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Archive for December, 2009

The Whys and Hows of Building Passive Income

December 07, 2009 By: LazyInvestor Category: Generating Passive Income, Personal Finance No Comments →

Why build passive income?

Passive income is a popular term nowadays and most of you have undoubtedly heared about it. But why, you may ask yourself is it so popular? The popularity of passive income is fairly easy to explain; if you build a passive income portfolio you will achieve financial freedom which is something most people desire. Having financial freedom allows you to have more control over your life. You no longer depend on a paycheck from your employer and have the option to work if you want to and not because you have to. Having the money to to cover your costs of living brings with it a tremendous piece of mind. And knowing that you will still get paid even though you don’t actively work for it is real nice also. Read Complete Article