What is Passive Income?

Passive income is the income that can be obtained automatically without much time and effort or care.

Passive income

Passive income is the income that can be obtained automatically without much time and effort or care.

At first glance, it looks a little like "get for nothing", in fact, it often takes a long time of labor and accumulation before getting "passive income". Passive income is earned

Passive income is income that you can earn on a regular basis with a little effort for maintenance.

Here are some examples of passive income:

No need to be the owner or merchant directly

Real estate : For example, owning a house, this house is for rent, and you can have a fixed rent every month. The rent income is "passive income".

Interest : In fact, the interest on deposits is also passive income, but the interest on bank deposits is too small. You can consider getting higher interest through loans, but the loans are risky. If you take out the loans, you will not get them back, and you will lose everything.

Stock market : This does not refer to "stock speculation." Stock speculation requires investment of time and energy, and it is risky. This refers to long-term investment, focusing on a high-quality stock, long-term holding, and profit through dividends or long-term value appreciation. Profits are more than savings, and risks are lower than loans.

Investment : Investing in funds and insurance also yields stable income.

The first few use money to make money. The premise is to accumulate capital first. For most people, the process of capital accumulation is also a process of constant effort-labor, time, youth or other ...

Enterprise : Invest in and run an enterprise and find a professional manager to manage it. Get regular corporate dividends.

The following two are to obtain "passive income" through the appreciation of knowledge.

Intellectual property : For example, a best-selling book has been written, and it has been reprinted several times, and each reprint has received a considerable amount of royalties. Or an article is reprinted by many media, and you can get a good manuscript fee.

Network , IT : I created a blog because of my hobbies and accidentally became a well-known blog. The number of visitors increased and the advertising on the webpage brought a lot of extra income. In fact, the Web still provides more opportunities for "passive income", which is discussed in detail in another article.

Network revenue is divided into advertising revenue and content revenue. Advertising revenue says that examples of content revenue are: the word magic

The following is the closest to "getting nothing".

Donation : In many novels and film and television works, there are always some people who accidentally obtain a huge inheritance. Such a situation should be rare in reality. Most are getting some small red envelopes and gifts.