Title.
I'd like to reduce the risk-on approach in the coming years, and start thinking about ways to generate a passive income.
Anyone here who has done the above, or is thinking in the same direction?
I don't wanna go too much into details about my holdings; therefore I'd simply like to ask what's needed to generate, for example, €800,00 per month in passive income- wether this is through ETF's or something else.
I won't be able to rent-out property.