Monday, August 20, 2007
Investing Basics
Some Basics of getting out of the rat race are as follows. Basically, your objective is to acquire enough passive income to more than cover your regular monthly expenses. Passive income is income that you don't have to work for, you earn it passively. For example: positive cashflow on a real estate investment, or limited partnership, or dividends on a stock. If you have to work for it (like you do at a job) then it is active income.
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