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Who doesn’t want an income stream that makes money in a set-it-and-forget-it way? These are our favorite ways to earn passive income. You’ll get.
Residual — or passive — income is the kind of money generated while you’re busy doing other things.
How is residual income taxed? by Melissa Phipps.
not a Realtor. Maybe a blog you started took off, and while you no longer work there, you still collect part of the profits. Or perhaps you’re a serial entrepreneur who creates companies.
What is “passive income”? Passive income is money you earn without the need for continued work. It is the “set it and forget it” method of building wealth.This has many obvious benefits, including reducing your sole reliance on your employer, freeing up your time to develop new sources of cash or enjoy your leisure time, and allowing you to control your own destiny and income level.
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Jun 24, 2011 · (Of course, you can also always get passive income by buying-and-holding US Treasuries, which are paying out around 4.2%. The BLS just reported inflation at.
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