Passive Income Investing For Beginners

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Passive income investing for beginners. Just so we re on the same page here there s no such thing as making money without creating value i wish and creating value takes time and effort. This is the income you make from your traditional job or business which require you to be present there to make money. The book on rental property investing by brandon turner. And then we get to passive income.

So dividends this seems like an obvious one and one that is constantly talked about on the investing for beginners podcast. Passive income typically refers to an income stream that is somewhat automated. So you are technically transacting time for money in a way. Active income is the income generated by putting your hours into work.

Passive is something that continues to pay you for years and years. What is a passive income investment. Passive income is defined as income generating activity that is independent or loosely dependent on time commitment. You make an upfront capital investment often in a stock or mutual fund or other equity based vehicle and then receive an ownership stake in that investment from which you are paid dividends or other types of regular income.

In this video i will discuss the 5 best passive income investing strategies that i discovered for 2020. To start building passive income as a beginner you need to plant seeds with active income then only you can reap the fruits of passive income.