Y'all are a bunch of wankers!

John Sonmez a.k.a. Simple Programmer on Real Estate vs. S&P 500

There are many way to skin the cat. Different people have different situation and it is not one size fits all.

A comment from that video and I agree with it; just not the Forex trading. You can lose money so fast with Forex trading:

There is no one size fit all when it comes to generating passive income. lol My plan was to continue to work in the tech industry and focus on trading Forex part time.(I may get into other financial instruments.) If you save a 1 million dollars and generate 1 or 2% a month in returns that's 10K - 20K a month. That's more than Johns rental income! :-) Either way you still have to do the work if you really want to be financial free.
Permalink WildRiver 
April 19th, 2017 9:10pm
" If you save a 1 million dollars"

That's hard to do on an engineer's salary.

Sure, once you have 1M USD you can do a lot but how do you get there? Saving for 30 years?
Permalink NPR 
April 20th, 2017 8:41am
Yup.  At which point it's too late to get 30 years of compound interest on a million dollars.

Permalink SaveTheHubble 
April 20th, 2017 12:18pm

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