Perhaps the best takeaway from this article is how poorly you can write and still have lots of follwers on Medium. What does the line:

"He only lost all his saved money but also had a family property of his worth $50k."

Even mean?

Also:

a) This isn't a 'passive income' strategy. Please research (hey, maybe you can crank out another story!) what passive income actually is

b) In what fantasy world can a young web developer earning $50k/yr save $200k?

c) "But like most bright people, he was lazy"...ummm...

d) FYI, you say you like passive income (see point a above) and that is why you write. Writing is not passive income either!