

34: Generating REAL Passive Income
Oct 16, 2023
Learn how to generate REAL passive income through investing in music royalties, dividend-paying ETFs, and selling covered call option contracts. Discover the advantages of SPYI, tax efficiency, and tips for getting started with covered call option contracts. Explore investment strategies for building wealth with $20,000, including Roth IRA, index funds, and treasury bills. Understand the importance of time in the market and the difference in fees between investment options.
Chapters
Transcript
Episode notes
1 2 3 4 5
Introduction
00:00 • 3min
Generating Passive Income Through Music Royalties and Dividend Paying ETFs
02:46 • 3min
Generating Passive Income with Covered Call Option Contracts
06:14 • 4min
Building Wealth with $20,000: Investing Strategies for a 17-Year-Old
10:30 • 4min
Timing the Market vs Time in the Market
14:23 • 8min