When i think about passive income, what comes to my mind is earnings that requires little efforts after the initial investment. Individuals can dedicate their time to other activities or sources of income when earning passively.
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This is a different story today, majority of our young investors or entrepreneurs are simply too eager, they do not have the patience to wait and see how things would turn out. They expect to start cashing out now immediately they invest.And people should learn not to expect money immediately they invest in a platform or in a company because it will take time for the money to grow and you will begin to earn profit
That is why I stopped telling people do join forums or do anything I do online. Some of them will be asking if they can make $10 for thirty minutes work. How is that possible?This is a different story today, majority of our young investors or entrepreneurs are simply too eager, they do not have the patience to wait and see how things would turn out. They expect to start cashing out now immediately they invest.
That is why I stopped telling people do join forums or do anything I do online. Some of them will be asking if they can make $10 for thirty minutes work. How is that possible?
It may not be possible to make $30 every thirty minutes online forums. The fact remains that making money on forums is considered a form of active income. However, it could be classified as a kind of a way to earn some extra money.
You may be earning money for over ten years and you will not even work for the money at all. That is what I know as passive income and it is just like what you saidAs far as my knowledge is concern passive income is a kind of income which you earn passively, that you don't need to work on it, it required only one time hard work after then you will get money on regular basis.