Passive Income : Faireytale or ATM?. Passive Income - Faireytale or ATM?
(2024)

Nonfiction

eAudiobook

Provider: hoopla

Details

PUBLISHED
[United States] : Findaway Voices, 2024
Made available through hoopla
EDITION
Unabridged
DESCRIPTION

1 online resource (1 audio file (57 min.)) : digital

ISBN/ISSN
9798882422447 MWT17437688, 17437688
LANGUAGE
English
NOTES

Read by Atherton Cooper

Passive income refers to money earned with minimal effort or active involvement after an initial investment of time, money, or resources. Unlike traditional income streams, such as wages from a job (active income), passive income doesn't require continuous hands-on work to maintain. There are two main types of passive income: Investment-based Passive Income: This includes earnings from dividends, interest, rental properties, and stock market investments. For example, investing in a dividend-paying stock means receiving periodic payments from that stock without further effort beyond the initial investment. Business-based Passive Income: This comes from ventures where, once set up, the income flows with little additional input. Examples include online businesses, digital products, affiliate marketing, royalties from books, music, or software, and more. For instance, an author can continue to earn royalties from a book long after it is published

Mode of access: World Wide Web

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