I had three bad experiences with investing that really defined my current investment strategy, and are the reason why I chose to invest in assets that generate completely passive income.
The first one was with a traditional savings account, which doesn't even have enough returns to beat inflation.
The second was by buying/selling stocks on the stock market. A lot of time spent analysing stocks and trading, with some losses at the end.
Finally, I also got into traditional real estate by buying a flat to rent it out, and had a lot of tenant issues which ended up with a lot of time lost and not a great return at the end because of all of the associated costs.
In 2014, when my business started to take off and I had some extra money coming on my bank account, I decided I won't repeat the same mistakes of the past. I made a list of what I wanted for my investments: assets that generate a regular amount of income, with decent yields, which don't require any type of time investment, and that can be acquired & managed completely online. That's what I call passive income investing.
I found two asset classes that meet those criteria: dividend growth stocks, and crowdlending platforms. And that's the two main topics you will hear about on my site.
I've made a lot of mistakes along the way while building my passive income generating portfolio, and all the content I create about investing is here to help you build your own portfolio while avoiding the mistakes I've made. And this page lists the best content I've created on the topic to help you get started.