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How to Make Life-Long Passive Income With Just $1
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[QUOTE="Mika, post: 263903, member: 29399"] In order to build wealth or passive income, you do not actually require a lot of money. It is fine if you have a lot of money, however, even if you don’t have money, can easily start. If you have some sort of income, can you set aside just $1 a day? I guess a lot of people can do that. If you set aside $1 a day, you will have $365 in one year. If you invest this money in the stock market and receive a 10 percent return on your investment, you will have a $65 income. If you compound your profits, you can easily build a good portfolio in 5-10 years. Let’s say you don’t want to invest because you think it is too risky. You save $1 every day for 10 years, deposit your money in a high-yield saving account and continue to compound your interest, how much money will you have by the end of 10 years? [/QUOTE]
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