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Old 11-06-2007, 02:45 AM   #6 (permalink)
Lucas
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Join Date: Nov 2006
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Passive income is usually the result of a system, and there is no system on Earth that is truly 100% passive. Think of passive income as an automated assembly line that you first had to take the time and effort to build, then you have to take an exponentially smaller amount time to maintain and ensure that it is running, and all the parts of it are operating in harmony and unison. That can be a couple hours a week, or month, depending, but you are always going to have to watch your creation and fix any parts that break down. It's still a much smaller and better use of your time than trading time for income.
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