There are many types of investments out there and they are all different. Trading in stocks or starting a business is active investing because you are directly involved in the managing of your funds or investment. Passive investing entails putting money in assets that are managed by others and offer regular dividend or interest payments. The types of incomes from passive investments include; interest, royalties, dividends and bonuses among others. As you can see, you do not need to work for these to get the income, you just wait.

One passive investment you can make is buying treasury bills and bonds. Buying and holding dividend-paying stocks is also a good idea. There is also the option of investing in REITs as they pay dividends regularly. Whatever the case, it is recommended you consult investment experts to ensure you get the right tips.