A “forgotten” passive income investment pays out monthly cash for life, and it doesn’t require buying stocks or real estate.
While the entire stock market fell 20% in 2022 and many small investors lost money, those who held this passive income investment earned an average of 196%. That’s almost triple their money in one year.
This monthly income play has helped investors earn millions since the early 1900s.
Charlie Munger invested $1,000 into it, then built it into a $100,000 annual income stream.
George Mitchell, a petroleum engineer, bought in and earned so much money he became a billionaire.
The Bass Family of Texas began investing in this during the 1950s while they worked on a ranch and continued buying for years. Today, they are one of the wealthiest families in the United States, with a net worth of over $8 billion.
Even the Wright Brothers took earnings from their airplane patents and invested in this, which earned them millions.
Thousands are being paid out every month, but many investors won’t even notice.
This passive income investment doesn’t just pay out monthly cash, it also gives you the opportunity for big capital gains, and best of all, it comes with valuable tax benefits.
The companies who pay out these monthly checks often pay over 90% of their income to investors.
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