Grow a passive, escalating income
Eikestadnuus, October 2015
Building a passive income is the long-term goal of savvy and seasoned investors – and it should be the standard and most important consideration of all long-term investors, says Stellenbosch-based private client wealth business Plexus Wealth.
“These investors enjoy the benefit of a constant income stream that grows over time, either reinvesting the income for future growth, or using it to cover their living expenses throughout retirement,” says Eric Jones, chief executive of Plexus Wealth.
They do this by investing in portfolios that pay regular dividends. These are portfolios that identify assets or shares with a solid track record of providing an attractive and growing income stream. By reinvesting the income, the capital can grow quicker due to the effects of compound interest.