Dividend Investing for Passive Income: How to Get Started So what is dividend investing for passive income? It’s one of the simplest and most proven ways to build passive income streams. By investing in dividend-paying stocks, you’re essentially creating a system where your money works for you. These are companies that pay dividends—a portion of their profits—directly to shareholders,… Read More Dividend Investing For Passive Income
Another most often asked question that is related to the investment topic is, should I pay my mortgage or invest the money? And it is always an interesting question and the answer always varies. Not one answer fits all It depends on many factors. We need to factor in the age, motivation, risk tolerance, market… Read More Should I Pay Off My Mortgage or Invest?
In this post, we will go through the concepts of 3 income types and how they can be classified. In general terms, income is money you can make in exchange for providing work (labor/service/product), capital at work(investment), or luck. Total Income = work + investment + windfall gain. Temporary Income Income is temporary if the… Read More 3 Income Types and What You Should Aim For