Replies to post #282 on The "Stock Trading Riches" Investment Sy

[PraveenP]

Hi AIMster,

Thanks for your condolences. Sorry I haven't been on much.

As far as passive income:

1. If you have an investment account (managed by my system, AIM, buy/hold, etc), then you can afford to take 4% out a year without worrying about it running out of money. In fact, at 4%, it should grow enough to keep up with inflation. If you are older, and don't mind exhausting the fund in, say, 20 years, you can take out a more aggressive % each year.

2. Trying to sell products over the internet, multi-level-marketing, etc. don't really work and are hard. There are so many people trying to get rich quick.

3. The best way to get passive income is to expand your definition of "passive" to include working from home. Then, you can get free-lance work like writing or programming or consulting/coaching.