Quote from: DZU1410 on November 02, 2016, 07:34:06 PM

Quote from: Sibtalf on November 02, 2016, 07:16:17 PM

Passive income means that you just sit back and receive with only investing in the beginning.
It has to be automated when receiving for it to be considered passive as the post above mine already states.

Oh, yes, sit back and receive the income - this is perfect. But you need to work very hard to get capital, thanks to which will appear passive income

That true you need to work to get the capital, for example you buy the shares of the company you like. But, after you have bought a lot of if you can have the dividend automatically reinvest for more shares and you have the snowball effect.

I did that on two companies I like and I continue to have more shares every 3 mounts.