Types of Income

Rich Dad says

3 types of income

Earned income

Earned income is any income that is generated by working. Eg : Job

Portfolio income

Portfolio income is any income generated by selling an investment at a higher price than you paid for it. 

Eg: Buy and sell house with higher price

Passive income

Passive income is money you get from assets you have purchased or created. 

Eg: Rental from Real Estate

I don't think I need to explain......

But I interesting idea to share, you sure will understand.

1) HARD Income : 

Woke up by alarm, you rushed, you work, you tired but still go on, you maybe sacrificing a lot but maybe not being appreciated, you MAY go home when only time is up, and jobs are done.

2) SMART Income : 

You research RESEARCH RESEARCH, got CHANCE and got enough $ and qualification, you buy, house or shares or anything,  and things go right then you sell with a better price, you EARN.

3) AutoCome (Hokkien = KakiCome)
You OWNED, or CREATED something, business or asset,
other fellows go work hard then PAY you $$, either because they need it(House Rent), want it(product), or they make income with it(your business system).


$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
$$$$$Our "friends in white" say KopiKopiCome$$$$$$$
$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
                 "you...... langgar lampu merah la...."
                        'bang.. sorry la.. sakit perut la.... bagi chant la?'
                 "mana boleh~~ you nak macammana??                         
                         'niama pulut boleh ah?'
                 "bolehlah, bang tak minta ya, bang tolong saje ya"
                         '@#$%^'


So which "comes" you want? ~~jerryteh