Letters: Readers respond to an article about quitting the rat race, with some saying their generation was handed an untenable position and others saying the struggle is nothing new
I mean if you’re wealthy enough you can just make money on interest and dividends. You can get a 5% interest rate on $2m right now and that’s insured, no real risk. That’s like 75k/yr without doing any work.
But that’s probably not what most people mean when they say passive income. And basic income for the wealthy is kind of backwards.
I mean if you’re wealthy enough you can just make money on interest and dividends. You can get a 5% interest rate on $2m right now and that’s insured, no real risk. That’s like 75k/yr without doing any work.
But that’s probably not what most people mean when they say passive income. And basic income for the wealthy is kind of backwards.