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Examples Of Passive Income. Good examples of passive income include: An author who receives royalties after writing a book. In a word, passive income (sometimes known as "residual income") is cash that you earn after making an upfront financial or "sweat equity" investment, then you sit back and watch the money roll in.
How Much Passive Income Can You Earn?
Passive income provides financial freedom and the ability to take larger risks by going after massive deals -- regardless of sales cycle.
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If you find yourself reviewing the same content at coffee meetings, consider developing that content into an online course. Portfolio income is considered passive income by some analysts, so dividends and interest would therefore be considered passive. In essence, you can do most of the work For example, if you create an online course, you just need to update its content to keep the money flowing.