Comment by erikb

Why does everybody list books, webapps and mobile apps as passive income? I hope you created them yourself. Then they are not passive income but a product. Like every product they have a lifetime, then you need a new product. Therefore you actually have a first or second active business and not a passive income. "Passive income" is rent for condos you own, or having shares in your friend's profitable business that yields dividends etc. or did I completely misunderstand the meaning of that word?