Quote:
Originally Posted by GordonJ
$1,000.00 an hour? Sounds like a worthy goal, or starting point.
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Hi Gordon,
One interesting concept is the concept of money making money... With little or virtually none of your time!
It's possible... One way is through rental property. You own property, rent it out, hire a real estate agent to handle everything for you, and pocket the rest...
Of course, you can also do it through a fund with stocks. Effectively it's the same - you put your money in a fund, which means you're "hiring" the fund manager to manage the stocks for you, and you (hopefully) pocket the profit...
The reason why I found it interesting is - if you do it right, and succeed - it effectively becomes "infinite" dollars per hour of your labor, because you've put "zero" hours in...
Just a train of thought...
Best wishes,
Dien