Passive income allows earning without active work but requires initial investment of time and money. Investing in assets like dividend stocks or rental properties can generate ongoing passive income.

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Vikki Velasquez is a researcher and writer who has managed, coordinated, and directed ...

Active investment management involves actively managing a portfolio of investments with the aim of achieving higher returns than a particular benchmark, such as the S&P 500 index. The portfolio ...