Collect passive income from real estate
When it comes to assets that prioritize cash flow, Cardone has a clear favorite — real estate.
“You only buy things that produce cash flow that can’t be disrupted — like the real estate I buy,” Cardone told YouTuber Logan Paul during a 2019 appearance on the Impaulsive podcast.
Cardone went on to describe the durability of his investments. “The real estate I buy is indestructible,” he said. When Paul asked why, Cardone explained that his properties generate rents of $1,500 a month, and no matter what happens, those rents aren’t likely to drop below that level.
Cardone makes a solid point. High-quality properties can provide investors with a steady stream of passive income, which often adjusts with inflation over time. Additionally, inflation tends to push property values higher, reflecting rising costs of materials, labor and land.
The best part? You don’t need to be a real estate mogul like Cardone to take advantage of this strategy. Platforms like First National Realty Partners (FNRP) allow accredited investors to own a part of institutional-quality, grocery-anchored properties without the hassle of finding and managing deals themselves.
FNRP properties are leased to national brands like Whole Foods, CVS, Kroger and Walmart, which provide essential goods to their communities. Thanks to Triple Net (NNN) leases, investors can enjoy the potential to collect stable, grocery store-anchored income every quarter, without worrying about tenant costs cutting into the bottom line.
Invest in real estate without the headache of being a landlord
Imagine owning a portfolio of thousands of well-managed single family rentals or a collection of cutting-edge industrial warehouses. You can now gain access to a $1B portfolio of income-producing real estate assets designed to deliver long-term growth from the comforts of your couch.
The best part? You don’t have to be a millionaire and can start investing in minutes.
Learn MoreEarn passive income with high-yield savings accounts
High-yield savings accounts (HYSAs) offer a low-risk way to generate passive income while keeping your funds accessible. These accounts usually provide higher interest rates than traditional savings accounts, allowing your money to grow steadily without being tied up in long-term investments.
With so many options available, choosing the right HYSA can be overwhelming. That’s where SavingsAccounts.com comes in. This online comparison platform helps consumers evaluate high-yield savings accounts from various banks and financial institutions, offering side-by-side comparisons of interest rates, fees and key features to help you maximize your savings.
Everyone’s financial situation is different, with unique goals, income levels and risk tolerance. If you're looking to build a passive income portfolio but aren't sure which cash-flow investments align with your needs, it might be time to get in touch with a financial advisor through Advisor.com to help you build a plan.
Advisor.com is an online platform that matches you with vetted financial advisors suited to your unique needs. Once you’re matched with an advisor, you can book a free consultation with no obligation to hire.
Buffett: The average person can’t pick stocks
At the end of the day, keep in mind that despite his legendary success in picking winning companies, Buffett doesn’t believe that’s the right approach for most investors.
“I do not think the average person can pick stocks,” he stated bluntly at Berkshire’s 2021 shareholders meeting.
Instead, Buffett champions a much simpler strategy, famously stating, “In my view, for most people, the best thing to do is own the S&P 500 index fund.”
This approach gives investors exposure to 500 of America’s largest companies across various industries, providing diversified exposure without the need for constant monitoring or active trading.
Buffett believes so strongly in this strategy that he has instructed 90% of his wife’s inheritance to be invested in “a very low-cost S&P 500 index fund” after he dies.
The beauty of this approach is its accessibility — anyone, regardless of wealth, can take advantage of it. Even small amounts can grow over time with tools like Acorns, a popular app that automatically invests your spare change.
Signing up for Acorns takes just minutes: link your cards, and Acorns will round up each purchase to the nearest dollar, investing the difference — your spare change — into a diversified portfolio. With Acorns, you can invest in an S&P 500 ETF with as little as $5 — and, if you sign up today, Acorns will add a $20 bonus to help you begin your investment journey.
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