Portfolio Income -
Keeper of The Middle Class
Portfolio income will not make you rich. Rich people may or may not have a portfolio, but it is certainly not how they BECOME rich. It is very important to understand how your focus and goals determine your circumstances in life.
People who have the goal of increasing their portfolio usually still work for an earned income. Focusing on building a portfolio is middle class strategy. This means you are still working for money. Some examples of this form of income include...
- Stocks
- Bonds
- Mutual funds
- Savings
- 401k
- IRA
At some point people naturally want to improve their situation. This requires an increase in your knowledge and understanding in order to increase your ability.
If you are focused on producing an earned income and your main goal is retirement, than you are limited in the amount of time you have to invest to become a more sophisticated investor.(because you are always working)
By not understanding more sophisticated investment strategies, you are likely to remain focused on working for your income and increasing your portfolio holdings with your retirement in mind. You may believe you are "investing" for retirement, but in reality you are only saving.
If you are willing to change your focus to passive income, with your main goal being your financial independence, than you will be on the path to becoming wealthy.
Leave the Portfolio Income Page and
and Go to The Passive Income Page
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