Passive Income - Something for Nothing?

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ostarella
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Re: Passive Income - Something for Nothing?

Postby ostarella » Wed Jun 13, 2018 7:38 am

I guess I got confused with the whole "buy something to resell it is bad" tone in the comments - and how that arose from passive income.
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noobienieuw
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Re: Passive Income - Something for Nothing?

Postby noobienieuw » Wed Jun 13, 2018 9:21 am

ostarella wrote:
> I guess I got confused with the whole "buy something to resell it is
> bad" tone in the comments - and how that arose from passive income.

Maybe I could have been clearer. The passive part was other people do the work and they resell it to people who are reselling it to keep generating income.
Often they buy the content dirt cheap on some work site and take low bidder. Quality is not the top priority.

As I noted more similar to the Amway model.

And as you noted not strictly a Ponzi scheme even if many people use that name carelessly.

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ostarella
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Re: Passive Income - Something for Nothing?

Postby ostarella » Wed Jun 13, 2018 11:44 am

Well, that kinda exemplifies two tenets of business: "Buy low, sell high" and caveat emptor.

I guess my feeling is that if there aren't actual fraudulent claims about a product/service being presented, both buyer and seller are making the decisions as far as what they're willing to settle for, both in quality and in price. JMO, but frankly, people tend to get scammed when their own greed leads them in.
"The trick of the fiction writer is the beautiful lie..." Thomas Fox Averill

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