Passive Income is a Myth
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Top Comments (10)
You're a mind reader, my friend. I always laugh at these YouTubers who brag about being retired before they've reached 40 years-old. It's like, bro, you're putting out 3-4 videos a week, selling a course, and privately coaching people to supposedly retire on passive income. And probably managing crypto, stocks, and real estate behind the scenes. That's all work, not retirement. That's not passive at all.
Great closing words: "Everything has to be watched. Everything has to be managed." ... unless you want to live in the forest, sleep on the ground, and forage for berries that statement is very important.
Thank you for calling out the bs of the fake financial gurus on YouTube who only want to sell you their course. I appreciate your genuineness.
As a professional poker player it's not very often I see someone of Andrew's caliber not being completely dismissive of poker as a career/lifestyle choice. I give even more props to the fact that he seems to understand how incredibly difficult it is & how much work is required to be truly successful at it. It's honestly refreshing.
Its delayed gratification rather than passive income, you need to work hard for decades and invest as much as possible to build a portfolio that pays for your life style
Remember, in the Gold Rush, the only people who made 'real' money were the folks selling pics & shovels.
I 100% agree about the “company it keeps”. The passive income mantra attracts a ton of scammers and borderline scammers. Like sure their course might be legit, but you don’t necessarily need to buy a course to learn what they’re trying to teach.
I have yet to meet one person who talks about "passive income" that isn't seriously lazy and work avoidant. It's kind of amazing because if they'd just put that same effort into creating value they wouldn't be broke.
No such thing as "easy money" in a free market! Thanks for the content
You have no idea how badly I needed to hear this and get this explained, thank you.
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Top Comments (10)
You're a mind reader, my friend. I always laugh at these YouTubers who brag about being retired before they've reached 40 years-old. It's like, bro, you're putting out 3-4 videos a week, selling a course, and privately coaching people to supposedly retire on passive income. And probably managing crypto, stocks, and real estate behind the scenes. That's all work, not retirement. That's not passive at all.
Great closing words: "Everything has to be watched. Everything has to be managed." ... unless you want to live in the forest, sleep on the ground, and forage for berries that statement is very important.
Thank you for calling out the bs of the fake financial gurus on YouTube who only want to sell you their course. I appreciate your genuineness.
As a professional poker player it's not very often I see someone of Andrew's caliber not being completely dismissive of poker as a career/lifestyle choice. I give even more props to the fact that he seems to understand how incredibly difficult it is & how much work is required to be truly successful at it. It's honestly refreshing.
Its delayed gratification rather than passive income, you need to work hard for decades and invest as much as possible to build a portfolio that pays for your life style
Remember, in the Gold Rush, the only people who made 'real' money were the folks selling pics & shovels.
I 100% agree about the “company it keeps”. The passive income mantra attracts a ton of scammers and borderline scammers. Like sure their course might be legit, but you don’t necessarily need to buy a course to learn what they’re trying to teach.
I have yet to meet one person who talks about "passive income" that isn't seriously lazy and work avoidant. It's kind of amazing because if they'd just put that same effort into creating value they wouldn't be broke.
No such thing as "easy money" in a free market! Thanks for the content
You have no idea how badly I needed to hear this and get this explained, thank you.