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What is a passive income and how useful is it?
A couple colleagues have been discussing trying to get a passive income started but neither of them really knew how to get it going.
One simple way to get passive income is to buy stocks that pay a dividend. For example, AT&T stock is paying around 5%. You get paid quarterly into your brokerage account.
Passive income is any sort of income you don't have to work for, though it may require work.
Active income comes from a job, contracting, the work that you do.
Passive income can take the form of interest on a savings account, investment income, rental income from real estate you own. In these cases, you may monitor the investment or make repairs to the rental real estate, but there is far less work and you can set it up to require almost no work on your part. That is the "passive" part.
by liljen237 years ago
I wrote 2 hubs on passive income but I want to know passive income in your own words and how much you are making on passive income??
by Jessie Watson2 months ago
At what age did you start thinking more about your financial future? And how did you go about building a savings? (Set aside circumstances and socioeconomic details. Some responses may be subject to the cohort effect....
by SadieMariee3 years ago
How can I make $2000 a month passive income with only time to invest?
by MountainManJake5 years ago
What is the best way to make passive income?
by Asa Schneidermann3 years ago
I need some new ideas for PASSIVE INCOME. What are some of the ways you earn passive income?Beside Hubpages and thinking of buying a house to fix up, does anyone have some ideas for me on other ways to earn...
by JoshuaBlack7 years ago
How can you develop serious passive income with Hub Pages as a home-based business? Does it take...off-line traffic or non-HubPages traffic in order to bring in that kind of income?
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