Thread by @PreExponential

So I went on a Retweet bonanza this week for people earning just $1-$5/day from passive income plays.

Why? Why was this such a big deal?

Because when you really understand what passive income *is*, you target it ruthlessly.

1/x

Let's use $1/day as an example.

At the face of it, $1/day doesn't seem impressive. That's not even a cup of coffee, right? Why bother?

But $1/day is the wrong metric to look at. Actually, it completely understates the real power of passive income.

2/x

If you work 24 hours for $1, your hourly rate is:
$1/24 hours = 0.04¢/hour

If you work 0 hours for $1, your hourly rate is:
$1/0 hours = uh... wait, hold on... no, that can't. WTF!

∞/hour!?!

YES. YOUR HOURLY RATE IS *INFINITY*/HOUR.

3/x

Making $1 for no effort, your hourly rate is literally higher than:

ATTORNIES
PHYSICIANS
ENGINEERS
WALL STREET BROKERS
DRUG DEALERS

So making as "little" as $1/day means you've joined a super-elite club of high earners.

It may not feel like it yet. But it's a BIG deal.

4/x

Also, high paid jobs have expensive education debt. If you're pulling in ANY passive income, you've sidestepped all of that.

Once you realize just how powerful passive income is, you focus all your energies is scooping it up, be it nodes, annuities, rentals, etc.

5/x

Many of us don't need these ridiculously high daily passive income to see a substantial difference in our daily lives. $10/day = $300/month. That's enough to afford an extra grocery trip.

For some—especially those in developing nations—$1/day could make a HUGE difference.

6/x

2020's annual average American income: $67,521—$185/day.

Here's the punchline:
If the average American had $185/day in passive income, they could retire.

I'm agnostic on how—real estate, dividends, node rewards, whatever.

Get passive income.

Just start.

Even $1/day.

7/7