Active Income Type One: Employment Income

This is the second article in this week’s series that began March 26, 2007 with the article entitled “Active vs Passive Income”.

If you get paid by someone else to trade/invest regardless of whether you make or lose money, then you have employment income. Actually, this is a pretty good deal provided your employment continues.

Traders at banks, pension funds, insurance companies and similar institutions get to have employment income. Often there are perks like paid vacations, insurance, bonuses, etc.

The book Cash Flow Quadrants says employment income is the worst type. But David, what about the perks? And the fact that the income arrives regardless of profit or loss from trading/investing? Surely, the perks and disregard for profits/losses elevate this type of income to being the best type that traders/investors can get!

continued tomorrow ...

Copyright 2007 Raymond T. Lee. All rights reserved.
Leisurely e-Mini Futures Trading
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