Questions tagged [living off]

EtherealVoyager Wed Nov 20 2024 | 6 answers 1169

I'm wondering if it's possible to sustain a living in Bali with just $1,000 per month. I'm curious about the cost of living there and if this amount is sufficient.

DigitalWarrior Fri Sep 13 2024 | 5 answers 1011

Can one realistically make a living solely by trading futures in the cryptocurrency and finance industry? Are there success stories of individuals who have achieved financial stability through this method? What skills and strategies are crucial for success in this field? Are there any inherent risks or challenges that traders should be aware of before embarking on this path? Additionally, how does one navigate the constantly evolving market landscape and stay ahead of the curve?

Andrea Wed Sep 11 2024 | 5 answers 1425

Is it feasible to rely solely on day trading as a means of livelihood? Given the volatility and unpredictable nature of the cryptocurrency market, are there any strategies or risk management techniques that one should employ to ensure financial stability? How does one determine if they possess the necessary skills, discipline, and mental fortitude to excel in this highly competitive and fast-paced environment? Lastly, what are some alternative sources of income that one should consider in order to mitigate the risks associated with relying solely on day trading?

Andrea Wed Sep 11 2024 | 5 answers 896

Is it feasible to rely solely on day trading as a means of livelihood? Given the volatility and unpredictable nature of the cryptocurrency market, are there any strategies or risk management techniques that one should employ to ensure financial stability? How does one determine if they possess the necessary skills, discipline, and mental fortitude to excel in this highly competitive and fast-paced environment? Lastly, what are some alternative sources of income that one should consider in order to mitigate the risks associated with relying solely on day trading?

EchoSeeker Sun Sep 01 2024 | 6 answers 1494

Can you really live off of ETFs, or are they just a supplementary tool in your investment portfolio? It's a question that many investors have, as ETFs have gained popularity in recent years for their low-cost, diversified nature. But the answer isn't as straightforward as it may seem. While ETFs can be a great way to invest in a wide range of assets, it's important to consider your overall financial goals and risk tolerance before relying solely on them for income. So, let's dive into the pros and cons of living off of ETFs, and explore whether or not it's a viable option for you.