If there's one thing I know for sure, it's that passive income matters - a lot.
My name is Alexis Assadi. I’m an investor and entrepreneur, and I’m also financially free. That is, the passive income that I earn from my assets exceeds my expenses. As such, I don’t need to rely on a job in order to pay my bills. In fact, I’ve only ever had one “real” job, which I quit at age 28.
I started investing at 19. Not because of foresight, but because my bank convinced me to do so. I was a student back then, working part-time at the campus gym and bar for $11/hr and $13/hr, respectively. I managed to save up $1,000.
Knowing this, one day a banker called and encouraged me to put it all into an investment product – a mutual fund. I had never heard of that before, but I trusted her and invested everything I had.
That initial experience sparked my interest in investing. A few years later, at 23, I came across the concept of passive income.