Fri Jun 07 2024, by Tyler Gardner
3 Legitimate Ways to Make Money in Your Sleep
What if I told you that I could show you three legitimate ways to make money in your sleep by the end of today? And all I'm asking is for 45 seconds of your time. If any of this is helpful, like and follow, and I'll keep trying to get you one step closer to where you need to be.
1. Automate Your Retirement Contributions
I want you to go to Human Resources today and ask them to put 10% of your paycheck directly into a Roth IRA or a 401(k). Yeah, this is gonna sting in the short run, but it will be the single most important thing you can ever do for your ultimate financial freedom.
2. Invest in Index Funds
Now, you're going to invest that money into a low-cost index fund, or even better, a no-cost index fund like Fidelity's FZROX. This fund tracks 2,500 of the world's biggest companies. So as they grow, so does your money.
3. Automate Everything
You are going to automate steps one and two so that you never forget to do this on a monthly basis. I want you to forget that you’re even doing this, so that one day, years from now, you’ll look up and say, Bam! It’s time to retire.
Thank you, Tyler. Best I got.
Source