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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.

This entry was posted on Tuesday, March 6th, 2007 at 4:01 pm and is filed under Creating wealth. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.