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Passive Income
Which type of passive income do you prefer?
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[QUOTE="moonchild, post: 222784, member: 57467"] Well, I prefer paper assets, because if you understand how it works you'll be able to make a fortune out of it with out really doing anything literally. Before I thought these things are difficult and they don't yield much but when you go deeper you'll realise it is really deal and it is way better than any investments you've listed up there maybe only real estate investment can come closer. If a bank has a fixed deposit tenure for 5% monthly maybe for a minimum opening balance of #500, 000 that's just 50k monthly and I don't think it's a bad bet for not doing any single thing. But where it gets juicy is when you have. A lot of money for example if 10M your return on investment will be 500k every single month, and you can use this as your salary to take care of yourself which is even way too much monthly even if you live lavishly. That's why I always advise people to go into business that you can make crazy money then use your profits to make passive money that's the path to financial independence, not doing these businesses that everyone else is doing and still barely getting by. [/QUOTE]
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