What is Passive Income

WHAT IS PASSIVE INCOME

Few people realize the importance of Passive Income.    In life, we must either work for a paycheck, or we can wisely invest and let those investments pay us.   Last year I had virtually no substantial income from dividends.    By purchasing a lot of Growth Dividend Stocks, CEFs (Closed-End Funds) at huge discounts to Net Asset Value, and some Preferred Stocks, we have now over $70 per month coming in.   We are planning for over $100 per month in the next six months, with a goal to get above $500 within 2 years.

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