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1) What is Passive Income?
Passive income is money received on a regular basis, with little effort required to maintain it.
Some examples of passive income are:
Repeated regular income, earned by a sales person, generated from the payment of a product or service that must be renewed on a regular basis, in order to continue receiving its benefits - also called residual income.
Rental from property;
Royalties from publishing a book or from licensing a patent or other form of intellectual property;
Earnings from internet advertisement on your websites;
Earnings from a business that does not require direct involvement from the owner or merchant;
Dividend and interest income from owning securities, such as stocks and bonds, are usually referred to as portfolio income, which can be considered a form of passive income; Read more...[caption id="attachment_1131" align="alignright" width="176" caption="Photo by Jeff Belmonte"][/caption]
1) What is Passive Income?
Passive income is money received on a regular basis, with little effort required to maintain it.
Some examples of passive income are:
Repeated regular income, earned by a sales person, generated from the payment of a product or service that must be renewed on a regular basis, in order to continue receiving its benefits - also called residual income.
Rental from property;
Royalties from publishing a book or from licensing a patent or other form of intellectual property;
Earnings from internet advertisement on your websites;
Earnings from a business that does not require direct involvement from the owner or merchant;
Dividend and interest income from owning securities, such as stocks and bonds, are usually referred to as portfolio income, which can be considered a form of passive income; Read more...
[/caption]
1) What is Passive Income?
Passive income is money received on a regular basis, with little effort required to maintain it.
Some examples of passive income are:
Repeated regular income, earned by a sales person, generated from the payment of a product or service that must be renewed on a regular basis, in order to continue receiving its benefits - also called residual income.
Rental from property;
Royalties from publishing a book or from licensing a patent or other form of intellectual property;
Earnings from internet advertisement on your websites;
Earnings from a business that does not require direct involvement from the owner or merchant;
Dividend and interest income from owning securities, such as stocks and bonds, are usually referred to as portfolio income, which can be considered a form of passive income; Read more...
