Quote:
Originally Posted by UnregisterED
It is not that difficult to earn a 10k passive income. A 2M portfolio having a mixture of blue chip banks, and REITS can easily get you 5-6% yield at relatively low risk.
s://theunnecessaryjob.blogspot.com/2019/06/portfolio-and-dividend-update-q2-fy19.html
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I do not really believe in passive income in blue chips and REITS etc. It is not difficult but a person has to actively monitor and manage these. It gets harder as one gets older and needs to rely more on the passive income vs a salary for expenses.
I feel that the success in those financial blogs is because we have had a long run without a depression in the markets.
Also, if someone has 2M, its advisable to break that down to different asset classes and also maintain some cash for emergencies and also for a war chest which means that it will not be a straight 4-6% yield for the entire amount.