Reality Radio for a really great future.

We're talking real money.

The dream, the impossible dream of all Americans.

Nay, nay, all of humanity is to get something for doing nothing. But in America, in America,

we call it for some reason passive income. It's all the rage, particularly among millennials.

How can I create sources of passive income so that I don't have to leave the

house and get a job? I just want income to come in. How do I make passive income for the rest of

my natural life? And you know, there are plenty of people who will tell you how to provide or get passive income.

But some of the ways they suggest generating passive income,

well, Tom, they sound to me far from passive.

They're not very passive.

Let's make sure that we're all on the same page here,

because the IRS defines passive income as

earnings generated by someone who isn't materially participating in the endeavor, meaning you work.

Okay, wait, then you're not actually working. That makes it passive. Yeah, exactly.

Sitting on the couch less than 500 hours annually on a project or less than 100 hours if you put more time

in than the rest of your coworkers involved. So that's the IRS standard. Okay. But what most people

think is I just put the money there and then the money starts coming back to me. That's what most

No, no, no, no, no. What about those, though? And this is the case with a lot of millennials.

I don't have any money. How do I create passive income? Ah, okay. Well, let's get to those ideas.

I mean, there are people who will give you these brilliant, they, they sound so good, particularly to someone with less than a lot of experience.

How about starting a YouTube channel? The typical YouTuber receives $18 per 1,000 views on the videos.

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