April 11, 2021 Twitter/ChannelNewsAsia $5,000 a month in passive income is a dream for many Singaporeans. Here’s how you can build your own passive income portfolio today, so that you can sit back and relax in the years to come. Passive income is income you earn from doing close to nothing — hence the term passive. However, passive income doesn’t just fall into your lap. You have to set the wheels in motion first, in order to enjoy the fruits of your labour in the future years. But first, why do people want (or need) a passive income portfolio? With passive income, you no longer rely on your job for income. You work not because you need the money to get by, but because you want to. This also gives you the option of early retirement.