Passive income, on the other hand, is income that does not require your direct involvement. Some kinds of passive income you may be familiar with include owning rental property, royalties on an invention or creative work, and network marketing. If you want to earn more, work less, and have a decent retirement, you're going to have to start creating income streams that do not require your direct involvement.
Whether you're just starting your business, or you've been running it a while, the sooner you start thinking about how you are going to shift your business model to create more passive income, the sooner you can achieve personal and financial freedom.
You can choose to have a forex managed account as for your passive income.
When you have a low risk account it is like if you rent an house and receive any month some money. In this case you make work your capital.
Usually buy an house to rent require a lot of money, with some managed accounts you can just put 5000$ or even less. So it is not necessary have big capital to begin to have a nice income with no risk at all.
Surfing on internet I see many website that refer to passive income in activity that require some sort of work involved, so that is not a really passive income.
In the managed account your money work for you so it is really a 100% passive income because there's no work involved.