6th March 2007

Passive Income

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One of the secrets of the wealthy is passive income. When they invest in anything it is with a view to generating passive income. Once this income stream is set up it requires little or no effort.

An example might be an investment in property. Once management charges are subtracted the investor receives a regular income without any further effort. The more of these types of investment the greater the levels of passive income received and the wealthier the individual becomes.

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