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Investing in Currencies

Investing £5,000 today could generate a passive income of…

Image source: Getty Images Building a passive income in the stock market isn’t hard. After all, the London Stock Exchange offers a vast array of dividend-paying businesses for investors to pick from, and even investing in a passive index fund can immediately start generating income returns. But how much money can investors earn with just £5,000 of starting capital? Crunching the numbers Let’s start by exploring the index fund approach. Right now, the FTSE 100 offers an overall dividend yield of 3.54%. So an investment of £5,000 at this rate...
Investing in Currencies

£20k in a Stocks and Shares ISA? Here’s how an investor could target £1,342 in passive income each month

Image source: Getty Images A Stocks and Shares ISA can be a platform for long-term investment. Not only might that mean capital growth, it can also mean sizeable income streams. Such an approach requires patience among other things. But long-term investment is all about patience, so that is no surprise. This approach can be highly lucrative. As an example, here is how an investor could put a £20,000 Stocks and Shares ISA to work in an effort to build monthly passive income streams of well over £1,000. Understanding how shares...