• I_Miss_Daniel@lemmy.world
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      1 year ago

      Without a passive income it is difficult to become rich.

      He who is paid by the hour can only trade his time for money.

    • Vinstaal0@lemmy.world
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      1 year ago

      No it isn’t people investing and expecting massive ROI are already part of the problem. They are driving companies to generate as much profit as possible.

      You need a salary of 350k a year after tax which is like a 700k salary before tax. Or more likely you need a good company and yeah they will be evaluated for a sale for in the milions, but generally that is incorrectly counted towards your net worth. Since you are counting future income from the company towards your net worth.