Category Archives: Passive Income

A dollar of passive income is worth two of active income

paasive-income-new-pound-coinImagine getting paid without lifting a finger or breaking some sweat. This situation is a dream to most people and very difficult to achieve without being fortunate enough to win the lottery, receive some inheritance or some other windfall. For the rest of us, it is up to hard work, saving hard and strategic investing to achieve this status. Passive income is the holy grail in the personal finance space and in this article I break down how valuable this type of income really is. Continue reading

How to track dividends for stock market index funds

“It pays dividends” – This is a fairly common saying which means that there will be a reward if we put a lot of effort into an activity or purpose. However, depending on the particular activity, it is not always possible to visualise these rewards even though they may not be abstract. A good example of this is the dividends paid by Accumulation stock market index funds. Continue reading

Lessons from Berkshire Hathaway – Build a Business and Invest in Stocks to Grow Wealth Faster

Berkshire Hathaway meetingAs today is the 6th of May it is one of my favourite days of the year. This is because the 2017 Berkshire Hathaway Annual Shareholders meeting will be held in Omaha, Nebraska at the Centurylink Center. Thousands of diligent investors will turn up to witness Warren Buffet speak and as always, the Oracle will provide long lasting insightful financial advice suitable for all. Continue reading

Earn Passive Income by Using Index Funds

passive income index fundsPassive income is defined as income which is obtained by applying a “hands-off” approach, where minimum or no work is required to manage the assets that produce the income. The main benefit of having sources of passive income is that you can use time, the most precious commodity, to engage in other enjoyable pursuits or for generating income in other ways instead of focusing on one activity only. Continue reading