I run a water filter business. I was making about $1,000 a month selling fridge filters, but now I focus on commercial filters and haven’t paid much attention to the fridge filter side. I’m happy to wholesale some of that if you’re interested. At the time, I was only spending about 2-3 hours a week on it. If this sounds interesting, feel free to DM me.
I already have enough passive income to live off. It comes from crypto, index funds, and HYSAs. It’s pretty simple. Earn. Invest. Repeat.
I wouldn’t suggest saving money first and investing later. I’d recommend investing monthly right away. It’s the simplest approach. Most people try to over-complicate it. Don’t be like them.
Arin said: @Flint
How old are you, and how long did it take you to get to this point? Also, about how much were you investing monthly?
Took me around 20 years. I’m in my 50s now. I don’t know how much I invested, as it was spread across different investments at different times. For example, when I had $20k, I might have used it as a deposit for a house to rent out. I bought 8 over the years, all sold at different times. Only recently did I invest larger amounts into index funds and crypto.
If I could do it all over again, I’d skip property and just add monthly to index funds and crypto.
I just buy and hold long-term. I may swap some positions now and then. I swapped some ETH for SUI last month. I don’t think I traded anything last year.