How to invest for income

Property rental, dividend stocks, Reits and bonds are some avenues investors can consider

Investing for income involves putting together a strategy to generate a steady cash payout from a portfolio of assets - essentially a process where you save money to make money while you sleep.

Many people think this strategy is only for older folk who are nearing retirement or already retired. But having a steady stream of passive income can be empowering and some younger people use it as a gauge to see whether they are on track to achieving financial freedom.

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A version of this article appeared in the print edition of The Sunday Times on February 09, 2020, with the headline 'How to invest for income'. Print Edition | Subscribe