Jack wants to earn some extra income. His friends suggest that he invest in bonds and stocks. What type of income will James earn from investing in bonds and stocks? earned income

passive income

portfolio income

business income

The correct answer is:

passive income

Explanation:

Passive income involves making an initial investment, both putting up money and doing research into the types of investments you want to make. After this, you earn income without having to make any effort.

I think the correct answer from the choices listed above is the second option. The type of income will James earn from investing in bonds and stocks would be passive income. Hope this answers the question. Have a nice day. Feel free to ask more questions.