13 Best Income-Producing Assets

The best way to get your money working for you is to buy income-producing assets, and these assets will continue to create money even while you sleep.

Having assets that constantly generate income is one of the best things you can invest in. If you want to be wealthy, having income-producing assets is vital.

13 Best Income-Producing Assets

There are so many assets people can go out and buy. Here is a list of some of the best income-producing assets you can buy today. 

A dividend is a share of the profit from the company, and the company usually will pay dividends quarterly to its shareholders. 

1. Dividend-Paying Stocks

2. Index Funds

An index fund is a type of passive mutual fund that tracks a particular index. Fidelity Zero Funds are a great option to have index funds at a low cost. 

3. Rental Properties

One of the most incredible places is a rental property when you want to have some cash flow. You buy the property, fix it up, and you rent it out.

4. REITs

REITs are for those people that like the idea of real estate and like cash flow as well. A REIT is a Real Estate Investment Trust.

5. Short-Term Rentals

You can rent these out if you have a house, a spare bedroom, or even a garage apartment. Airbnb is a big company that was able to make share rooms a great business.