Online Passive Income Platforms
There are several online investment platforms that allow you to earn passive income. Some popular options include:
Lending Club: This platform allows you to invest in personal loans made to individuals and small businesses. You can earn interest on your investment and potentially earn a higher return than traditional fixed-income investments.
Fundrise: Fundrise is a real estate crowdfunding platform that allows you to invest in a diversified portfolio of commercial and residential properties. The platform offers several investment options with varying levels of risk and return.
DiversyFund: DiversyFund is a real estate investing platform that allows you to invest in a REIT (Real Estate Investment Trust) that owns a diversified portfolio of commercial properties. The platform offers a low minimum investment amount and a hands-off approach to investing.
PeerStreet: PeerStreet is a real estate lending platform that allows you to invest in short-term, high-yield real estate loans. The platform offers a diversified portfolio of loans, with investments typically ranging from 6 to 24 months.
Stash: Stash is an investment app that allows you to invest in a variety of exchange-traded funds (ETFs) with as little as $5. The app also offers educational resources to help you learn about investing and make informed decisions.
Acorns: Acorns is another investment app that allows you to invest in a diversified portfolio of ETFs with a small amount of money. The app also offers a feature called “Round-ups”, which rounds up your purchases to the nearest dollar and invests the difference.
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It's important to note that online investment platforms are not without risks and it's crucial to do your own research and due diligence before investing. Additionally, most of these platforms are not FDIC insured, so you should only invest what you can afford to lose.
In summary, online investment platforms offer a convenient and accessible way to earn passive income, with options such as P2P lending, real estate crowdfunding, REITs and app-based ETF investing. It's important to consider your risk tolerance, investment goals and to do your own research before investing.
