“My rich dad taught me to focus on passive income and spend my time acquiring the assets that provide passive or long term residual income…passive income from capital gains, dividends, residual income from business, rental income from real estate, and royalties.” Robert T. Kiyosaki Imagine if you could earn money simply by sitting back and doing nothing. Believe it or not, it's something countless folks do every day. It's a concept known as passive income investing, and it's what allows people like you to accumulate wealth without having to lift a finger. Passive income is earnings derived from a rental property, limited partnership, or other enterprise in which a person is not actively involved. As with active income, passive income is usually taxable. 1. License your Images We all take photographs. You can earn a passive income by Licensing your images and getting royalty fee whenever someone uses it. As the photographer, you own the rights to your imag...