“If you don’t find a way to make money while you sleep, you will work until you die.” – Warren Buffett
You’ve likely heard the phrase, “it takes money to make money.” Indeed, having some money makes it easier to get more. A wonderful way to passively make money long-term is to invest.
1. Invest in the Stock Market
2. Invest in Alternative Investments
Many options exist for investing your money in alternative investments as fintech companies have unlocked access to markets once only available to wealthy investors.
3. Real Estate Investment Trusts (REITs)
REITs are a collection of properties operated by a company that uses money investors give them to buy and develop real estate.
4. Invest in Secured P2P Loans
Another income-generating investment option which offers above-market yields is MyConstant, a secured P2P lending platform. The service offers the ability to fund crypto-backed loans which secure the loans against loss.