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True, but no income is truly passive. I think you also have to consider the savings of not having to own a house (or being able to rent out an existing one) so
by xchaotic 10y ago
True, but no income is truly passive. I think you also have to consider the savings of not having to own a house (or being able to rent out an existing one) so it's as good as any other 'passive' strategy posted here.
- brianwawok 10y agoI think stock market is passive income. Literally 5 minutes to set up an account, and it can provide income for life without touching it. I consider that 5 minutes small enough to not count, but not sure what the hard limit is ;) If you make an iPhone game.. spend 1000 hours.. then it makes you a few $100 per year for a few years, I don't think thats passive income. It is just income that is very delayed from when the work was done for it.