Consider real estate investments
But when done right, real estate investing can be hugely profitable -- even now that we've transitioned into a higher interest rate environment. Investing in real estate can also help you diversify your existing portfolio and be an additional source of income. Many of the best real estate investments don't have to show every tenant.
Investing in real estate offers great returns, but it can also involve some risks. Unlike certain other types of investments, active real estate investments (such as residential, commercial real estate, or house flipping) require a reasonable level of financial stability and cash flow to generate potential profits.