Passive Investing 101
Simply put, passive investing means you leverage your own money to invest in a company or business which in turn pays you a portion of their profits as passive income. As a passive investor you will not play an active role in the management of that company . This does not mean that you will not be doing any work though. In fact, you should be doing a good amount of work up front to understand the investment. You also need to ensure that your investment is the right tool for you.