Generating passive income is typically a key objective of any investment plan. Active investors look for ways to put their money to work so that it earns interest and produces revenues. Even through the rough times of the recent recession, real estate was the option many exercised to achieve their passive income objectives.
An elderly California couple is slated to receive $1.17 million from Ameriprise Financial Services Inc. The money has been ordered paid by an arbitration panel of the Financial Industry Regulatory Authority -- Wall Street's self-funded regulatory body.