Active vs Passive Income

If attaining freedom is a result you want from trading or investing, then you need to be acquainted with the idea of passive income.

There are many ways to make and to lose money trading and investing. Some of them do not lead to freedom.

Also, since it’s personal income tax return season, a review of the different types of income would be timely as they are taxed differently.

David Kyosaki says, broadly speaking, there are four different categories of ways to make money. He describes them in his book Cash Flow Quadrants.

continued tomorrow ...

Copyright 2007 Raymond T. Lee. All rights reserved.
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