It is the end of May, which could be a huge MAYDAY for the stock market! You’ve all heard the saying: “sell in May and go away”. Well, that saying doesn’t matter a bit because this is the Carnival of Passive Investing, and we’re focused on passive investing strategies for the long term.
There are many people looking for passive income today. Mostly because there are only 24 hours in a day. No matter where you live or what you do for a living, there are only 24 hours in a day and you can only be in one place at one time. In those twenty-four hours, you have to eat, sleep and work for your active income. But there is a way to passive dividend income. Dividend investing is a very popular topic for young adults, those who want to retire and even those already retired.
Essentially there are two types of investors – active and passive. It basically boils down to how much time you want to spend on your investments.
If given the choice, most people would opt to sit by the pool with a cocktail than trudge to work every day, even those people who claim to love their work would welcome the opportunity for a bit of a break.
