Passive income is a type of income that requires little to no ongoing effort to earn and maintain. Unlike earned income, where you trade time for money through active work, passive income allows you to make money while you sleep. This type of income can come from various sourc...

1. Active investing involves a hands-on approach by the fund manager, whereas passive investing is passive fund management. 2. The goal of active fund management is to beat the benchmark and take full advantage of the short-term price fluctuations. In contrast, the goal of pas...