Passive income is great, I personally believe in the concept of Multiple Sources of Income. My sources are:
1) Property investment
2) Share investment
3) Having an online business
4) Network Marketing
There are advantages and disadvantages with all of them, one thing I learned you don't get much of an income without putting in some initial effort. With all them the more you work them the higher your income is.
The big advantage I see over a 9-5 job is you become your own boss and have a high degree of flexibility in choosing the hours you work. We just bought a share in a sailing yacht and I have the freedom to go sailing during the week and work on the weekend when a lot of the other owners go.
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