PASSIVE INCOME

Reminder that living off passive income is the true definition of making it. No worries about if money is going to run out because it keeps coming out of thin air. Remember, it's a marathon, not a sprint. It'll take time to build it, but once the ball is rolling, it won't stop.


Here is my list of current and past methods I've used to gaining passive income.


>Monthly dividend stocks
I've been investing in a broad range of monthly dividend stocks for YEARS. I make about $1000 a month just for holding stock. People think you need at least $1,000,000 to live off dividends. I think that's bullshit. If you only invest in index funds, yes you need that much. But if you do your own research and seek out companies paying monthly dividends (even quarterly dividends are good), and pick the best ones, you can invest much less capital and still get amazing dividends. Reinvest those dividends and you'll be a NEET in no time.


>Class Action Lawsuits
I've been signing up for these for years. It's slow at first, but once you've signed up for hundreds of them, you'll be getting a check almost every other week it seems. I get checks ranging from $5 to $75. It's nice to open up the mail box and have a check made out to you. On average, I'd say I get about $45 a month from this.
topclassactions.com/lawsuit-settlements/open-lawsuit-settlements/


>Online surveys and games
I bullshit my way through these surveys and make a few bucks doing it. There are a few tricks that you can do to make the survey think you've completed it, and you just made 5 bucks in 30 seconds. You also get paid to play games. I prefer blackjack because you can just instantly lose and you get paid a penny per game. I make about $50 a month doing this.
cashcrate.com/180138

Attached: 1534654526846.png (416x360, 230K)

>eBay
Don't throw away your old pair of shoes, sell them on ebay. Same with you half used bottle of lube and your old pubic comb. People will buy it. I sell all my junk on ebay. I don't give a fuck what it is. I'll list it for dirt cheap prices just to get rid of it. Buyer pays shipping, of course. If I buy new speakers for my PC, I sell my old ones on ebay. I paid 10 bucks for my old speakers. They are 14 years old. I sold them for 5 bucks plus shipping. Shipping was 15 bucks. It actually cost me 3 to ship them. I PROFITED off old junk I didn't need. I make anywhere between $20 and $100 a month depending on how much shit I sell and if I'm getting rid of good junk or shit junk.


>Product albitrage
Buy shit in store and sell it online for a marked up price on ebay or amazon. People love to get fucked on prices. They will pay anything for anything. If it's listed in front of them, that's the first thing they will buy. The key is to have good titles on your listing, detailed description (rip it off the company website), make it look like you're a professional company my making your product listing page pretty and detailed. Try it. Go out and buy a lamp at target for 20 bucks. List it on amazon or ebay for 40 bucks. It will eventually sell. Once again, make buyer pay shipping.


>Loan sharking
Have reliable friends that are bad with money? Do they have habits you don't approve of but don't care because it's their life and they live it the way they want to? Loan them weekend money at high interest rates. I always loan 50-100 bucks to my friends who blew all their money last week at the black jack table. They pay me back 60-120 bucks.
>...but that ursury. It's illegal and immoral
Fuck you, it's passive income. I'm not a bank.

>Coin/change machine credit card rewards trick
This requires a little investigating. Find a store, mall, arcade, washiteria... that has a coin/change machine that accepts credit cards. Swipe your credit card (that has a cash back bonus per dollar) and pull out as much change as possible. Deposit coins into bank, pay credit card, reap benefits. The transaction should show up on your credit report as the business establishment, not a cash advance. This works good at arcades as it shows up as an arcade under "fun and entertainment" on my credit report. (Bonus for Discover card members that have quarterly bonuses for 'fun and entertainment' and get 5% cash back).


>Steal vending machine change
This is a little jewy, but it paid for my lunch for years when I was making just over minimum wage working as a hospital janitor.
Stuff napkins in the change return slot on vending machines and walk away, but monitor the machine. The change will drop, but will get stuck on top the napkin. People will check for their change, so stuff the napkin high (long fingers helps). They will give up and walk away. You swoop in, shove your fingers up like you do my mothers cunt, and let the quarters fall down. I stuffed a napkin in there at the begining of my shift and went back at the end of my shift to collect my earnings and there was $18 in quarters in there!

not sure if this is pasta or not, but it's a little too hasidic for me.

Not pasta.

I'm calling it Heim-Goldenstein Scheckel-Blat's guide to passive income.

In regards to the class action lawsuits, are the potential payments they offer a monthly thing or will I only receive a one time settlement of $8.10 from Dial in this instance?

1 time settlement.

But there are hundreds to sign up for and new ones pop up every week. Any that don't require proof, or aren't specific to previous employees, go for it.

You'll get the minimum, but fuck it.

There have been instances where I was able to show amazon receipts as proof of purchase and get the maximum refund.

>>Loan sharking
I did this before. I ended up getting cucked and losing money. Unless you're really intimidating, they won't pay you, and it will just end up ruining your friendship.

>>Passive income
>Lists 8 things
>7 of which are not passive

Only loan to reliable friends/coworkers. If they stiff you on $100 bucks, they never were your friend. Or it's better to know now they will fuck you over than later in a more dire situation.

Yes, you should be intimidating. Mentally and physically.

I never loan out more than $100.

Already do some of these but not to the point of that vending machine idea. But I went on that class action and a bunch require you to have proof of purchase/card info relevant to the case.

>inb4 someone here actually ate at Arby’s in the last 4 years and

I once got $150 from the ea sports ncaa class action
Another time 2 4pack redbulls

Top kek this is high class nig shit I like it

>not being a landlord

come on

What monthly dividend stocks do you hold?

GOOD
GAIN

how much would one need to put in a month for these to get a decent amount of money? right now i put away $500 into $SWPPX because i fell for the compound interest meme that will supposedly make me a millionaire at like 55 or some shit. Do you put in a set amount of small-ish amount of money into them each month or buy a fuckton of them in a dip?

I don't think you understand what PASSIVE income is. Have fun convincing yourself that you're wealthy when you're jewing around in vending machines literally stealing like some 3rd worlder

that requires a lot of money up front. I guess you could save for it....

SCM
GAIN
MAIN
HRZN
CPTA
PSEC
F
T
ORC
NYMT
CJREF
SJR
SJT
AGNC
LOAN
MAIN
APLE
O
CTL
HCAP

VOO would be a better fund.

I started out picking the stocks I listed and buying $200 worth at a time.

I don't do it any more. I have a better job now. Just passing on information that helped me.

also, i do watch stocks and "study" them before I buy. I look at dividend %, PE, PPS, 52W High and low, all that shit. read the news, etc. Etrade has good information. I use that.

I've bought and held these stocks for so long I do buy "dips". Some I get lucky, some I just know.

or get into a bio company early that makes it. then wait for the eventual buyout offer. EX: AMRN - shares are dirt cheap with lots of upside. drug info is golden, just waiting for fucking FDA to green light. Target price is listed at least 30. A buyout would double that, so $60 per. Trading now at $17 - 18 range. So buy now; double or make about 3 times your investment at the end. Then you can take that profit and dump it into a high divvy stock or etf fund for even more profit long term.

Sometimes you can get lucky with spinoffs. GE is cheap. But the real profit comes with the upcoming spinoffs. Can sell or keep them. I'll make enough from the Wabtech deal alone to cover my whole investment in GE. Same with the Dis - Fox deal. Or get in with a company that makes it and hold on to the stock as the price goes sky high over time.

Is there anything stopping you from signing up multiple times for these class action lawsuits?

i have no idea how the funds get to you, but if you're required to use your real name and the funds are linked to your bank account, the feds will eventually get you and punish you for lying about the suits. not worth the risk at all, especially for 10 bucks a month tops

Bought in GE at $7.45 a few weeks ago. I got in Ford during the 2008-2009 crash.

I would assume they keep record of names and addresses they send checks to. It is a legal case, after all.

re classaction
and online surveys
youre committing a huge chunk of time to something thats not worth the hassle

you'd have been better off starting a blog

But wouldnt it look suspicious too if you sign up for all of these class action with your real info even if they dont require proof

None of those are passive income except dividends.

>they don't require proof
look suspicious to who?

I don't actually do the surveys

How much total were you making off dividends per month?

Nvm saw that it was 1K. Suppose I wanted to make 5K a month off dividends, roughly how much money would I need to invest?

The highest you can get off of them is 10-12% annually so youd need like 600k