Investing in assets like stocks, bonds, and real estate, can be a worthwhile strategy to earn passive income, allowing your money to work for you!

In this post, I lay out 7 of the best income-producing assets that you can invest in to start earning passive income.

Acquire safe, income-producing assets

These are conservative, low-risk income-producing assets, including high-yield savings accounts which serve as a safe, low-risk option for earning income with higher interest rates compared to traditional savings accounts.

The trade-off to their low volatility is that you won’t earn as much as more aggressive assets. It’s still a good idea to have a few of these in your portfolio to ensure proper diversification.