Are passive income sources trans generational?

[Niyi Briggs]

I have carefully observed some streams of passive income and one characteristic that defines them is that they seem to survive beyond the generation of the original investor and pass to the next generation.

Ranging from agricultural passive income streams like oil palm and Cashew to real estate and even the online passive income sources, they seem to survive beyond one generation.

Should we also invest in passive income for the sake of our children?

 

[nomad]

Passive income does not only come from investment, it can also come from the product you create. For instance, a lot of people can earn passive income from the books their parents wrote.

 

[IB D]

I would agree with the original poster that passive income sources are mostly utilized by more than one generation. Michael Jackson's children keep getting revenue from their father's music after his death.

 

[cherry123]

Yes that is the reason some of us have the assets we do . it is not just for our own good but for your children and even children's children

 

[Chibson]

Yes, some passive income sources can survive from generation to generation. A typical example are some musicians who are already dead. Their families are still making a lot of money from their music.

 

[cherry123]

it is very possible for some passive income sources to move from hands to another from one generation to generation. This is why it is good to manage a business well.

 

[Bisolami]

I have carefully observed some streams of passive income and one characteristic that defines them is that they seem to survive beyond the generation of the original investor and pass to the next generation.

Ranging from agricultural passive income streams like oil palm and Cashew to real estate and even the online passive income sources, they seem to survive beyond one generation.

Should we also invest in passive income for the sake of our children?

There are some people who are benefiting from the passive income that there inherited from their generation while some people they will build by themselves

 

[SHAHID987]

Most of the time passive income remains very helpful for our children, someone gives us the house for rent and income comes from their especially we are getting the per month rent from there as well as our children will get per month rent from there and when they will try to sell, they will get good money out of it.

 

[IB D]

Now, investing for your generation should be one motivating factor for any person to build a passive income stream. A good father should be able to leave inheritance for his children.

 

[Bisolami]

Most of the time passive income remains very helpful for our children, someone gives us the house for rent and income comes from their especially we are getting the per month rent from there as well as our children will get per month rent from there and when they will try to sell, they will get good money out of it.

There are some children who are from rich families who have created passive income for them

 

[Chibson]

Now, investing for your generation should be one motivating factor for any person to build a passive income stream. A good father should be able to leave inheritance for his children.

Probably, if you want your generation to live in wealth you need to start doing something that will fetch you money even when you are no more. Some of the videos you make today can continue to make money even in the next 50 years.

 

[uptrendfinancialsignal]

Some passive income sources are transgenerational and a typical example is a rental properties.

 

[Chibson]

Some passive income sources are transgenerational and a typical example is a rental properties.

Yes, when you build a rental properties your children can actually make passive income from it also. If it is well maintained, even the second and third generation can also make from it.

 

[Reedex]

Some passive income sources are transgenerational and a typical example is a rental properties.

You have a very important point there because rent properties could be transgenerational.

 

[Chibson]

You have a very important point there because rent properties could be transgenerational.

That is why it is one of the best source of income for anyone. It can be transferred from one generation to another if it is properly maintained.

 

[uptrendfinancialsignal]

You have a very important point there because rent properties could be transgenerational.

There are so many generations that have benefited from rental properties if the building is very solid and it could stand strong for a very long time.

 

[Chibson]

There are so many generations that have benefited from rental properties if the building is very solid and it could stand strong for a very long time.

Most of them can actually renovate it in order for it to meet the taste of time. They can also rebuild it and continue to make money with it.

 

[Johnson2468]

Yes we should also invest in passive income for children to have a good life and achieve their dreams on time without needing to have face financial stress and worries

 

[Springtime]

Yes, passive income may be trans generational. If you invest in real estates, stocks, you may transfer the ownership of these assets to your children when you pass. Your children may still receive rental income from your properties and dividends from your stocks.

 

[Johnson2468]

Yes, there are some passive income that can be trans generational. Some thing like rental property income can be trans generational once the person you want to transfer it to knows about it