The path to financial freedom is paved with income-producing assets.
And not just the way you can buy at Robinhood.
But, of course, they are the “tip of the investment iceberg” by Magulli in a post on “Just Dollars and Data’s Blog”, saying that getting serious about rising money means casting a wider net.
In that spirit, he came up with seven picks, in addition to stocks and bonds, for the best income-producing assets available to all. Here is a summary of their list:
Some of them are obviously easier to dip than others. And as you can see, stocks – simple and historically strong performance – still top their list.
Magulli wrote in his post on Tuesday, “If I had to take an asset class to rule them all, the stock would have been there.” “Of course, is it possible that the 20th century was a temporary one and that future equity returns have been ruined? Yes, but I wouldn’t bet on it.
In this climate, heavy investment in stocks is not for weak hands. He explained that investors should expect the market to hit 50% + per century, with a 30% drop every few years.
Therefore, vacation, holiday properties and / or franchises in farmland may provide investors with some protection in a market that will hopefully deliver many wild swings in the coming months.
For more information on how to play these investments, check out Maguli’s detailed blueprint.
In the final investigation, the stock market was a very good place with the Dow Jones Industrial Average DJIA,
Tech-Heavy Nasdaq Composite Comp,
And the S&P 500 SPX,
All trading higher on Tuesday’s session.