Diversification

In today’s fast-paced economy, more individuals are seeking ways to achieve financial freedom without relying solely on a traditional 9-to-5 job. This pursuit often leads to the concept of passive income - money earned with minimal ongoing effort.

Bonds are debt securities issued by entities such as governments, municipalities, or corporations to raise capital. When you purchase a bond, you're essentially lending money to the issuer in exchange for periodic interest payments and the return of the bond's face value upon maturity.

A mutual fund is an investment vehicle that pools money from multiple investors to purchase a diversified portfolio of stocks, bonds, or other securities.