Passive Income: The Myth You've Been Sold

Does TRUE passive income really exist? In this video, we cover passive money systems with dividends and interest income, along with active-passive Fastlane business ideas ► Signup for Neo and get a $50 Bonus!: https://bit.ly/Neo-Money-Account

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What is TRUE passive income?
Passive income is income generated from an investment or business system that doesn't require additional time or capital input. It's basically money that's made around the clock, 365 days a year.

Over the years though, "passive income" has gained some negative connotations on the internet, being sold as a way to make money without putting in the work. The truth is, 100% TRUE passive income sources, being a money system, require large amounts of capital to actually throw off significant sums of money.

This is why I suggest you work on building your passive money system while also focusing on building an active-passive business. These include rental real estate, internet businesses, content businesses and so forth.

If you enjoyed this video, make sure to give it a like and subscribe to the channel for more investing content. My goal with this channel is to help all my viewers get one step closer to financial independence.

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-Griffin

#PASSIVEINCOME #INVESTING #DIVIDENDS
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Investing, Investing Steps, Investing Strategy, How to Invest, Stock Market, Stock Market Investing, How to Invest In Stocks, Stock Investing, Real Estate Investing, Real Estate, Goals, Financial Goals, Personal Finance, Financial Independence, Passive Income, How To Make More Money, passive income sources
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Time Stamps:
0:00 The Passive Income Dream
1:05 What Really Is Passive Income?
2:00 100% TRUE Passive Income
3:40 Living Off Dividends?
4:35 The First Main Key
5:30 NEO Financial
7:06 Active-Passive Income
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Disclaimer: This video description contains affiliate links, meaning that if you click on a product link, I may receive a commission at no additional cost to you. I do not promote products, services or companies I have not personally used or those which I do not recommend. All opinions are my own.