Read? Investing Made Simple by Uncle8888 (33)
Read? Active Income and Passive Income
What is passive income?
Passive income is money received on a regular basis, with little effort required to maintain it.
The three key words: regular, little effort. and maintain
What is active income?
Active Income will require significant effort and time to acquire with services performed.
Simply, it just means that we have to frequently use our human asset, significant effort and time to get the payouts from these activities. The frequency to execute these activities is often measured in term of minutes, hours, days, or week to receive the expected financial rewards.
What is passive income from stocks?
The conventional and traditional wisdom on passive income is based on these three key words: regular, little effort, and maintain will lead retail investors to think of dividend play stocks and especially S-REITs for their high yield - Can recommend some high ......