money money money tii: passive income and life on your own terms
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Oct 2, 2025 In this discussion, Nick Bradley, a financial independence advocate and YouTube creator from Spain, shares his insights on achieving passive income. He breaks down the reality of passive versus active income, emphasizing that true passive income is often less glamorous than it seems. Nick elaborates on dividend stocks, REITs, and options trading as smart strategies, while cautioning against reckless investments. He also highlights the importance of fixing life and career issues first before diving into passive income pursuits. It's a refreshing take on financial freedom!
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How Nick Funded Life In Spain
- Nick sold his house and had about $400k USD cash which he split between a money market and trading/dividends.
- He also keeps a debt-free US rental generating about $1,200 USD monthly to help fund living costs in Spain.
Use Dividends For True Passivity
- Dividend stocks and dividend ETFs are the most passive income according to Nick because payments arrive with minimal ongoing work.
- He tracks about $2,400 USD per month from dividends and mostly leaves the holdings alone.
Generate Weekly Income With Cash-Secured Puts
- Weekly cash-secured put selling can produce recurring premium income with limited weekly effort.
- Nick sells puts 5–10 times on Fridays and spends minimal time researching the rest of the week.
