Net Worth vs. Passive Income: The Difference Between Static and Functional Wealth
(eBook)

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Published
Joshua King, 2021.
Format
eBook
Language
English
ISBN
9798201003081

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APA Citation, 7th Edition (style guide)

Joshua King., & Joshua King|AUTHOR. (2021). Net Worth vs. Passive Income: The Difference Between Static and Functional Wealth . Joshua King.

Chicago / Turabian - Author Date Citation, 17th Edition (style guide)

Joshua King and Joshua King|AUTHOR. 2021. Net Worth Vs. Passive Income: The Difference Between Static and Functional Wealth. Joshua King.

Chicago / Turabian - Humanities (Notes and Bibliography) Citation, 17th Edition (style guide)

Joshua King and Joshua King|AUTHOR. Net Worth Vs. Passive Income: The Difference Between Static and Functional Wealth Joshua King, 2021.

MLA Citation, 9th Edition (style guide)

Joshua King, and Joshua King|AUTHOR. Net Worth Vs. Passive Income: The Difference Between Static and Functional Wealth Joshua King, 2021.

Note! Citations contain only title, author, edition, publisher, and year published. Citations should be used as a guideline and should be double checked for accuracy. Citation formats are based on standards as of August 2021.

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Grouped Work ID50f887f9-a94b-0099-a787-34127116f54f-eng
Full titlenet worth vs passive income the difference between static and functional wealth
Authorking joshua
Grouping Categorybook
Last Update2024-05-15 02:00:47AM
Last Indexed2024-05-16 02:59:31AM

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    [synopsis] => There are tons of "net worth" millionaires roaming the streets. Don't be fooled by their bragging and showboating. Most of them bought the right property at the right time. Or they invested in Tesla and let Elon Musk do the heavy lifting. The question becomes if they sold their stocks or homes, how would they invest the money to achieve the same results? Building a high net worth doesn't always take much financial education. We need to buy a home, so we buy a home. The market does the rest. However, achieving a high level of passive income takes financial sophistication. Would you rather have $1 million in the bank paying you nothing (Tesla) or $40,000/year of income from dividends? Everyone is different, but I want the cash flow. Inside, I look at the differences between static and functional wealth to help you decide how you want to become rich.
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