Quote:
Originally Posted by Scanner
. . .making it an oxymoron. . .if you have to work to create passive income, then in reality, it's active income.
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Exactly. There is really no such thing as passive income. If you are living off the interest generated from your savings, that certainly isn't passive because odds are you did a great deal of work to accumulate those savings. I suppose an inheritance would count as passive income since it is just given to you based on who you are and you didn't really work to earn it. But other than that, all income sources involve some amount of work or effort.
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Steve
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