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 liljen236 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 Casey Johnson18 months ago
Does anyone have any good ideas for making passive income?I've transitioned over from working for the man and I now stay at home and let money work for me. Do you have any good ideas that you would like to share on how...
by Atell Rohlandt5 years ago
Are you working towards a significant passive income?I realized recently that there's potential for me to earn a significant passive income using Hubpages, if I keep writing more content. I'd have to be consistent in my...
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 ryancurtis5 years ago
Is passive income really hard work in the beginning?I work full time during the week and have a family of two kids. Basically there is about 3-4 hours every working day to do passive income work. I`m in bed by 12am/1am...
by InterestCaptured5 years ago
How can I increase my passive income (excluding Hubpages)?
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