Let’s say you read the article about earning passive income from stocks and don’t feel like you have the time to research companies to buy. You might think you need to pay a stock broker/financial advisor 2% of your assets to buy them for you. Fortunately there is a similar, cheaper option: Funds!  Investment managers […] The post How to Buy Passive Income: Mutual Funds/ETFs first appeared on Beginners Passive Income ..read more

Asset location is just as important as asset allocation. Where you hold your investments will determine your personal after-tax return. Some goals and investments have long time horizons and can withstand to be in a retirement account that may not be touched for years. However, what if you have a short-term goal like a downpayment […] The post Portfolio Management: Taxable (non-retirement) Account first appeared on Beginners Passive Income ..read more

Debt is a weapon that should be handled with care. You can either use it to build out your passive income streams, protect your income streams and lifestyle, or destroy your wealth. There are many options for borrowing money so we will give a brief overview here for now. What is debt? Debt is when […] The post Portfolio Management: Leverage (Debt) Overview first appeared on Beginners Passive Income ..read more

There are many options now for investing in accounts meant to be used for retirement. It can be a little overwhelming! Let’s break down the different options you have so that you can choose which one makes the most sense for you. Retirement Accounts The idea is that you can put your money into an […] The post Portfolio Management: Retirement Accounts first appeared on Beginners Passive Income ..read more

You may see many people on the internet talking about passive income. What’s not to be desired about earning money while you are doing other things? It’s a hot topic that deserves to be understood since there are a lot of misconceptions about what it is and how it is obtained. What is Passive Income? […] The post The True Definition of Passive Income first appeared on Beginners Passive Income ..read more

While we would all love to follow the timeless investment advice to “buy low, sell high”, the reality is that it is very difficult to time the market. One of the risks of investing is that it is always possible to lose what you put into it, especially if you have need of the money […] The post Portfolio Management: Tax Loss Harvesting first appeared on Beginners Passive Income ..read more

While dividends represent one of the most passive income streams you can have, you also have to realize it increases your taxable income. This is of course assuming you are investing in a non-retirement account, also called a taxable account, and will receive a tax form indicating the income. In a retirement account, you only […] The post Portfolio Management: Dividend Taxes first appeared on Beginners Passive Income ..read more

Almost all passive investors must deal with capital gains at some point in their journey. There are various ways to avoid paying capital gains tax under the guidance of your tax professional, however you may find some forms of capital gains more favorable than other income streams you’ve added to your portfolio. Capital Gains The […] The post Portfolio Management: Capital Gains Taxes first appeared on Beginners Passive Income ..read more

The ability to market your products and services to anyone with a wifi or internet connection is absolutely amazing! The possibilities are seemingly endless and new businesses are being started everyday. In this article we will go over the opportunity you have to BUILD passive income streams using only your phone and laptop. What is […] The post How to Build Passive Income: Internet-Based Businesses first appeared on Beginners Passive Income ..read more

Remember those movies with the loan sharks who lend people money and then their gang goes to find the poor soul who borrowed money from them? Minus the gang and harsh treatment, this is an actual business that you can build up for yourself. People need money to build and expand business and if you […] The post How to Build Passive Income: Private Lending first appeared on Beginners Passive Income ..read more