What are your thoughts about passive income?

Posted by Rob Vela
4
Jul 18, 2024
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4 people like it
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Comments (25)
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Maria Williams
7

Online Marketing Specialist

I think it's a smart strategy for financial security and independence.

Jul 11, 2024 Like it
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Noah Whitman
3

Content Writer, SEO, Analyst

A passive income is still an income. For example, you can consider affiliate programs as one way of generating a passive income. One of the primary benefits of affiliate marketing is the ability to produce passive income. Once you've set up your affiliate revenue sources, you may continue to make money even while sleeping. Your earning potential increases as you promote more goods and reach a wider audience.

Jul 10, 2024 Like it
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Addsoft Technologies
6

Being an industry expert and pocketing 16+ years o

Over time, passive income is a fantastic method to accumulate wealth and financial stability. With investments, real estate, royalties, or low-maintenance businesses, it enables you to make money with little continuous effort. However, obtaining a sizable passive income frequently necessitates a substantial upfront investment of time or money.

Jul 9, 2024 Like it
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Adam Watson
5

Owner

Passive income can be a great way to achieve financial freedom and stability. It refers to income that requires little to no effort to earn and maintain. This can include earnings from rental properties, investments in stocks or bonds, royalties from books or music, affiliate marketing, or online businesses.

The appeal of passive income lies in its potential to generate money without trading time directly for money, unlike traditional jobs where you're paid for the hours you work. However, sett

Jul 8, 2024 Like it
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Rob aka Cerberus
17

Better World Partisan

Doing nothing results exactly that: NOTHING!

Jul 5, 2024 Like it
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can hoang thinh
5

Cân điện tử Hoàng Thịnh

Thu nhập thu động là một cách giúp cho chúng ta có thể được tự do tài chính, bạn nên xây dựng thu nhập thụ động càng sớm càng tốt để đạt được mục tiêu tài chính sớm nhất
Mỗi người chúng ta ai cũng nên tìm hiểu về nhiều nguồn thu nhập thu động cụ thể như
- Đầu tư vào cổ phiếu có chia cổ tức hoặc các quỹ mở
- Cho thuê bất động sản
- Xây dựng kênh youtube hoặc blog
Xây dựng

Jul 5, 2024 Like it
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Warren Contreras
14

Old Retired Guy

I think the most valuable passive income plans still require a strong smack in the behind to get them earning something to start with and then engaging daily compound interest to that initial pool becomes passive indeed.

Jul 5, 2024 Like it
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Kane Parker
6

Only info

passive income is very good , i also need income

Jul 4, 2024 Like it
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Otis D.
4

Affiliate Marketer

I like online program that help someone to be financial freedom with a compensation plan that allow members to receive monthly subscription commission of $2 to $5 every month from each referral. Most owners would not share their monthly subscription commissions with all of their affiliates who joined in their platform. Affiliates do not want to work so hard to get some referrals on their team for earned money the hard way. I joined a global program that will pay me $2 from each of my referral ev

Jul 4, 2024 Like it
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Local Skill
6

Staff Relief Agency

Passive income is a smart way to earn money with minimal ongoing effort

Jul 4, 2024 Like it
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Mitt Patrick
2

Aviation Parts, Aircraft Parts, NSN

Passive income is a smart way to build diversification of your income streams.

Jul 4, 2024 Like it
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Mary Bean
6

Blogger and writer

Passive income can be a great way to supplement your main income and create more financial freedom. It requires effort upfront to set up, but ideally then brings in money with little ongoing work. There are many ways to achieve it, from investing to creating online content. However, it's important to remember passive income usually doesn't happen overnight and often requires some initial investment or hard work.

Jul 4, 2024 Like it
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august zeng
7

Cardan Shaft , Universal Joint

Passive income is a great way to build wealth and financial security over time. It allows you to earn money with minimal ongoing effort, through investments, real estate, royalties, or businesses that require little day-to-day involvement. However, achieving substantial passive income often requires significant initial work or capital.

Jul 4, 2024 Like it
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One Fng
1

seo

Passive income is money that doesn't take much time or effort to make and you don't earn it from a traditional job. It can include earnings from rental properties, dividends from stocks, selling courses online, and other projects where you're not involved in the continued generation of revenue. Although you may have had to put time, money, or effort into starting up such ventures, eventually you collect income passively, without breaking a sweat.

Jul 4, 2024 Like it
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Jordan Smith
7

Business News

Passive income are not passively created. you should put your efforts till the project gets monetize.

Jul 4, 2024 Like it
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Justin Langer
7

Content Manager

Passive income refers to earnings derived from activities in which an individual is not actively involved. This type of income is highly attractive for those looking to diversify their revenue streams and achieve financial freedom.
Benefits of Passive Income

Passive income can provide financial stability and freedom, allowing individuals to focus on other interests and pursuits. It can supplement regular income, help with retirement savings, and reduce financial stress.
Common Sources of Passiv

Jul 3, 2024 Like it
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James Williams
3

Content Writer

Passive income are not passively created. you should put your efforts till the project gets monetize.

Jul 3, 2024 Like it
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Auto Accident Lawyers Onl...
1

Best Auto Accident Lawyers Online

It is very difficult to get a passive income. No matter how much someone says it's passive income, you always have to work on that project.

Jul 3, 2024 Like it
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James Clark
1

Distributor of Civil Aviation & Jet Aircraft Parts

Passive income is a fascinating concept and can be a great way to build wealth over time. It involves earning money with minimal ongoing effort once the initial setup is complete. Here are a few thoughts on passive income:

Benefits of Passive Income
Financial Freedom: It can provide an additional revenue stream, helping you achieve financial freedom and reduce reliance on a traditional 9-to-5 job.

Scalability: Many passive income sources, like investments or digital products, have the potentia

Jul 3, 2024 Like it
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Rick Minnuo
3

SEOer

I, as an average hitman, take it from the fact that passive income is usually a very attractive concept for the average hitman. Here are some possible ways to look at it:
1. Economic Freedom: passive income can help beat workers increase their sources of income, thus reducing their dependence on a single salary. This means that even in the event of a job change or unforeseen circumstances, the financial strain will not be as great.
2. Improve quality of life: An additional passive income can be

Jul 3, 2024 Like it
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