8 Ways To Earn $1,000 Per Month by Moving Your Money Into These Types of Accounts

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That said, most people dont have that much cash to lock away in a CD.

you might think of it like a savings account that also has debit card and check-writing privileges.

Lets say you invest in dividend-paying blue-chip stocks with an average yield of 4% to 6%.

Youd need anywhere from $200,000 to $300,000 invested to earn over one grand a month.

If you want to diversify your portfolio and still receive consistent payouts, look into high-yield dividend ETFs.

And by law, REITs are required to distribute at least 90% of their taxable income to shareholders.

This allows investors to earn passive income from real estate without owning property.

This means an investment of $120,000 to $200,000 could generate $1,000 per month in passive income.

So, perform your due diligence before jumping in.

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