Post
Topic
Board Economics
Re: Passive Income
by
Gogsy
on 18/03/2017, 15:09:36 UTC
When I first started working a full time job I had a little bit of spare money and I was researching the internet and youtube for ways to invest and practically the first term I stumbled upon was "passive income". I was so excited about that because I thought it would be easy to achieve. Boy I was wrong Smiley

The main problem is that there are so many "passive" opportunities you can find online but most of them aren't passive. For example one of the first things I thought would be good are various rev-share programs. Some people say it's the passive way of the making money but in fact it isn't, because in most of them you have to do something every day (like clicking on ads). I think that true way of passive income would be either buy something and start getting income from it, or work to make something by yourself initially and then start getting continuous income but not having any daily obligations. Of course that every business has some "maintenance" work, but the important thing is that you don't have to do something.