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Precisely. Bonds, dividends, and investment or collected loan interest are all passive income. Rents and royalties are characterized as such. Done correctly, t
by OldSchool 13y ago
Precisely. Bonds, dividends, and investment or collected loan interest are all passive income. Rents and royalties are characterized as such. Done correctly, these are the traditional low-risk rewards of accumulating capital.
Ironically here in the beacon-of-capitalism USA, these were the first areas squeezed as an extremely nasty side effect of "stimulus."
I've only ever seen "passive income" get a bad connotation in the past few weeks here on HN. People should keep in mind too that these stories are entirely survivorship-biased, so perhaps the average affiliate effort loses money, I don't know, but it's certainly more complicated than "it goes away."
- comrade_ogilvy 13y ago"Passive income" was once the province of people who accumulated wealth and now were reaping the benefits of good long-term strategies. That is honest enough. Being a marketing middleman can be an honest enough niche, too. That these particular marketing middlemen, with an intrinsically ephemeral revenue stream, would try to steal the term "passive income" to glamorize their take tells us a lot about the nature of the business, right? Fraud. Lots of fraud.