Post
Topic
Board Economics
Re: Passive Income Sources
by
familiaverde
on 20/09/2021, 14:41:52 UTC
On the average, millionaires have 7 sources of passive income. Share your streams of passive income as this may help a reader build more wealth.
I think passive income is an over-hyped thing, people think that passive income is generated just by laying on the couch and watching Netflix but this is not the case. You have to work hard to even generate a passive income source, the way it works is that you first have to learn a skill, even if it's stock fundamental analysis or some real estate, then you invest your money and time into that for a few months or years and after sometime it becomes  a passive income source because you don't have to look upto it everyday, but still you will have to tweak a lot of things here and there in passive income sources also. While this generation is taught that passive income is just that you throw your money somewhere and it generates income while you watch your favorite web series.