@nobudgetbabe: 🌟 These are 2 investments that pay me out over 6 figures a year in passive income. 💸 What's passive income, you ask? It's money that works for me, not the other way around. This income covers my family's expenses and is paving the way for my retirement in my 30s. Retirement isn't just about an age; it's about reaching a financial milestone where you don't have to work anymore. These investments, Real Estate Investment Trusts (REITs), and Mortgage Investment Corporations (MICs), are my golden tickets. But that's not all – I also own physical real estate and invest in the stock market. Why? Because it's crucial not to put all your money in one asset class, like real estate alone. Diversification is key in investment. While real estate has its perks, spreading investments across different asset classes hedges against risks. REITs and MICs offer passive income, but it's essential to be cautious. When diving into REITs, understanding the company's stability, the real estate they manage, and their dividend history is crucial. As for MICs, evaluating the fund's strategy, borrower types, loan-to-value ratios, and risk factors is a must to ensure a safe investment strategy. We teach our students the importance of a diversified portfolio and a safe investing strategy. Making money is great, but preserving it is even better. Ready to make 2024 your best year yet? Check our website for free trainings or apply to work with me, your seven-figure mentor, and let's build you that roadmap to success (no matter where you're starting from). 💼📈

Nicole Victoria | Money Coach

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Region: CA

Thursday 14 December 2023 16:11:38 GMT