These investment options generate passive income, it means you will be making money from these without even working. Want to know about them? Click next.
1
A bond is a debt security issued by borrowers to investors, with the issuer promising to pay interest and repay the principal when it matures.
2
Mutual funds allow investors to collectively invest in stocks, bonds, and other securities, with professional money managers managing the purchase and sale of these securities.
3
Investment real estate, often owned by multiple property owners, generates income and profits, with tax implications varying from residential real estate.
4
RBI Savings Bonds provide high returns to all citizens, except Non-Resident Indians, with reset interest rates every six months, not tradable in secondary markets.
5
The National Pension System is an Indian pension system that offers secure and profitable retirement investment options in bonds and government securities under the Ministry of Finance.
6
Dividend-paying stocks, despite their slower growth, are popular among older investors due to their consistent dividend payouts, providing a regular income stream.
7
A certificate of deposit is a federally insured savings account with fixed interest rates, typically available in one-, three, or five-year term lengths, with the best rates found online.
8
Stocks are security shares that provide shareholders with ownership in a company, are sold through an IPO for additional funding, and are resold on the stock market post-IPO.
9
The Post Office Monthly Income Scheme (POMIS) offers investors a guaranteed 7.4% annual fixed monthly income, with interest rates revised quarterly by the Union Government.