passive income

“This elusive term passive income that I'm pretty convinced does not actually exist.”

“I think passive income is something sold to you on people online that want to tell you how to do, I don't know drop shipping or something like that. I've never met passive income.”

“According to the Federal Reserve survey, only 11% of Americans earn any passive income at all. And of those, 75% comes from real estate requiring some management. So truly passive monthly income represents less than one percent of all income earned in the U.S.”

“The only, I think, truly passive income strategy, the only, is ownership. You have to own something. Whether that be a business that is making you money, whether that be investments in the stock market, whether that be a bond that is paying you interest for ha…”

“I think it rarely, if ever, exists, because what people think of passive income is, I don't have to work to get this, and anyone who's been, like a landlord, like, realizes, like, that could be a full-time job for doing it, or owning small businesses.”