create account

Myth of Passive Income by codingdefined

View this thread on: hive.blogpeakd.comecency.com
· @codingdefined ·
$3.87
Myth of Passive Income
There are 100s of posts and videos bombarded with the dream of passive income every day. It is a dream sold that you get money flowing to you always while you relax or enjoy your vacation. But there is a problem, how it is portrayed is actually a myth. For example, if you have a large amount of money invested in a mutual fund or FDs, then yes, this type of passive income makes sense because you will get the money flowing regularly.

 https://img.leopedia.io/DQmPTvN1Zw4BXA8X2HLQjYMtXLnonqqxFKV37Q2xKTEv8aD/17484467920436780643393556995386.jpg 
PC: Pixabay.com

Passive Income is money earned with little or no effort at all. The true passive income is like dividends from stocks, rental income, etc where the money will continue to come without your intervention. But mostly, the passive income concept sold by many is a myth. They say, get a skill and try to generate a business from that skill and run it on autopilot, and you are set for life. The problem is that nothing lasts forever. 

By the time the passive income goes mainstream, it starts to die, and the people who sold the myth might have earned, but not the people who have followed. For example, a few years back, Amazon's Kindle started gaining popularity, and now it has gone down the drain. A few years back, blogging was at the top, but now it is not earning anything. And the same applies to dropshipping, YouTube automation channels, Instagram theme pages, etc. These trends rise fast, but they die faster,r and they are actually not the true definition of passive income.

In simple terms, if your passive income depends on another system change, then it is actually not passive. It's a rented success, for example,e if you are a great YouTuber earning in lakhs and then you get 3 copyright strikes your channel would be deleted and you have to start afresh. So most of the passive income out there is not passive in the sense, it needs regular updates. 

For example, someone would be doing blogging has to change to YouTube to be relevant. People need to adapt to the change for their passive income to continue to work otherwise, it will bite the dust. So the smart alternative is to have active income with leverage, which actually increases your active income. Once your active income increases, you can increase your true passive income, and then you are set for life.

Posted Using [INLEO](https://inleo.io/@codingdefined/myth-of-passive-income-7mb)
👍  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , and 38 others
properties (23)
authorcodingdefined
permlinkmyth-of-passive-income-7mb
categoryhive-167922
json_metadata{"app":"leothreads/0.3","format":"markdown","tags":["hive-167922","hive-engine","Neoxian","India","Cent","Ctp","Archon","Proofofbrain","Vyb","Bbh"],"canonical_url":"https://inleo.io/@codingdefined/myth-of-passive-income-7mb","links":["https://inleo.io/@codingdefined/myth-of-passive-income-7mb)"],"images":["https://img.leopedia.io/DQmPTvN1Zw4BXA8X2HLQjYMtXLnonqqxFKV37Q2xKTEv8aD/17484467920436780643393556995386.jpg"],"isPoll":false,"dimensions":{}}
created2025-05-28 15:41:12
last_update2025-05-28 15:41:12
depth0
children6
last_payout2025-06-04 15:41:12
cashout_time1969-12-31 23:59:59
total_payout_value1.942 HBD
curator_payout_value1.931 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length2,432
author_reputation530,600,093,659,630
root_title"Myth of Passive Income"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id143,016,940
net_rshares11,871,246,591,351
author_curate_reward""
vote details (102)
@india-leo ·
Indiaunited Curation 1748447011322
This post has been manually curated by @bhattg from Indiaunited community. Join us on our [Discord Server](https://discord.gg/bGmS2tE). 

Do you know that you can earn a passive income by delegating your Leo power to @india-leo account? We share 100 % of the curation rewards with the delegators. 

<sub>**100% of the rewards from this comment goes to the curator for their manual curation efforts. Please encourage the curator @bhattg by upvoting this comment and support the community by voting the posts made by @indiaunited.**</sub>
properties (22)
authorindia-leo
permlinkindiaunited-1748447011322
categoryhive-167922
json_metadata{"app":"hiveblog/0.1","format":"markdown","tags":["hive-167922","hive-engine","Neoxian","India","Cent","Ctp","Archon","Proofofbrain","Vyb","Bbh"]}
created2025-05-28 15:43:30
last_update2025-05-28 15:43:30
depth1
children0
last_payout2025-06-04 15:43:30
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length536
author_reputation7,624,557,215,243
root_title"Myth of Passive Income"
beneficiaries
0.
accountbhattg
weight10,000
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id143,017,009
net_rshares0
@indiaunited ·
Indiaunited Curation 1748447000968
This post has been manually curated by @bhattg from Indiaunited community. Join us on our [Discord Server](https://discord.gg/bGmS2tE). 

Do you know that you can earn a passive income by delegating to @indiaunited. We share more than 100 % of the curation rewards with the delegators in the form of IUC tokens. HP delegators and IUC token holders also get upto 20% additional vote weight. 

Here are some handy links for delegations: [100HP](https://hivesigner.com/sign/delegateVestingShares?delegator=&delegatee=indiaunited&vesting_shares=167252.082324981%20VESTS), [250HP](https://hivesigner.com/sign/delegateVestingShares?delegator=&delegatee=indiaunited&vesting_shares=418130.2058124524%20VESTS), [500HP](https://hivesigner.com/sign/delegateVestingShares?delegator=&delegatee=indiaunited&vesting_shares=836260.4116249048%20VESTS), [1000HP](https://hivesigner.com/sign/delegateVestingShares?delegator=&delegatee=indiaunited&vesting_shares=1672520.8232498097%20VESTS). 

[![image.png](https://files.peakd.com/file/peakd-hive/bala41288/46eaz12N-image.png)](https://discord.gg/bGmS2tE) 

<sub>**100% of the rewards from this comment goes to the curator for their manual curation efforts. Please encourage the curator @bhattg by upvoting this comment and support the community by voting the posts made by @indiaunited.**</sub>. 

This post received an extra 20.00% vote for delegating HP / holding IUC tokens.
properties (22)
authorindiaunited
permlinkindiaunited-1748447000968
categoryhive-167922
json_metadata{"app":"hiveblog/0.1","format":"markdown","tags":["hive-167922","hive-engine","Neoxian","India","Cent","Ctp","Archon","Proofofbrain","Vyb","Bbh"]}
created2025-05-28 15:43:21
last_update2025-05-28 15:43:21
depth1
children0
last_payout2025-06-04 15:43:21
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length1,409
author_reputation97,112,187,828,432
root_title"Myth of Passive Income"
beneficiaries
0.
accountbhattg
weight10,000
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id143,017,005
net_rshares0
@yintercept ·
The pursuit of passive income is one of the most destructive forces in the economy. The financial tools to produce passive income must leach off of productive income, and they often blow up in the face of the people who dedicated their lives in the pursuit of something for nothing.

!WINE
properties (22)
authoryintercept
permlinkre-codingdefined-swzb2i
categoryhive-167922
json_metadata{"tags":["hive-167922"],"app":"peakd/2025.5.7","image":[],"users":[]}
created2025-05-28 15:59:09
last_update2025-05-28 15:59:09
depth1
children3
last_payout2025-06-04 15:59:09
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length289
author_reputation27,822,573,478,293
root_title"Myth of Passive Income"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id143,017,538
net_rshares0
@beerlover ·
<div class='pull-right'>https://files.peakd.com/file/peakd-hive/beerlover/yiuU6bdf-beerlover20gives20BEER.gif<p><sup><a href='https://hive-engine.com/?p=market&t=BEER'>View or trade </a> <code>BEER</code>.</sup></p></div><center><br> <p>Hey @yintercept, here is a little bit of <code>BEER</code> from @isnochys for you. Enjoy it!</p> <p>Learn how to <a href='https://peakd.com/beer/@beerlover/what-is-proof-of-stake-with-beer'>earn <b>FREE BEER</b> each day </a> by staking your <code>BEER</code>.</p> </center><div></div>
properties (22)
authorbeerlover
permlinkre-yintercept-re-codingdefined-swzb2i-20250528t212217761z
categoryhive-167922
json_metadata{"app":"beerlover/3.0","language":"rust","developer":"wehmoen"}
created2025-05-28 21:22:18
last_update2025-05-28 21:22:18
depth2
children0
last_payout2025-06-04 21:22:18
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length523
author_reputation25,788,252,260,010
root_title"Myth of Passive Income"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id143,024,098
net_rshares0
@beerlover ·
<div class='pull-right'>https://files.peakd.com/file/peakd-hive/beerlover/yiuU6bdf-beerlover20gives20BEER.gif<p><sup><a href='https://hive-engine.com/?p=market&t=BEER'>View or trade </a> <code>BEER</code>.</sup></p></div><center><br> <p>Hey @yintercept, here is a little bit of <code>BEER</code> from @isnochys for you. Enjoy it!</p> <p>We love your support by voting @detlev.witness on <a href='https://vote.hive.uno/@detlev.witness'>HIVE</a> </a>.</p> </center><div></div>
properties (22)
authorbeerlover
permlinkre-yintercept-re-codingdefined-swzb2i-20250528t212223720z
categoryhive-167922
json_metadata{"app":"beerlover/3.0","language":"rust","developer":"wehmoen"}
created2025-05-28 21:22:24
last_update2025-05-28 21:22:24
depth2
children0
last_payout2025-06-04 21:22:24
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length475
author_reputation25,788,252,260,010
root_title"Myth of Passive Income"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id143,024,103
net_rshares0
@isnochys ·
Thank you for your [witness vote](https://hivesigner.com/sign/account-witness-vote?witness=isnochys&approve=1)!
 Have a !BEER on me!
To Opt-Out of my witness beer program just comment STOP below
properties (22)
authorisnochys
permlinkre-re-codingdefined-swzb2i-20250528t212203z
categoryhive-167922
json_metadata"{"app": "beem/0.24.26"}"
created2025-05-28 21:22:06
last_update2025-05-28 21:22:06
depth2
children0
last_payout2025-06-04 21:22:06
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length194
author_reputation47,908,707,540,347
root_title"Myth of Passive Income"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id143,024,094
net_rshares0