How Do You Define The Term "Passive Income"?

[Rubz]

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.

 

[oldbuddy]

To me, Passive Income is Free Money I Receive Every Day as I hang out online doing what I would do even if I was not getting paid. I am retired with noplace to go and all day to get there, so sitting in front of my computer is something I would be doing anyway just for the entertainment it provides me and selling an average of $100 USD worth of Bitcoin each month or so gives me Fun Money I would not otherwise have. I never use my Social Security income to spend online, so it ends up as free money for doing what I like doing anyway.

 

[eldavis]

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

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.

 

[Bisolami]

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?

 

[Magnus2022]

Passive income simply a method you can use to make money when you are physically not present. Passive income opportunities abounds but it seems delicate and many are scams especially when it involves internet. HYIPS are good example passive income but most of them are scams.

 

[Passiveearner]

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.

 

[Bisolami]

That is exactly what I was saying but some people will come and ask you questions like that when you refer them. Those questions are always very annoying to me

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.

 

[SHAHID987]

As 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.

 

[Bisolami]

As 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.

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 said

 

[AruneBend]

You enjoy like while you still make money it's simple you don't work but you still generate money truly a lot of people crave passive income but it's not easy

 

[Golden9]

When I think of passive income, I now know that it's never truly passive the way people perceive it to be. It's a better way of earning money, and it works great as an addition to one's main way of earning

 

[olaniyi]

By passive income is just a income that one earn as not his or her major source of income but just as way of support to the main source of income

Post automatically merged: Jul 11, 2023

Passive income are the income we get along side with our daily job and take a little time from us it may require skills or not and this income help to support daily income

 

[Springtime]

To me, passive income is the money you earn without too much ongoing effort. Earnings from a rental property, dividends from stocks, royalties received from your book or music are some examples of passive income.

 

[bestwriter]

Passive income is where income gets generated on its own on projects that have been completed such as books published

 

[Shavkat]

As the word goes, the earning should be in a passive way. We do not need to exert effort to gain profit, which it is difficult to find these days.

 

[You]

In my opinion, passive income is earnings that require little to no effort to maintain, allowing for financial freedom and flexibility. It's money that works for me, not the other way around.