Paying Your Water Bill with Preferred Shares
ebook ∣ It's Time to Pay Your Bills with Dividends: Suberp Investing, #7 · Suberp Investing
By Joshua King
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Let's retire tomorrow! The first step is paying all your bills with passive income, such as dividends.
Before you pay all your bills, let's start with one: your water bill. My water and trash bills cost $70/month.
I can invest $10,500 in preferred shares that yield 8%, generating $70/month in passive income.
Learning about debt, equity, interest rates, and capital gains is the best part of the journey toward financial freedom.
Once you learn these terms, you will make informed decisions about your wealth and happiness. Welcome to the world of passive income. Good Luck!