Everybody knows that an active income can not help you when you get older. You have to find a way to have a passive income. But what is passive income anyway? Passive Income is an income where even if you don't have to work, you still have an income. It could be a business or investment that generate money without you working on it. It is money that gives you more money return. Rich are using their money to earn money. They don't work to others like most of us. They used their money to have a business that earn money but others are buying real estates properties to ear money too. They also invest in stocks, mutual funds, bonds and other paper investments.
Right now investing in Mutual Fund is the best. Most of them will earn big returns that are high as 30% per year. I myself invested on Mutual Fund. But my best advice is to diversify your assets so when there is a problem with one of your businesses and investments, the other can save your financial standing.
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