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Lazada Philippines

Saturday, August 30, 2014

EARNING MONEY THROUGH PASSIVE INCOME

Passive income brings in cash flow even if you are sleeping on your bed. How great does that sound?

As people age the need to work should decline while the capacity to earn increases. But the reverse is often the case. The best way to achieve this is through passive income generation. This can be achieved by buying Assets. Anything that brings in cash flow is an asset from an investor's perspective. If I buy a house it is a liability because it keeps me spending more on upkeep and repairs. But if I lease it out then it becomes an asset that produces regular rental income.