How much money do you need to have a passive income of 1k per month from stocks and bonds?

Good question.

To have 1K per month this is 12K per year. Let’s say you purchase bonds that pay 6% interest. You would need to purchase 200,000 bonds paying 6% annual interest to achieve monthly income of 1K per month.

Stocks don’t normally pay passive income. There are some that pay dividends but these can be canceled anytime the company does not want to continue paying a dividend. Bonds give you more rights to the income ahead of common shareholders.

I hope that helps and good luck with your investing!

Benjamin Z Miller
www.benjaminzmiller.com