5 Cash Flowing Assets For Passive Income In 2024

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Date: December 3, 2022
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21 thoughts on “5 Cash Flowing Assets For Passive Income In 2024”

  4. You know… this passive income thing is irking. Unless you have invested money into a business and have shares, others are doing the work and the earnings you get come in as they follow your expectations, it isnt passive.

    If you are a silent partner with a contract of ROI with intrest pre-agreed upon and you do nothing else, it isnt passive income.

    If at any moment, you have work that you need to do to cause earnings to continue, those earnings are not passive, but active:

    A youtube channel
    Portraits and photography
    Products
    Middle man investments
    Vending machines
    Storage spaces to be rented

    If you have any degree of work that is reasonable, that is active income.

    Placing a pre-set amount of money in an account every week allowing it to accumulate can be considered passive if it is in a high earnings account.

    Compound interest on your money is passive. If it takes any paper work and filings, purchasing, planning of any kind, its active.

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