3 types of Income explained for beginners
Sign up for free
Listen to this episode and many more. Enjoy the best podcasts on Spreaker!
Download and listen anywhere
Download your favorite episodes and enjoy them, wherever you are! Sign up or log in now to access offline listening.
Description
Every Beginner Investor should strive to get investment income and passive income. 1. Earned or Active Income. Paycheck Income Most of Us Start here working for someone or being self...
show more1. Earned or Active Income. Paycheck Income Most of Us Start here working for someone or being self employed.
You get TAXED the MOST :(
2. Investment Income- money you make from stock. Capital Gains (profit) after you sell an asset.
Hold stocks for one year and a day to be taxed at a lesser amount.
3. Passive Income (Business Income) New is the Pass through Income.
Royalties and Intellectual Property. Books, movies, songs, YouTube Business channels of creators and licensing and merchandising agreements.
Strive to make your money work for you.
Learn compound money.
Disclaimer this is for education and entertainment purpose only.
I am not a licensed professional.
Information
Author | Girl Mogul |
Organization | Girl Mogul |
Website | - |
Tags |
Copyright 2024 - Spreaker Inc. an iHeartMedia Company