Passive income is a well-loved concept.
Unfortunately, it is flawed.
Don’t get us wrong, we are not trying to be ‘contrarians’ for the sake of it.
The concept of passive income works.
But, most investors’ assumption of the term ‘passive income’ is flawed.
We aim to correct that here…and to point you in the right direction of generating passive income through investing.
What is Passive Income?
The Definition of Passive Income
What everyone thinks ‘Passive Income’ is:
“The ability to generate income (regularly), without having to do anything.”
What ‘Passive Income’ really is:
“The ability to generate income (regularly), without having to do anything…after building up the right foundation that allows you to transfer the required effort onto a reliable system.”
You see, passive income doesn’t come easy. You will need to spend some effort and time to build it up. And here’s how you can create passive …