Monday, March 31, 2014

My Passive Income


My Passive Income is right now focused on investments. Here are the top 5 ways I will try to diversify income 1. Rental In my area buying a house is expensive however the rent is high enough to make this investment worthwhile. Focus especially on new constructions when downpayment is typically low 2. High Interest Saving Accounts Look for saving accounts in Canada that offer between 1.8 to 2%. These are usually done by credit unions and online banks 3. Dividend based Investments This is one area where I am looking to diversify my incomes. Investments thats increase their dividends yearly are especially a target area

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