Question

How can I generate steady income without working?

8 months ago - 3 answers

Best Answer

Chosen by Asker

Have over 10x your desired annual income that you would invest, bonds, stock market, etc. The actual investment and rate of return depends on the risk, I didn't account for the percentage to pay an portfolio manager, since that can take a significant number of hours a week, unless you invest in low yield bonds that don't require watching.

8 months ago

Other Answers

That would require investment income. If you can invest in stocks, etc & they pay a dividend then you can collect that without really doing anything. If you don't have a large amount of money to start with then your pretty much going to have to get your hands dirty.

by thomas - 8 months ago

marry someone rich!

by MADLUV - 8 months ago