I like the earning income strategy, that means you get consistent funds to pay for the things you need in life. Hoping to transform my basement for air bnb or a renter and to rent the house if I ever move out. I also like steem and NEO because they build on themselves.
Sometimes asset appreciation will win out though, especially in the crypto world, some of these coins have and will continue to 100x or more, they are riskier though.
I'm personally looking to find more sources of income myself, any ideas, I've got a smidge of time and a smidge of money haha!
Exactly, I think its always best to invest in income sources and never touch the principle, but live off of the income it produces!
A relative of mine does Airbnb rentals, she says that it makes pretty good money! That can be a great source of income for you!
I agree asset appreciation can be a great way to make money and I definitely invest in some assets with the hope that they appreciate in value. I just make sure that I invest the majority of my money into assets that will also produce an income over time. I have bought many cryptos that don't actually pay income, but they represent a smaller portion of all my investments.
haha I know the feeling! I'm always looking for new ones! The 4 I listed in the post are the main ones I'm using right now. There are others that vary depending on risk tolerance, income, capital, etc.