Comments on: Does Passive Income Really Exist?

By: How To Create Passive Online Income - Amateur Asset Allocator

How To Create Passive Online Income - Amateur Asset Allocator — Mon, 08 Jun 2009 11:02:47 +0000

[...] have written in detail on the virtues of creating alternative streams of passive income, and several others have called into question just how passive many of these alternative streams really are.� [...]

By: Money Hacks Carnival #39 : Moolanomy

Money Hacks Carnival #39 : Moolanomy — Fri, 26 Dec 2008 05:03:15 +0000

[...] Does Passive Income Really Exist? posted at Four Pillars [...]

By: Ms. Smarty Pants Know It All » Recommended Blog Articles for the Week of November 17

Sun, 23 Nov 2008 20:21:44 +0000

[...] Pillars with Does Passive Income Really Exist? Income from blogging is certainly not passive. The article also makes a good point to not consider [...]

By: The Financial Blogger | Financial Ramblings

The Financial Blogger | Financial Ramblings — Sat, 08 Nov 2008 16:16:04 +0000

[...] Cheap over at Four Pillars is asking �Does passive income really exists?�. I�d say it depends on your definition of passive [...]

By: The Financial Blogger | Financial Ramblings

The Financial Blogger | Financial Ramblings — Sat, 08 Nov 2008 16:16:03 +0000

[...] Cheap over at Four Pillars is asking �Does passive income really exists?�. I�d say it depends on your definition of passive [...]

By: Nurseb911

Nurseb911 — Fri, 07 Nov 2008 01:28:42 +0000

When I was in nursing school I was making just under $35k per year from a part-time job & consulting. Dividends at that time would have yielded a tax rebate of ~$0.07 for every $1.00 in dividends I receive. That has now flipped to about 7% tax on dividends but as a student you should be benefiting from it more than someone in a higher tax bracket Cheap

By: Gates VP

Gates VP — Thu, 06 Nov 2008 23:32:57 +0000

I don’t really think there’s really a “passive income”, just the usual gradients of labour intensity vs. returns.

I guess we all draw an imaginary line on the returns / labour ($ / hour) curve and say that anything above some really high $/hour is indeed passive. But we all have different spots at which we draw that line.

I don’t know of any investment that can made ad infinitum with zero additional time/resources required for maintenance. But some things (like managing a good dividend portfolio) are definitely high enough to count as “reasonably” passive.

By: Mr. Cheap

Mr. Cheap — Thu, 06 Nov 2008 19:13:32 +0000

DGI: I’d definitely agree with that: that its good to have money coming in from multiple sources…

By: Dividend Growth Investor

Dividend Growth Investor — Thu, 06 Nov 2008 18:28:57 +0000

I think that most people confuse the terms passive and alternative income. It’s all about having a diversified income stream so that when one dries up you don’t end up eating cat food in your fancy box house on the street.

Anyways I like the idea of purchasing dividends stock in many companies and holding on to them for several decades.. watching the dividend payments rise over time is definitely a great exercise in passive income..

I think that with dividend stocks you only spend a little bit of time now and then you have a lifetime of income potential…

As for passive income, I think that Forbes Dead Celebrity earners list is definitely a true list of passive income ventures..

http://blogs.forbes.com/digitaldownload/2008/10/dead-celebritie.html

By: Mr. Cheap

Mr. Cheap — Thu, 06 Nov 2008 16:55:03 +0000

Brad: Yes, the taxation of Canadian dividends is pretty sweet (I just wish I had a higher income so I could benefit from it more .