Imagine having a steady stream of income even if you’re not working, and you don’t even have to put in too much effort in getting it started…
Sounds good, right?
You’re not alone in wanting to generate more income, whether it’s for long-term goals like retirement or short-term goals like going on a holiday or buying the latest gadget.
I mean, if you still earn money while you’re sleeping, isn’t it even better?
But is it really that easy?
Why isn’t everyone super-duper rich if that’s the case?
$500,000 looks pretty impressive, right?
Even if you’ve managed to build a super impressive portfolio with 8% dividend yield, you’ll only be getting about $37,000 in dividends per year.
If you wanted your passive income to replace your active income, a.k.a. your salary, well, that’s only $3,080 per month, which is way lower than the median monthly salary
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