[crystalarchives]

I think you might have a different idea of "passive income" than the rest of us here.

Passive income is money generated without requiring you to go to work, trading a set amount of hours for steady cash. Instead, it's spending the effort on building something (whether it be a book for royalties, a website for subscription payments, investments for interest / asset worth increase, or real estate for rental money) that generates a cash flow without requiring the 40 hour work week.

Granted, it's not "passive" in that you still need to spend the time and effort to get it up and running, but once your system in place there's usually much less time involved to keep it operating, which is why this type of income is much more attractive - you can scale this system to make much more money than you ever could through salary.

However, the risk is correspondingly higher; if your product doesn't do well, you don't get money, whereas you can get away with a reasonable amount of subpar performance at larger companies without too much problem.

[jmtame]

Nope, I know exactly what this topic is about. I read 4 Hour Workweek too.

[jodrellblank]

Then how can you claim that passive income doesn't exist, when it clearly does?

[jmtame]

How can you claim that Jesus doesn't exist, when he clearly is in the Bible!?

[whatusername]

Another try - Do term deposits / Government Bonds / ?? pay a higher rate than the inflation rate?

If so - that is passive income. OBVIOUSLY it requires capital / time / effort / luck / something to start with... But once that part is done - the rest is passive.