Passive Income
Building portfolio cash flow from dividends, interest and rents.
Sustainable passive income starts with capital, not clever products.
Sustainable passive income starts with capital, not clever products.
Model income after taxes and inflation, not on gross yield.
Key concepts to master
- 01.Total cost of ownership, including fund fees and platform fees
- 02.Liquidity: when, and on what terms, you can get your money back
- 03.Tax treatment and which account type this belongs in
- 04.How this exposure overlaps with what you already own
Common mistakes
- ×Sizing a position based on recent performance rather than a written plan
- ×Confusing infrequent valuation with genuine stability
- ×Ignoring the tax drag of frequent trading in taxable accounts