Are you looking for the best smart investments that pay monthly income? In this post, I’m going to show you where to invest your money to get a monthly income and maximize your profit return.
Investing your money is a well-known secret of the rich and wealthy.
A few years ago, I was broke and in a lot of debt. I was barely surviving paycheck-to-paycheck.
I thought that only people with lots of money could afford to invest. But, after spending months researching to understand how money works, I soon discovered that this was not the case. The amount you invest isn’t what is essential; starting is the vital step!
Of course, the more money you have to invest, the faster you can expect to see a return on your investment.
In most cases, investing is a deliberate strategy that takes time; especially in the beginning. It’s certainly not a get-quick-rich plan.
That being said, making wise investments will eventually pay off; and it could earn you monthly income without you doing a thing. This is what we call passive income.
The great thing about investing is that, over time, you will start to generate passive income. This will increase your overall income, and therefore allowing you to invest more and more. This is called compound interest, and it’s super powerful!
And, this is why I say the amount you invest is not as important as starting.
Whether you’re looking to invest with $50, $500 or $50,000, I’m going to show you seven investment strategies that you can start TODAY. If you implement these strategies correctly, they will eventually pay you a monthly income.
1. Investing in Real Estate For Monthly Income
Real Estate is one of the best ways to invest your money, and for a good reason. That’s because you can financially benefit from generating wealth appreciation and equity building. Also, through renting, you can generate passive income; providing you with a steady cash flow every month.
I think everyone should aim to own at least one house or property; for investment purposes.
In most cases, investing in real estate requires a significant amount of cash upfront to get started. That being said, there are a few ways you can make smaller investments to earn monthly income using real estate.
Do you have a spare room available? If so, you could list that room on Airbnb to generate some monthly income.
If you live in a busy town or city, this can be a great way to earn some extra cash flow each month; without having to invest much upfront.
Many wealthy individuals invest heavily in real estate for property appreciation. For them, being a landlord and renting a property may be more hassle than it’s worth.
If you’re starting and you don’t have much cash to invest; you can partner up with someone who does have the money, but lacks the time. That way, they can enjoy the benefits of house appreciation and equity over the years, and you can earn monthly cash flow from renting out the property — a win-win for everyone involved.
PRO TIP: Use the extra income you earn from these strategies to invest in other investment strategies to create a compounding passive income machine.
2. Start Your Own Online Business
As you have probably already guessed, investing in an online business is my favorite way to earn monthly income. For me, it’s been the most lucrative investment strategy.
The great thing about this method is that it requires very little money to get started, perfect for first-time investors.
There are tons of great ways to invest your money or time to generate monthly income online. Here are a few of my favorite ideas.
I decided to invest my time and money into blogging many years ago. Last year I made over $100,000 from blogging. I love blogging because it gives me so much freedom to enjoy life and spend time with my friends and family.
Starting a blog requires no knowledge or prior experience, and it’s super affordable to get started.
In fact, in another post, I explain how to start a blog for just $3.95!
Did you know with a few clicks and a small investment, you can create your own online store?
Sites such as Shopify and Etsy TK, have made it easier than ever to set up an eCommerce business. If you have a product idea or service you think you can sell to make a profit, this could be the perfect investment to earn a monthly income.
Don’t have a product to sell? Don’t worry; you can earn income by selling someone else’s product. This is known as dropshipping.
Dropshipping is fantastic because it means you don’t need to invest in any stock or deliver any goods.
Just think, Amazon & eBay have built massive eCommerce empires applying a similar business model.
If you’re interested in learning more about investing in your eCommerce empire, here are a few resources:
With affiliate marketing, you earn a commision for selling another person’s product or service. When you’re an affiliate, you don’t have to worry about stock, deliveries, customer service, or refunds. You’re simply the middle man who is paid for recommending products.
Some of the biggest websites in the world are making money from this method. Check out these affiliate marketing examples.
I love the concept of affiliate marketing, and it’s one of my top investments that pay monthly income. I have made a lot of money from recommending the products and services I use myself.
If you don’t have much money, but you have your time to invest, affiliate marketing could be the perfect strategy for you.
Here are a few useful affiliate marketing resources:
- How To Make a Full-Time Income With Affiliate Marketing
- How to Build an Affiliate Marketing Funnel
- How I Built a $500K-a-Month Business While Traveling the World
If you’re interested in learning how to get started with affiliate marketing, I have put together a FREE 7-day email course. This will teach you how to make money with affiliate marketing without having to spend a dime.
I will share with you the exact template I use; which is already proven to generate income every month! Here’s what you will learn:
- How to Build a Kick-Ass Email List
- What Affiliate Offers Should You Promote?
- Creating Email Marketing Automation That Actually Converts
- Where & When Do You Make Money?
- Best Way to Drive High-Quality Traffic to Your Funnel
- [TOP SECRET]
- [TOP SECRET]
3. Invest in High Paying Dividend Shares
Some of the world’s wealthiest people, such a s Warren Buffet TK, have made their riches from high paying dividend shares. In a nutshell, dividends are a payout that companies make to their shareholders (usually every quarter), as a sign of appreciation for investing and holding their stock.
If you choose wisely, over time, investing in high paying dividend shares can be a great investment strategy.
However, it does require some knowledge to pick the right shares to invest in and a great deal of patience. Also, you will need to invest a significant amount of money to see any noticeable return.
That being said, I do think it’s one of the safest and best long-term monthly income investments for retirement.
The trick to this method is to re-invest the dividends you earn. This will have a compounding effect; leaving you with a nice sum of the money for when you retire.
Here are a few useful resources for investing in high paying dividend shares:
- The Intelligent Investor by Benjamin Graham
- MONEY Master The Game by Tony Robbins
- The Little Book of Common Sense Investing
4. Digital Investments That Pay Monthly Income
Peer to Peer Lending
Peer-to-Peer lending, also known as P2P, is when an individual lends money to another individual or company via an online website that matches lenders with borrowers. In basic terms, a person is loaning money to another person, in the hope of a more substantial return on investment.
Peer-to-Peer lending is an investment strategy that usually offers a more significant interest percentage; which means a better return on the money you lend. And, you COULD make a high ROI and monthly income from it. However, just like all investments, nothing is guaranteed, and you could get back less than you originally invested.
If you want to learn more about P2P lending, check out the following resources: TK
Trading foreign currencies is a method many people are using to bring in a monthly income. It is possible to make huge returns on your investment in a relatively short amount of time.
Although this requires only a small initial investment to get started (most start at around $500), it does require skill and knowledge to see success.
The people who successfully earn a monthly income from Forex Trading have invested their time into learning how it works; as well as investing in the systems that help to automate the process.
To learn more about Forex Trading, check out these resources:
A bond is a loan an individual will give to a company or organization in return for interest. You will gain interest (usually at a fixed rate) over several years. These are called coupons. You’ll also receive your original loan back on an agreed date.
Bonds are usually considered one of the safer investment strategies; however, there is still small risk involved. The riskier the company you have bonds with, the more chance the company will default before your loan in return. To compensate for this, the higher the risk, the greater your potential return will be.
You can also invest in government bonds, which involves less risk; but equally and lower potential return. Low-risk bonds are an excellent investment for retirement.
It’s important to note that bonds are a long term investment strategy; that requires a large amount of cash upfront.
6. Social Media
When you think about where to invest money to get monthly income, I bet social media doesn’t spring to mind. But, think about the many social media influencers and stars who were wise enough to invest their time and energy into social media when no one else was.
The good thing is, it’s not too late. There is still massive potential to grow a social media following which could end up paying you a monthly wage.
Build an Instagram Account
Instagram is currently the world’s most popular social media platform. As of today, there are over 1 billion active users on the platform, and it’s still growing. If you can capture just the smallest fraction of the attention on Instagram, you can easily earn a monthly income.
Making money on Instagram is not as hard as you think, and you don’t need thousands of followers. You simply need to know how to target a specific niche,
I have written a blog post explaining how to make money on Instagram with Clickbank in 7 easy steps.
Start a Youtube Channel
Youtube is another excellent investment; that could easily provide you with a monthly income.
Millions of Youtube videos are watched every day. If you invest the time to grow your own Youtube channel, over time, it could turn into a reliable source of passive income.
If you’re interested in starting your own Youtube channel, check out these useful resources:
- How Do You Make Money From YouTube?
- Secrets to Making Money on Youtube (No filming & no website required)
7. Invest in People
This is one of my favorite investment strategies, and it’s the one that is often overlooked. Investing in people could be one of the most rewarding investments you’ll ever make. Heres what I mean:
Invest In Yourself
Self-investment will always give you the highest return. In fact, in my post how to become wealthy in 5 years, investing in yourself was one of the biggest lessons.
You should invest your time, energy, and money into your health and well-being, happiness, and of course, education.
Some of the most successful people on the planet are obsessed with learning. Warren Buffet says he spends the majority of his day reading.
Here are a few books I recommend reading:
- Expert Secrets by Russell Brunson (Get Your FREE Copy)
- Rich Dad, Poor Dad by Robert
- Tools of Titans: The Tactics, Routines, and Habits of Billionaires, Icons, and World-Class Performers
Invest in Other People
Investing in others will often require a significant amount of cash available, and most likely, a great deal of patience. But, if you have the funds available and you invest in the right person, the potential return is enormous!
If you’re interested in investing in other people, check out these resources:
- With AngleList you can invest in startups and individuals (starting with as little as $1,000)
- Fundable is a Crowdfunding platform where you earn equity for investing
Investments That Will Pay You a Monthly Income FAQ
What are the best monthly income investments for retirement?
First of all, I’m not a financial advisor. When it comes to significant investments, such as a retirement fund, I strongly recommend seeking professional advice from a financial expert. That being said, I’m happy to share my view.
When it comes to investments for retirement, a few questions come to mind.
- What is your current age?
- How much money do you currently have available to invest?
- What age do you plan on retiring?
- And, what does retirement look like for you?
The truth is that ALL 7 of the investment strategies listed above can work well. However, these four questions will have a significant impact on the plan that will work best for you. This is because some methods require large sums of capital upfront; others need more time.
Thank you for reading my post – Best Investments That Pay Monthly Income