TOP 3 PASSIVE INCOME STREAMS TO BE WEALTHY.

Passive income includes regular earnings from a source other than an employer or contractor. financial services says passive income can come from two sources: rental property or a business in which one does not actively participate.

REAL ESTATE INVESTMENTS.

Around the world ,the real estate or renting the self owned properties stands first for the generation of wealth around them. Passive income from real estate includes any income generated from rental activities and other real estate investments. Real estate passive income often requires an up-front investment that generates recurring income. Some passive real estate investing demands more hands-on management, while others are truly passive.

when should real estate should be bought?

Real estate isn't a short-term investment. As long as you take a long-term investment approach, it's usually a good time to buy passive income real estate since the focus is on properties that generate income instead of capital appreciation. However, the best time to buy real estate is during the early stages of an economic recovery following a recession because prices are lower. Conversely, real estate boom times are not the best for buying since you'll often pay a higher price.

Now investing in real estate via a digital method becomes more prominent for the past few years such as paying a small amount through a third party application and earning a handsome of amount per year.

So the real estate stands first when it comes as passive income but the upfront amount which is going to be invested is hefty .let us see other few passive income streams .

STOCK MARKET INVESTMENTS.

Stock market comes as an option for 90 percent of middle class investors since the upfront amount in stock market could be as low as $10. stocks of different companies can be valuable part of your investment portfolio.having stocks in different companies of different sectors could help you to build your savings,protect your money from inflation and taxes.

when to buy stocks?

The right time to buy stocks is that during the time of recession.Stocks should be invested in when their prices are low such that they can be purchased more plentifully. While lowly priced stocks can drop some more, it is better to invest in them rather than stocks with high prices which might not rise further than the time of purchase. The latter can experience a price drop which would lead to a loss for those looking to sell said shares. In comparison, shares bought at a low price have a greater probability of yielding profits.

BENEFITS OF STOCK MARKET INVESTMENTS

• CAPITAL APPRECIATION.
• DIVIDEND INCOME.
• VOTING RIGHTS.

PEER TO PEER LENDING.

Peer-to-peer lending is a form of direct lending of money to individuals or businesses without an official financial institution involving as an intermediate in the deal. p2p lending is generally done through online platforms or third party applications that match lenders with the potential borrowers.

p2p lending offers both secured and unsecured loans. however, most of the loans in p2p lending are unsecured personal loans. secured loans are rare for the industry and are usually backed by luxury goods. due to some unique characteristics, peer-to-peer lending is considered as an alternative source of financing.

when to invest in peer to peer lending?

There is no absolute time for p to p lending since it depends on the regular income basis rather than growth.hence, you invest whenever you have enough money to lend in application.

These are the three passive income ways classified in the ascending order of low risk to high risk.The risk and the reward is directly proportional as the risk increases reward goes higher.