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This is still passive. This is similar to owning 10 apartment buildings. You have to hire managers to deal with all the day-to-day, but there is still money lef
by mhuffman 2y ago
This is still passive. This is similar to owning 10 apartment buildings. You have to hire managers to deal with all the day-to-day, but there is still money left over. You just have to make sure that they aren't stealing from you. Similar to a lot of investments, which I would also consider passive income. Even with stocks, you can't just sleep or you could end up in a bad way, but you are also not putting in 8 to 12 (or more sometimes) hours of work a day like a small business.
- cman1444 2y agoClearly it's a spectrum with one side being low intensity/low return, and the other being high intensity/high return. The only question is to ask yourself where you want to be on that spectrum.