1.   And they also tend to have fewer tax issues, while affluent people have more partnerships, passive investments and business expenses to deal with.

2.   Armey would not tax profits made on capital investments or other passive investments.

3.   Bank of New York insisted it wanted the shares as a passive investment, convincing absolutely no one.

4.   But critics say there is a big difference between passive investment income and an ongoing financial arrangement with a private company that does not disclose its clients.

5.   But REITs generally are limited to owning passive investments in real estate and certain securities.

6.   Combined with its lower costs and tax consequences, index proponents say, the passive investment strategy has the active one beaten hands down.

7.   Despite recent successes by portfolio managers, passive investment continues to grow.

8.   Executives said their focus had switched from passive investments to exciting road and power projects in China with the promise of fat returns.

9.   Merrill has a passive investment in Bloomberg L.P., the parent of Bloomberg News.

10.   Merrill has a passive investment in Bloomberg LP, the parent of Bloomberg News.