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Passive income
#42

Passive income

@YMG

All you need is the standard paper work filed, deposit a sum into the investment bank and you can start trading.

Upon depositing the cash with the bank, you can request the cash to be parked into the money markets, which yields DAILY paid interest of 2.xx% per annum. That means if u r still undecided on the trades you're gonna take, your money will still grow, albeit at a slow pace. The downside is this cash will take 2-3 days to clear. So if you got an emergency that requires immediate cash it won't help.

YMG, having a target to cash out is definitely a good thing. I made mistakes staying too long in a biz because I didn't set a amount/date to cash out. That's where millionaire fast track made me realize I was not starting something that I wanted deep down.
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