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  #16  
Old 01-31-2008, 04:31 PM
killer2021 killer2021 is offline
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Join Date: Jan 2008
Location: ca,usa
Posts: 16
Default Re: Passive Income

passive income can be created by buying dividend stocks. it is a reality for me.
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  #17  
Old 09-03-2008, 09:55 PM
ImDebtFree ImDebtFree is offline
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Join Date: Sep 2008
Location: Willis TX USA
Posts: 18
Default Re: Passive Income

To get to the point where you can earn passive income is a lot of hard work. I think you have to do double the amount of work to get to that point and then you can "sit back"... so is it really all that "passive"?
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  #18  
Old 10-05-2008, 06:45 AM
brian brian is offline
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Join Date: Jun 2006
Posts: 806
Default Re: Passive Income

Indeed, "passive" income usually requires a lot of upfront investment of time and/or money, and tends to require continued work to maintain or expand income levels. So it tends not to be very passive at all.
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  #19  
Old 10-22-2008, 12:57 AM
makecentsofyourlife makecentsofyourlife is offline
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Join Date: Oct 2008
Location: Texas
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Default Re: Passive Income

There is no passive income. Just like the laws of physics, there has to be equal input (of some sort) to the output. If you want to make a million bucks, you have to do a million bucks worth of planning and implementing.
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  #20  
Old 05-26-2011, 04:56 AM
treezie treezie is offline
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Join Date: May 2011
Posts: 12
Default Re: Passive Income

I'm building a stream of passive income right now. The general misconception is that passive=easy. That is NOT the case at all.
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