The Saint-Graal of Capitalism : Passive income!
Who wouldn’t dream of being able to spend his life how he wants, do what he wants whenever he wants it? I would for sure! Passive income can give you that opportunity!
In order to own my time and have enough passive income to cover my expenses, I could have inherited from an obscure uncle I didn’t know about, but… it didn’t happen. I could have won lottery but… even though I bought many tickets in my life, I haven’t won yet. I could also have invented the new Google, a new cool app or I could have created the Gangnam Style dance… but, I guess I’m not creative enough because I haven’t been able to come up with any good ideas that could make me become rich at the speed of light.
Since the “get-rich-quick” scheme didn’t seem to work for me, I had to find other ways to create myself passive sources of income. I can tell you one thing, passive income is a simple concept, but it’s not easy to obtain. After all, nothing easy is really worth it!
The passive income is the Saint-Graal of capitalism. If you want to find it, you must work hard to get it!
I have decided to created myself multiple sources of passive income mainly through dividend growth investing. To get diversified, I will also explore other ways of creating passive sources of income through intellectual property who will be monetized online.
Since this blog is my journey from broke to financially independent, I believe I owe you to publish my progress.
There it is!!!
|dividends and stock sale||374,72$|
1184.02$ or 3,24$ per day
|Online income total||628,24$|
|Dividend income total||583,12$
1211.36$ or roughly 6,69$ per day
You want to invest like me? Learn with the pros! Warren Buffett is the greatest investors of all time. With a fortune estimated at more that 55 billions dollars, he’s someone you must listen to!
What about Benjamin Graham? He’s one of Warren’s mentor! He invented the principles behind the value investing theory.
“Investing is more intelligent when it’s more businesslike!”
Though I read many many many books about investing, these are my big three, the core of my investing strategy!
If you have the courage to go through all of them, I also recommend you to read the free letters to shareholders of Warren Buffett’s company, Berkshire Hathaway. You can find them here.
Image courtesy of savit keawtavee from FreeDigitalPhotos.net