Buy, Borrow, Die
Rich Dad Radio Show: In-Your-Face Advice on Investing, Personal Finance, & Starting a Business
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Passive Income Is Income That You Work For
Passive income is income that somebody else works for. It could be an employee to work for it, or a Ken McElroy who works for it. And you get the passive income. Anything that's up. If you were to invest in a business, you could get passive income from a business too. Because the business owner is using your money, and so it's kind of rent on the money. So passive income in many ways is like rent no matter what it is that you're investing in. Right?
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