Investment: Stocks, bonds, ETFs, options: This is how it works with the side income without work
Do nothing and the money still flows: In order for the promise of passive income to come true, it is necessary to avoid common mistakes - and to say goodbye to an illusion.
Investment experts note that mere thoughts of passive income trigger feelings of happiness in the brain. While a regular income stream without working may initially require effort, it is indeed achievable. The German business magazine Handelsblatt illustrates four investment strategies to achieve this. Bonds promise particularly predictable passive income.
To best profit from this trend, investors should read about dividend stocks providing passive income. However, there are ways to extract even more from your stocks, such as through call options. Funds and ETFs can also generate high dividend yields for passive income. When these two words are mentioned, most people's minds race.
To create this allure, many self-proclaimed financial strategists promote their ideas for passive income on social media platforms, boasting about their success. Valentin Haas, a psychologist and leadership coach familiar with this phenomenon from countless sessions, explains that the allure of passive income primarily satisfies three wishes: security, freedom, and relief.
Upon thinking of a passive income, our brain releases dopamine, providing a sense of relief even though the situation hasn't changed. Videos, success stories, and promises like "Save sum X and live off it forever" create a strong dopamine rush. However, those who delve deeper into the offerings often find little concrete information.
The success of passive income depends on several factors, including the investor's knowledge and strategy.
Written by urgent.news from Handelsblatt's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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