5 Ways To Succeed In Passive Investing
First thing that comes to people’s mind when they hear of the word passive investing is real estate most of the time. Yet, anyone who has owned an apartment or rental home knows that there is no such thing. It is because part of this investment includes collecting rent, doing repairs, paying taxes and so forth. All of this is equivalent to work. It is then common to think that it is really vital to be hands-on when it comes to retirement investment.
So what actually is meant by passive investing?
Number 1. Owning markets – a passive investor is not concerned with the performance of a particular company over the other with regards to stock price. If it is a well capitalized firm and is represented in broad index, the secret is to own it as well as all its peers.