Simplest form of passive income is just buying a GIC or Bond and holding it to maturity, however, the rates offered often do not come close to keeping up with inflation and are subject to depreciation in a rising interest rate environment. But it doesn't mean we should not have some as a part of a larger portfolio. Parking cash in a short term for some return is better than none before the capital is deployed elsewhere.
Always, with love 🤗🌺❤️
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Except for the cash you hold, everyone should try to make their money work for them. Pennies add up to a dollar.
Hugs and kisses, sis 🤗
!LADY🥰🌺🤙
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LOHtokens.@silversaver888, you successfully shared 0.1000 LOH with @kerrislravenhill and you earned 0.1000 LOH as tips. (1/30 calls)
Use !LADY command to share LOH! More details available in this post.