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Active or Passive Income for Capital Projects.

Iboro

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Jan 25, 2023
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As an investor, you always want to ensure that your capital is working for you in the best possible way. One of the most important decisions you have to make is the source of income for your capital projects. Should you opt for active income, such as starting a business or working a job, or go for passive income, such as renting out property or investing in stocks?

So, which one is the right choice for you and your capital projects?
 
I think it depends on the kind of capital projects you are handling and the nature of your income( both passive and active). I have seen people use salaries to build houses.
 
You need both active income sources as well as passive income sources. When you have active income sources, you can use your active income to build your passive income. Active income might not help yo grow your wealth as there is a limitation on how much you can earn. However, passive income will let yo build unlimited income.
 

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