You are viewing a single comment's thread from:

RE: The passive income crossover point and wealth preservation

in #life7 years ago

I have not hit that point of passive income yet, and I imagine that I won't for at least the next few years - nor would I want to, I love what I do!

I do agree that is important to allocate assets properly so that wealth does no dissapitate. Investments that make you money purely due to price growth are not always the best investments - for me, I generally look for a second mechanism that provides me with passive income.

For example, if investing in a cryptocurrency, I always look at if the cryptocurrency is PoS or not, as that is one way that I generate passive income.

Thank you for sharing this information - I have just started a new blog series on my page all about how to create a passive income through cryptocurrencies to partly supplement your income, so it is great to read that others are interested in it.