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What is the true meaning of passive income
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[QUOTE="Deleted member 13140, post: 156598"] I will like to address what passive income means, alot of people view it differently.. People hearing it for the first time will view it as making the first huge money online let's say $10,000 or maybe even $1000. [B]According to some others - [/B] Passive income consists of earnings which are generated through rental property, I think it includes limited partnership, or any other enterprise that the body isn't involved actively I think what this means is stock investment. I think this is the official definition for passive income, its literally everywhere, anyways since that's the definition let's go with it. Mostly the brands that are defining passive income this way are brands who has apps for investment in stocks and real estate stuff. [I][B]My Theory [/B][/I] The truth being that passive income isn't that, the definition above is one sided you have to define it generally. So here is what I think it is, passive income involves regular income coming in earnings from a source that isn't a 9 - 5 Job, earnings you don't get as an employer or one time contract. Earnings you get for less effort Basically it's income that comes regularly, Income that is above $1000, that you're sure comes in every single month above $1000. Income that continues to come in even after the work is done But in all, no matter the definition it's still passive income [/QUOTE]
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