Thread: Passive Income
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Old 03-13-2008, 08:59 AM   #23 (permalink)
Acting Like Godot
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Originally Posted by John P View Post
The definition of passive income is simply income that you receive independent of the time that you spend working on the system.
Well then, we just have different definitions then. In my industry (the banking & financial services industry), we do not generally use your definition of what passive income is.

According to your definition, I must be having a lot of passive income then. All my colleagues and I get paid a constant monthly salary, even though sometimes we work overtime and sometimes we leave at 5:30 pm sharp. The income we earn is independent of the time we spend working on the system.
Last edited by Acting Like Godot; 03-13-2008 at 09:02 AM.
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