3 Easy Ways to Make Passive Income From Investing

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Money Rehab with Nicole Lapin 10 min 1 speaker 6 chapters transcribed
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What are passive income strategies for investing?

Nicole Lappin 0:02
I'm Nicole Lappin, the only financial expert you don't need a dictionary to understand. It's time for some money rehab. I'm sure you've heard the Wall Street cliche by now, buy low, sell high. But selling stocks isn't the only way to make money from your investments. You can actually make your money work for you through passive investing income. Passive meaning your money is working for you while you just sit back and let it do its thing. Today, I'm going to be talking about three very low maintenance ways to generate income. bonds, high yield cash accounts, and dividend stocks.

How do bonds generate passive income?

Nicole Lappin 0:42
These options are great for those of you who want to invest but don't want to be glued to a stock ticker all day long, or you just want some diversification in your portfolio. All right, let's get into it. First up, bonds. The set it and forget it investment. A bond is essentially an IOU. When you buy a bond, you're lending money to a government or a company, and over time you get paid interest. And when the bond reaches its maturity date, you get your original investment back plus that interest. Now, before we get into different types of bonds, let's break down some key terms. When you learn about bonds, you're going to hear the term maturity period thrown out a bunch. I mean, as you just noticed, I said it a second ago.

What key terms should you know about bonds?

Nicole Lappin 1:24
A bond's maturity period is essentially how long your money will be invested and earning interest. The next term you should know is yield. This is the return you earn on a bond expressed as a percentage. It's calculated by taking the bond's annual interest payments and dividing it by the bond's current price. So, for example, at the time I'm recording this, the yield for a one-year bond issued by the U.S. government is 4.19% yield. So generally speaking, if you invested $100, you would get back $4.19 after a year because $4.19 is 4.19% of $100. And here's the last one, coupon rate. This is the fixed interest rate the bond pays. For example, if you buy a $1,000 bond with a 5% coupon, you'll receive $50 per year in interest payments until the bond matures.
Nicole Lappin 2:17
if you're thinking that coupon rate kind of sounds similar to yield here's the difference the coupon rate is the fixed interest payment based on the bond's original price while the yield fluctuates depending on the bond's current market price so if the bond's price drops the yield goes up and vice versa it's like a seesaw but the coupon rate always, always stays the same. All right, with those basics out of the way, let's look at two major types of bonds, treasury bonds and corporate bonds. Let's start with treasury bonds. Treasuries are bonds issued by the US government. They're considered one of the safest investments out there because Uncle Sam always pays his debts.

What are the different types of bonds?

Nicole Lappin 2:57
Within this category, you're going to find a few different types of government bonds with different maturities. Treasury bills, also known as T-bills, are short term bonds that mature within a year or less. Treasury notes or T-notes are medium term bonds with maturities between 2 and 10 years. Treasury bonds or T-bonds are long term bonds with maturities of 20 or 30 years. Now on to corporate bonds. Corporate bonds are bonds issued by companies instead of the government. These bonds often give higher yields than treasuries, but with higher rewards comes, say it with me now, higher risk. If a company goes bankrupt, bondholders might not get paid back in full. So how do investors evaluate whether a specific bond is a good investment or not?

How do corporate bonds differ from treasury bonds?

Nicole Lappin 3:46
Credit ratings, liquidity score, and whether the bond is callable are usually three factors investors evaluate before investing. A bond's credit rating is essentially a measure of risk. Agencies like S&P Global and Moody's rate corporate bonds based on how likely a company is to repay its debt.

What factors should you consider before investing in bonds?

Nicole Lappin 4:05
The best rated bonds are AAA, super safe, while lower rated bonds like BBB or lower are riskier but might offer higher rewards. A bond's liquidity score tells you how easy it is to buy or sell the bond. If a bond isn't traded very much, it might be harder to sell when you need the cash. So think about this like you're selling a house.

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