What is passive income?
Passive income is income derived from assets or sources which require very little maintenance work or for that matter very little involvement. For example interest on your savings account, yield from a bond which you purchased, or stock dividends all fall in the category of passive income.
It is generally a preferred income category for both working and retired individuals. It is always better to get some form of return on your cash deposits than allow it to be depleted through depreciation.
To read the full article on this topic, please visit REIT Or Real Estate – Better Option For Passive Income?
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