If you want passive cash flow: dividend stocks and REITs. These tend to be less risky but also have a lower ROI than investing in your own cash flow assets.Hi,
I am looking to invest some of my cash to buy income-producing assets other than Real Estate. I would rather have smaller investments of max 100k USD to test the waters.
I have been researching options of buying online businesses with EmpireFlippers or from StoreCoach. I am looking for something that is passive where the operations can be outsourced easily and I think StoreCoach has a partner agency to outsource most of the work.
Maybe it doesn't have to be an online business.
I would love to hear your experiences and recommendations!
Some higher-risk higher-reward cash flow opportunities:
-Real estate property,
-Digital asset (social media page, website/blog, online forum, branded YouTube channels, mobile app, etc.) ->my personal choice,
-Ecommerce products,
-SaaS offering,
-Dropservicing,
-DeFi yield farming or staking (a lot of people think this is passive, but it actually requires a lot of research and industry knowledge in order to see good returns).
Note: all of these higher reward cash flow options tend to be a lot less passive and require more work.
Also, my advice.... pick one and focus only on it otherwise you will not become an expert in any of them. It will take months to build up the cash flow but from my experience, it's well worth it when you do.
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