Passive Income General

Not sure where you got that from. If you're working hard scamming people, that's definitely not passive and it's unethical.

I guess i'm okay with this thread, but wouldn't it be better on Jow Forums...?

I've found that Jow Forums is only interested in crypto. Passive income is a NEET-oriented discussion, so that's why I come here.

Have had a few good threads in the past, just trying to spread the word.

I'm a neet and I get 2200 a month. But then again I got a pension from the military. Honestly if your gonna work for pay its the best deal. AMA.

>buy dips in market
>adds extra 2-3% to the 8% annual average even if you're just a lazy indexnigger
Only problem is you need the capital to begin with.
/smg/ you hypernigger

How did you end up with this? Most people who leave the military don't end up with a pension just like that. Did you step on a landmine or something?

I run over 50 TF2 and Dota 2 trading bots that are milking the economy.
I am responsible for the ebbs and flows of key prices and partly responsible for it's rise from 2.33 ref to over 33 ref.
I used to do the same with CS:GO until Valve all but stopped it.
I make 400-800GBP pure profit every other day.

based, how long did this take to set up?

The longest part was writing the code for the individual bots and making accounts to run them 24/7.
My Dota ones are quite simple, but my TF2 ones read variables such as item paint colours, craft numbers, if the item is spelled or if it was made by a "popular" or "famous" user.
I once sold a Bolgan (Demoman hat) crafted by Geel (Jew who made scrap.tf and bought backpack.tf) for over 25 keys. Thus making 32.77 GBP off an item worth only 0.05GBP.

Easy passive income doesn't exist unless you have wealthy parents and a large trust fund from them lol.

Easy money doesn't exist unless you take all-in on blackjack level of risk on crytpo, an actual casino, or volatile stocks. Considering you probably spend years earning that money, it's incredibly stupid to gamble like that.

The only way to enjoy PI safely is to just save your money and earn peasant interest until retire. Only way to accumulate wealth is through generations, probably 1 in 100k people ever truly become "rich" starting from poverty.

No one is saying it's easy, it does take some work. But it definitely exists.

Thoughts on VTSAX. Planning to invest in it once I get a job at year's end.

Its all a big gamble really, plus it makes for quite a bit of lulz whenever some Jow Forumsfags go broke from shelling out their life savings on whatever memecoin just came out.

I've been putting cash into VSTAX for quite a few years already, it's a solid investment. But just realize that from a cashflow perspective, it's poor because it's focused on equity growth. The dividends are usually only a bit over 1%.

At moderate risk stocks with 100k you'd maybe be seeing 10k-12k before taxes. But how long can this type of luck last and at what cost? If you are earning 30k a year, save 10k a year (unbelievable high margin of savings), wait 10 years, then invest 100k and lose you're out years of savings. Not to mention that 10-12k a year is poverty as well.

My advice is if you earn under 100k/yr by working then don't bother with PI. Invest in yourself so you can earn more by working. No PI will ever outpace simply being productive and efficient as a worker. To me this includes owning your own business (successfully) first you must invest in learning these skills at the cost of time.

Planning to put money into it and get to a number high enough where my safe withdraw rate will be enough to live off. Gonna try and use it as neetbux.

>save 10k a year (unbelievable high margin of savings)
wut? My rent is skyhigh and I have huge student loan repayments, I still would save 10k a year on my current entry level salary (40k).
What do you do, eat steak and lobster every night and snort coke?

I'd say you can do both. Even something simple like VTSAX or the 500 gives a stable 7%-ish growth, you'll never really be wiped out if you go with that.

Yep, that's a good way of getting NEETbux. I've got my NEETbux coming off of rental properties, but I'm doing the S&P index fund to "pay off" my mortgage. Once I've got a savings equal to my mortgage, I'm going NEET again, perhaps for years at that point.

That's great you are in RE. I have thought a lot about it and read some books and listened to many a podcast on it but it's extremely intimidating still so I don't think I'm gonna go for it. I'm planning to live off a small amount of passive income so any major sudden expenses would be a big problem.

I plan to invest in VTSAX...but should I bother with VTIAX?

>living on passive income
That was my goal at first, but I figured out that working part time as stage one of early retirement is superior. Or a 6 months on, 6 months off work schedule.
You can reach full retirement in 10 years of work, wageslaving 40+ hours a week plus side ventures while living like a miser.
You can reach partial retirement in 2-3 years of fulltime work. I found I don't actually mind part time or seasonal work, that's it's a nice change of pace. You can also use jobs to get free housing or a visa to another country, so they're not actually all that bad. Even if you "retire" with like 30k annual safe withdrawal, you can't live well on that unless you go to memeland countries. I think it's overrated.

Planning to live off 9k a year desu

Yep, there's a lot of moving pieces and you really have to know what you're getting into. It's been very good to me, but it's by far not the only game in town. You may even consider one of the Vanguard REIT funds, I saw a simple breakdown of the returns on it, it looks solid. Plus, it's liquid so, like you said, if a big expense came up, you could get the money out. It's harder to do that with hard assets like rentals. This is another reason why I'm starting to do the V500.

I'm not sure, honestly. I have friends who did very well in emerging markets, but again, only because they knew what they were getting into. You can potentially go NEET on just VTSAX alone, millions have done it.

I was thinking 80% in VTSAX, 20% in VBTLX...sound reasonable?

I tried to read about REITs but could see much info. It seems like most of them require you to have a huge net worth before they let you invest

I recommend against it.
>could buy houses to rent out
>could be at 100% risk
>could have do deal with crazy tenants, neighborhood demographics changes, area economic changes, property taxes, maintenance, and complex tax returns
>takes 2 years to sell, terrible process, buying is just as complex, stressful, expensive, and awful
>need like 100k up front
>or I could buy a REIT and get most/all the benefit with little to no risk, for whatever amount I want, and buy and sell with a swipe on my phone
Hmm.

In 6 months i will have enough money to put a downpayment on a 5-plex.
Does anyone have expereince to make this transaction as smooth as possible.

Oh, is that so? I was thinking they worked like an ETF. Maybe I'm incorrect.

Not him but that's what a guy I read named jl Colin's recommends once you wanna retire early and iirc buffet recommend to average investors. Apparently it is supposed to "smooth out" the volatility of VTSAX.

what about stock dividends?

>I recommend against it.
Why so?

>being against real estate
>being this much of a cuck

I'm so ignorant on it and know nothing about REITs with vanguard. I was looking at some like fundrise and some of it's alts but they all required whatever you invest with them to be a small fraction like 10% or less of your net worth.

Not him but the biggest reason RE scares me is just having lots of shit break with the unit and contractors fucking you and shitty tenants or perhaps by biggest fear, getting sued.

what do you guys think of building instagram pages and doing affiliate stuff/shoutouts once you reach enough followers? I've also dabbled in print on demand but after two different tries I gave up, there's a myriad of things that can go wrong and it's quite expensive

I'm also riding this bull market, but can't contribute quite well enough. I cut a decent chunk out of my paycheck and put it into the portfolio, but I wish I could do more

This original guy originally gets it my originigger

how many Good Boy Points do you need for a tendie though?

>>buy dips in market
The problem is that you don't know if it's something that's on it's way further down though

Again, I can't recommend either way, but what says is true. There's an economist called Wade Pfau who did a study on a stock-only portfolio and he claims that success rates can be improved with an addition of non-stock assets like annuities, rentals, etc. I know that the international stuff is still stocks, but a smoothing effect could be good even in the short-term. If you've ever lost your job, you'll be acutely aware of your portfolio's performance, LOL.

It looks like the various Vanguard REIT funds have similar minimums to the others, $3k for the entry level and $10k for the Admiral:

early-retirement.org/forums/f28/whats-the-difference-between-these-three-vanguard-reits-62368.html

So, a 5-plex is a world of difference from a 4-plex in terms of loans. A 4 unit is still considered conventional residential financing, but as soon as you go past that, you're in commercial financing territory and the rules are a lot different. Not to say that's bad, but I wouldn't do any more than a 4 as my first deal.

Good thread, btw, gentlemen. I'm seeing some quality stuff here.

I know a lot of guys in real estate and not a single one without a bank breaking horror story. Fuck you bro I'll take my easy no-fuss gainz with digital funds.
>wanting to rennovate apartments for your shekels
May as well go be a construction worker.
At 9k/year you're very limited on what countries you can survive in, and any real expenses like traveling or healthcare will kill you. I hope that 9k isn't your only income.

>not doing 90-page CFA-style equity reports on each and every stock you plan on buying in

the shiggiest

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is investing in stocks a meme or does it work?

it's a meme if you read a couple meme books like rich dad poor dad and jump in headfirst with your entire savings

>being unable to afford 3k
Buy at bottom. I'm an index nigger primarily, shit always goes up over the long run. BUT there are dips along the way. I'm looking at 5-10 year terms, not 5-10 days like day/intermediate traders.
>but what if 2008 happens again
hodl 2 years and it'll be higher than it was before the dip. idgaf.
>what if the great depression happens again
Again, just hodl, idgaf. I'll move to another cunt, earn in their money, and buy the dip. Unless you think the entire united states is going to dissolve for good, there's no downside. It's more of a savings account than a passive income stream though. 7% ain't shit.

I was planning on 9k to be it. Also I live in the Midwest of the US and should have a house paid off and health insurance is calculated in. It assumes premiums of about 300 a month for one person. I'd likely use obamacare plans.

Invest in REITs

Regarding REITs I meant that the buy in, at least for the other funds, required that whatever you spend be less than 10% of your net worth. So if you wanted to invest 100k in the reit you had to be worth over a million. At least that was the case with fundrise and it's various alts.

as a hobby, yes it's a meme
just put your money in bonds and index funds and call it a day

well i know that you shouldnt commit fully when it comes to your money anyways.

is getting started on investing in an index fund a good idea?

Congrats. You've come full circle. Ready for another lap? This ride never ends.

>I plan to be a poorfag nigger the rest of my life unable to afford absolutely anything but bare sustenance
I recommend against it. You don't need to take my advice, but go look at old retired people with a paid off house who live on social security gibs and ask if they're happy.
Also my mom is a poorfag and her premiums are like 600 a month. You're also not factoring in inflation.
>obamacare
Bro. Trump is trying to kill that program. You're banking your life on a very thin margin of error. Just go read some financial lit before you go balls deep on that or you will come to regret it. Ruin your life if you please, ultimately I don't care.

You can buy O and CPLG on the NYSE. They're REITs and you just buy it like any other stock

I see. Yes, I've looked into fundrise and while I don't think it's a scam, it's definitely not traditional RE investing so that's why they have that limit on it. And reading other people's personal experiences have kind of soured me on it - when it's time to exit, I've been told that there are a lot of fees they spring on you. To start things off, I'd say you'd do better with one of the REITs mentioned.

look up leveraged ETFs

we should definitely have this thread once in a while here
Jow Forums is insufferable, all they care about is their meme shit

I've read about every possible source of passive income and concluded I can't do any of them.

I am fine with living poorfag life. I need very little. I'd also be surprised if premiums jumped over like 400 a month for one person. If they got too high the great majority of the American public wouldn't be able to afford it. Inflation is taken into account as well as the 4 percent rule accounts for it.

>CPLG
>hotels
>in the age of the hostel and airbnb
Hint: there's a reason it's been red since introduction. looks like there are better real estate ETFs out there.

My dream was to build a bunch of websites that generate passive income, but with the rise of AdBlock and my personal lack of discipline, it doesn't seem to be going anywhere.

What do I do now?

i have 20k invested in vanguard etfs and it doesnt make shit. im about ready to pull that and my coins and put 30k into robinhood and day trade based off -/+ 1% patterns on most stocks.

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The secret about passive income is it starts as active income 100% of the time.
I've been doing affiliate marketing for a long time. Almost ten years. It's good enough for me. Mostly passive, don't have to deal with customers or anything.
You're just making excuses.
The same 'adblockers are everywhere' thing has been repeated for over 5 years by procrastinators. There's so much you can sell on a website that doesn't even rely on the types of ads that adblockers block too.

do you use clickbank or do your own sites? what is your niche? don't have go too much into detail, just asking generally

etfs are intergenerational wealth, or that's just how I look at things, just put it aside for your kids' sake

Bah, AirBNB isn't a hotel-killer like Uber is for taxis.

Yep, this is why I started it. It's kind of an under-the-radar way to discuss it without crypto memery.

Swing trading is the SHIT
When oil spiked back in april I got 3k in two days off $10k, it was amazing

I lend bitcoin to margin traders
I make about $25 a day right now but sometimes it's over $100 a day in pure profit that compounds and I lend out the next day
I have a bot doing all the offers 24/7 so I don't need to ever think about it

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It's no better than playing blackjack at Caesar's

i don't use clickbank anymore. i used to when i was early in my career. it's a good site.
i promote mainly video game niche & adult dating niche. generally i buy a domain then just redirect to an offer or set up a quick landing page that funnels into an offer.

i'll give you an easy method that works. join chaturbate affiliate program. build a white label site. buy a domain and link it to your chaturbate affiliate white label site. now spam porn tubes with "i saw her on www.your-site.com".
do revshare program instead of the $1 free signup. if you catch any whales, they will buy $100+ worth of tokens every few weeks.

How much BTC bankroll do you have for this? What's the bot called? How do I get started for something like this? Just curious.

thanks for the info, I'll definitely try something along those lines
what do you think about the statement that health, wealth and relationships are a bottomless well when it comes to market size?

it's true.
they're the 3 biggest niches in terms of traffic volume in affiliate marketing.
you can divide them a long way down
ex. health can go into mens health-> prostate health/gain muscle/penis erection medicine, etc

Sorry was busy for a while.

No I just did 20 years. Honestly the first 10 years sucked but after that it was actually fun.

What is your opinion on the south sea bubble?

How is it not?
>app
>easy to use, I've gotten same day reservations on airbnb
>any asshole can put their spare bedroom up just like any asshole can drive a car
>cost like 20-30% of what a hotel does
>normies are finding out about it
>global
I can pay $150 for a hotel or pay $25 for a private bedroom in some guy's house in the same area of the same city. Golly gee what will I pick? Hell, I like airbnb BETTER than hotels. Do hotels have a phone app? No, they don't.

I put 50 coins and made .11 in 25 days
rates are really low right now, should be 3x-5x these returns but the alts a bleeding and not many people want to margin trade them
I use polobot it's a flat fee of $100 for 2 years
every else is set the only way it fails is if poloniex gets hacked or if there's some critical flaw in bitcoin
other than that I'm happy making money with bitcoin that I can buy stupid stuff off amazon with or let it compound and grow

Businesses use hotels, not fucking AirBnBs. Businesses spend a lot more money than normal people, and they do so specifically for the "hotel experience". Also, old people.

Old people are dying and so is business travel. Jobs now don't even pay benefits if they can help it, you think we're gonna see as many people traveling for business as we did in previous decades? No, we won't, it's all skype in the future. Businesses are fucking jews. They're not gonna ship 10 niggers out like they did, now maybe they send the big boys out as a job perk but the middle guy, the lower guy? Joke?
I work in accounting and used to work in hotels, I know what I'm talking about. Go talk to someone who worked in the same hotel 5-10 years and ask them if business is up or down.
Within 20 years every major hotel chain will be out of business or turned into some sort of meme housing like micro apartments.

yeah stock trading is much like gambling but anyone with enough brain cells can easily gauge value of public companies. so, then you have confidence in their future. only buy into those ones, duh!

50 btc (320k usd) to make $25-100 per day? wow. why not swing trade 1-5 min candles instead. i have a friend with around same 50 btc bankroll and he makes 10k a week doing that. 1 or 2 fast trades a day is all it takes. seen lots of rich guys on Jow Forums doing this too.

What is your situation? Maybe we can find something. Any savings or income?

0 risk
swing traders get btfo all the time especially in the markets right now

You don't know when the bottom is. Did you mean buying a stock or an index fund at the dip? If you try to buy an index fund at a dip then you might just as well lose gains from waiting for a dip to buy instead of buying when you have the money.

plus this thread is about passive income
In crypto right now the best passive income is lending to margin traders
in the future you'll be able to make passive by operating a node and routing 2nd layer transactions
I think there will be coinjoin/joinmarket wallets that need collateral to mix coins for people and that would be another way to make small percentages with 0 risk

but of course I'm talking about doing this all on BTC which has the biggest market best security and highest liquidity
there's more risky options but I'm not interested right now in a bear market

Ive bought over 300k in real estate without using any of my money. Bullshit you need 100k.

a good thread op

salient points raised that i'll be taking away from it

>low cost global index trackers are the best long term investment option for most investors
>REITs are better for most property investors due to better liquidity and diversification compared to the counterparty and other risks of being a landlord
>if you're starting out invest in yourself/start a business/and get a high income before focusing on passive income

wtf just live on welfare

>Old people are dying and so is business travel.
Don't be silly. Teleconferencing is possible for white collar folks, but when you've got a crew working on the railroad (all the livelong days), they've got to sleep somewhere.

>index funds
index funds are stocks though...