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Passive Income
The benefits of creating a passive income stream
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[QUOTE="Mika, post: 283945, member: 29399"] Passive income is income that you generate without any ongoing work or little work. Stock investment or real estate investment is passive income because you continue to collect dividends from stocks or rents from your property and you do not have to work to receive dividends or rent. If you have a business and if your business starts generating profits, this can also be a passive income because you will be earning without a lot of work. The primary benefit of earning passive income is you do not have to do a lot of work to generate income, you will be generating income from something you have done in the past or something you don't have to spend a lot of time doing. You need to work hard to earn active income and active income has limitations, you receive a fixed salary, and you have fixed working time (one day you will have to retire) [/QUOTE]
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