Passive income is all about money making money 24/7. It’s about buying money-producing assets and investing time to build products that generate income without future effort.
With this type of income, you make a purchase and forget it. Therefore, you don’t have to devote time or energy to generate money from these passive income streams.
There are two main ways to make money from stocks. First, you can start investing. Purchase and forget it. Then make money when you sell the stock down the road through capital gains.