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Assuming you absolutely do not touch the money, and cash out at the correct time after 11 years. I understand that the income is passive, but you do have to mo
by quaquaqua1 7y ago
Assuming you absolutely do not touch the money, and cash out at the correct time after 11 years.
I understand that the income is passive, but you do have to monitor the markets to make sure you don't get caught during a downturn. For me, I would rather invest my time into my career as that money is more safe in the form of cash income than it is in the form of a portfolio. Just my opinion :)
- WalterBright 7y ago> Assuming you absolutely do not touch the money, If you spend it, you're not investing it. > and cash out at the correct time after 11 years. You'd be making bank regardless of when you cashed out. > to make sure you don't get caught during a downturn I ride the downturns down, and back up the other side. That's how buy and hold, hold, hold, hold works. Timing is for fools. > I would rather If you would rather not invest in stocks, that's your choice, but it doesn't justify complaining about the "ownership class" that does.