Income Streams of Wealth:
Capital Gains | Buying and selling stocks at a profit. |
Interest | HYSA and Lending Money. |
Earned | Working a job. (salary) |
Dividend | Buying dividend paying assets. |
Royalties | Music, books, pictures, etc. |
Earned | Working a job. (salary) |
Wealth comes from multiple income sources. Capital gains come from selling stocks at a profit. Interest grows from high-yield savings accounts or lending money. Earned income comes from a job or salary. Dividends provide passive income from investments. Royalties generate money from creative work like books or music. Diversifying income streams creates financial stability.