Posted on March 19, 2008 by Dana Kunz
Passive income is often defined as making money while you sleep.
Passive income is the opposite of active income.
Passive income is value earned that is disconnected from time spent.
Passive income comes productive assets, from owning interests in business, real estate and intellectual property.
Passive income comes in the form of interest, dividends, capital gains, and business income.
Passive [...]
Filed under: Definitions, Productive Assets | Tagged: Family, income, Productive Assets | No Comments »
Posted on March 11, 2008 by Dana Kunz
Productive assets an shield you from uncertainty and make you financially independent of your job.
What you personally want from productive assets depends on your definition of financial independence, and how you want to invest your time each day. Here are some quick definitions to get you thinking about the technical side of productive assets.
Productive assets…
Generate [...]
Filed under: Collect Assets, Definitions, Productive Assets | Tagged: Family, personal finance, Productive Assets | No Comments »
Posted on February 10, 2008 by Dana Kunz
The only way to become independent of your job is to build your productive assets until they generate enough cash flow to cover your lifestyle expenses.
Productive assets are interests in business, real estate and intellectual property. They produce cash flow now, appreciation later, or both.
Productive assets deepen your reserves in a financial emergency. [...]
Filed under: Exercises, Financial Independence, How To, Productive Assets | No Comments »
Dana Kunz