But how should a singer who produces an album, or an author who writes a book, or whatever be compensated? Its popularity isn’t really known until after it’s published, it’s not really fair for a damn good writer to get paid the same as someone who produces slop.
In most cases I agree with you, but what about a musician who makes passive income off of people streaming their music, or people who buy my fonts?
Why should you be paid in perpetuity for work you did once? I’d love it if someone paid me residules for the work I did today making widgets.
But how should a singer who produces an album, or an author who writes a book, or whatever be compensated? Its popularity isn’t really known until after it’s published, it’s not really fair for a damn good writer to get paid the same as someone who produces slop.
Not passive income, they did the work of creating the music or the font
Doesent all passive income require some upfront work outside of investing?
No, that’s what makes it passive. Having money isn’t a job, investing isn’t work it’s gambling and extremely rigged.
If you inherit/“born rich” I don’t think so…