Is it true that passive income does not exist?

Passive income is the dream of most people, because in the opinion of many, there is nothing better than not working, but just enjoying life.

Receiving money regularly and doing nothing is a dream not only for older people, but also for those who have just turned 20.

Moreover, most people don’t even suspect that there are practically no options for truly passive income.

The truth of this statement can quickly be confirmed if you try to invest your spare money yourself.

Currently, most bloggers cite dividends, real estate, investments in PAMM accounts, and deposits as sources of passive income.

Let's try to figure out whether it's really possible to make a one-time investment in one of these options, and then relax and count your profits.

Dividends on shares - in order to constantly receive income and not losses from investing money in shares, you will need to regularly review your investment portfolio .

Periodically remove securities of companies that have begun to decline in value or stopped paying dividends and replace them with more promising ones. Otherwise, the losses from this investment may outweigh the gains.

The only way to make this income completely passive is to entrust your money to a manager who will control the investment portfolio for you, but this is only possible with solid investments.

Real estate —or more precisely, generating a stable income from renting it out. This is even more complicated, as you need to manage tenants, sometimes find replacements, make repairs, and handle everyday issues.

You need to be very lucky with your tenants, only then will you not have constant worries about the rented apartment.

Of course, there are options here too. For example, you can rent out your property through an agency, thereby completely shifting all the worries to the company, but this option will only work with highly liquid properties.

Investing in PAMM accounts – it would seem that nothing could be simpler: invest money in a profitable PAMM account and just count the profits.

But here the situation is similar to stocks: to reduce risks, money is invested in several accounts, then their profitability should be constantly monitored, replacing unprofitable ones with profitable ones.

Bank deposits are currently considered a truly passive source of income that requires minimal time investment.

By signing a contract for a specific term, you will receive interest on your deposit, and the contract will be renewed automatically.

The only drawback here is the low interest rates on bank deposits in foreign currency and the high exchange rate risks on deposits in rubles.

Therefore, you will always be faced with the choice of whether to receive a small but stable passive income and not waste your time, or to independently control your investments and have significantly greater profits.