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.
Experts warn that the idea of a passive income, often promoted by self-proclaimed financial strategists on social media, can be an unrealistic goal for most people. According to psychologist Valentin Haas, the concept of passive income taps into people's desires for security, freedom, and relief, triggering a dopamine release. However, achieving a passive income that requires no active work is rare, and usually only possible for those who have inherited wealth or have successfully founded a business or made a lucrative invention.
Financial planners Michael Huber and Stefanie Kühn outline the challenges of saving and investing enough to live off one's wealth, citing the impact of inflation and the need for disciplined saving and strategic financial planning.
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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- Investing: Ten things I've learned about ETFs as a beginner handelsblatt.com
