Ask HN: What is your passive income 2019?

Re:Ask HN: What is your passive income 2019? by tempsy on Tuesday October 29, 2019 @02:29PM (#21390511)

I just feel like I'm playing a game of chicken with a 10 year bull market. I usually leave it alone but I'm not going to wait around if the next recession turns out to a bad one.

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Re:Ask HN: What is your passive income 2019? by bluGill on Tuesday October 29, 2019 @03:15PM (#21390987)

I plan to wait out the next recession - history shows most people lose more trying to avoid recessions than if they wait them out.

Of course if I was closer to retirement that wouldn't work out. However that is why financial managers suggest a regular plan of diversifying into less risky (but lower return) investments as you get older. Target date retirement plans do that for you.

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Re:Ask HN: What is your passive income 2019? by danaur on Tuesday October 29, 2019 @04:11PM (#21391456)

Could you link sources on this? Want to share with a friend

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Re:Ask HN: What is your passive income 2019? by bluGill on Wednesday October 30, 2019 @09:16AM (#21397320)

https://www.bogleheads.org is one I like.

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Re:Ask HN: What is your passive income 2019? by itake on Tuesday October 29, 2019 @05:48PM (#21392450)

I think this concept is pretty cool

https://www.personalfinanceclub.com/time-the-market-game/

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