Thread: Passive Income
View Single Post
Old 03-08-2008, 03:06 AM   #14 (permalink)
Acting Like Godot
Banned
 
Join Date: Nov 2006
Posts: 9,613
Acting Like Godot has a reputation beyond reputeActing Like Godot has a reputation beyond reputeActing Like Godot has a reputation beyond reputeActing Like Godot has a reputation beyond reputeActing Like Godot has a reputation beyond reputeActing Like Godot has a reputation beyond reputeActing Like Godot has a reputation beyond reputeActing Like Godot has a reputation beyond reputeActing Like Godot has a reputation beyond reputeActing Like Godot has a reputation beyond reputeActing Like Godot has a reputation beyond repute
Default
Quote:
Originally Posted by John P View Post
There is no such thing as "passive income" where you never have to do any work at all and people just pay you large sums of money.
I have an auntie who owns several residential properties and just collects rent. I don't think she's worked in the past 20 years.

She only accepts rental payments via automatic GIRO payment, so even the process of collecting rent is non-work for her.
Acting Like Godot is offline   Reply With Quote