Multiple Streams of Income on Risk Management

They say it takes multiple streams of income to become wealthy. I would agree.

However, it may be beneficial to be reminded that multiple streams is also attractive as a form of risk management.

It’s less likely that a person with multiple streams will fall into an ability to repay their loan than someone with just a salary.

Losing a job happens all the time!

Perhaps the strongest from of income to a banker would be multiple (even up to 7+) triple AAA rated companies on a contract basis.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s