Have Fun Staying Poor by Missing Out on Risk-Free Passive Income
The outcry “Gold! Gold! In the Klondike!” unfolded one of the greatest gold rushes in history. In 1897, an army of hopeful gold-seekers boarded ships in ports along the East Coast of the US and headed north toward the vision of riches to be had for the taking. Most of them were uneducated day laborers, blindly following rumors, they weren’t able to verify, just to hit the promised golden jackpot. A few made it, most didn’t.
Little has changed over the last two centuries. People are still looking for the quick bucks, following the Bitconnects and Safemoons of today and wondering why they don’t make it. For most of them, pursuing a long term investing strategy, which also incorporates ways to let your money work for you, isn’t part of their mindset, which makes them miss out big on risk-free cash flow opportunities.