Financial sites across internet will tell you how you can earn passive income, but let's be honest — a lot of what's touted as passive income isn't actually passive.
If you want to generate income that's truly passive, consider dividend investing.
The goal for many users of his site, old and young, says Bollinger: "Generate income without a paycheck."
That means, if you have $1 million invested in a mutual fund or exchange-traded fund that tracks the index, you could expect annual dividend income of about $15,000.
Dividend income strategies to consider
Persons:
Brian Bollinger, Bollinger
Organizations:
Simply