September 02, 2011

What is Passive Income

Passive income is income you donot actively work for after putting in some inital effort by creating an ever-lasting asset ( like golden goose who lays egg of money systemically and regularly ) sound interesting !!!...

To be financially free, all we have to do is to aquire assets which will give me passive income..

Think about writers like J.K.Rowling and Eric Segal..or scientist Mani Bhaumick...they put in huge amount of effort in writing a book or inventing something..and then earn royalty money for the rest of their life...

Thats the passive income..

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