How do you gain income besides slaving a full time job?
Obviously the possibilities are endless, but not everything is reasonable (for me). And I also only have like €5k, maybe max €10-15k to play with, if I would be investing it. I am about to finish my masters, I am without a job and experience.
>MakerDAO & Compound.finance I don't trust this (yet). With compound.finance you're basically trusting the team not to exit scam you. And with Maker you can also get fucked over. Besides, stability fee is 14.5%, liquidation fee 13% and borrow APR 15.5%..
>Buying property with a mortgage to rent out Market seems a bit saturated here, lots of regulation and no stable income for (decent) mortgage.
>E-commerce & dropshipping Doing this on the side seems like a possibility. But ads cost a fortune?
>Setting up my own business I studied law, so I could become an entrepreneur in that field. I'd have to pick up some experience first though. Work a few years to build up experience and connections, then start myself. But then I wouldn't be slaving a full time job, but slaving my own business..
>Old/rare comic books I have quite a few, finishing my last collection and then quitting collecting them.
>Setting up a crypto/blockchain shop Rent a (small) place in a big city, sell crypto related books/merch/anything? Build a community, have people give speeches/lectures/whatever. Make people meet each other. Not sure how profitable it would be though.
Are there things I'm overlooking that I could be doing? Maybe doing something for a good cause which people give a lot of money to then taking a big chunk of that for yourself?
What are some good long term investments when I reach the right age and bankroll? Like solar panels, stocks..
Not really in need of any income right now. Like I said, finishing my studies. And I'm not gonna slave in a cafe or stupid shit like that. So what job would you suggest in the mean time?
Not really, got it from my grandpa and dad. But I've grown out of it. They're really good investments, better than gold.
Robert Hill
buy chainlink and stake them, be happy I told you about it. Do your own research about it, believe nobody on this mongolian basket weaving forum.
Xavier Collins
dropshipping sucks dont do it
Ethan Morales
Standard path to internet money: >Build website >Create traffic, because website is awesome or attention-getting >Monetize traffic
>Easy monetization, little money: adsense >Medium difficulty monetization, medium money: amazon affiliates >Hard monetization, good money: sell your own product
The hard part is figuring out how to build a good website. Or an attention-getting website.
To answer your questions: >Like solar panels Usually a bad investment, even with tax incentives. They break more often than people admit, and usually only pay for themselves with generous assumptions about energy usage and reliability.
>stocks Read "Stocks for the Long Run". Buy index funds. Long-term, you'll probably get a return of inflation, plus 3%-8%.
So stocks are always worse than a good business idea, but usually better than other types of investment (real estate, bonds, etc).
>Rent a (small) place in a big city, sell crypto related books/merch/anything? Build a community, have people give speeches/lectures/whatever. Make people meet each other. Not sure how profitable it would be though. You won't sell very much merch, or very many lectures. People can get those online. You won't cover rent. There is a reason these things don't exist.
Here's a better idea. Buy/sell on localbitcoins. Or pic related.
