Introduction - Passive Income Wise |
|
|
|
classicalsaver
New Member
Cash: $ 0.95
Posts: 4
Joined: 27 Feb 2017
Location: New York |
Introduction - Passive Income Wise |
|
|
My name is Francisco. I own a blog called Passive Income Wise. My blog is a personal finance blog with posts about savings, investments, debts and personal finance.
I'm a married man saving to buy my first home. I work full time during the day and I do blog at night.
My personal blog is https://passiveincomewise.com
Last edited by classicalsaver on Sun Apr 02, 2017 9:43 am; edited 2 times in total |
Mon Feb 27, 2017 9:43 pm |
|
|
Proudchocoholic
New Member
Cash: $ 0.65
Posts: 3
Joined: 07 Mar 2017
|
Hi! I'm also saving up for my first home. It's hard as there is so much to save and I don't think we'll get there anytime soon, but I've just got to keep going!
|
Thu Mar 09, 2017 11:45 am |
|
|
oldguy
Senior Member
Cash: $ 751.85
Posts: 3656
Joined: 21 May 2006
Location: arizona |
|
|
|
quote: My name is Francisco. I’m a 29 years old guy from Spain living in Cambridge (UK). I work as an engineer while I’m finishing a PhD in data analysis.
In my opinion, you are applying your resources ) and spare hours) to the wrong
You're a phd engineer, you can earn in the 150,000 range - there are better ways to earn money than blogging for only 3000 per YEAR. I'm an engineer, retired, I always felt that my math skills served me twice - first to earn a steady income for my family - and second, to understand how to build that good salary into a fortune. And "time" is a primary variable - age 29 is a perfect time to start. Invest 10,000 per year into a Stock Market Index Fund, for the US and most euro countries, the average longterm return is 11%/yr. Compound that for 30 yrs and it will be 2,600,000 when you are age 59. Have 10,000/yr taken from your income and automatically invested, no work on your part, wait 30 years. A truly passive income.
BTW, there are plenty of engineering jobs in Spain where spanish/french are the languages of choice - one eg would be the off-shore wind turbines (GE).
|
Fri Mar 10, 2017 12:25 am |
|
|
CredoWealthManagement
Member
Cash: $ 3.40
Posts: 16
Joined: 20 Mar 2017
Location: Denver, Colorado |
Hello and welcome, Francisco!
|
Mon Mar 20, 2017 10:46 pm |
|
|
|