How to Make a Passive Income with Wealthsimple

passive income with wealthsimple

Are you interested in earning a passive income? Well heck yeah, who wouldn’t be?? I mean, if you had a chance to hand someone $1,000 with the agreement that they’d come back to you in 6 years with $2,000, we’d probably all hurry up and scrounge up $1,000, right? Actually, I’d gather up $100,000 to try to get $200,000! 😉

This is what passive income does for you. It allows you to invest either time or money up front, and then kick back and watch the money flow in while doing absolutely nothing. An easy example to comprehend is writing a book. Once you print the thing and put in on the shelves, the work is done.

All you have to do after that is sit back and ask your publisher how many you’ve sold and what your royalty check is. Sounds pretty sweet, huh?

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