4 ms·
The "passive income" meme does not help people invest better. If you want income from assets, Treasury bill rates exceed 5%. To earn more income you need to tak
by Bostonian 3y ago
The "passive income" meme does not help people invest better. If you want income from assets, Treasury bill rates exceed 5%. To earn more income you need to take risk. A stock that yields 5% may not be a better investment than a stock whose share count shrinks 5% annually due to buybacks. Total return matters more than "income".