Comments on: Working For Money vs. Money Working For You https://eliteedgemoney.com/difference-working-for-money-vs-your-money-working-for-you/ Money | Minimalism | Mohawks Mon, 07 Dec 2015 21:32:20 +0000 hourly 1 https://wordpress.org/?v=6.9.4 By: Eff You Money https://eliteedgemoney.com/difference-working-for-money-vs-your-money-working-for-you/#comment-213978 Mon, 07 Dec 2015 21:32:20 +0000 https://staging.eliteedgemoney.com/?p=46498#comment-213978 Whoa, nicely done!

Right now my dividends are giving me about $20/month, and they’re not even “dividend stocks.” It’s a tiny amount compared to some, but the feeling is pretty cool.

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By: J. Money https://eliteedgemoney.com/difference-working-for-money-vs-your-money-working-for-you/#comment-213879 Mon, 07 Dec 2015 12:37:30 +0000 https://staging.eliteedgemoney.com/?p=46498#comment-213879 In reply to Mr. Enchumbao.

You get used to it after a while :)

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By: Mr. Enchumbao https://eliteedgemoney.com/difference-working-for-money-vs-your-money-working-for-you/#comment-213719 Sun, 06 Dec 2015 21:49:40 +0000 https://staging.eliteedgemoney.com/?p=46498#comment-213719 Awesome read. Make that money work for you day and night. I just wrote an article about passive income streams, in preparation to start putting out passive income updates but in percentages. We’re not as brave as you guys are to put out our numbers!

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By: J. Money https://eliteedgemoney.com/difference-working-for-money-vs-your-money-working-for-you/#comment-213176 Wed, 02 Dec 2015 11:47:37 +0000 https://staging.eliteedgemoney.com/?p=46498#comment-213176 In reply to Jan.

I used to invest in a smattering of everything (individual funds, mutual funds, dividend funds), then about a year ago I wised up and stopped trying to beat the system and switched to index funds only :) In fact, just *one* index fund – VTSAX. That’s where all my investing dollars are.

You can read why here:
https://eliteedgemoney.com/2014/06/lazy-one-fund-investing-strategy/

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By: J. Money https://eliteedgemoney.com/difference-working-for-money-vs-your-money-working-for-you/#comment-213174 Wed, 02 Dec 2015 11:43:33 +0000 https://staging.eliteedgemoney.com/?p=46498#comment-213174 In reply to Our Next Life.

Oh yeah – the market rules many portfolios once you get up there! Which is why some diversify more and get into other things like real estate or opening up businesses, etc. We all have our investing drug of choice :)

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By: Jan https://eliteedgemoney.com/difference-working-for-money-vs-your-money-working-for-you/#comment-213144 Wed, 02 Dec 2015 02:25:35 +0000 https://staging.eliteedgemoney.com/?p=46498#comment-213144 Thanks for the interesting articles. Do you invest in index funds? Or individual stocks?
Do you dollar cost average into index funds? What is your strategy? Thanks.

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By: J. Money https://eliteedgemoney.com/difference-working-for-money-vs-your-money-working-for-you/#comment-212556 Tue, 24 Nov 2015 11:45:17 +0000 https://staging.eliteedgemoney.com/?p=46498#comment-212556 In reply to John Europe.

It’s definitely a slippery slope, yes :) and usually at the end of the day we realize it was never about the money to begin with! I’m constantly evaluating my lifestyle and trying to figure out what truly makes me happy… it’s taking a while, but I get little insights here and there.

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By: J. Money https://eliteedgemoney.com/difference-working-for-money-vs-your-money-working-for-you/#comment-212555 Tue, 24 Nov 2015 11:42:28 +0000 https://staging.eliteedgemoney.com/?p=46498#comment-212555 In reply to JT.

Yikes! Exactly why I don’t mess around with chasing stocks anymore! Everyone thinks they’re an expert…

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By: J. Money https://eliteedgemoney.com/difference-working-for-money-vs-your-money-working-for-you/#comment-212554 Tue, 24 Nov 2015 11:40:18 +0000 https://staging.eliteedgemoney.com/?p=46498#comment-212554 In reply to Prudence Debtfree.

Thanks friend! You’re always so encouraging :)

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By: J. Money https://eliteedgemoney.com/difference-working-for-money-vs-your-money-working-for-you/#comment-212552 Tue, 24 Nov 2015 11:39:15 +0000 https://staging.eliteedgemoney.com/?p=46498#comment-212552 In reply to Icenine.

And if you go back to other months in the year it’ll be different too. You can cherry pick anything to make a case which you and I are both doing here, but the overall point is that it’s much better to set your money on a course to earn for you vs trading manual labor for it. That’s what I’m trying to get into peoples’ heads today.

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