EP 178: Residual Income vs. Passive Income

Time Stamps:[00:00:00] Residual and passive income differ in practice.[00:03:23] Invest stocks; use covered calls for income.[00:08:26] Passive income: earnings from non-job sources.[00:11:03] Earn passive income through stocks or businesses.[00:14:09] McDonald's:
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How I Made $100K in 1 Day

There were times when I first started trading... ...When the naysayers told me "making money in the stock market isn't possible" Or... "Only the rich are the ones to get richer" Or... "It's a waste