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Investing money: Stocks, bonds, ETFs, options: That's how it works with making extra money without a job

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.

Translated from German Read in German

Investing money: Stocks, bonds, ETFs, options: That's how it works with making extra money without a job

Psychologists note that the idea of passive income triggers feelings of happiness in the brain. According to Valentin Haas, a psychologist and leadership coach, the concept of passive income combines three desires: security, freedom, and relief. The thought of achieving this can cause a brief sense of euphoria due to the release of dopamine. Many self-proclaimed financial strategists on social media promote their ideas for passive income, often making promises that seem too good to be true.

Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.

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