There are many ways to build long-term wealth without an actual J-O-B. Having enough income-producing assets working in your favor can make it possible to “live rich” – or at least get by – without ever having to clock in for an employer again.

It’s why you see all kinds of wealthy people retiring early without having to change their lifestyles. These people have income-producing assets spinning off profits or dividends, and they use those funds to pay for their bills and lifestyle.

When it comes to income-producing assets, more is always better! In fact, having multiple income sources is the best way to feel secure when you’re relying on alternative income sources to leave your 9 to 5.

What Are Income-Producing Assets?

But what are income-producing assets, anyways? While the definition can be somewhat vague, they are assets that generate reliable income or cash flow over time.

Whether you’re a newbie or a seasoned investor, you’ve probably heard these words from a friend or family member who invests in the S&P 500:

“Just buy an index fund.”

Consider the words of the billionaire investor Warren Buffet:

“In my view, for most people, the best thing to do is own the S&P 500 index fund”.

Warren took it one step further, once betting hedge fund manager Ted Seides $1 million that an index fund would outperform a portfolio of hedge funds over the next ten years.

And he won.

But does it make sense for ALL investors to invest in the S&P 500? What if you like to pick stocks? What if you’re not 100% comfortable investing all your money in the stock market?

Let’s look at how the S&P 500 works, along with some pros and cons of investing in the S&P 500, so you can make

Could you turn $0 to $10,000 within a year? If you’re willing to put in the work, there are ways to do it.

With most $0 to $10,000 challenges you find online, participants usually look for “free stuff” they can sell or trade. From there, they invest time and energy into “trading up” to better stuff that can make money, or they create a business strategy that helps them grow their initial cash into something bigger.

If I were to try to grow $0 to $10,000, I would start with proven strategies, including the easy ones everyone should be doing! Most of all, I would focus on the steps I have used to build wealth for my family.

Here are five steps almost anyone could take to grow $0 into $500, which can turn into $5,000, $10,000, or more within a year. And yes, I include plenty of examples to

If you have $500 to invest right now, you probably feel on top of the world. While that’s not a ton of money, it’s better than nothing – and way more than enough to start building toward the lifestyle you want. 

Many multi-millionaires started investing small sums, even $10 or $25 per month! The key to making your $500 grow is to put in an investment that suits your risk tolerance and goals and add more regularly.

13 Best Ways to Invest $500

But what’s the best way to invest $500? After all, there are quite a few places to stash $500 that can make sense for your goal. If you have $500 or more to spare and are ready to invest today, here are the 13 best ways to invest for the short-term or the long haul.

1. Invest in the Stock Market 

The stock market is one of

Real estate investing can be intimidating to new investors – you must search for the right property, obtain financing, purchase the property, and then find tenants. A lot can go wrong, from buying a property with structural issues to challenges with finding the ideal tenants. 

Real estate investing takes work and can be risky, and many don’t have the time or risk tolerance to commit.

Enter Roofstock, a real estate investing platform that helps you invest in single-family homes without leaving your home. Roofstock wants to help you become a real estate investor regardless of where you live. 

About Roofstock

Roofstock is working on building the world’s best real estate investing marketplace. The company was founded in 2015 by Gregor Watson, Gary Beasley, and Rich Ford, all having years of real estate experience. 

Roofstock’s primary service is a marketplace that allows you to buy and sell single-family homes. The marketplace