You may not realize it, but lots of people are looking for ways for their money to make them MORE money – we call that passive investing. In fact, “What is passive investing?” is one of the most commonly Googled search terms. 

We talk about this a lot with clients. Plenty of them are still in accumulation mode, but seeing what the path might look like is helpful. I asked my planners, when they are chatting with clients, what passive investment means to them.

Here’s what they said:

Joann Nieciecki:

“Passive investing is all about long-term growth through broad market exposure. Rather than attempting to time the market with frequent buying and selling, you use a buy-and-hold approach, often with low-cost index funds or ETFs. It’s an excellent option for anyone who wants a reliable and hands-off investing experience without high advisory fees.”

Brett Lathrup:

“Passive investing means creating an income without actively having to earn it. Dividends from investments and owning a rental home are common ways to earn a passive income. This might sound like a wonderful way to make money, but it usually requires a large capital investment to make it worthwhile.”

Sam Kirby:

“Passive investing is picking investments that align with your time frame and risk tolerance and letting them sit without constantly shifting things around.  It’s great!  Index funds and ETFs are the best tools for this investment style and allow you to invest in a very low-cost way while being super diversified. Investing this way means you can sit back and let the stock market do its thing…..which, over the long run, tends to pay off nicely.”

There you have it. Is investing a priority this year? Then I recommend you chat with us sooner than later… you can find out more about that here.