Strategies to diversify your passive income sources

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Investing in the Stock Market
When you invest in the stock market, you have the chance to make money by buying individual stocks, index funds, or ETFs. This means you can grow your money over time and even earn some extra cash through dividends.

Real Estate Investment Trusts (REITs)
REITs are a cool way to own a piece of a real estate portfolio without having to deal with all the headaches of managing properties. By investing in REITs, you can make money from rental properties and other real estate assets without all the work.

Rental Income
If you own rental properties and rent them out to tenants, you can make money every month from their rent payments. While it does take some effort to manage the properties, rental income can be a steady source of cash for you.

Dividend Stocks
When you invest in dividend-paying stocks, you can earn money from the company's profits in the form of regular payouts to shareholders. This means you can make money while also potentially seeing the value of your stocks go up.
 
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