Today we are talking about something we haven’t talked about in a while….Passive Income.

Because we all want to make money while we are chilling out watching TV.

We all know that making passive income is not that easy. It takes time.

I came across an article in  @Forbes   that says you can make $940/month with 3 simple steps.

https://www.forbes.com/sites/michaelfoster/2020/10/20/how-to-invest-100000-for-940-per-month-in-passive-income/?sh=36f0c85d5cec

I’m going to talk about these three steps and share why I think it may not be that simple.

00:00 Intro

03:05 1️⃣ Open a brokerage account

04:10 2️⃣ Buying a closed end fund

04:56 3️⃣ Sit back and wait

06:39  My beef with closed end funds

11:27 How closed end funds are sold

Closed end funds can be a little risky and a little difficult to understand.

Be sure to take advantage of the offer that  @Webull   has right now!

https://wealthhackerlabs.com/webull

Check out  @Let's Talk Money! with Joseph Hogue, CFA  on his thoughts on closed end funds:

https://youtu.be/_UIrO3ZxLqE

#passiveincome #freestocks