Slowly but surely I'm generating passive incoming doing a few different things. My next "investment" that I've been doing a lot of reading/research on is ATM machines. I plan on buying a couple of machines within the next 2-3 weeks and applying my business plan to get both machines into 2 locations with good traffic.
Anyone on Jow Forums own ATM machines?
Current passive income I have coming in:
-Soda Machines
-Buy/Sell on Ebay
-Youtube channel
-Affiliate marketing
Other urls found in this thread:
twitter.com
edge.network
twitter.com
>Anyone on Jow Forums own ATM machines?
inb4 someone answers "nah, but I install skimmers on them and make pretty decent money."
Just buy Chainlink you retard. Or buy 1 machine and put the money that you were going to out into a second machine and buy Link.
If you don't follow this advice check the price if Link in 2 years
I'm already holding LINK (top 500 wallet). I took out profits from LINK when it went to $4 and have money to play around with since I have no debt.
just dividend stocks/etf's yo.
I'm also holdings, but don't have a lot in dividend stocks. I'll definitely make time to look into it in September.
I'm also holding stocks*
Selling options.
Red pill me on affiliate marketing. I keep hearing that term but it sounds like a ponzi.
How do you trade options? I’m really interested in the VIX
I live off of referral commissions on prime-xbt.io
Read something recently that said people need to stop trying for passive income and work on active income. Basically passive income has low returns and for the rich and lazy.
all of us want enough money to be both rich and lazy, you retard.
that makes absolutely no sense.
poor wagie...
>-Buy/Sell on Ebay
>-Youtube channel
>-Affiliate marketing
Literally none of those are passive. Ebay is constant sourcing and packaging churn.
Youtube is anything but passive to make videos.
Aff Marketing - 2008 called, it's dead jim.
Keep up the ATM shit though that is passive.
I invest my money in the fucking stock market and make passive money off it, any other "passive strategy" is a fucking scam, or not really passive.
This
With the exception of getting incredibly lucky, this is the case
R
E
I
T
s
just buy SNTVT and let it sit. boom, passive income.
I want to be rich and lazy. Wagecucking sucks so bad and I don't plan on working for anyone else ever again (34 yo)
Thanks for the heads up. Looks interesting and this might be something I will put some money on. I'll need to look into more before I pull the trigger.
appreciate it.
I run a Minecraft server for passive income
I guarantee the person that wrote that is a Jew.
Neither are the soda machines or ATMs unless OP is hiring drivers to restock them. But then you are a managing people.
Truly passive income is index funds, bonds, reits etc
>June
At least update it every time you post this
Someone should make a forex general
You need a money transmitter license which costs several thousand and requires a several hundred thousand surety bond plus you need a KYC/Aml plan. Lower return on this than buying bonds
edge host onboarding started yesterday. Each host will give you around 20 dollars monthly income, so just install the software on a few PCs. Or alternatively go for the big boy machines and rent a stargate, which will get up to $5000 A MONTH! You'll need to have some money to stake though in this case.
There was a guy on here with a nice passive income of these, he bought a parkinglot near a campus or shoppingcenter and then put atm on the lot, so he had double income.
Pretty solid plan and only cost is the guy you put there for like 5 bucks an hour
Active is income is significantly riskier and requires more time and effort. Some people might like their current jobs or careers, and find that passive income is perfect for building wealth on the side. Not every person dreams of being an entrepreneur.
>what is minimum wage
>what is a money transmitters license
>what is a surety bond
Do your research little man
take etfs for diversification, and some nice dividend stocks, with good payout ratios, business models you like and a good payment history is almost alwas a good indicator
Whats the stake?
this, if you like your job and what you are doing, you can continue with it, maybe go part time, spend time more with frens, family and hobbys. If your active job is your only source of income, this creates dependicies
5000 EDGE for a host (around 150$). 500k for a stargate
I think depending on where you are the mafia controls the vending machine business. Might want to tread lightly and do some research.
>passive income
the meme only retards fall for
I can’t find the specs required for a stargate for does anyone have them please?
edge.network
They're specs are pretty high- that being said, the team will rent out some of the existing network backbone (stargates and gateways) to people who already have the stake requirements (500k edge for holders right now). The requirement will be pushed up to $100k for new investors once stargate onboarding is enabled, so if you actually plan on running one, it would be adviseable to accumulate the stake now.
Lmao at investing in a machine that is going obsolete
tezos tezos tezos
What are the server specs for each world?
How much do they cost each month?
What plugins/mods do you use?