Can Investing in Stocks Be Considered Passive Income?

[moonchild]

investing is really interesting because it deals with making decisions and testing out assumptions on different assets classes, where you also make money when your prediction is correct or lose money when you're wrong all things being equal, there are also some stocks that steady that brings in some nice profits at the end of the year even though it's not much but it's consistent.

If you're thinking of building a passive income stream investing can be a way to get started, even though it's not advisable to make it your sole investment vehicle it can be a way to slowly grow your portfolio and if you're lucky, for example investing in good companies you can make fortune of it.

But the caveat here is, when starting in investing it's advisable to start with a lump sum because you can't make much if you started with small deposit, your can read about investing more on Investopedia.com.

 

[Ganibade]

Investing can be a good place to start if you're thinking about creating a passive income stream. For long-term success, though, it's critical to have an open mind and adhere to several tried-and-true guidelines. Investing can be a good strategy to gradually increase your portfolio, even while it's not a good idea to use it as your only investment vehicle. Establishing a strong financial base at the outset, defining your objectives, learning the fundamentals, and not being scared to start small are all crucial. It can also be helpful to seek assistance when needed and to be receptive to various investment approaches. Recall that investing is not a surefire way to gain money, so you should always base your decisions on your risk tolerance and financial objectives.