[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 70 KB, 700x467, 1591572483808[1].jpg [View same] [iqdb] [saucenao] [google]
19593373 No.19593373 [Reply] [Original]

Passive income doesn't exist.
Prove me wrong.

Protip: you can't.

>> No.19593404

>>19593373
Dividend stocks

>> No.19593417

fixed income

>> No.19593428

>>19593373
Welfare, nigguh!

>> No.19593437

>>19593373
Balancer Pools

>> No.19593444

>>19593373
If you own a portion of a profitable company then yes, it’s possible. Your little brain isn’t powerful enough to understand these measly concepts.

>> No.19593460

Annuities

>> No.19593496

>>19593373
Are you retarded? If not, explain what you're getting at.
> dividends
> lending
> bonds (including risk free government bonds)
> rental properties
> interest on bank deposits
> etc.

>> No.19593523

Partial truth but some decent work can pay you forever

>> No.19593537

>>19593373
Based and redpilled

Inb4 seething from dividend aristocrats gang

>> No.19593600

>>19593373
I'd passively invest in your mom if you get my drift

>> No.19593604

>>19593537
this

>> No.19593616

H3X gives you nice dividends

>> No.19593632

>>19593444
how did you come to own that company?
and do you think a profitable company requires no work whatsoever?

Brainlet.

>> No.19593644
File: 152 KB, 977x1200, 1589989040418.jpg [View same] [iqdb] [saucenao] [google]
19593644

>>19593373
i will try again
just buy ES then it goes up then i make money

>> No.19593675

Living 4 years off passive income now.
Never worked a day in my life after getting a CS grad

>> No.19593691

In all seriousness: is there a problem with taking 3-5% off of yearly index fund gains?

>> No.19593716

>>19593496
>rental properties
>"Passive Income"
kek

>> No.19593757

>>19593632
You’re not really this stupid are you?
Passive income is passive income you fuckin mongol.

>> No.19593772

>>19593632
Ok you literally are retarded. "Passive income" does NOT mean that no one has to work to maintain the asset that generates the income. It means that the OWNER of the asset doesn't have to work for the income.

>> No.19593845

>>19593772
>>19593757
>I actively did something to obtain X
>therefore it's passive

>> No.19593862

>>19593675
I too am 34 and live with my parents.
I don't consider it passive income tho.

>> No.19593984

>>19593862
I do live with my parents, but I file more income tax than them.
It's not a thing to move out as soon as you hit 18 in Asian culture.

>> No.19593992

>>19593845
Look up the definition of passive income and stop wasting our time. Here's a very simple example of passive
> Person A has $500
> Person B needs $500 to buy a new TV
> Person A lends $500 to person B for 1 year at a 10% interest rate
> Person B now has to work to pay back the principal ($500) and the interest ($50)
> After 1 year person A receives $550
> the $50 is passive income for person A (but not for person B) because person A didn't have to work for it
The end.

>> No.19594026

>>19593992
/thread

>> No.19594039

Lol try owning a node

>> No.19594061

>>19593373
If you're creative, music royalties are the shit

>> No.19594067

>>19593984
Singapore?

>> No.19594092

>>19593992
>loans are always paid on time with no hiccups whatsoever

>> No.19594191

>>19594092
Passive income does not imply zero risk. If you had looked up the definition of passive income you would have known this..
If you want zero risk then buy risk free government bonds. That's the pure time value of money.

>> No.19594282

Music and film/television royalties are literally passive income

>> No.19594335

>>19593404
/thread

>> No.19594366

>>19593404
How do I become a Dividendchad?

>> No.19594443

>>19593716
Hire a property manager?

>> No.19594794

>>19594443
congrats your profit margin is now gone

>> No.19594838

>>19593373
Staking ALGO and XTZ has been great the last couple months...

>> No.19594855

I 100% agree, as someone who has dedicate my life to it, if you don't work you don't eat.

>> No.19594856

>>19594366
Need money up front to get to the point where you can live on it.

>> No.19594898

I'm not a landlord but it gets me rock hard that commies working McDonald's pay month after month for a shitbox

>> No.19595006

>>19594898
real estate is far from passive

>> No.19595195

>>19593600
No way bruh, I'm already all in

>> No.19595246

>>19593691
Not inherently. If you believe that you can sustain your lifestyle indefinitely that way then you've made it.

>> No.19595318

>>19594366
Buy dividend stocks, ETFs, or mutual funds with a decent yield (2-4%), a healthy payout ratio (30-50%), and good cash flow and earnings growth relative to their sector/ industry. Resist spending your dividends at first. Instead reinvest your dividends to buy more shares. Buy more shares, get more dividends, buy even more shares, get even more dividends, etc. Always set aside some dividend money for taxes.

>> No.19595684

>>19594092
Depends on the volume. If your volume is high you just sell the $550 loan to the mob for $450 and offset the cost with other running loans. And there are very few hickups when people know they might get murdered.

Source: I knew a loan shark.

>> No.19595954

>>19593691
Theres no problem as long as you bought into the meme that someone predicted 7% average returns for the next 30 years. Lmao

>> No.19596001
File: 121 KB, 1080x2160, Screenshot_20200608-145558.png [View same] [iqdb] [saucenao] [google]
19596001

>>19593373
>Wake up at 2pm
>Check phone
>Portfolio is up another $500 today