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Unfortunately, most people never get past this stage in their investment journey.
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While these two both pay slightly higher interest rates than a regular ‘ole checking account, you’re still gonna be hard pressed to make any meaningful income from these ultra-safe choices. Probably the most basic income producing asset in the world, and also one of the least profitable. Savings Accounts or Money Market Savings Accounts The result? Your investment tracking becomes almost as easy the money you’re getting from all your income producing assets.
#GOMEZ PEER HOW TO MAKE MORE MONEY SOFTWARE#
Their free software automatically tracks the performance of your income producing assets, including monthly cash flow, annual return, and even free fee analysis. Oh, and before we get too deep into this, no matter which asset you’re invested in, I continue to recommend Personal Capital. Multi-family Rental Properties (Duplexes, Triplexes, and Quads)