Tuesday, September 14, 2010

Passive Income Opportunities Are Residual Income Opportunities

The best residual income opportunity is found in passive income opportunities. 

But isn't residual income and passive income the same?  Well, they are kissing cousins.  Some people think of trails and renewals from selling mutual funds and life insurance policies as residual income, because the main commission income was earned up front. 

However, any income that is not actively earned on a continual basis is what we call "passive income".  So consider residual income as a subset of passive income.  Either way the best residual income opportunity is one where your stream of passive income continually grows, without your having to actively create it by trading your time for money.

In this blog, we will explore several different passive income opportunities and help you figure out what the best residual income opportunity for you might be. 

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