What Initial Investment or Effort is Required in PASSIVE INCOME?

[Desireu30b]

The initial Investment is that you Determine the upfront investment, whether it's financial or effort-based, needed to set up the passive income stream. Some methods may require significant upfront work before becoming truly passive, this is what you need to put into consideration.

Passive income often demands upfront investment in time, money, or both. Establishing income streams like creating a blog, investing in stocks, or real estate necessitates initial effort for eventual returns. This is what you need to know.

let me know if you have learnt something!

 

[Rubz]

The initial investment or effort required in passive income depends on the particular passive income one is into. For example, the initial investment or effort required in real estate investment is a good amount of money.

 

[timewo]

Initial effort is required to research the risk involved , how reliable the company is. In some cases, the company may become bankrupt due to political and other factors, due to which investors may lose their principal.

 

[nomad]

It depends on where you are investing or what you are doing for passive income. If you want to build passive income from real estate, you need a lot of investment. But if you want to build passive income from a book all you need to do is write a book.

 

[Stardom22]

For me the passive income means in terms of the real estate investments requires a higher intensive amount of capital for that matter. Others needs a lot of effort and upfront energy for the start up.

 

[bestwriter]

The requirements are different for different passive income sources. For generating interest ona regular basis one needs capital to invest

 

[Springtime]

I mainly invest in dividend paying stocks to generate passive income. I receive dividends once or twice a year only but I find the amount satisfactory.

 

[King Belieal]

To have an effective passive income stream, you would need to put in work and push it to a level that it can run with minimal efforts from you.