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How To Save Your Income From Your Investment
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[QUOTE="Viral.D, post: 4032, member: 573"] Here are three strategies you can apply To Save Money From Your Investment. 1. Spending Your Money, or Investment Withdrawal Strategy - The first way to live off your investments is by saving enough money, so you can withdraw funds from your investment accounts to pay all your bills each month. 2. Spending The Income Your Investments Generate, or the Income Streams Method - The second way to live off your investments is to own assets that generate cash flow, such as stocks, bonds, real estate or small business. Owning assets that generate cash flow allows you to pay the bills with the income you get from these assets. 3. Investment Withdrawal and Income Streams Combination - The third way to live off investments is a combination of using both funds withdrawn from your investment accounts and the income that is generated from assets that generate cash flow. Financial independence is knowing how to live off investments and doing it. As you can see, there are three main methods to accomplish this that all focus on getting funds from investing. Again, you either spend your savings, spend the income your savings generate, or do a combination of the two. Everyone must do what works for them in their pursuit to figuring out how to live off investments, the ultimate financial independence. [/QUOTE]
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