/biz/ - Business & Finance

>>17547374
>but if I'm going to do that I'm going to get in on something that is existing and taking a dip due to current forces and I feel that can weather the storm and come back up
what people believe are a safe and stable bet changes competently over 10-20 years. over the long term your best bet is to just buy the total index
>But the idea is that if I can one day get to the point where my normal income is equated or supplanted by this passive income then I have become financially independent of any given employer.
passive income doesn't mean much in the context of stocks. selling for capital gains or taking those gains as dividends is mostly about the tax consequences.
use a retirement calculator to figure out you should be putting away to reach your goals. nit picking about dividends isn't going to help much.