Is passive income real

Stunna

Valued Contributor
Yes, passive income is real. Passive income refers to the concept of earning money without actively working for it. This can come from investments, rental properties, or businesses that generate revenue with minimal involvement from the owner. While the idea of passive income is appealing, it often takes time and effort to establish a stream of passive income, and the amount of money generated may not be as much as people expect.
 

EKUSANI

Active member
Sure! Passive income is a term that refers to any form of income that is earned without the need for constant active effort. It is a type of income that is generated automatically, allowing the recipient to earn money while they sleep, or while they are engaged in other activities. Some common forms of passive income include rental income from property investments, interest income from savings accounts or bonds, and dividends from stocks or mutual funds.

In many cases, creating a substantial passive income stream requires a significant initial investment or effort, such as buying rental properties or starting a business that generates recurring revenue. Additionally, passive income streams may also be subject to taxes and other regulatory requirements, so it is important to carefully consider the legal and financial implications of any passive income-generating opportunity before investing time or money.

It is also worth mentioning that passive income is not a guarantee and that the amount of income generated can be influenced by market conditions and other factors, so it is important to carefully research and consider the potential risks and rewards before investing in any passive income opportunity.
 

Suba

Moderator
Staff member
Passive income is indeed real, passive income is often interpreted by people with income without work or income while sleeping, but there are also people who interpret passive income as a part-time job so with little work or activity.

There are five types of passive income that you need to know:
First. securities such as mutual funds, bonds, and stocks, you will get interest and dividends.
Second. cryptocurrency you can also earn interest and staking rewards.
Third, the property being leased, be it residential property, shops, or houses for boarding houses.
Fourth, business without being involved in daily activities such as partnerships, business franchises, etc.
The five side businesses or freelancers such as writing, completing surveys, working on forums etc.
 
P

Patricks

Guest
The reliability of passive income depends on the source of the income. Some passive income streams, such as rental property or dividends from stocks, can be relatively stable and predictable. However, others, such as starting a business or investing in the stock market, can be more volatile and unpredictable. It's important to carefully evaluate the potential risks and rewards of any passive income stream before investing your time and money. Additionally, it's a good idea to diversify your passive income sources to spread risk and increase overall reliability.
 

Imran Noori

Verified member
Definitely passive income is real and many people are making money out of their passive income streams, passive income's meaning is earning while you are not working actively.

There are different passive income streams on the internet, here I want to mention two of them:

1. Investment is a great way of building a passive income, you can build this passive income stream by investing in crypto market, stock market and real estate.

2. Affiliate marketing is another form of passive income in which you share products' links with your audience for buying the product but for building it you need to have big audience who trust you.
 

Augusta

VIP Contributor
Yeah you can make money through passive income because it is a genuine way of making passively.

So Passive income entails earning money without actively working for it. In this case you allow your money works for you. You just have to set things like investments, rental properties, or businesses up

These set ups will help generate revenue with minimal involvement of you as the owner. While the idea of passive income is appealing but it not really easy to achieve it but the good thing is that it is doable. The thing is that it takes time and effort to establish a stream of passive income.
 

dmitrinekol

Active member
Run app, which securely shares your internet connection with no access to personal data.
If you have access to a cheap Internet connection, free connection, or you have got an unlimited bandwidth subscription and you are looking to profit from it, then then the Peer2Profit service is the service for you. You get passive income by just installing their client application.

https:// topideas2023tomakemoneyonline.blogspot.com/2023/01/blog-post.html

Doing so would get you into their Peer-to-Peer (P2P) network, providing your device to be used as an exit node or front for proxy services. The service does not have a proxy service on its own. Instead, it provides the devices in its network to partner proxy service and profit from such while you also make money.
 

moonchild

VIP Contributor
Passive income is real, this is like asking if making money is real, people make passive income, yeah sure, but it is not as easy as all of these bloggers portray it, it takes a lot of blood and toil to get to the real passive income, most of the times you don't get to start making passive income from the get go, it is after a long time, when people have start noticing what you are doing, there are different ways you can make passive income.

But if you are just getting started, It will be better to focus on making active income, less you have a money route, if you don't then it is a no brainer to work for a long time without seeing money flowing, it will discourage you and make you give it up all together, but if you are making an active income, then building a passive income will be like a side hustle for you.
 
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