Howdy pal, yes absolutely I can think of some tips!! Most people will tell you about the 4% rule, which to me roughly means "the percentage of your portfolio t

Howdy pal, yes absolutely I can think of some tips!! Most people will tell you about the 4% rule, which to me roughly means "the percentage of your portfolio that you can withdraw every year without decreasing your portfolio's original value (principal)" 4% is on average what you could roughly expect to make yearly from your portfolio after taxes, inflation, and abnormally bad losses It's a decent rule, but most people don't have a portfolio that is generating between 12,000 and 24,000 USD per year. You would need to have 300-600k invested!! That's not common for under 30 year olds. So, you would need to either find a part time online job that you can do while sitting at home or the beach or what have you. Or partake in riskier trading strategies, such as day trading actual stocks or ETFs. This all becomes a bit of a time and happiness sink, so beware :) 1-2k per month in income is actually quite high by the way. There are places all over the county and the world where 1-2k is more than most people make per month, and they live just fine. All about perspective!