Business
I’d invest $25 a week in cheap shares for a passive income in retirement
Investing money regularly in cheap shares could produce a generous passive income in older age. The stock market crash has caused many high-quality companies to trade at prices that are substantially below their long-term averages. Buying and holding them over the long run may produce impressive returns that create a worthwhile nest egg for retirement.
Certainly, there are risks facing the stock market in the short run. However, through buying a diverse range of companies and allowing them the time they need to grow, an investor may experience a greater amount of financial freedom in older age.
Buying cheap shares for a passive income
The stock market crash means there is the potential to obtain attractive capital growth from…
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