5 Income-Generating Assets to Take Advantage of in 2023

income-generating asset is something you pay money for today in hopes that it will produce income in the future.

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Money market account

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Certificate of deposit

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Stocks

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Peer-to-Peer lending

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5 Income-Generating Assets to Take Advantage of in 2023

income-generating asset is something you pay money for today in hopes that it will produce income in the future.

Money market account

A money market account (MMA) is a bit of a hybrid. It falls somewhere between a traditional checking account and a high-interest savings account.

Certificate of deposit

A money market account (MMA) is a bit of a hybrid. It falls somewhere between a traditional checking account and a high-interest savings account.

Stocks

People invest in specific companies by purchasing stock because they've researched the business and believe it will be successful. When they're right, the value of their stock increases.

Peer-to-Peer lending

As a P2P lender, you get to decide which loans you're willing to make and do not have to fund the entire loan on your own.

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