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Message
re: Passive Income for Young Investor
Posted on 6/12/21 at 11:11 am to lynxcat
Posted on 6/12/21 at 11:11 am to lynxcat
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?
1
Posted on 6/12/21 at 11:58 am to SouthMSReb
quote:
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.
You can just reinvest dividends. I don’t think you are accurately using the term “passive income”...passive income is intended to be consumed/used for living expenses.
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