4 ms·
How are any of those passive?
by mfoy_ 9y ago
How are any of those passive?
- swyx 9y agothis exactly. still selling your time for money, just at different rates.
- mfoy_ 9y agoAnd I suspect on HN particularly very few of us will find a better ratio than in our day jobs...
- laktek 9y agoPassive in terms of time commitment and effort. I don't think there are truly passive income streams unless you have substantial capital to invest in the first place (eg: vanguards and rental property)
- cuspycode 9y agoI think scalable income is a more useful concept than passive income. What I mean by scalable income is when you can increase your income by investing more capital, but keeping time commitment and effort at the same level. In my view purely passive income is either some instance of rent-seeking, or simple risk-free return on economic growth. But even those require a minimal level of effort.