/biz/ - Business & Finance

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Passive Income Anonymous Wed Apr 10 11:09:55 2019 No.13287263 [Reply] [Original]

I've been fucked over a little bit financially, by renting in an apartment and putting the bills in my name, I've learned my lesson.
I work two jobs as it stands one where I make 13 dollars and hour and one for tips where I bike tourist around town. I want to get out of my hole, and start investing, but first I wanna know.
What's the cheapest/most guaranteed way to generate passive income?

>>	Anonymous Wed Apr 10 11:12:07 2019 No.13287285 >>13287263 ETFs Im quite fond of the Vanguard ones

>>	Anonymous Wed Apr 10 11:16:10 2019 No.13287326 >>13287263 Lending platforms, coin staking, male gay prostitution (passive incum)

>>	Anonymous Wed Apr 10 11:16:52 2019 No.13287335 >>13287285 I'm not gonna ask you to spoonfeed me, but I have no idea what those are. I'll do my own research, anon. Thanks.

>>	Anonymous Wed Apr 10 11:19:09 2019 No.13287363 >>13287335 literally just google ETF. It's what I did and I got the answer Takes u less than 3 seconds unless your a gigantic faggot.

>>	Anonymous Wed Apr 10 11:20:34 2019 No.13287378 >>13287363 He was probably asking about who Vanguard was. Not ETFs solely.

>>	Anonymous Wed Apr 10 11:22:16 2019 No.13287395 File: 23 KB, 640x420, Capture.png [View same] [iqdb] [saucenao] [google] >>13287335 This is why I recommend them, been holding since 2012

>>	Anonymous Wed Apr 10 11:30:30 2019 No.13287484 >>13287395 Oh shit, this may be it, anon. Thank you.

>>	Jewish Stan, Money Man Wed Apr 10 11:32:39 2019 No.13287504 >>13287484 No problem homie, might be the only one here willing to actually inform people kek

>>	Anonymous Wed Apr 10 11:34:50 2019 No.13287532 >>13287285 >>13287363 https://investor.vanguard.com/etf/list#/etf/asset-class/month-end-returns Okay so looking at this, I'm not sure which thing to invest in. I don't expect yall to give me this info for free, so I suppose I should research myself?

>>	Anonymous Wed Apr 10 11:50:16 2019 No.13287695 File: 82 KB, 1800x1800, BI22_AllSymbols.png [View same] [iqdb] [saucenao] [google] >>13287263 A shameful bump, to see if anyone has anymore good ideas for me, or information to share.

>>	Anonymous Wed Apr 10 12:11:16 2019 No.13287922 bump.

Anonymous Wed Apr 10 12:24:33 2019 No.13288049

>>13287532

Don't listen to the stock retards, they're in a market that hasn't been subject to real market forces for several decades now. Exchange Traded Funds are basically mutual funds in which you put money so you can get lower, but safer returns. The problem is that they're all propped up on debt and they're about to burn to the fucking ground. Don't put money in stocks right now, you're going to regret it. Get real assets. Crypto like btc/ltc, metals, arable land, that kind of stuff. Pretty much all paper assets are going to get wiped in the next 2 years and nobody knows for sure when. The expectation is that the shittornado hits us by the end of 2019.

>>	Anonymous Wed Apr 10 13:49:47 2019 No.13289039 >>13288049 What makes you say that exactly? Why are all of these gonna burn up?

>>	Anonymous Wed Apr 10 13:50:06 2019 No.13289042 i sleep

>>	Anonymous Wed Apr 10 13:51:28 2019 No.13289063 >>13288049 What is the reason crypto will go up the next few years?

Anonymous Wed Apr 10 13:55:43 2019 No.13289110

>>13288049
Holy shit youre a fucking brainlet and a faggot if you think crypto is a safe financial bet. You deserve all of your losses. Land is the one thing I can agree on you with.

>>13289039
I wouldnt take anything he says seriously. Investment losses are financially tax refundable except for in cryptos case. ETFs are not propped by debt but instead are propped by total market performance. If we used the debt excuse, then the world would be propped by debt and there would be no reason to invest in anything because it all could pop.
>>13287532
I would just look for Vanguard ETF stocks on major trading platforms and ignore the site. The website isnt for the faint of heart.

Anonymous Wed Apr 10 13:57:50 2019 No.13289140

>>13289110
I forgot to mention that, in the event of a total collapse, you are secured by the government safety net. Especially when it comes to property and investments. Unlike crypto which, if there is a sudden lack of tech functionality or your trading outposts/storages all shut down, there is no security and your losses are gone for good

>>	Anonymous Wed Apr 10 14:57:58 2019 No.13289926 >>13287695 Depending on your time frame, look into small cap growth funds/EFTs, more volatile = higher risk but also larger returns

>>	Anonymous Wed Apr 10 16:06:26 2019 No.13290772 >>13289926 In what time frame would I see larger returns? And where would they come from? Selling the stock or from dividends?

>>	Anonymous Wed Apr 10 17:36:45 2019 No.13291818 File: 38 KB, 600x537, gn.jpg [View same] [iqdb] [saucenao] [google] >>13289042

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