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  • Writer's pictureJoe Woodhouse

The Truth About Passive Income

I want to talk about "passive income", it’s a major buzz word on the internet at the minute, and if you fall into the trap of googling it or clicking on any link that promises you a life of easy money - your Facebook, Instagram, YouTube and emails WILL blow up with adverts, forever.

But the truth about passive income is there are only 2 real ways of making it.

  1. Invest in property, and rent it out.

  2. Invest in the Stockmarket and receive dividends.

That is it. Anything else, doesn’t really exist. So all these scumbags you see online who tell you if you pay them $500 they’ll show you a sure fire way to quit your job and spend the rest fo your life on a beach in Mexico sipping Pina coladas. It’s bullshit.

It’s just not true, There is a very, very small percentage of people who have ever achieved this and I guarantee it’s followed a boat load of hard work, everyone wants a get rich quick scheme and there is no such thing. There is no magic formula.

I know it destroys the dream, and beside a magical win on the lottery (which is gambling so we're not including that) if you want that luxury lifestyle - you have to earn it. Or be lucky enough to be born the child of a Russian oligarch i suppose...

So just to clarify. The 2 real forms of passive income: Property and the Stockmarket. That’s it.

Everything else is just noise.

Thanks for reading,

1 Comment

Brian Wilshaw
Brian Wilshaw
Nov 12, 2021

Thank you! At least someone has finally come out and said it!

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