Pyramid of Wealth: Where do you fall?

[myrdale]

I'm curious where you are investing that savings but generating no passive income. Stocks, bonds, mutual funds, ETFs, real estate, etc. all create passive income. Are you putting it all into precious metals and cryptocurrency?

Our portfolio generated about $100,000 in passive income last year.

I am saving 10% into the 401K and maxing the IRA for retirement, but I don't consider that to be "passive income" as it isn't money I am withdrawing for another 40 years. As for the rest of the money I am saving towards the future rental property (currently about $20k) that's just in a money market.

[disneysteve]

I am saving 10% into the 401K and maxing the IRA for retirement, but I don't consider that to be "passive income" as it isn't money I am withdrawing for another 40 years. As for the rest of the money I am saving towards the future rental property (currently about $20k) that's just in a money market.

Okay, so you're just using "passive income" to mean something different than I do. You're earning passive income. You're just not spending it yet. Neither am I (well I'll start this year).

[plodding_investor]

That's really why I picked 3.5 earlier. I stretched my position a little by considering my retirement investments since they can gain $1k a day. Then again, sometimes not, so maybe I should demote.

[LivingAlmostLarge]

health nice pyramid