Jan 6 2023 - Why do so many inexperienced investors confuse active and passive income?

Good question.

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As an investor, it's important to understand the concept of passive income and how it can benefit you. Passive income is defined as income received on a regular basis with little or no effort required to maintain it. This type of income is in contrast to active income, which is earned through direct participation in a business or other venture.

Unfortunately, many investors confuse active income with passive income and assume that building a business will allow them to achieve passive income. However, building and running a business is a lot of work and requires a significant time and effort investment. While it may provide financial returns in the long term, it is not a true form of passive income.

So, what are some good examples of passive income? Corporate income bonds, like those offered by Andesite Blue, Ltd or Alamo Mortgage Holdings, Ltd, might be worth considering. These types of bonds provide a steady stream of income to the investor without requiring any active participation in the company. Another option is being a limited partner in a multifamily community, where the general partner handles all of the day-to-day management and maintenance tasks, allowing the limited partner to enjoy passive income from the investment.

If you're interested in learning more about passive income and how you can achieve it as an investor, we invite you to join the Benjamin Z Miller investor networking group at our weekly Sunday meeting. At the meeting, you'll have the opportunity to learn from experienced investors and explore a variety of passive income opportunities. Don't miss out on this chance to take control of your financial future and start achieving your passive income goals. Sign up for the meeting today!

If you would like to learn more about investing for passive income, just register for my free weekly training at the link below:

https://www.meetup.com/benjamin-z-millers-investor-networking-group/

I hope that helps and good luck with your investing!

Benjamin Z Miller
www.benjaminzmiller.com

Benjamin Z Miller
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