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Passive income
Do you have money to invest?
You want to know the only thing you can assume about a broken down old man? It's that he's a survivor.
he says he can invest up to $2500
no blog, no internet marketing, no freelancing and only $2500
So 2500 for something that will net you 1500 per month, or 18,000 a year.
With those returns in passive income your only hope is starting a biz.
edit - You could probably also write a book or come out with some other type of product and hand all the marketing over to affiliates.
no blog, no internet marketing, no freelancing and only $2500
So 2500 for something that will net you 1500 per month, or 18,000 a year.
With those returns in passive income your only hope is starting a biz.
edit - You could probably also write a book or come out with some other type of product and hand all the marketing over to affiliates.
God'll prolly have me on some real strict shit
No sleeping all day, no getting my dick licked
The Original Emotional Alpha
Oh, my bad.
For 2500 you could buy a website.
Flippa.com is a marketplace for it.
This guy runs websites for a living.
http://forumserver.twoplustwo.com/30/bus...ce-282753/
You could do hard money loans.
http://www.rooshvforum.network/thread-15712.html
But to turn 2500 into 1500 a month is really reaching.
For 2500 you could buy a website.
Flippa.com is a marketplace for it.
This guy runs websites for a living.
http://forumserver.twoplustwo.com/30/bus...ce-282753/
You could do hard money loans.
http://www.rooshvforum.network/thread-15712.html
But to turn 2500 into 1500 a month is really reaching.
You want to know the only thing you can assume about a broken down old man? It's that he's a survivor.
If you have money to invest, you can put it into stable mutual funds that pay a dividend. There are some that pay 8-10 percent with minimal risk. And while this won't net you several thousand a month, it can earn you a decent amount depending on how much money you have that you can put aside. This is an especially good time to invest in some of these funds since their sinking with the Dow.
You're getting a PhD in economics and think you can invest 2,500 bucks to make 18,000 a year in perpetuity?
And you want it to be passive?
Smh
And you want it to be passive?
Smh
PHD in Economics. Can't work, never worked, but going to get paid to teach people Business......The only thing worse is English professors who have never published a book.
Not hating on you personally, just not very fond of the University system. (my father was a accounting professor)
Not hating on you personally, just not very fond of the University system. (my father was a accounting professor)
Quote: (08-14-2013 06:32 PM)TheCaptainPower Wrote:
PHD in Economics. Can't work, never worked, but going to get paid to teach people Business......The only thing worse is English professors who have never published a book.
Not hating on you personally, just not very fond of the University system. (my father was a accounting professor)
Where did he say anything about teaching people business?
Quote: (08-14-2013 05:01 PM)Days of Broken Arrows Wrote:
If you have money to invest, you can put it into stable mutual funds that pay a dividend. There are some that pay 8-10 percent with minimal risk. And while this won't net you several thousand a month, it can earn you a decent amount depending on how much money you have that you can put aside. This is an especially good time to invest in some of these funds since their sinking with the Dow.
I'd like to know more about this, and am nearly clueless about it currently. Where would I find these funds? How does one evaluate them? What kind of minimum investment should I expect?
I realize these questions may be basic to the point of jackassery, but the forum search is gone. Any info will be appreciated.
Jack,
check out investopedia.com, it's a pretty place to start if you nearly clueless about investing.
check out investopedia.com, it's a pretty place to start if you nearly clueless about investing.
God'll prolly have me on some real strict shit
No sleeping all day, no getting my dick licked
The Original Emotional Alpha
Personally, if I were you, I'd work to save up as much as you can so that you have more to invest than $2,500. You said 20 hours a week. That's perfect for a part time bartender job. You can earn some nice tips depending on the place and expand your social network / skills. In the meantime, read up on investing / entrepreneurship on the side to accentuate your knowledge. You don't want to dive into investing without a sufficient understanding of investment tools. Try reading the 4 Hour Work Week for passive income ideas as well, though much of that involves internet businesses.
Quote:Quote:
If you have money to invest, you can put it into stable mutual funds that pay a dividend. There are some that pay 8-10 percent with minimal risk
Drop some tickers
Spend the 20 hours selling a product that gets you passive income. Save the money.
Man up, get a job in an investment bank, don't waste money in bars, buy up a load of condos in Pattaya and other good places, retire at 30.
I have you looked into Seeking Alpha. You can become a contributing author and make money. They pay you based on number of viewers who read your page. A buddy of mine makes close to $2,000 a month writing articles. You are working on a phd in economics so you are probably well qualified if you like the markets.
Quote: (08-14-2013 12:39 PM)AntiTrace Wrote:
he says he can invest up to $2500
no blog, no internet marketing, no freelancing and only $2500
So 2500 for something that will net you 1500 per month, or 18,000 a year.
With those returns in passive income your only hope is starting a biz.
edit - You could probably also write a book or come out with some other type of product and hand all the marketing over to affiliates.
How much money would you need to invest to get those kinds of returns passively? You've got me interested in something like that.
Isaiah 4:1
@ CJ, what are interested in?
If your talking about stock market type investing, no practical 2500 investment will give you 18000 a year passive. Your talking hundreds of thousands in the stock market to pull 18k a year passive (which is what I call dividends, I'm sure it can be done cheaper but one of the real finance guys here can handle that discussion.)
If your talking about starting a biz, it would be done. 2500 is actually a good amount of to launch a small internet business, especially if he can work 20 hours on it a week. In two years of running an online biz, 1500 a month semi-passively is well within the realm of reason.
If your talking about stock market type investing, no practical 2500 investment will give you 18000 a year passive. Your talking hundreds of thousands in the stock market to pull 18k a year passive (which is what I call dividends, I'm sure it can be done cheaper but one of the real finance guys here can handle that discussion.)
If your talking about starting a biz, it would be done. 2500 is actually a good amount of to launch a small internet business, especially if he can work 20 hours on it a week. In two years of running an online biz, 1500 a month semi-passively is well within the realm of reason.
God'll prolly have me on some real strict shit
No sleeping all day, no getting my dick licked
The Original Emotional Alpha
Quote: (08-16-2013 12:10 AM)AntiTrace Wrote:
@ CJ, what are interested in?
If your talking about stock market type investing, no practical 2500 investment will give you 18000 a year passive. Your talking hundreds of thousands in the stock market to pull 18k a year passive (which is what I call dividends, I'm sure it can be done cheaper but one of the real finance guys here can handle that discussion.)
If your talking about starting a biz, it would be done. 2500 is actually a good amount of to launch a small internet business, especially if he can work 20 hours on it a week. In two years of running an online biz, 1500 a month semi-passively is well within the realm of reason.
Ahh I see. Would you mind recommending some good literature on this subject? (internet businesses)
Isaiah 4:1
"Four hour work week" by Tim Ferris
then
"Millionaire Fastlane" by MJ Demarco
those two will give you a good foundation, then you expand and find a niche (internet marketing, ecommerce, ebooks, etc) and work your way up.
then
"Millionaire Fastlane" by MJ Demarco
those two will give you a good foundation, then you expand and find a niche (internet marketing, ecommerce, ebooks, etc) and work your way up.
God'll prolly have me on some real strict shit
No sleeping all day, no getting my dick licked
The Original Emotional Alpha
FYI guys that 8-10% yield comment is false.
If you're getting 8%+ yield you own reits which means your taxable income is now based on your normal tax rate (not the 15% dividend rate) so your actual net of tax yield is much lower.
.65*8% = 5.2%
You're basically paying a management fee to run a basket of reits.
Your ideal situation is to run up the REIT exposure to your lowest bracket (personal basket) then run the rest of the portfolio in other dividend stocks long term.
Anyway $2500 to get 18000 a year = joke. Unless you plan on creating the next $tsla.
If you're getting 8%+ yield you own reits which means your taxable income is now based on your normal tax rate (not the 15% dividend rate) so your actual net of tax yield is much lower.
.65*8% = 5.2%
You're basically paying a management fee to run a basket of reits.
Your ideal situation is to run up the REIT exposure to your lowest bracket (personal basket) then run the rest of the portfolio in other dividend stocks long term.
Anyway $2500 to get 18000 a year = joke. Unless you plan on creating the next $tsla.
How much does that $2500 matter? If you could live without it and really want the "chance" to make a lot of money, then gamble. Hit the roulette wheel and try your hand at red/black doubling up each time.
If you can find a casino that will take that kind of action you could make $20k in three spins.
Perhaps buy some out of the money calls on something you think may go up in the market. Like Silver SLV. Or buy some puts on something, say Netflix. If that drops hard, and it may very well, you could make a killing using the right kind of puts.
If you can find a casino that will take that kind of action you could make $20k in three spins.
Perhaps buy some out of the money calls on something you think may go up in the market. Like Silver SLV. Or buy some puts on something, say Netflix. If that drops hard, and it may very well, you could make a killing using the right kind of puts.
Tutor. You can easily make $1500/month. Charge $50/hr, get six clients for one hour a week. Done.
To make $18000k/year you need about $225,000 in the bank assuming you can actually find something yielding a reliable 8% year in and year out these days.
To make $18000k/year you need about $225,000 in the bank assuming you can actually find something yielding a reliable 8% year in and year out these days.
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