How can I invest $100,000 to generate a monthly income of $5,000

It is possible to invest $100,000 to generate a monthly income of $5,000, but it will depend on the investment strategy and the level of risk that the investor is willing to take. One option is to invest in real estate through platforms such as Realty Mogul, which allows individuals to invest in commercial and residential properties. Another option is to invest in stocks through Acorns, which is a robo-advisory service that automatically invests spare change from debit and credit card purchases.

Other potential ways to generate a monthly income of $5,000 include starting a business, creating and selling digital products, or starting a blog or YouTube channel. However, these options may require more time and effort to generate the desired income. Additionally, it is important to consider the potential risks and returns of any investment, and to diversify investments to minimize risk. It may also be helpful to consult with a financial advisor to determine the best investment strategy for individual financial goals and circumstances.

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