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1 high dividend ETF every investor should know (but nobody does)
I’ve made close to $60,000 over the past couple of years on my content side business, but I’m not satisfied just paying tax on that money and wasting the rest on junk to clutter up my house.
No, I want my money to make more money.
What I do instead is park that cash in a tax-sheltered account and then buy passive income investments with it so that everything I earn is compounded over time.
There’s only one problem with that.
Because I’m very picky about what investments I buy and I usually enter positions in small bits over long periods of time, I often have a lot of cash on hand.
And holding a lot of cash is a HUGE mistake a lot of people make when managing their own money — it’s literally costing them thousands of dollars a year and hundreds of thousands over a lifetime.
You see, inflation is constantly eating away at your reserves, and the crappy interest you get from parking the money in a savings account isn’t even close to being able to make up the difference.
So what’s a cash-rich DIY investor to do?
