Look, even Wikipedia admits it!

Passive income is a type of unearned income that is acquired with little to no labor to earn or maintain.

glasses-off “I work very hard as a landlord”

glasses-on “I am a leech on society”

  • LesbianLiberty [she/her]@hexbear.netEnglish
    12·
    4 months ago

    Then it’s not clearly not passive income, “passive income” is definitionally simply reaping where one has not sown. If you’re doing work it’s not passive income, it’s a job. Software Dev work is not so easy.

    • Farid@startrek.websiteEnglish
      1·
      4 months ago

      No it’s not. It’s “definitionally” income that’s passive, i.e. you’re not actively doing anything for it (any more). In other words, you can put a some or a lot of work in advance and then receive income over time, passively. A short list of examples:

      • royalties from intellectual property, like books, music, acting, patents etc.
      • automated business, where it’s developed to the point that requires almost no input
      • ad revenue from online content, like websites, blogs, vlogs etc

      As a software dev I know what it entails. It can be your job AND your passive income.