Business
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=36f0c85d5cecI’m going to talk about these three steps and share why I think it may not be that simple.00:00 Intro03:05 1️⃣ Open a brokerage account04:10 2️⃣ Buying a closed end fund04:56 3️⃣ Sit back and wait06:39 My beef with closed end funds11:27 How closed end funds are soldClosed 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/webullCheck out @Let's Talk Money! with Joseph Hogue, CFA on his thoughts on closed end funds:https://youtu.be/_UIrO3ZxLqE#passiveincome #freestocks