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Passive income means you do no work, other than put money somewhere. Bank interest would count. Real estate does not. SaaS does not count either. If you have to
by TruffleLabs 6y ago
Passive income means you do no work, other than put money somewhere. Bank interest would count. Real estate does not. SaaS does not count either. If you have to do anything that requires your time then it’s not passive.
- jkchu 6y agoIsn't that a bit overly pedantic? I agree that some of these examples are far-from passive, but this wouldn't be much of a thread if everyone just listed some form of passive investing. I think the heart of this thread is near-passive income sources, like 1-2 hours per week.