What IS passive income? It is also called residual income or cashflow. In short, the definition is any income that comes in on a regular basis without having to trade hours or possessions for it.
Here at Rebuild Your World we practice and teach four areas of passive income:
- Unconventional investing (our method is MUCH less risky than the stock market or other convention investing)
- Consumer direct marketing (our model is online)
- Affiliate marketing
- Real estate investing