Assets produce income whether you work or not
It doesn’t always have to be income tho. For me, assets are something that gives value or helps your business grow. money, structure, and knowledge-wise.
Rich Dad Poor Dad, Cash flow quadrant, and Read rich dad’s guide to investing by Robert Kiyosaki is all I need to read to become a legit businessman. I am now somehow in between the “S” and “B” quadrant since I am still working directly on my business. No more working for someone, I am my own boss now. Eventually, I will go to the big business owner part of the quadrant and then investment.
My top 6 income-producing assets
- Commercial property rental
- blue chip share portfolio with dividends
- Angel investment in construction
- Penny stocks.
- Certificates of deposit
I love real estate and stocks that produce assets for me every month. My assets are producing my income when I don’t work and I’m loving it. if you know what you are doing, leverage can never be a problem to you because it must be utilized.
Read more to learn more
Read the full biography of Bill Gates
Read the full biography of Jeff Bezos