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31 Passive Income Ideas to Build Real Wealth (Updated for 2023)

Good Financial Cents

The data is pretty good; however, the average person like you and I should make passive income investments through ETFs, a mutual fund, or index funds with low fees. There are two ways you can do this: Set it and forget it with a robo investment advisor Letting an algorithm manage your investments is about as passive as you can get.

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Transcript: Dave Nadig

The Big Picture

So for a while, I ran Wells Fargo’s 401(k) business because they had acquired that as part of Wells Fargo Nikko Investment Advisors. He was literally in college, got his guiding certificate in Maine, and we know what those guys are like, right? NADIG: — through all the acquisitions they were doing.