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Showing posts with the label passive incomes

passive incomes ideas

What is passive income ?                      Passive income is income that requires little to no effort to earn and maintain. It is called progressive passive income when the earner expends little effort to grow the income. Examples of passive income include rental income and any business activities in which the earner does not materially participate. There are different types of passive income                 Rental Income : This is the best form of passive income. It can be generated from  property  purchase. But problem is, property purchase requires high capital investment. Nevertheless, it’s still worth it. One can buy two types of property: residential Property and commercial Property. Depending on ones affordability, one can buy any size of property. By putting this property on rent, passive income can be earned each month. Read more  about property investment for b...