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Millionaires have seven different income streams, according to the IRS

Benzinga
Summary
Nutrition label

58% Informative

According to the IRS , the average millionaire has seven different income streams.

Relying on one income stream is like balancing on a tightrope with no safety net one wobble or layoff and you're in trouble.

With multiple streams of income, you've got a financial safety net that turns moneymaking into a game of "the more, the merrier".

Real estate is a great way to diversify your portfolio and earn high returns.

Arrived Home's Private Credit Fund’s has historically paid an annualized dividend yield of 8.1%

. Unlike other private credit funds, this one has a minimum investment of only $100 .

VR Score

39

Informative language

29

Neutral language

43

Article tone

informal

Language

English

Language complexity

36

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

detected

Known propaganda techniques

not detected

Time-value

long-living

External references

15

https://arrivedhomes.go2cloud.org/aff_c?offer_id=15&aff_id=1006&aff_sub=yahoo&aff_sub2=byerscta100https://www.benzinga.com/personal-finance/24/11/41949050/bill-gates-warned-the-u-s-will-experience-another-2008-style-financial-crisis-he-cant-predict-when-but-says-this-is-a-certainty?utm_campaign=partner_feed&utm_source=yahooFinance&utm_medium=partner_feed&utm_content=real_estate&nid=42755932https://www.benzinga.com/markets/24/12/42657437/theres-nothing-wrong-with-owning-rentals-says-dave-ramsey-but-forget-the-get-rich-quick-nonsense-some-want-you-to-believe?utm_campaign=partner_feed&utm_source=yahooFinance&utm_medium=partner_feed&utm_content=real_estate&nid=42755932https://equitymultiple.com/benzinga?invite=benzinga&utm_campaign=product-promotion-earn&utm_source=yahooFinance&utm_medium=affiliate&utm_content=unlockboost-yahoohttps://www.benzinga.com/alternative-investments/real-estate?utm_campaign=partner_feed&utm_source=yahooFinance&utm_medium=partner_feed&utm_content=real_estate&nid=42755932https://www.benzinga.com/24/01/42755932/the-average-millionaire-has-7-streams-of-income-according-to-the-irs-can-you-guess-what-they-are?utm_campaign=partner_feed&utm_source=yahooFinance&utm_medium=partner_feed&utm_content=real_estatehttps://www.benzinga.comhttps://arrivedhomes.go2cloud.org/aff_c?offer_id=15&aff_id=1006&aff_sub=yahoo&aff_sub2=jeffbezos100https://www.benzinga.com/money/are-you-rich?utm_campaign=partner_feed&utm_source=yahooFinance&utm_medium=partner_feed&utm_content=real_estate&nid=42755932https://www.benzinga.com/money/boxabl-y2?utm_campaign=partner_feed&utm_source=yahooFinance&utm_medium=partner_feed&utm_content=real_estate&nid=42755932https://www.benzinga.com/personal-finance/24/08/40432008/can-you-guess-the-net-worth-of-the-average-household-shockingly-its-over-1-million?utm_campaign=partner_feed&utm_source=yahooFinance&utm_medium=partner_feed&utm_content=real_estate&nid=42755932https://www.benzinga.com/real-estate/24/05/38918888/can-you-guess-what-percentage-of-a-high-net-worth-individuals-portfolio-is-invested-in-real-estate?utm_campaign=partner_feed&utm_source=yahooFinance&utm_medium=partner_feed&utm_content=real_estate&nid=42755932https://smartasset.com/retirement/find-a-financial-planner?utm_source=benzinga&utm_campaign=ben&utm_content=y2_5MilNestEgghttps://www.benzinga.com/go/arrived-private-credit-yf?utm_campaign=partner_feed&utm_source=yahooFinance&utm_medium=partner_feed&utm_content=real_estate&nid=42755932https://www.irs.gov/pub/irs-soi/14rpoverthetopbournerosenmerkel.pdf

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