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Post by Mr. Meyer on Mar 23, 2016 4:00:46 GMT
List the various types of income.
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Post by mckenna on Mar 23, 2016 14:59:42 GMT
Earned and unearned-- I'm not totally sure I understand what you're asking
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Post by johnpretorius on Mar 24, 2016 16:42:27 GMT
There are three main types of income the first is earned income, which is income earned by working. The seconded type of income is portfolio income, which is income obtained by selling an investment at a higher price than what you originally paid for it. The third type of income is passive income, which is income that is earned on a regular basis that does not have much work put into making it. Examples would be real estate, or being an owner of a company that you are not actively involved in.
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