👍🏻 Good point Jon and very true: to get passive income from staking rewards or dividends etc you need to be active first to earn the money to buy those assets you need (stocks, cryptos).
👍🏻 Good point Jon and very true: to get passive income from staking rewards or dividends etc you need to be active first to earn the money to buy those assets you need (stocks, cryptos).
I love dividend income. I think it's fantastic. But to reach a living with that, you have to have a bunch of it lol Might as well build it actively!
👍🏻 Exactly, the cover you living expenses with dividends you need at least 500k well invested. And that’s only enough if you live rather frugal. So let’s say a million dollar.
Well You have to earn that first or start investing early to let compound interest help you over the years. No way round activity here. 🤷🏼♂️