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Welcome to this session of grand rounds, a collection of posts I have discovered in the blogosphere and have found of interest and hope you do too.
This offering of Grand Rounds looks at articles from around the web that deal with passive investing/mailbox money.
I am a huge fan of passive income and have previously written about how this type of income receives favorable tax treatment.
It really feels great when your capital works for you rather than you work for it.
Wealthy Doc certainly agrees with me in, “Make Your Money Work For You.”
I have primarily concentrated in passive investments with real estate syndications and index funds representing the majority of my portfolio.
But is there benefit to adding some actively managed investments into the mix?
Financial Samurai discusses this in, “The Recommended Split Between Passive And Active Investing.”
You may now be itching to build your passive income empire.
So how on earth does one do that?
There is a world of passive income investment opportunities that go beyond real estate syndications and index funds.
Physician on FIRE reveals a cool dozen of them in, “12 Passive Income Ideas for 2020 and Beyond.”
My plan has always been to achieve enough yearly passive income cash flow to support my retirement lifestyle without touching the principal.
That philosophy may not be right for everyone, but it suits my personality perfectly.
So what amount of cash flow would be right for you?
That is exactly the question The Darwinian Doctor asks in, “How much cash flow do you need to change your life?”
Hope you enjoyed the reading material.
Have a great rest of the week.
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