instrument that works for you 365 days a year 24 hours a day. However the more risk you take the greater your chances are for higher returns.
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