- August 23, 2021
- Posted by: admin
- Category: Blockchain, Investmnet, Real Estate
In this article, we want to talk about different types of income that exists, to have a better understanding about the financial world and how Genius Estates can help you generate a passive income.
In theory, in microeconomics, income is the consumption and saving opportunity gained by an entity within a specified timeframe, which is generally expressed in monetary terms. (Wikipedia)
Usually, the gross income is the total amount of all revenue. After the taxes and other deductions-like pension contribution, health insurance- remains the net income. By understanding this, it might influence how you choose to direct your time and effort and also, set future goals that you want to achieve.
What is Active income?
Active income is basically your time for monetary reward. This one is the most frequent form of income in the present, at global level. Unless you can generate income when you sleep, it means you are part of this category.
What is Passive Income?
Is the money you earn from different assets, that you are in control of. For example, you can rent your house, car and this will generate a passive income. Another example would be income that comes from a business. Another royalty is that a writer released a book, and the money that comes from the sells is also tagged in this category. Basically, you invest your time once, and earn for a lifetime.
What is an asset?
There are two kinds of assets that we will briefly explain here.
An asset is anything that has a finite monetary value and usually a physical form. As they are tangible, the first kind of assets, they frequently are called real assets- properties and real estate (households), vehicles and so on.
But, nonetheless, the second kind, intangible assets lack physical substance and usually is very difficult to evaluate. They are directly connected to intellectual property, such as copyright, patents, or trademarks.
As we talked about different incomes and assets, you may wonder what an STO is, what does it do, what does it come from. As written in books, a STO (security token offering) is a type of public offering in which tokenized digital securities, known as security tokens, are sold in cryptocurrency exchanges, or security token exchanges.
How Genius Estates and STO’s can help you
In essence, in both categories, because if you think of having a passive income, means that you may also have an active income, which is not enough in your perspective. So, you always can do both, you don’t have to drop active income once you have a passive income, only if you feel like you got to a point where is enough.
Our idea is to give access to anyone to a passive income, easily. With Genius Estates you could invest in different assets like real estate and in the future, with the Marketplace Assets, in highways, art or even your favorite sports team. You can invest in our cryptocurrency and them use to participate in those projects.
You don’t need to have all the money for a real estate property, you can invest just the minimum and gain a part of a big project. Once invested in our projects you can earn quarterly or annually dividends, in form of money and Tokens, which you can further invest and rise your portfolio of assets and the passive income, at the same time.
So, what are you waiting for? Start investing now!