By Kenny Rose
Investors have coveted passive income streams since the early days of the COVID lockdown, when we were all sitting around on our laptops, figuring we might as well make a few extra bucks. Its popularity shows no sign of waning—not with inflation surging and eggs at $5 a dozen.The pursuit of passive income ignites young and old investors alike. In a recent survey of 1,000 U.S. investors with at least $10K in assets, the State of Alternative Assets report, respondents across age demographics ranked it as a top 2023 priority. But while passive income is a common goal, there’s an increasingly clear divide in how generations understand and earn passive income. Gen Z and Millennials see it as a dependable stream of income outside their main paycheck and seek it via crypto and side hustles. Gen X and Boomers take the set-it-and-forget-it approach, and look for passive income via capital appreciation.
