Investing is passive income, but most passive income isn't investing. * A way to generate passive income, for example, are royalties on a book you wrote. * Se

Investing is passive income, but most passive income isn't investing. * A way to generate passive income, for example, are royalties on a book you wrote. * Semi-passive income might be $50k speaking gigs after e.g. being the PotUS. In a financed world, perhaps I can make a financial instrument out of future royalties, but for most people, it's not the same.