Passive Income Tip:
IRS defines passive income as only coming from two sources, or "passive activities": rental activity or "trade or business activities in which you do not materially participate." Other financial and government institutions also recognize it as an income obtained as a result of capital growth or in relation to negative gearing . Passive income is usually taxable Active income is earned income including all taxable income and wages the earner receives for working. Active income includes wages, self-employment income, and material participation in an S corporation or partnership. (en.wikipedia.org)
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0:00 INTRO
2:34 Stock Market UPDATE
6:38 PICK #1 (U.S. Pick)
11:18 PICK#2 (Canadian Pick)
14:51 PICK#3 (Canadian Pick)
18:24 OUTRO
GOF:
https://www.guggenheiminvestments.com/cef/fund/gof
GDV:
https://www.bromptongroup.com/product/global-dividend-growth-split-corp/
HDIV:
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