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re: Passive Income for Young Investor

Posted on 6/11/21 at 9:10 pm to
Posted by lynxcat
Member since Jan 2008
24229 posts
Posted on 6/11/21 at 9:10 pm to
I struggle why any young investor needs passive income. It’s counter intuitive.
Posted by nugget
Mostly Peaceful Poster
Member since Dec 2009
13829 posts
Posted on 6/11/21 at 9:22 pm to
quote:

struggle why any young investor needs passive income. It’s counter intuitive.


Not really. If you can garner a decent amount of passive income at a young age, it enables you to take higher risks like starting your own full time business.
Posted by SouthMSReb
Member since Dec 2013
4426 posts
Posted on 6/12/21 at 11:11 am to
quote:

I struggle why any young investor needs passive income. It’s counter intuitive.


The passive income I make off of my stocks enables me to put more capital into the market each year, whether I get a raise at work or not.

Not sure how anyone would question why somebody would want passive income?
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