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If I buy enough stocks that pay dividends can I live on passive income?
2 years ago
15
Good question.
Yes, this is possible. However, often the stocks that pay dividends and are most accessible to investors offer meager returns. So, yes, it works but it is not the best way.
You can achieve passive income far more quickly by investing in limited partnership interests in large multifamily investments or by purchasing corporate income bonds.
If you would like to learn more about passive income, I offer a completely free investor training course. If you end up becoming one of my mentees, I also can give you the book at some point.
Just register at the link below:
https://www.meetup.com/benjamin-z-millers-investor-networking-group/
I hope that helps and good luck with your investing!
Benjamin Z Miller
www.benjaminzmiller.com
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