Passive Income Smackdown

http://www.45n5.com/ thanks for the question jacob. I think passive income is a myth, and if you are looking for it then you are doing the wrong thing in the first place ;)

Category:

Howto & Style

Tags:

• passive
• income
• passiveincome
• earnings
• money

[FOREVERDEADHEAD]

Your video puzzles me.....passive income is definitely a reality.

If you put your money into a bank CD, a money market or a bond issue, you're done. You don't have to watch it or work it. If your stock returns a dividend, that check will be there on time. The problem? Having enough seed capital to generate a comfortable income SAFELY.

What would I do with my time, you ask? Simple. ANYTHING I WANT. NOW do you get it?

[CashBackAtEbay]

At the risk of insulting you, I'll defer to an old Saturday Night Live line: "Jane, you ignorant slut!" Okay, I feel better. Passive income is money that continues to be generated after the initial effort , and oh yes my friend it's real! PASSIVE INCOME IS "Earnings an individual derives from a rental property, limited partnership, or other enterprise in which he or she is not actively involved." You're obviously not getting any. Please don't post ignorant videos. You've got to L-earn to EARN.

[XanaduZune]

I make thousands of dollars per month in real passive income from the internet and I can go for months just having fun and not working at all and still get paid the same. This is real passive income because there's no freaking way I could do this with any kind of job. Jobs pay you by the hour and they don't pay you jack unless you are there on the job actively working. So hell yeah I get passive income. I create products and I have a fulfillment company take care of everything else for me.

[dameshouse]

Have you checked out Genius Funds. Here is a true passive income potential. Check out my video when you get a chanc. Please rate and comment.

[mederez1]

I hear you " TIME IS MONEY"

[jayangli]

There is passive income, but it needs effort like anything in life. Nothing is free.

[mrdolanno]

There is something like that half passive income.

Bloging is something like this. They need to blog ofter, but its ok to have holiday for a week and go back to job.

[songcovers]

sorry man. I completely disagree..

Your Google add revenue on your videos is passive income...

I feel im wasting my own time explaining this to you.

Good job though anyways

Good to see your getting your opinion out...

Cheers man

[insaneskaterr]

No income is completely passive.

BUT, 'passive income' is way better then trading your time for money. With passive income, a lot of the time there is a large amount of work to setup systems etc that bring in money month after month with very little maintenance.

The whole point of passive income is to free up time to do what you really want to do, especially if what you want to do will not bring in money (such as non-profit) etc

How about you suggest a different name to passive income?

[786Moin]

He also says'why would you want passive income when you can do what you wanna do anyway?'

Well Passive income means that if you are ill or for any reason you can't work your money will keep coming in regardless whether you work or not.

[786Moin]

I can break down your arguements so easily. Almost all of your points are seriouly flawed. I don't know whether it is your lack of knowledge or you just live in a different world to mine.

Your first Point is that if you had 1 Million USD, and that made you 5% interest a month, you 'd work hard not to lose that money.

A professional investor won't work hard because a professional investor is not affraid to lose money as you are. your example don't add up.