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Free registration at the forum removes this block.Thanks for all of your replies, sorry I should have gone into more detail. I’m looking to make around £18,000-£20,000 ($29,840-$33,156) a year in passive income; this will cover my expenses and leave me £1,000 a month to keep invest. Would this be possible within 10 years? I’m assuming if I have a family my wife will be working so if she makes around £18,000-£20,000 a year then we will have around £36,000-£40,000 ($59,680-$66,312) a year which I think will be sufficient to raise a family but I could be wrong. So really what I’m trying to ask is how realistic is it for someone to make £18,000-£20,000 a year in passive income within 10 years with something like growth stocks, dividend stocks and bonds if they are able to save around £1,000-£1,500 ($1,657-$2,486) a month .
Thanks once again for your replies.
Absolutely love this!"An investment in knowledge pays the best interest." --Benjamin Franklin
I have been researching financial independence and investing for a few months now and I’m a bit overwhelmed with all of the information out there. I have been looking at blogs like Dividend mantra, Dividend monk, Early Retirement Extreme and Mr Money Mustache and these sites have introduced me to investing strategies like dividend growth investing and index investing. I would just like to know out of these or if there are any others that are the best for achieving financial independence within 10 years, I have read that dividend growth investing is too slow if you don’t have a large sum of money to invest but I’m not sure if that’s true or not.
I’m 19 at the moment
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