The definiton most use for a passive income is when your money is working for you not you for it.
Would sportsbetting (if you are winning monthly) be lumped into this category or not because you are working for it, but everything involves a little time and effort.
A book I reading right now talks about getting as many streams of income or passive income added into your life and wonder if any of you guys consider this a passive income. I guess it would have to be but the risk of losing money may not make this qualify. When you think about it everything involves risk to some extent.
Just curious to hear some others takes on this?
Would sportsbetting (if you are winning monthly) be lumped into this category or not because you are working for it, but everything involves a little time and effort.
A book I reading right now talks about getting as many streams of income or passive income added into your life and wonder if any of you guys consider this a passive income. I guess it would have to be but the risk of losing money may not make this qualify. When you think about it everything involves risk to some extent.
Just curious to hear some others takes on this?