2 ms·
> First, there is no such thing as "passive" that is 100% sustainable for a long period of time. I think a large enough and diverse enough investment is.. i.e.
by brianwawok 10y ago
> First, there is no such thing as "passive" that is 100% sustainable for a long period of time.
I think a large enough and diverse enough investment is.. i.e. something across many markets across many asset classes. That is as close to passive income as you can get.
The downside is obviously you need $1 million dollar seed money to tap out 40k a year from it...
- codegeek 10y agoyes correct. I was specifically talking about creating something and not just investing money in a fund investment.