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Or learn about the Passive Income Lifestyle?
Inside the Passive Income Lifestyle Blueprint:
What is Passive Income
Using Residual Income
Using Internet Marketing
Implementing Network Marketing
Ways to get passive income
How to earn passive income
Using Blogs
➕ Many More
Online marketing is competitive, get the edge today and live the Passive Income Lifestyle.
Passive Income FAQS
What are 3 forms of passive income?
Passive income is when you receive money on a regular basis for little to no work. The three most common forms are rental property, royalties and dividends.
What are examples of passive income sources?
There are hundreds of ways to earn passive income. Common examples include rental properties, royalties from intellectual property or personal capital investments, or a private business.
What is an example of a royalty as a form of passive income?
Disney's licensing agreement with Netflix that allows Netflix to carry all Disney properties from 2016 on is an example of a royalty being a form of passive income.
What is an example of rental property as a form of passive income?
If you own a house and rent it out, the monthly rent checks are a good source of passive income while still maintaining ownership over the home.
What are the basics of passive income?
There are three types of income: active, passive and portfolio. Active income requires you to actively work for the money while passive income only requires once initial effort. Portfolio income requires you to have capital gains on any investments included in your portfolio.
Is it possible to live off passive income?
Living off of passive income is possible but difficult. It usually requires a large capital investment up front that you can earn back over time.
What are the downsides to passive income?
Passive investments require a large initial effort and have a slow transition from passive to portfolio or active. Additionally, it's harder to save money for retirement on passive returns.
What are the benefits of active income?
Active investments require constant work on your part but can be great for saving for retirement and building up an emergency fund – providing stability in case of unexpected expenses. Active income is also taxed at a lower rate than portfolio or passive income.
What are ways to earn more money?
It's possible to raise your salary, work a second job or try and bring in additional income from active or portfolio investments. You can also choose to save money by cutting down on spending and living below your means.
What is an example of an active income opportunity?
Having a second job is an often-used way to gain active income, but there are other options available. For example, if you own a business and also work for the company, you can draw a salary from both sources.
You could also check out Profit Accumulator and learn how we made profit within just 2 hours!
Here’s to your success,
The WHR team
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Joe
GET YOUR FREE PASSAGE TO PASSIVE INCOME BLUEPRINT, January 2nd 2022
