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briansol · 08-21-2006, 03:09 AM

There are three types of Income:

Earned
Portfolio
Passive

Earned Income refers to positive cash flow from a job or other vocation in which one physically does something for cash reward, in most cases, "work".

Portfolio Income refers to positive cash flow originating from stocks, bonds, and other items an investor would typically have in his/her "portfolio"

Passive income refers to positive cash flow without having to work. This income type includes rental property income, interest from savings, royalties, etc. In most cases, "no work".

08-21-2006, 03:09 AM	#1
briansol Administrator Join Date: Aug 2006 Location: Central CT Age: 30 Posts: 738 Rep Power: 10	Types of Income There are three types of Income: Earned Portfolio Passive Earned Income refers to positive cash flow from a job or other vocation in which one physically does something for cash reward, in most cases, "work". Portfolio Income refers to positive cash flow originating from stocks, bonds, and other items an investor would typically have in his/her "portfolio" Passive income refers to positive cash flow without having to work. This income type includes rental property income, interest from savings, royalties, etc. In most cases, "no work".

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