What is Passive Income?

Passive income is income resulting from cash flow received on a regular basis, requiring minimal to no effort by the recipient to maintain it. – Wikipedia

The two most known forms of passive income are capital gains from rent and interest from owning financial assets. Businesses that do not require year round participation can be considered passive income as well. With the advance of the internet, the number of tools and variety of businesses are increasing. Trading and other internet related activities that require little to no time, also qualify.
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