Investing for income: 7 money-generating assets for your portfolio

You can classify investors into two basic types. There are those who want appreciation and invest for growth. And there are those who ask of their assets “show me the money — now.”

We call the latter type income investors. Income investing involves building a portfolio using dividend-paying stocks, bonds, real estate, and other assets designed to generate cash on a recurring basis.

With income investing, once you buy the asset, there isn’t a whole lot more to do. This is buy-and-hold passive investing at its best.

Published by Jim Probasco in Business Insider.