/biz/ - Business & Finance

Rental properties and dividend stocks. Next

Staking Stegos on my mobile phone directly on their app. One click and thats it.

>>15784973
>how do i get rental properties and dividend stocks

>>15785054
you buy houses or land and then put it up for rent.
you can take loans to buy these properties and then use part of the rent you extract from it to pay the interest and principle you borrowed.
As for dividend stocks, you might not want to get them before you retire. It's more efficient to dump your money into low-cost equity funds. To buy these you need to open an account with a broker/bank and research some broad market equity funds. If you're in the US, there's the SPY that follows the S&P 500, for example. You might want to complement it with bonds, but that depends on your risk profile.

>>15784970
Bump, i want to learn more about passive income as well

Prime-xbt.io

It’s a btc based crypto/forex/stock leverage trading platform and you make 20% commission on all trading fees by people you refer.

I have about 20 referrals from blasting my link all over the internet and it earns me around $30 a day. Today I made $60 and other days I’ve made anywhere from $6 to $200. It pays in BTC so it’s a nice way to accumulate.

>>15784973
this

save up and dont get in retarded debt for no reason.

You'll be fine

>>15784970
Dividends are a meme. You don't want income. You want value; paying tax on income distributions when you don't need them to currently buy food and shelter is the most bluepilled shit I can imagine.

Buy SPY or SPYG (spy without bluechips/div aristocrats, so more volatile) and some crypto and forget about it

rental and reits get taxed too high

VPU long term aint too bad

better than most things people suggest

don't fall for the trap of high divvy ETN's etc that bleed off their value, there are a few that are ok but if that chart ain't crab walking then you're wasting your time.

LMLP

>>15785325

this guy has a point

you can also check out pty

bump
Great thread

bump. anyone here able to live solely on passive income?

>>15785478
11 mortgages around 10%

and

a few stocks

moving everything to stocks better on growth and taxes also less work

started with property in 09 after crash houses were cheap back then

not anymore

>>15785494
were you working a job to get to this point? if this took you ten years, would you say it was worth it?

>>15785506
started working at a movie theater
saved and then flipped used cars for years till the housing market crashed

its taken me 18 years to get here from my first job

it was worth it but i do wish i invested in the stock market earlier

would of had over 12m by now

>>15785126
Thank you!

if you like the sp500 i would suggest rsp

My passive income is too strong for you Traveller

>>15784970
When VID app is released, you can literally earn by just doing what you are already doing now to earn money....using social media...

>>15785632
You're a pimp too?

>>15785199
>Dividends are a meme.

I take it you've never heard of compound interest.

Buying crypto is terrible advice as well.

All in all you're a fucking retard.

Have a nice day.

>>15785538
sheesh man that gives me hope. I'm in my earlier 20s with a shitty job but I'm living at home. If I play my cards right I hope to be where you are in ten years

>>15785632
I require your passivest income.

>>15785632
please explain

>>15784970
Vote andrew yang

>>15785937
cringe and bluepilled

>>15785632
Enough of these games. I'm going into debt and I need your strongest passive income earners.

>>15785724
>When VID app is released, you can literally earn by just doing what you are already doing now to earn money....using social media...
'sup Rakesh

Erotic novels, I'm not even bullshitting you. It's not what it used to be but any passive income is still good. Try to do one book each week, tweaking things, focusing on different kinks, then look at what seems to work best for you and focus on that. Won't be long and you'll have a few hundred each month easy peasy.

>>15785859
>compound interest
Oh, give me my money so I can pay a tax on it and then reinvest it into your company, instead of the company just using it to reinvest without paying taxes, the result of which is reflected in my share price which is taxed at a later date at a lower rate

>>15786469
I've been thinking about this. Can you tell me more? How good is your prose? What does your audience look for? What are the demographics? How long are your books and what is their general wordcount? What platforms do you publish on? I'm a professional writer and I do well for myself, but I've always been so curious about this.

Sorry about all the questions! Really curious!

>>15785126
>dont get dividend stocks until after retirement

Wat
That defeats the entire purpose of continually reinvesting the dividends back into more dividend stocks and creating a wealth exponent

>>15785538
Congratiulations, anon. Good luck from here, also.

>>15784970
I invested in the Linkpool crowdsale, I'm getting ~300 LINK a year. When usage comes, it will be way more

>>15786945
maybe he meant bonds

>>15786523
this guy gets it

>>15785908
i still live with my parents

wife and kids

i just bought a larger house

never give up and save

>>15787179
thanks good luck to you as well

chain.link

>>15786523
Dividend stocks also appreciate in value, in fact this year many outperformed “growth stocks.” PG for example.

Why? Because boomers hold all the wealth and there are literally no ways for them to get a continuous stream of income besides dividend stocks. Interest rates are too fucking low right now. So they buy blue chip dividend stocks.

>>15784970
You have to work for 1.5 million dollars to buy a fast food franchise which you then find out requires direct management by yourself and has small profit margins. Reminder unearned wages are what we oppose as National Socialists and this lazy "I just want money, not to actually have to do anything for it" mindset is cancer on humanity.

>>15785126
How do you get a loan for multiple houses? What is the criteria?

>>15784970
run an EDGE host

>>15784970
Only one true way, be born into a rich family, become a beneficiary of the trust...But then you won't have any income.

>>15788603
Not bad, but how about: Run 20 edge hosts and a edge gateway, and you can live off the passive income.

>>15784970
an app i made 8 years ago and a website i made 11 years ago

>>15784970
Dividend stocks or rental properties. I'm doing divi stocks personally. Google "dividend growth" if you are interested.

>>15789235
And it still pays?
What are they about?

>>15785859
>making 500% annually is terrible advice as well
The absolute state of boomers

>>15789247
a nostalgic game app and a porn website

>>15789243
Thanks I will!

>>15786945
>>15787587

>>15787923
credit score, how long you're at a job, and down payment. I think they look through your bank records and assets too

>>15785126
How much do you need to invest in dividend paying stocks to have low-wagie amounts of income coming in, like $1500-2000 a month?

>>15784970
You have to be born rich, there's no other way.

No other income streams except generational wealth are actually passive in any way a normal person would understand use of the word passive.

>>15785859
Cope harder boomer, I'm retiring in 3 years