Active versus passive assets

[OccultKingdoms]

For many all the rage is about passive assets like cash, full bank account, digits and crypto.

But there is another group of people that prefers to hone their skills and instead of depending on market fluctuations, they decide to leverage their skills and use them together with active assets.

Which one do you prefer and why? Is that because of your age and you feel like not working hard + smart anymore? Or do you have so much cash you just buy passive assets?

Of course if you're day trading or smth risky like casino your cash is just converted into active asset which is really weak. So don't tell me cash is passive if you just blow it.

 

[deppo]

I'm building an OnlyFans business only in real life on billboards.

Meaning you can watch encrypted live videos playing around you in the city 24/7 that can only be watched with monthly subscription glasses that decrypt the garbled video content visible to the naked eye to the actual girl doing her thing.

 

[xReminisce]

Buy properties

 

[lucky.sparks]

[] I hate working


I'm tired. I will go deep countryside and start growing chickens. Or sheeps. Or both.

 

[umbreno]

Active assets… aka a job/business?

 

[SeasonedCode]

Actually, I don't believe in passive it all requires you to work the idea is to do what interests you
and when you get older you only get smarter and more experienced and the opposite isn't true

 

[OccultKingdoms]

[] I hate working


I'm tired. I will go deep countryside and start growing chickens. Or sheeps. Or both.

Troll? You say that and will keep on running your stuff in village. No? Let's see with time.

Active assets… aka a job/business?

Sure. What else can it be? There's probably some more options but generally you buy things for business and call it active assets.

 

[Professor Cat]

I already expected someone will say Buy property. Whereby I will not. I live simple. Buying a property to sell high or rent out. No doubt every month you have good rental fee to collect but negative part , don't get Bad tenants you never know. Tenant don't rent your property forever. Next water and electricity bill is vary depend the Govt of each countries. For my country here, Govt just increase water price. You bet those landlord maybe going increase their rental but they also have to bear in mind if increase to much tenants will not rent their property anymore. Basically a lot misc backend come property.

or just park your money inside bank Fix deposit , or buy investment saving plan. No need to worry handle misc stuffs.