Tuesday, July 16, 2019

Passive Income, Residual Income and Multiple-streams of Income -Is it possible to have all three?

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Passive Income, Residual Income and Multiple-streams of Income -Is it possible to have all three?

It is very possible to be a recipient of the three incomes above.
Let’s look at the meaning and see some examples of each.

Passive income is money you receive “in your sleep” in other words you are not actively working on that particular business and still receive income.
1. Rental properties

2. Silent partner investments

3. Royalties

4.  Investments (stocks and coins)

Residual income is money you recieve after meeting certain qualifications of the particular business you are in or work you have done and now you recieve profits from the work you put in.

1. Selling books you’ve written

2. Music business

3. Photographers

4. Investment business

5.  Affiliate

Multipe streams of income:

Having income come in from various business or businesses you are a part of.

Is it possible to get all three types of income from one business? Yes, it is possible.

I would like to invite you to be a part of a business that has all three types of income mention above. To find out more about this remarkable business click link learnbutton
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