Linear income Vs Residual income

1What is linear income?

Linear income also called active income is money you earn for your effort. In order words linear income is money you earn when you show up at work. Almost all employed or self-employed persons earn linear income. Employees of government, doctors, lawyers, artisans, teacher, franchise owners, etc., earn linear income. If they do not got to work or attend to their clients, they are not paid.
The benefit of earning money this way is that you earn money every month as long as you show up for work.

What is passive income?

Passive income is an income you receive on a regular basis, with little effort required to maintain it. Passive income, also known as residual income, is a stream of income that you can earn many times.
Here are several sources of passive income:
Royalty income: For example, singers are paid royalties every time their songs plays on radio or on television, regardless of how long ago they sang it?  This is a form of royalty income.
Dividends: Are money paid out by a corporation to its shareholder members.  You earn money because you are an owner of the company.
Rental income: You can also earn income when you invest in a property that you rented out to people.
Interest income: These are income you earn as Interests from savings and fixed deposits.
Website income: You can earn money from owning a business on the web.  Properly done a website will continue to earn you money regardless of the time of the day.  Your clients can buy your products and services online at any time because the whole transaction is automatic.
Network Marketing and Multilevel marketing: You can earn money from being an active member of one or many multilevel network marketing groups. Money is generated regardless of the time of the day. Your clients and network partners buy and service online which generates income for you.

Which is better linear Income or Passive Income?

So, would you rather earn linear income or passive income?  You decide!
As for me, I would rather earn passive income

It’s important to live and enjoy our very short and temporary time we have here on this precious Earth. There is nothing worse than working so hard 5 long days per/week for a long period of time, and in the end you don’t have the income needed once your hard working years is over.

passive-income-opportunities

peace

antony gomes

 

Thank God; good music is back!

One very good thing happened to me last month when I visited California. I got to watch CMA awards, which I would not have normally watched as I neither have a TV nor was I into country music. But I sure am glad I watched that show and I have become a fan of the new country music.

What I am mostly pleased about is not just the fact that the new country music is mostly like the 70s rock n roll music having some good guitar players, bassists, keyboardists and drummers, besides some awesome singers and songwriters. It is also not just about the songs like Tim McGraw’s ‘My Next Thirty Years’ which are positive and about working towards living a healthy life style. It is not even just about songs like Kacey Musgraves’ ‘Merry Go Round’ which is very thought provoking about the complacent lives people tend to live getting hooked on to one thing or another.

What I am mostly pleased about is the vibe of the music, the attitude of the people writing these songs and singing them. It is perfectly in alignment with the changing times and the new age that is upon us. What I am also pleased about is the simplicity of the artists who have great big messages for the masses. Mostly I am pleased about the fact that the coming decade will not only be dominated by Country music as mainstream music, but also the fact that we will be back in the days where we will have some great and awesome instrumentalists, and not just electronic music. What I am also mostly pleased about is that the era of electronic based, sex, anger, hatred and gang driven hip-hop music has come to an end and now all of us musicians can get back to playing and listening to some real good and positive music.

God bless the new country music.

peace

anthoniji

Yoga of Music

Tomorrow I am playing live with some good musicians at the halloween fest. It’s been a while since I have played live. I’ve been the studio for he last 1.5 years working on my first full length album. My first album, a collection of songs I wrote over a period of time, from the college days until now, is in its final few stages of production.

It feels good when we get to enjoy the fruit of our passion. For the many of us this feeling is the closest we’d be to enlightenment & sheer blissful joy.

For me music is the ultimate form of communication, a form of communication that has always existed, is existing now and will always exist in the nature and in the universe. Music is based on sound vibrations, the very same vibrations that has created this universe. In the beginning was the word, and the word is and shall be. In the India sub-continent music is considered the language of the gods.

Performing music or listening music and getting totally immersed in it is a form of yoga. The union of body, mind & spirit happens when one is immersed in the rhythmic and harmonized bond of the self with the vibrations of the music. This is a form of contact with ‘The Word’.

The only ingredient that sometimes makes music bitter is the lyrics. Words are powerful. Negative lyrics would be darkening.

I am excited to be performing live.