I want to make sure I have passive income coming in if a recession hits, so I asked experts.
Financial planners recommend investing in self-storage and other real estate, including REITs.
Over the years, I've made passive income by selling online courses and ebooks, and doing affiliate advertising on content I create for my own website or social media channels.
That's why I asked financial experts to share some recession-proof passive income streams that might be worth considering.
"The passive income derived from term rents and leases is recession-proof and has a low correlation to market volatility," says Nicola.
Persons:
I'm, I've, Susannah Snider, it's, Snider, George Nicola, Nicola, Tammy Trenta, Marli Erickson, Erickson, Joseph Hogue, Hogue, Barnes, Noble
Organizations:
Financial, Service, Invest, Amazon Direct Publishing, Barnes, Noble Press, Apple
Locations:
Wall, Silicon