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components of income include earned, investment, and income. Bnb XRP aave Bonk coinbase futures litecoin futures cardano futures

What are the components of income?

Components of income include earned income, investment income, and ____________________ income. Passive income = results from business activities in which you do not actively participate such as a limited partnership.

What are the three types of income?

But for the purposes of our discussion—and in the lives of most people—income tends to fall into three broad categories: earned income, investment income, and passive income. This is money you work for. It includes salary, hourly wages, tips, and sales commissions. Earned income is arguably the most straightforward of the three.

What are the different types of income streams?

Earned income includes wages, salary, tips and commissions. Passive or unearned income could come from rental properties, royalties and limited partnerships. Portfolio or investment income includes interest, dividends and capital gains on investments. Knowing about different income streams could help you plan for your future.

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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