Home / Glossary / Passive Income

Passive Income

Passive income is a type of income that is earned through investments, and the earner is not actively involved in the earning process. This type of income can come from a variety of sources, such as dividends from stocks, interest from bonds, or rental income from property. Passive income is a great way to earn money without having to put in a lot of effort, and it can be a good way to supplement your regular income. There are a few things to keep in mind if you're thinking about earning passive income. First, you need to have a good understanding of the investment process and the risks involved. Second, you need to be disciplined in your saving and investing habits. And third, you need to be patient, because it can take time to build up a significant amount of passive income.



27 Dec 2023

Share this glosssary
bannar