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Updated over 3 years ago on . Most recent reply

User Stats

56
Posts
25
Votes
Solomon Floyd
  • Texas
25
Votes |
56
Posts

Taking Your Returns Further.

Solomon Floyd
  • Texas
Posted

Hey Everyone,

I wanted to share a bit of the experience I have had with a mixed-income approach. This is the combination of my passive real estate income and the returns from my stock (options) trading. It's so important to put your income to work for you, that's how you grow your wealth! This is a basic example of taking $15,000 from my savings and making roughly 4%-5% per week on the cash value, I take $5,000 of my rental income and utilize that to grow the portfolio. This strategy is known as the variable income method, by deploying your passive income into opportunities that produce consistent and safe returns you can get to your goal quicker. This method has been applied in a much larger aspect to mine and my clients' portfolios, but I started this to highlight the ease of use for many of you starting out. Happy to answer any questions and offer a more in-depth explanation of how this works and when to establish this strategy. I will be posting an updated version of this every month to keep you up to date on the journey. 

Breakdown: 

$15,000- Deposit from savings

$5,000- Rental income from four properties

$2,224.04- Option trading income

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