Investments earn passive income, which means the money earns extra value over time without you having to

Fantastic news! We've Found the answer you've been seeking!

Question:

Investments earn passive income, which means the money earns extra value over time without you having to do anything in particular to earn it.

If you have a good job and a budget that allows you to save a portion of your income throughout each year, what's the point of passive income? Why not just collect and save your money without risking a loss through investments?

Posted Date: May 18, 2024 01:12 PM

See More Questions

If y=tan-13/t^2 find dy/dt
What is conservatism and how might it conflict with neutrality?
The probability that the second roll was larger than the first. Somebody invents a three-sided die that gives scores of 1, 2, or 3, each with probability 1/3. Two such die are rolled. Use the law of...
At December 31, 2017, Seattle Corporation had two notes payable outstanding (notes 1 and 2). At December 31, 2018, Seattle also had two notes payable outstanding (notes 3 and 4). These notes are...
Elm Manufacturing Company (ELM) is a small manufacturer of backpacks located in Rochelle, Illinois. You have access to ELM's electronic records (via the "Sales 2017 - 4th Quarter" dataset provided...
Operating Cycle and Cash Cycle Calculations A company has an average collection period (ACP) of 20 days and AR balance of $100,000. Assume 365 days. Note: ACP is same as AR Period. What is the...
In an initial post of at least 200 words, explain how implementing both job order costing and activity-based costing (ABC) helps Gibson Guitars answer these questions. In your post, Compare job order...
List the steps of data wrangling and explain what is done in each step.
A production line must produce 1,500 units every 4 hours of operating time. What is its cycle time in seconds?
A production line is to be designed to assemble a product. The assembly of this product requires three tasks, one of which requires 0.3 minutes to complete, one of which requires 1.4 minutes to...
(a) Distinguish between 'non-controllable' and 'controllable' risk. (b) Explain briefly the components of non-controllable and controllable risk.
Why would sustainability alone not necessarily guarantee the survival of an organization?
Look for a news item with a topic related to Management Accounting class and do a thorough analysis on it. Include the following in your work: Cover page Introduction News Analysis Conclution Look...
Will the prediction interval always be wider than the estimation interval for the same value of the independent variable? Briefly explain.
Assume that you have 890 total equivalent units of materials and 863 total equivalent units of conversion costs. Also assume that your beginning inventory is composed of $$3,390$ of materials and...
Assume that you have completed and transferred 800 units out of your department during the period and that you have determined your average cost per equivalent unit of direct materials to be...
Assume that your ending inventory is composed of 90 equivalent units of materials and 63 equiva- lent units of conversions costs and that you have determined your average cost per equivalent unit of...

Investments earn passive income, which means the money earns extra value over time without you having to

Question:

Expert Answer:

Students also viewed these accounting questions