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Can I become wealthy through passive income?

Curious about becoming rich

Can I become wealthy through passive income?

Yes, it is possible to become wealthy through passive income. Passive income is income that you earn without actively working for it. Some examples of passive income include rental income from real estate, dividends from stocks and other investments, royalties from creative works, and income from online businesses. However, building significant passive income streams can take time and effort, and there are also risks involved. It is important to research and understand the various options for passive income and to carefully evaluate the potential risks and rewards before investing your time and money.

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