Passive Income

literally the most autistic reason of getting upset about ive seen to this day

found the liberal retard virgin basedboy incel neet democrat

OP here, you are all pathetic. passive income in the likes of "how to get rich in 5 steps" is a meme obviously but having a software eng. background leaves you with so many possibilities. you are either too lazy, uncreative or too unexperienced to realize this.

think about the likes of algorithmic trading, arbitrage algorithms etc. but i am keen to be getting introduced to new ways i havent considered yet

what are you triggered about? you aren't going to make it being that sensitive boy.

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this

get a better job

Shit ton of illegal ways, legal ones you may need to work hard for, but experiences vary

>think about the likes of algorithmic trading, arbitrage algorithms etc.
if you had any idea what you were talking about then
a) you would already be trying to do it
b) would know that all of the investment banks have been doing it for decades and will beat you at this game if you try

i already made it my nigga, now i spend my days talking shit on my favorite gaming subreddit: Jow Forums

a) i am already doing it
b) you don't have to be the ultimate 'winner' here, you either make greater returns than S&P 500 or you don't.
and that is definitely possible.

Bruh that shit was locked down by the big firms over 30 years ago.
You could make some sort of thing and then sell it and get paid royalties for a long time if you make a really good thing.

A realistic path is to get a good job, use that money to buy a small apartment building in a good area, and go from there building your real estate empire. Owning land has been what's always separated the haves and the have-nots.

The only non-meme answer to this question is land and capital you invest.

>create a few linux themes
>upload them to a website like gnome-look.org or store.kde.org
>never touch them again
>just by people clicking on them gives you a monthly income
later poorfags

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Based

i mean i gotta love the hustle but

>5 bucks per month earnings

János bazdmeg, ha nem adod vissza a fűnyírómat akkor megbaszlak az anyád hátán.

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she's literally doing softcore porn

Just make the next flappy bird bro, not that hard

you'll be first in line

>you are either too lazy, uncreative or too unexperienced to realize this.
Rich coming from a guy asking about how to make passive income

For a third world person, that's enough to live by/pay rent.

Oh wow, so hard spending a few mins a day to whorepost on instagram. The horror

i know my ways of generating some passive income. was looking to be introduced to new opportunities, but all this board offers is shitposts and edgy incels

user, I'm serious: Make a good game/app that normies flock to, start adding paywalls or whatever. Then create completely free competitors/reskins for your app, dump in ads, bam, profit.

Then what are they? Why would we tell you if you won't tell us, Mr. Moneybags?

I'm no one to judge how hard her job is, I just know people pay her for being a slut.

Write some software.
Sell it.
That's it.

>pulling the ole “Well YOU guys are missing out now that you made me mad!”

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not too bad of an idea, although it's high risk (and high reward). the chances of an app picking up as rapidly as flappy bird did are very slim nowadays and the demands of users as high as they've never been before. meaning you'd need to invest quite a bit of time to develop something solid.

i already did you moron

that is not passive income dumbass. if you are actively working then it is not passive.

Please explain to me what is wrong with dividends so I can laugh at you

nothing, i replied to the wrong person

Kek, dumb biz poster

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>What are the best ways to generate a passive income for a software engineer?

How is this even a question? By making and selling software of course.

calling someone out and not providing any arguments

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>i know my ways of generating some passive income. was looking to be introduced to new opportunities, but all this board offers is shitposts and edgy incels
You first

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Good carry on then fren. The dividend chads will let this slide

Maybe it isn't passive income in the strictest sense of the definition, but it's close. Most of patreon is. Passive income is generally accepted to mean an income with MINIMAL effort. Posting one slutty video or picture of yourself every week for money would fit that definition.

But his thread is kind of stupid though since basically sums up all the ways to make income as a software engineer. You find needs and write code for them. The only other opportunities for passive income are to write educational books/tutorials/videos. But I doubt that's worth the initial time investment.

i already did, you pretentious brainlet

In addition to taking the 30+ minutes to put the post on instagram/patreon, she has to do up all the cosplays, respond to all of her beta orbiters, do all the legwork in taking the photos/videos, then editing them so they come out well, etc.

It's a job. A ridiculous, and extremely high paying job for the effort put in, but it's not passive. I'm skeptical of that $154k/month figure, because that would mean that each subscriber pays an average of $65. I'm sure there are some "whales" that pay thousands, but the rule of thumb with online subscriptions is that 95% of your users are going to be at the very bottom of the revenue ladder.

Keep in mind that it's also a literal moonshot in being able to land something like that. You have to *win* the genetic lottery, and then have the right combination of skill and luck to blow up. All that, and her popularity probably won't last more than a few years.

have sex

Become a bloodsucking landlord

Literally nothing easier than renting a 1 bedroom for $1600 without any utilities

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I would say that the amount of time invested probably makes her e-slut enterprise a part time job.
A side hustle that pays more than any day job would.

You probably have better odds at winning the mega millions lottery than winning the genetic lottery like her, though.

1 bedroom for 1600? What the fuck, where does that shit happen?

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>having a software eng. background leaves you with so many possibilities
It really fucking doesnt
Maybe 15 years ago in the wild west of the internet
now you either work for someone else or start your own business, just like any other field
"passive income" is a meme codeword bloggers used for ad revenue

I'm US military stationed in England, and the military pays our rent (up to a certain point). The thing is, they pay only the amount on your lease, so nobody cares how much their apartment actually costs since they don't get to keep the extra money anyways.

It's disgusting. Rent prices around the base are ridiculously inflated. A small apartment in some rural bumpkin town is going for $1300. Larger units are going for even more, since married airmen get a higher rental cap.

My landlords are some random brits who live an hour away, and they rake in $1350 a month literally just because their name is on the deed. They've never lived here, never done a lick of work to the place, add absolutely no value to the economy.

The best part is that the government saves absolutely no money, because any savings they would have made by not letting you keep the extra are WIPED OUT by the housing office that checks your lease. It employs 25+ people and takes up a huge office suite.

literally everywhere you fucking retard, have you ever actually rented?

Anywhere within 80 miles of a metro area with decent infrastructure

I live 75 miles north of NYC and rentseekers have made it a minimum of $1200 for a one bedroom within 20 miles of a train station.

If you got across the Hudson then prices are a bit more reasonable, but you're not finding anything that includes utilities.

I bought a 2 bedroom condo that's 1100 sqft and the cocksucker that was renting it before was charging $1900 for something that costs an average of $600 a month without a mortgage payment.

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Just the meme cities like SF and NYC.
Even Denver has an average 1BR rent of about $1k.

It's only a matter of time

I know in Australia more people are buying their 7th or 8th home than their 1st. Which totally isn't indicative of a bubble

>chinese people buy real estate in usa
>no matter how bad it gets there are billions of chinese bidding each other for the units
>they literally do not care if they lose money it is the only "real thing" they are allowed to invest in
>chinese gov't bans most other investments
>all "chinese stock markets" and "chinese real estate" are obviously manipulated with heavy corruption
>americans are fine with this cuckery and will just work harder extracting money from the internet to pay ridiculous rent
>everything gets worse and you have to pay for things on your computer that should be free

I would say that twitch/insta thots definitely put in a few hours a day. Even if you think streaming video games in a low-cut top or posting lewd pics of yourself online is an easy job (and I would agree with you), it definitely not something you would spend just a few minutes a week on.

writing software is a better example of passive income. while the initial time spent is definitely not passive, you can eventually make it passive. for example, I write websites on the side and charge a small fee to essentially just read log files and make minor changes/updates.

>making bank working remotely
>live in the middle of nowhere
>$1600 a month would get me a very nice 3 bedroom apartment or even a whole house with a yard
>don't even pay half that though since I don't need all that space

Oh you have no idea how hard the thought of another housing crash makes me.
The thought of all those San Francisco "not in my back yard" anti-affordable housing types going $100k+ underwater on their loans is amazing.

>$5 a month
>enough to pay rent
Do you live in Africa?

I wonder what would happen to the housing market if foreign nationals were not permitted to own US real estate.

Rent across most of the US is fine though, the big problem in SF (and London) is the MASSIVE resistance to building more affordable housing. Nobody wants an apartment complex in their neighborhood, that would ruin the view and feel. It turns into a tragedy of the commons situation, because now you have multiple people living in the same bedroom in houses there since nobody is willing to allow apartments to be built.

I legit hope someone goes to fucking jail this time

Cause we don't only have a housing bubble, but we also got subprime home loans again, subprime car loans, and student loans that even the financial sector says is at capacity.

Fuck the FIRE economy

>you either work for someone else or start your own business
What more could you possibly need?

>think about the likes of algorithmic trading, arbitrage algorithms etc
are you serious?
the firms who do market making and arbitrage have teams of hardcore C++ devs and colocated server space with the exchanges.
trying to DIY would be like sailing into a modern naval battle in a rubber dinghy.
good. fucking. luck.

lmao algorithmic trading? there are buildings full of people doing this, your shitty little bot isn't gonna do anything

any route you choose via programming is gonna be years of work upfront and it's never going to be passive, you will always have to release updates

you could start a business and have other people do the work for you, but you're looking at 5-10 years of work to get to that point

lmao
Those are the two ways that you make money.

It's like him saying "This model of car sucks. It only turns left, or right".

$5 converted to local money would be good portion of rent for third world countries' village lifestyle. For example, for $100/m you can get decent/modern 2 bedroom monthly in some of thailand's cities. If you're trekking or living abroad in villages (they have electricity/internet but lack of general modern building infrastructure), you can pay $10-$20/m for monthly rent.

And I suspect there are plenty of third world countries with similar levels of rent prices in many parts of the world.

The best way to generate passive for anyone is rental property. It’s a huge tax shelter, and a big passive income generator when the property is paid off.

Amazon pays its engineers in a mix of cash and stock grants.

>you are either too lazy, uncreative or too unexperienced to realize this.
you're the one asking us how to do it you retard

That reminded me of this:
cnbc.com/2018/05/31/a-523-monthly-payment-is-the-new-standard-for-car-buyers.html
70 fucking months, $31k borrowed, and a $523 are the averages for auto loans now. That is absolutely ridiculous.

Do you think we'll see another 1929 style crash? Ever since the 80s we've been working hard to get rid of those protections that were there to prevent the gilded age (and subsequent collapse) from happening again. 10 years after 2008, all the recovery money went to the top 1% and we're in an even worse spot than before.

It's inevitable, we've deregulated more since 08 and with Capital funneling money into overpriced investments, like Silicon Valley IoT companies.

Gonna be cool how every company that folded 5 jobs into 1 job are gonna contract the professional market again.

Maybe white collar pencil pushers will just start walking into work and shooting whoever they had TPS reports into

70 months is roughly 6 years.

31K with 2% inflation adjusted over 6 years is like this

31.6
32.25
32.9
33.55
34.22
$34.91K

$523*70 = 36.6K

What's the profit for these guys? $1.7K over 6 years. Or $281 per car per year.

You're not going to get anything in Thailand for $20 a month idiot.

Here's the new number according to the article. Starting from $31,453 instead of $31K

32K
32.7K
33.38K
34K
34.7K
35.4K

So $36.6K-35.4K = $1.2K over 6 years profit or an average of $200 per year profit per car loan.

Those are averages from existing and new loans.
The $31k number is useful to compare auto spending to the median salary of an American, which is somewhere around $40k for an individual and $56k for a household.

If you want to find profit, look at the interest rate being issued for new loans (5.17%), but this article is a year old.

No one will go to jail and if they do it'll be someone like Madoff in order to calm people down like just like the last time. But the crash this time will be even harder after all the Quantitative easing bullshit they've been doing for the last decade.

He could probably give speeches on wall st and benefit from insider trading instead... but then he'd lose to that self made businessman, so you're right.

$1.2K/31.5K = 3.8%. That is close enough after you take away the the 2% inflation.

no you don't

save your money
put it into a mutual fund
repeat

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Oh certainly, this is the result of financialization. The American economy can't subsist off of people selling each other loans and hamburgers indefinitely, the bottom MUST fall out. I'm honestly expecting each successive recession to be worse than the one before as the wealth of the country gets liquidated upward into Corporations and the Upper Classes. The country is in the looting phase, you're going to get a massive and suddenly lurch when reality sets in, these kind of things seem fine on the surface and suddenly a fucking domino effect occurs. Just take the French Revolution for example, they had a guy cook the government's books and dupe the country into thinking everything is fine. The next Finance Minister comes along and freaks the fuck out at the state of the treasury and uncooks them and the country starts melting down over the realization and leads directly into the Revolutionary period. Remember that the 1920s were absolutely amazing until the crash came on suddenly.

Quantitative easing works, but the fed won't have it in its arsenal when it comes time to use it, because they've been abusing it for the last decade.

I like to compare it to adderall. It can really boost your performance in the short term, but use it all the time and you'll go back to normal and just be addicted.

buy a 3d printer and sell shit on etsy

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You first ;)

Define passive.
I daytrade while working my remote customer support job

by get fucked in the ass for money?

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>"""""""""""""""""actively"""""""""""""
>"""""""""""""""""""""""""""""""""""working""""""""""""""""""""""""

Nonmeme city literally 2 hours north / 100 miles away from NYC, and one bedrooms here are still 1600 because citycucks will rent them and sit on a train for 4 hours a day
This too. Why does the USA let chinks buy anything? Or any foreign power allowed to own anything?

>study CS as a career
>work at any technology job
>take drawing and sculpting lessons
>buy a drawing tablet and some graphical software licenses.
>learn digital illustration and Blender
>take animation classes
>buy a MIDI keyboard, some DAW software license and some VSTs
>learn music composition and production for digital media.
>get a master degree in business administration.
>make your own games, apps and even make animations for your own youtube channel.
>keep working on your own projects and keep learning.

Now passive income should come as you make something that's successful.

Options trading

publish a book