I'm probably rediscovering what many have already, but as I think about financial independence, I'm thinking about my method for taking net worth and translating it into income. That's one half of the financial independence equation; the other is expenses).
There's many ways to have passive income do this:
- Withdraw savings
- Sell assets
- Bonds
- Dividend paying stocks
- Some type of passive business
Then I start thinking about, interest rates, safe withdrawal rate, dividend yields and what does this all mean. Here are a few things that are helping me figure this out. More to follow.
Your Money or Your Life
A Random Walk Down Wall Street
The Single Best Investment: Creating Wealth With Dividend Growth
Physics of Wall Street
Chowder on Seeking Alpha
Project 3 Million
Mr. Money Mustache
Treasury Direct: I-Bonds
No comments:
Post a Comment