The wealth management experts at Ridgewood Investments (973-544-6970) have released a new report showcasing the top three passive income investments for individuals to hedge inflation and grow wealth through customized long-term financial strategies.
Ridgewood Investments, a financial advisory firm based in Springfield, New Jersey, has released a new guide detailing passive income investment methods for individuals to generate additional revenue streams to grow wealth, overcome inflation, and secure long-term returns.
For more information, visit https://ridgewoodinvestments.com/passive-income-increase-cash-flow
With inflation continuing to disrupt the economy, creating passive income streams can offset eroding disposable income, guard against unexpected job loss, support lifestyle freedom, and enable early retirement plans. In the recently launched guide, Ridgewood Investments focuses on three avenues to generate passive income: investing in real estate, peer-to-peer and private lending, and dividend funds.
With real estate investments, the company recommends renting property out to residents, holiday-makers, or commercial tenants as a way to garner regular passive income. Holiday rentals can fetch higher rates during annual peak vacation periods while renting out commercial spaces allow investors to benefit from triple net leases where the tenant covers all property maintenance expenses.
For those who prefer not to own a property, there is the alternative of Real Estate Investment Trusts which allow individuals to profit from earnings that pool the funds of several real estate investors.
The newly released guide also details peer-to-peer and private lending as a worthwhile passive income option where investors loan money without relying on traditional financial institutions to oversee transactions. Private lending fills a gap in the market for borrowers who may not possess enough credit or are not suitable prospects to engage in traditional lending. This investment approach can fetch a higher rate of return on cash assets than conventional saving accounts.
Another suggestion in the new guide is to invest in dividend funds as a passive income source. These are exchange-traded funds (ETFs) that track dividend stocks for the investor. ETFs differ from traditional index funds in that they can be bought and sold throughout the day and not traded only at a set price point at the end of a trading day. Ridgewood Investments highlights the benefits of ETFs as portfolio diversification, more revenue, and a hedge against inflation for the investor.
Founded by Kaushal “Ken” Majmudar, the company comprises a team of highly experienced Ivy League educated professionals, dedicated to customizing long-term focused portfolios for their clients that compound capital with disciplined and sustainable investment strategies. Ridgewood Investments is also a fee-only firm, setting it apart from other largely commission-based financial advisory companies.
A spokesperson for the company said: “Our investment philosophy and approach draw upon our partners’ years of experience managing investments across numerous market environments on an institutional scale and models the successful philosophies, practices, and insights of outstanding investors like Warren Buffett, Philip Fisher, Benjamin Graham, Bob Kirby, Peter Lynch, and others.”
Interested parties can find out more by visiting https://ridgewoodinvestments.com/passive-income-increase-cash-flow
Release ID: 89082672
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