this post was submitted on 26 Nov 2023
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Hello! 26F here.

I’d like to embark on a journey to start collecting passive income. What’s a good place to start?

Can you provide a video/book to learn from ?

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[–] Bob-Roman@alien.top 1 points 11 months ago

Passive income is often defined as income acquired with minimal effort.

IRS says passive comes from rental property or royalties or stock.

So, I’d say the simple ways would be to buy stock, buy interest in a franchise company, or become a slumlord.