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Passive Income
what does passive income really mean?
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[QUOTE="King bell, post: 275046, member: 75687"] In today's world, there are a lot of different types of ways to make money online using what's called "passive" income strategies. Much like a savings account which pays interest, passive income accounts build up wealth over time which can be used for retirement or other long term investing strategies. Amongst others, some examples of passive income activities include investing in real estate, starting a business or even writing books. Passive income is an increasingly popular term when it comes to discussing a range of situations and personal finance. It's considered the holy grail of wealth, but how do you make passive income? What is passive income really? Passive income is simply defined as an income being generated with little effort on your part. Mindset and work ethic are very important when it comes to succeeding at making passive income. Ultimately the more passive you are, the more success you will have in that aspect of your life. [/QUOTE]
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