Hello!
I have not been writing for a long time and now I want to share with you all about active income versus passive income. Before these most people advocated their children to study well and get a better education for better job in the future so that their life will be more easy and guarantee. However, for me that theory is only for the past during the industrial age and no longer suitable in this 21st century 2016 because industrial age already ended in 1989.
If you say a better job like professional careers can give you a better life today, I don't agree with it. This is because, now if you get higher income you will need to pay higher tax and you need to work hard in order for you to survive during this hard time of recession in economy, inflation in which a lot of stuff in the markets are more expensive.
That is what we call as active income, you need to sacrifice more time to work for you to get more money, in other words you work for the money. On the other hand, if you find money through passive income you need to make a business, I mean a big business but of course you need to start from the start point because no one reach the peak of the mountain without hiking and climbing.
After you are strong enough in business, try to make an investment, just deposit a small amount of money as your starting or capital and learn from the investment process, then you increase the amount of deposit from time to time. There are 3 types of good investment
- Real estate investment.
- Shareholders or stock markets.
- Knowledge royalties.
You also can try to invest in forex but remember not to use your savings, retirement plans and medical care insurance for your deposit or capital! Make an account that is only for investment and please not to use all your investment account's money in one deposit! If you want to add more capital you can add when you gain profits from your investment.
Thank you for reading ^^
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