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re: Passive Income for Young Investor

Posted on 6/12/21 at 11:58 am to
Posted by lynxcat
Member since Jan 2008
24219 posts
Posted on 6/12/21 at 11:58 am to
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.
Posted by SouthMSReb
Member since Dec 2013
4426 posts
Posted on 6/14/21 at 7:49 am to
quote:

I don’t think you are accurately using the term “passive income”...passive income is intended to be consumed/used for living expenses.


Passive income is intended to be used/consumed for whatever you want.
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