Today we are talking about something we haven’t talked about in a while….Passive Income.
Because we all want to make money while we are chilling out watching TV.
We all know that making passive income is not that easy. It takes time.
I came across an article in @Forbes that says you can make $940/month with 3 simple steps.
https://www.forbes.com/sites/michaelfoster/2020/10/20/how-to-invest-100000-for-940-per-month-in-passive-income/?sh=36f0c85d5cec
I’m going to talk about these three steps and share why I think it may not be that simple.
00:00 Intro
03:05 1️⃣ Open a brokerage account
04:10 2️⃣ Buying a closed end fund
04:56 3️⃣ Sit back and wait
06:39 My beef with closed end funds
11:27 How closed end funds are sold
Closed end funds can be a little risky and a little difficult to understand.
Be sure to take advantage of the offer that @Webull has right now!
https://wealthhackerlabs.com/webull
Check out @Let's Talk Money! with Joseph Hogue, CFA on his thoughts on closed end funds:
https://youtu.be/_UIrO3ZxLqE
#passiveincome #freestocks
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