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You're assuming maximizing cashflow is the most important factor. Some of us would be willing to have a lower standard of living (possibly significantly lower)
by GarrisonPrime 10y ago
You're assuming maximizing cashflow is the most important factor.
Some of us would be willing to have a lower standard of living (possibly significantly lower) if a passive income could provide that.
- morgante 10y agoIn what way did I say that? if anything, I'm maximizing passivity. You can live off stock dividends a lot longer if you lower your standard of living. Your comment is totally orthogonal.
- mcphage 10y ago> In what way did I say that? That would be this bit here: > simply selling their time at the maximum rate
- shanecleveland 10y agoExactly. Not very passive.
- morgante 10y agoI never contended that the consulting part is passive. It absolutely takes consistent time every month. It's the dividend revenue which is passive.
- shanecleveland 10y agoEcactly. You had to work first. Work I've put in on projects now earns passive income, too. So there are other ways.