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My retirement stock account invested in large index funds. I guess my savings account earns 1% interest also. Any other source of income I have is not passive.
by brianwawok 10y ago
My retirement stock account invested in large index funds. I guess my savings account earns 1% interest also.
Any other source of income I have is not passive. Question people when they talk about passive income renting out an apartment building. Find out who is calling the plumber at 3am when a pipe bursts, and ask how passive that is?
- squds 10y agoMost of the people who do that seriously use a property management company that deals with all of that and finding new tenants when needed. Less profit, but makes it pretty passive if you want it to be.