In this episode, we discuss different forms of "passive income" and what we believe to be actual true Passive Income.

Here are a few points from this episode:

• Passive income is seen as a desirable way of generating wealth without having to actively work for it.
• The idea of passive income is often associated with buying property and renting it out, but it may not be as passive as it seems as there are still expenses and maintenance to consider.
• Money market accounts may not be the best option for generating passive income as inflation rates may negate any interest earned.
• Investing in the stock market can generate passive income over the long term, but it is volatile and requires a long-term strategy.
• Real estate investment can also be a way to generate passive income, but managing the property and associated expenses may not make it as passive as anticipated.
• Single-family real estate investing can provide cash flow, but there may still be unexpected expenses and maintenance to deal with.

www.doingtoday.co Partner Facebook Group: https://www.facebook.com/groups/538100147985132 facebook.com/doingtodaypodcast instagram.com/doingtodaypodcast tiktok.com/@doingtoday