Introduction to Passive Investing
Passive investing is an attractive way to grow your wealth over time without the need for constant management or decision-making. By employing a buy-and-hold strategy and focusing on long-term gains, passive investors can benefit from the power of compound interest and the growth of the market. In this article, we’ll explore various passive investment options that can help you generate a steady stream of income with minimal effort.
1. Investing in Dividend-Paying Stocks
Dividend-paying stocks are a popular option for passive income seekers, as they provide regular cash payments to shareholders. By investing in these types of stocks, you can enjoy a steady income stream without needing to sell your shares.
