Passive Income.... What is it, and how do you get it?

Hi Thomas!

Thank you for contributing to the forum... :)

I hope you don't mind if I give a quick intro about you....

Thomas started his first businesses when he was in his early teens. He started his first company at age 19.

Right now, Thomas is working part-time and studying finance full-time....

But even though he is only working part-time, his income is greater than that of many people who work full-time, because he has practiced what he spoke about....

Thomas is also my brother, and I am constantly learning a LOT from him!

> If you look at the richest people in the
> world, you'll find that most of them derive
> the majority of their income and wealth from
> passive income. Look at Bill Gates. Do you
> think his salary made him rich, or was it
> the creation of his company that will
> continue whether he works there or not?

That's an excellent point....

The RICH in general make most of their money from passive income, which means from their ownership in shares, property, or intellectual property (like ebooks and other things)....

Then, even if they stop working, the money still flows in....

Thanks for making some great points.... :)

We can ALL learn a lot from you, Thomas.... :)

Thomas may be my brother, but by any measure he is an incredibly remarkable guy.... When he talks, I listen, because I have seen first-hand how remarkable many of his accomplishments have been....

Thanks for making those excellent points. :)

- Dien