3 types of Income explained for beginners

3 types of Income explained for beginners

0 0 7 months ago
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 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, ... See More

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