Recurrent passive income refers to a source of income that does not require extra efforts, such as renting out real estate, dividends, debt interest, royalties, etc. These incomes do not need personal dynamic participation, but only need to make some investment or creation, so you can get additional income by passively obtaining income.

If you want to get passive income, you must first own some profitable assets, such as real estate, stocks and funds. Then, we can make investment through leasing and dividends to obtain stable passive income. In terms of starting a business, you can also authorize your own brand or business to the outside through franchising and authorized joining, and get a fixed franchise or brand use fee.

Passive income can create extra wealth for individuals and reduce personal risks. At the same time, passive income has the characteristics of stability and predictability, which can create enough wealth for individuals and reduce personal financial pressure. However, passive income also needs some investment and management, and it will also have an impact if the individual's market perception or economic environment changes. Therefore, individuals need to seriously consider the investment target and investment opportunity, and make timely management and adjustment in order to achieve long-term stable passive income.