What Are Some Income Producing Assets
Safer income producing assets.
What are some income producing assets. There is nothing wrong with selecting only a few but you do have some other options. This list gives you a wide range of opportunities. When you think about income producing assets real estate and specifically rental properties may be the first thing that comes to mind. Further the default rate is quite low since homeowners do not want to lose their homes over property taxes.
If you wanted them you would ve gotten them by now or you have and want even more diversification. Maybe you want income but all the income producing assets you know of are boring or you have enough who really cares about certificates of deposit treasury bonds and dividend stocks. In some states like florida new jersey alabama vermont and north dakota the interest rate can be range between 10 30 per year. While the above are pretty common options they do carry medium to high risk pending which ones you consider.
With income producing assets you can shorten your path to financial freedom. Probably the most basic income producing asset in the world and also one of the least profitable. They re also vital to maintaining that freedom but not all assets are created equal. Let s take a look at some of the most popular practical and realistic options for generating income from your assets.
That s why i ve broken down some of the top income assets below. You can do this in two ways through a site such as ebay or through affiliate marketing. Tax liens can be great income producing asset. Some people choose to make money by selling products.