There's a common myth about passive income.
In reality, nothing is truly passive;
it's about how active the income generation process is.
Even a seemingly passive activity like stock trading involves a significant amount of time analyzing and executing trades.
The real measure is how much you can earn for each unit of time invested.
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Similar ideas to The Misconception of Passive Income
The idea of a diversified portfolio is to have different kinds of active and passive income.
Passive income is investing time and money up front to help earn money continually even while you sleep. It can take many forms, including digital downloads, e-books, selling stock imagery, lic...
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