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/biz/ - Business & Finance

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14981135 No.14981135 [Reply] [Original]

How do i turn this into passive income?

>> No.14981148

Try kys

>> No.14981152

>>14981135
well dont let it rot in your bank account at least

>> No.14981160

>>14981135
buy bsv

>> No.14981161

>>14981135
get a rope. also, you're a retard.

>> No.14981162

>>14981152
So what do u suggest

>> No.14981200

>>14981161
Why?

>> No.14981209

poorfag

>> No.14981210

>>14981135
Who's Erica anon ?

>> No.14981214

>>14981162
If you are smart enough to use chrome's inspector tools why do you need investment advice? Also that money is what I spent last month on swiss watches.

>> No.14981224

>>14981210
Stupid assistant boa has on their app

>> No.14981230

>>14981210
https://www.youtube.com/watch?v=e5tEoIrXK6o

>> No.14981231

>>14981135
how passive and how much of a return/risk do you want

>> No.14981243

Invest your money goddamn

>> No.14981304

>>14981214
How would you allocate my money?>>14981231
I want like 10% doing nothing. Maybe stocks
>>14981243
Thats why im asking here

>> No.14981341

>>14981162
put it in crypto, stocks, etf's, bonds, or goddamn dude you savings account at least. no reason to have more than 10k in a checking account that isnt also a brokerage account.

if you want a low risk medium growth account split that shit between a few high yield divvy stocks, check out MO, T, SUN

>> No.14981349

>>14981304
>10% do nothing
Etoro. Copy trading. You are welcome.

>> No.14981355

Download Robinhood app
Put it all in VOO

>> No.14981359

All in physical silver and hold for a year, you’ll 10x your money at least guaranteed

>> No.14981360

Doesn't DAI have staking now? Anyone know the rates on it? (Or which platform allows for staking?)

>> No.14981375

>>14981135
Put 20% down on 4-5 rental properties and get a property manager

>> No.14981432

>>14981214
Im not smart thats why i need help. U seem rich any advice?
>>14981341
Should i all in bitcoin?
>>14981355
Whats voo?
>>14981375
I keep hearing horror stories about rentals

>> No.14981459

>>14981432
Some index fund like VTSAX or something. I’d look up how to invest/set it up if you’re nervous, or talk to a friend you have that is investing themselves.

>> No.14981461

>>14981432
>>14981432
The smartest advice you’ll get is to buy silver but you’re too much of a retard to understand why so go ahead and buy real estate and STAY POOR

>> No.14981465

>>14981459
i dont have any friends

>> No.14981513

>>14981465
Oh :( sorry anon I’ll be your fren.
First: don’t listen to retards like >>14981461
Investing in silver is a huge gamble. You’re better off taking your money to a casino. To turn this shit into passive income you need index funds. Watch Graham Stephan

>> No.14981518

>>14981465
Stake 10% in NEO and thank me later

>> No.14981524

>>14981513
Lmao. You will lose all your money over the next year. Stock market crash is guaranteed. Can’t wait for all you brainlet pussies to capitulate into my buys

>> No.14981619

>>14981513
thanks
>>14981518
i remember antshares and selling it before it rebranded to neo. good times

>> No.14981798

>>14981214
>Also that money is what I spent last month on swiss watches.
post wrists and hands

>> No.14982072

Bump

>> No.14982078

>>14981135
Dividend growth investing

>> No.14982090

>>14981135
Assume shitty and lowly rent-seeking behavior if you want passive income, or grow some balls and speculate on the success of Bitcoin to earn real value without being a parasite.

>> No.14982190

>>14981432
People who have bad experiences with rentals are just loud bitter fags who did it wrong or want to justify being a pussy and not doing it. If you get a good PM they are fine and almost no work. Self managing willimprove your margins and you will give more of a shit about your own property than a PM ever could, but its not quite passive. Though close to it with a good tenant

>> No.14982624

>>14981359
This, SLV can't get any lower than it already is. When shit goes down SLV is going through the roof

>> No.14982679

>keeping that much in a bank
Retard

>> No.14982751

>>14981214
wow you must be so rich haha :) message me ^___^

>> No.14982846

>>14981135
Take out 7 bucks and buy rich dad poor dad. Read it. Take out a few hundred and buy more books.

Cash out and learn actual investing in business and real estate.

Git gud man

>> No.14982856

>>14981214
Suuuuuuuuure

>> No.14982886

>>14981341
Yes op. Invest in watered down stocks with 0 control where they do t have to disclose and "operating fees" before you get yours. And you cant force appreciation in watered down stocks.

Learn real investing. Real estate

>> No.14982916

>>14982846
This is actually great advice. Kiyosaki might be a bit of a turd in other dealings, but this book is absolute gold. It's simple, easy to read, and approachable. I've found reading this, along with E-Myth revisited, really opened my mind up to seeing all of the opportunity around you.

>> No.14982932

>>14981375
HOLY SHIT. Why are you here anon? In a board with 4,000 shitcoin shills you come at op with logical answers... noice.

I moght add an FHA loan you only need 3.5% down. You have to live there but there are no rules against what you buy or how you live in it. Could be a big house you rent rooms out and live free or make a little. Could be a duolex with a tenant paying the mortgage.

And get a GOOD property management company or self manage. Dont just pay the cheapest shiester you find

>> No.14983039

>>14981461
LOLOLOLOL!

You stay poor faggot. The only thing you are doing is jedging against inflation.

Buy 100k house for 20k
Bought well ao there is a little equity.
Repair rando cosmetic shit and anything major like a hot water heater if needed.
Throw paint and carpet down
Get new fixtures and fans and awitch cover.
Reapraises for 150k
Pocket 50k less the repair cost.
Recoupe you 20% down also in the 50k

Wups, how did i get this free house i am renting and making money off of every month while the tennant pays for my mortgagen.

VS

Let me buy etfs or staxk silver in a closet...

You stay poor faggot. REAL real estate investing isnt house flipping shows or your uncles husbands shithole rental he slumloards and knows nothing about tenant screening in.

There are A LOT of bad investors. And that's the beauty of it. All these fucking flipper shows and real estate "gurus" have soccer moms taking on 6 figure debt thinking all they gotta do is mop a floor and rake in riches. So they buy the thing. Get half a remodel done. Lose their ass. And then you get a sweet deal to ACTUALLY invest in.


Study up kids. Real estate investing, real estate tax law, screening tenants, choosing contractors, etc...

Live it and youll love it if you can auffer babies first few investments.

Its the best thing ive ever done sticking with this

>> No.14983060

>>14981465
Real estate investment association (REIA) Find one in your area or find other real estate club meetups. Just show uo and hang out. Listen all you can. Maybe take a shitty job with one that seems cool so you can learn on the job

>> No.14983072

>>14981513
Index funds over silver.

Good lord anon DO NOT fucking do this.

My fucking sides

>> No.14983150

>>14981135
Allin LINK.

>> No.14983169

>>14983039
You will be coming to this board crying when the worst global financial crisis in human history hits within the next year. Real estate and stocks will all crater

And yes it’s coming. All yield curves have inverted.

>> No.14983183

>>14982190
Lol, and a bad tennant can really fuck you. Fun story. I almost died due to retardation. Both mine and the stupid ass tennants. Just starting out and working on a rental when a friend of a friend moves to town. Says hes handy. He'll replace the kitchen floor instead of a down payment. Cool. Spongy as fuck. Had to jack it up and repair it from UNDER the house instead of me just doing it right. He also just threw the entire old floor in a pile in the back yard DIRECTLY under a low hanging power line. Its like 9 feet high with a 7 foot pile of wood i cant burn. Full of nails and shit.

The best part tho? This mutherfucker knicked a gas line with a saw and rather than tell me so i could spend 5 minutes fixing it he just shut it off and moved a few months later. So, i think everything is just fine and dandy, get another tennant coming in. Says hell be there in 2 days. Leave the key and tell him whatever. Luckily he moves a day early for some reason. Get a phone call "anon i smell gas." Fuck! Give him directions to shut the gas off and open windows and shit for a bit. Spend 5 hours back and forth to the meter tryibg to find it because whole house just reeks like gas and the blue flame heater 5 feet away is on. Its snowing so cant shut it off. Finally fly an hour to lowes and an hour back with a gas sniffer and hunt down the fucking pipe hed almost cut in half.

If that guy hadn't decided to move in a day early that entire house would have been a firebomb. And the main reason we bought the place is because its like 8 feet from my house for some reason.

Dont even let your tenants cha ge a lightbulb because they will inevitably fuck it up.

Maybe not firevomb the place but still...

>> No.14983254

>>14983169
Low iq detected. The day to day price of real estate doesn't matter when you are renting it out. Look at rents in 2008... they didnt go down. If you get properties that have a good cash flow margin above debt service and can sustain a 10-20% dip in rents you will be fine.

Also when you buy a house with a mortgage you are literally shorting the us dollar so...

>> No.14983257
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14983257

>>14982916
Cheers brotha

>> No.14983270

>>14983183
Holy fuck lol I cant even do any of that stuff myself just get pros + contractors for everything. That's scary as fuck and why I'm wary of partnerships in general.

>> No.14983281

>>14983169
AHAHAHA!!! NO ANON! THIS IS WHY YOU WILL BE FOREVOR POOR!!! my fucking sides. I HOPE a crash happens. I hope the fucking bottom falls out like it's 2008 all over again so i can buy some sweeeet deals. It's rental income bruh. Idgaf. If anything the house turning tits up while slowing my growth a little would be the best asset protection on earth.

>ree let me sue you for a house you have a 150% morgage on!
Ahahaha. Im fucking crying right now

>> No.14983288

>>14983254
US dollar will get stronger next crisis

>> No.14983305

>>14983257
imagine being this much of a 50yo boomer

>> No.14983315

>>14983288
Alright explain

>> No.14983334

>>14983315
Dude just invest in your passive income, I’m sure everything will stay the same when people can’t afford to pay your shitty rent and real estate craters, the stock market crashes by over 75%, the fed has to RAISE rates to avoid inflation...

Yeah man gl. I’ll give you my email when it all hits so I can buy your wife as a sex slave with my silver gains

>> No.14983337

>>14983254
This. Besides. In my rural area 2008 didnt happen. Actually i was blessed because i lost my job building houses and couldnt find one. Said fuck it and bailed. Moved back home. Now im paid to shitpost and fuckoff a lot of the time at a 50 hour job where i also study to buy my freedom from wageslavery.

Crash and burn mudafuckas. If it waits 6 months I'll only owe 30k on my mortgage with no other bad debt. Together we make 70k. But it's a lot when houses go for under 30k all over here. Hell the last one i bought was 10k. Put like 3k and a lot of swet into it. $350 a month. Nelow market $100. Good buddy deal. Hes a clean freek and hates the smell of weed. I hope he kives there forever.

>> No.14983343

>>14983254
Man, how many doors you got?

>> No.14983366

>>14983270
Eh, im a shit handyman. I do all the plumbing but lathe and olaster shit here kills me. And i dont touch electric. Just study and learn the ways of how to do things. Atart small and build on that. Youll fuck up but youll learn a lot. It's so worth it. Just find a good handyman. You could probably paint at least unless you want 100% passive. You can do it man. I am a 2 time college dropout shopping for my 4th house.

>> No.14983391

>>14981135
obviously put $50k into DAI then into compound.finance for like 16% APR

(only risk is flash black swan causing people not to buy the colleteral at 13% discount)

>> No.14983394

>>14983288
Bullshit the dollar has been fucking itself off since 71 when nixon took us off the gold standard. I'm not even sure if its useful as kindling. Does money burn? Is it illegal? Just curious.

Yall need to be hustling for noney and assets and trading that monopoly money for even more assetts of real value before we start printing trillion dollar notes

>> No.14983399

>>14983305
>try 30

Imaging staking your life savings on FAKE "money"

Stay poor kiddo

>> No.14983415

>>14983334
Stupid faggot. People still need a roof over their heads...

>> No.14983421

>>14981135
that rewards cash tho

>> No.14983422

>>14983334
Hell if anything rents will go up since nobody can afford to buy a house

>> No.14983423

>>14983150
Feels good he could go all in and still not be able to buy my stack. Absolutely critical to get in early

>> No.14983452

>>14983391
why DAI?

>> No.14983513

>>14983343
Got 6 turnkeys now and in the process of doing my first rehab. Going pretty well so far. I'm in the baltimore area and there are good rental markets that are fairly safe in towns just outside the city. Good deals are hard to find around here there are a lot of people with the same idea

>> No.14983543

>>14983421
Its my credit card balance

>> No.14983557

>>14981135
>How do i turn this into passive income?

Buy Qtum (QTUM), bitcoin gold (BTG), EOS, OmiseGo (OMG), and status (SNT)


US users will no longer be able to hold Qtum (QTUM), bitcoin gold (BTG), EOS, OmiseGo (OMG), and status (SNT)

Abra App to Restrict Services for US Users Over Regulatory Issues

Crypto investment app Abra has been forced to make changes services to U.S. customers over “regulatory uncertainty and restrictions” in the country.

“Specifically, for Abra users in the United States is that we have to make some system modifications around our smart contract based synthetic assets. As a part of this effort we are migrating any synthetic assets to a native hosted wallet solution. On Abra, these are defined as anything other than Bitcoin (BTC), Ether (ETH), Litecoin (LTC) and Bitcoin Cash (BCH).”

The “synthetic asset” is Abra’s way of providing users with exposure to the movements of cryptocurrency prices, without them having to hold the actual crypto.

From Aug. 29, US users will no longer be able to hold Qtum (QTUM), bitcoin gold (BTG), EOS, OmiseGo (OMG), and status (SNT) will have to exchange or withdraw any holdings of those assets from the app by 11:59 p.m. EST (03:50 UTC) on that date.

https://www.abra.com/blog/us-app-update-2019/

https://www.coindesk.com/abra-app-restricts-services-for-us-users-over-regulatory-issues

>> No.14983569

>>14983366
I've thought about it but I've got a comfy wagecuck gig at a defense contractor right now decided my time is better spent just doing that and hiring handymen + contractors

>> No.14983654

>>14983513
Noice! I just got the one. Own the house we just moved from but it was ready for the bulldozer before we moved into that fucking crackhouse. I fell at work and couldt use my leg for over a year. Living on my mother-in-law's couch the whole time. Finally got a job towing cars and looking for a place to rent. She came across this shithole for 20k rent to own nothing down. Agreed sight unseen and spent 2 months just cleaning the fucking place and painting. My only caveat on buying a house was a solid roof cause ill never get on one again. This one was 2 years old.

But, that should wipe out our bad debt besides a 30k or so mortgage left on our personal residence. Have the one solid rental and easily qualify for another soon. Good credit and debt to income will be baller.

>> No.14983667

>>14981230
kys

>> No.14983701

>>14983654
What market you in? You thought about starting a turnkey business? 30k houses above 1% rule with reliable tenants sounds dreamg you would have a lot of demand

>> No.14983731

>>14983569
By all means if you can go that route. If you can afford it then its so much nicer. But, being a poorfag i get to roll around under the house fighting copperheads for water line access. Lol, god bless my father-in-law. He was a game changer. 2am trying to quietly repair drywal cause tennant bro was sleeping and had work like me at 7am. I gave up. I was pissed. Cant kick him out. But done to the poibt i tried to get my wife to let me just sign it over to them so i could walk away. A few days later i realized my father-in-law is retired and bored off his ass. He fixed it and willy nilly just went to work on the other shit i needed to do. Refuses to let me pay him decent either. The best lart tho he can work during the day while everyone is at work and the hardware store is open.

I finnally learned i don't have to do everything and that realization gave me $350 a month for the foreseeable future. Kek

>> No.14983752

>>14983701
Southwest oklahoma near the texas line.

If i dont count the few grand cash fixing it up im getting 3.5%. I honestly think i can hit 4%. It's not a lot of money but i can swing the mortgage a few months if i need and the numbers are fucking nuts percentage wise.

>> No.14983781

>>14983752
Yeah if you got a house in good condition rented for 350 and got management in place you could easily sell that to a remote buyer for 25k. Probably more

>> No.14983804

>>14983781
Yap. It's stood 100 years so far and lacks paint and a few storm windows. Then it's done. Going to build them up and cash out for an apartment complex.

>> No.14983947
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14983947

>>14981135
XSN Masternodes.

>> No.14983977

>>14983701
The 1% rule is fucking stupid.

There are 3 sources of gains in a leveraged buyout, which is essentially what buying rental property w/ a mortgage is.

>1. Multiple Expansion
Lower cap rates/higher multiple, due to better tenant profile, property improvements, or even instant multiple expansion because you bought for 20-25% less than the property was worth
>2. Earnings Growth
Higher rents, higher occupancy, higher security deposits to prevent losses
>3. Debt Paydown
Generally happens over time, you do pre-payment to accelerate this and boost returns, but it's the option of last resort.

So, you're much better off buying a property the 1% rule would deem too expensive for 15-20% under market, and quickly reselling it once you improve the tenant profile, occupancy, etc..

You're also better off putting less cash into the deal to boost returns, the biggerpockets focus on being cash flow positive upon purchase is fucking retarded. All that matters is that you're getting a dollar for 80 cents, and how the property will look after it's running efficiently. Stabilized properties are horrible purchases, things can only get worse.

>> No.14984061

>>14983977
Yeah I agree with rehabbing being a better deal that's what I am doing now. But if you want to refi and hold it than 1% monthly rent to ARV is a good quick glance heuristic. Obviously you have to dig deeper than that as cap rate is what really matters.

I prefer refinancing and holding rentals to flipping right now the market could turn any day now especially for me as I'm in a coastal area. And actual sales will stop before high appraisals stop. So refinancing is a safer exit rn. The margins are too thin on most flip opportunities I see.

>> No.14984170

>>14984061
Cap rate only matters if you plan to hold for 10+ years, and even cap rate is a shitty measure.

If you want to a make a lot of money in real estate you need to focus on what you can control.

The truth is, you don't know where cap rates will be in 20, 10, or even 5 years later. It's a bad idea to buy a promising property only to find out that you will get fucked when properties crash.

It's all about margin of safety when it comes to investing. You buy a property for 20-30% less than it's worth because of shitty tenants or the place is run down, even after accounting for costs of repairs, etc..

You will make a fuckton of money. Just buy with a margin of safety, stabilize, sell, 1031, rinse and repeat.

>> No.14984206

With that amount of capital OP you wont be seeing any meaningful passive income gains. Maybe 7k a year after taxes?

Annnywaysss. You can earn passive income through real estate, dividends, interest, royalty fees etc.

Maybe you would like to wait on the side lines in hope of a market correction unless you want to see about 30% of that money disappear to Jews during the next bear market

>> No.14984264

>>14984170
Sounds like you are talking multifamily mostly? Right now I only deal with SFRs but maybe I'll scale up some day. I do agree that fixing and flipping multifamilies after a brief hold is a great way to make money I just dont have the means right now. Also it's not like distressed multifamilies that can be saved are growing on trees right now, at least not in my market.

I also think multifamily cap rates are too low right now and will start rising once interest rates start going up (if ever)

>> No.14984307

>>14984264
Multifamily, SFR are similar with minor differences. I would argue SFR is slightly less liquid because you have to try and sell a property as a tenant is moving out, but the same logic generally applies.

>> No.14984387

>>14984307
Yeah but with SFR you have two buyers demand streams, investors and occupants. With multifamily you only have occupants.

Sfr is better for me right now since I can just take on 1 or 2 units at a time and manage the rehab with a few texts or emails while I wagecuck at defensecorp for 6 figures.

I also have a theory that the wealthy are bidding up multifamily prices to unreasonable levels since there is nowhere else good to park money right now. But the single family level isnt worth their time so there are more good deals to be found (still not a lot)

>> No.14984429

>>14984264
Just so you know, you can fix up SFR and make a lot of fucking money. Generally you have to look for off market deals, or mispriced "just on the market" deals. Helps if you're an agent, so you can handle the transaction for the seller, (this is basically the foundation of Marcus & Millichaps' business model, except they work with commercial property owners).

I'd even say it's easier to find a bargain in SFR. Larger/less sophisticated market. The problem with SFR is that you have to either put in a tenant or sell. You have to move faster, so to speak. Every month of inaction is money down the drain. That's not the case with multifamily, because almost every buyer wants it to be occupied.

>> No.14984515

>>14984429
Yeah that's the kind of deal I'm working on right now. Picked something up for 80k that appraised at 95k as is. Putting in 15k of work redoing the kitchen and adding a bathroom. Already have it rented for $1400 two year lease. Should appraise at 125k when I'm ready to refi. Acquired it with hard money so closing costs were a bitch but all in all after the refi I should have something cashflowing $700 a month with a 10k net investment.

I could probably sell it at 125k pretty easily but I wanna hold it indefinitely. I'd at least wait a year so I could 1031 the proceeds instead of paying short term capital gains

>> No.14984777

>>14981375
>leveraged long on the bubble
the most irrational answer disguised as a sane answer

>> No.14985103

>>14984777
Retard

>> No.14985136

>>14984515
Seems fine, just remember you want your assets to be 2X your liabilities, excluding the amount you can finance with your dayjob. So if you make 120K/year, you can easily service 4K/mo or a 600K mortgage, if you're frugal.

So if you have 4M of properties, you really don't want to owe much more than 2M on them. Although since you can service 600K yourself, you could go up to 2.6M in liabilities on 4M of properties and still have a <2X leverage adjusted for your dayjob.

That doesn't mean you spend 4M on them, aim to spend >25% less. So let's say you spent 3M and took 2.4M of loans out. Now your net worth is 1.6M, and you are relatively well positioned for a market downturn, compared to most REITS that are levered 3-4X.

You have 4M of properties, theoretically could service 600K of the debt with your dayjob, and then there's 1.8M of remaining loans you have out on 4M of properties. This is very safe compared to what most people are doing.

>> No.14985223

>>14983947
Imagine staking with 100 MNs
25k$ worth of XSN at almost ATL and before DEX

>> No.14985236

>>14981135
wait until crash and invest in S&P 500

>> No.14985260

>>14981135
By giving it to me to invest wisely for you

>> No.14985270

>>14985136
Have any books or material you could recommend

>> No.14985275

>>14981135
>~150k USD
>cricket wireless

Why

>> No.14985281

>>14985236
Why not the total stock market?

>> No.14985282
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14985282

>>14981135
>using Bank of America

>> No.14985338

>>14985281
i dont know... feels like s&p has a more stable growth after a crash

>> No.14985350

>>14985275
Lol

>> No.14985392

>>14985270
https://www.linnemanassociates.com/real-estate-finance-textbook

This one is the best, but you can prob find a torrent and get it for free.

>> No.14985427

>>14985392
Thanks. Do you do this full time or part? This is where I want to my put focus after link blows up. The job I have I only work half the year and I'm trying to double or make more than what I do from wageslaving

>> No.14985753

>>14983394
Ok retard

>> No.14985806

good fucking lord OP i hope that this is your inheritance or something, you've probably already missed tens of thousands in returns letting it sit there

>> No.14985817

>>14981135
If you are serious, you should really talk to someone who knows what he's doing. Want my discord?

>> No.14985847

>>14981135
The retarded way is to buy into crypto because that shit is too risky. Create a business online and generate even more capital. THEN when you have solid income you can buy into shitcoins and BTC

>> No.14985890

>>14985806
>you've probably already missed tens of thousands in returns letting it sit there
i know, im stupid

>> No.14985997

>all this bullshit advice

ALL IN LINK FAGGOT

>> No.14986004

>>14984777
You dont think nows the time? Not him but ive been debating buying a 10unit property since i can cover the downpayment but ive never spent this kind of money before. i do think the bubbles probably gonna pop but people have to live somewhere anyway right

>> No.14986013

>>14981135
Two words.

Compound interest.

>> No.14986081

>>14981135
Idk make a down payment on an apartment.

>> No.14986383

>>14981349
is it good?

>> No.14986396

>>14981432
>I keep hearing horror stories about rentals
Don't rent to niggers. Ever.
Problem solved.

>> No.14987048

>>14986396
Horror stories from rentals generally start when you rent under 750 credit score. Keep in mind that the average credit score is like 695, so accepting 650 and over like most landlords can get you some pretty bad tenants. I'd rather charge $100 less and get a 750+ credit score that can pay the rent 5x over, and won't potentially cost me thousands in repairs.

>> No.14987071

last time you posted this thread u had basically everything suggested to you

make up your mind or make like a tranny and off yourself

>> No.14987081

>>14986013
you can compound daily my ass with interest.

>> No.14987095
File: 63 KB, 1337x1289, 1483932203560.jpg [View same] [iqdb] [saucenao] [google]
14987095

>>14982886
>100k
>real estate
yea dude go rent out a gazebo in west palm

>> No.14987099

>>14986081
Individual apartment provide little opportunity to add value, and have a lower quality of tenant. I'd almost always choose SFR over a single apartment.

Even worse, some apartment complexes have HOAs and restrictive policies that don't let you AirBnB your place.

Using Airbnb can be really important in some areas, especially since home buying season and rental season can be the opposite in a lot of area.

So you can rent out November through March, to people going on the holidays, and then put the place on the market to sell from March to August. Homes sell faster and for higher prices in Spring/Summer.

>> No.14987115

>>14981432
dont ever fucking all in crypto unless you dont give a flying fuck if you see that money tommorow, especially if you're not experienced with high volatility. 30% crypto is my max allotment.

>> No.14987134

>>14987095
syndicate a deal, putting $100k in the deal is "having skin in the game" and investors will be more comfortable giving you money

>> No.14987148

>>14987095
100K is plenty to get started in real estate, especially if you have an income to show.

Through the FHA loan program, you can buy a place such that 50-56.99% of your income goes to service the loan.

So if you make 120K a year, you might be able to fund a $5699/mo mortgage/property tax/insurance bill. That could mean a place worth 1M+, depending on property tax rates, and you'll prob only have to put 35-40K down.

>> No.14987159

>>14987134
Also a good idea, although I'd always do a first deal with an FHA loan. Then your 2nd deal could be syndicated so you have something to show potential investors, and a good excuse to beg for money.

>> No.14987169

>>14981135
Right now don't do anything with that money, Just keep it there. When the recession hits in probably 2020, Put all of that money into AT&T stock. Pays dividends 2$ annually(0.54x Four quarters). It will drop to around 20 something dollars when the recession hits, 148,000/22$=6727*2$= $13454*.12(Taxes)= $11839/12 months= $986 per month or $2959 every quarter when dividends get payed out. Either that or learn real estate, Or stake crypto.

>> No.14987182

>>14987169
He's trying to make money, not retire.

>> No.14987193

>>14987182
He said passive income, That is passive income.

>> No.14987217

>>14987169
imagine the money market collapses and you just fucked over this poor anon. there's a good chance the next "bubble" is a a currency based one - china vs. us devaluation

>> No.14987250

>>14987217
That's why I said keep the money there until it crashes. If you put money into the stock market before it crashes then that's your fault for not looking at the signs. I'm saying AT&T because for the past 10 years it's been hovering between $25-$33 so it's very stable.

>> No.14987264

>>14987250
For dividends that is

>> No.14987280

>>14981135
All in bitcoin.

>> No.14987300

>>14987250
Hence, You should not have money in the stock market for the next 2 years, Shit is dangerous. Although I wold advise OP to buy some silver and gold if he doesn't have some.

>> No.14987382

>>14987250
AT&T has a lot more debt after the Time Warner deal, although it hasn't gotten cheap enough yet imo. December, it was pretty attractive but not enough to warrant a buy.

I would stay away from stocks unless you are a trader though, theres generally not a good risk/reward ratio out there.

Real estate is safer, you generally know if you've made money the day you close the deal. Its a much less efficient market. I haven't honestly bought a stock since 2016, when Bank of America hit $12. Still holding, because their earnings have been growing and growing, but I'm probably going to trim my position at $34-35/share.

I got really close to buying Starbucks when it dropped early 2018 but it never got to my bid of $44/share, which would be 33% less than my conservative estimate of intrinsic value per share at the time of $67, which is generally what I aim for when it comes to companies with S-tier financials & brand.

>> No.14987426

>>14981619
Please be advised: >>14981513 is a true brainlet and doesn't understand how inflation works, silver's current trend, or that we're nearing a gold standard.
Silver is a wise investment. People here will tell you this is wrong, but they surely DO NOT comprehend what is coming.
https:// www.youtube.com/watch?v=VMCu9GWpgzg
These are NOT shills.
Next, do some research on some lower cost tokens/coins. Once you've found some you're confident about, put some in LINK like you decided and then whatever else the other coins were if you're looking for cryptos. If you're thinking passive income look at Stakenet (XSN)'s MNaaS. These things will make very good money. You can set them to move all rewards in to BTC, which you can HODL until the golden bull arrives so that you'll never work another day in your life.
You could also do dividens like others here have suggested, which isn't a poor decision.
Finally, properties have the highest floor for any of your options, but that value likely won't really shine in our generation, so that's a generational investment, if that's what you're looking for. Therefore, this likely isn't a route you'd want to take if you're just looking for passive income.
Personally, I'd opt for XSN's MN service if I were you. It's simple, has enormous room to expand, and if you have any sort of technical competence, it will be an utter breeze to set up.

>> No.14987496

>>14987250
are you saying keep it in cash/cash equivalents? if monetary policy destroys the dollar, buying power dissolves and the cash is worth less. if he holds literal cash (ie not bonds) then he's also losing an additional ~2% from inflation.

a more aggressive play rn is precious metals and common metals. when in doubt, but the things that are used to make other things - silica/bronze/nickel/copper/etc

>> No.14987549

Investing in Stocks is overrated. It's such a slow grind.

And you have to get very very lucky if you want to 2x or 3x your money, in the short to medium term.

Also don't listen to the guy who said to invest in AT&T stocks. The telco market is dying, trust me.

>> No.14987759

>>14981135
If you’ll settle for 8% you can just buy some USDC and let it sit in a NEXO account. Literally risk free

>> No.14987788

>>14987549
>The telco market is dying, trust me.
How? What about the 5g thing

>> No.14987985
File: 17 KB, 480x318, 4609464.jpg [View same] [iqdb] [saucenao] [google]
14987985

>>14985275
>why
cause LARP

>> No.14988013

>>14987759
That seems like a briliant idea.
Take 100k and do the thing you said and then use the rest to buy XSN masternodes and you'll for sure be very comfortable.

>> No.14988042

>>14987169
Holy shit i was thinking the exact same thing

>> No.14988092

>>14988042
you literally must be retarded then
how can someone acknowledge that fiat is about to plummet but their next sentence doesn't include anything about buying gold or silver?

>> No.14988121

>>14988092
Im not buying some gayass metal

>> No.14988127

>>14981214
>Hurrr, durr i spent 150k for something that my phone does

You must be somekind of genius anon. Probably this brain of yours made you rich Pajeet,

>> No.14988165
File: 37 KB, 645x773, 1562193670900.png [View same] [iqdb] [saucenao] [google]
14988165

>>14981214
>>14988127
>I purchase attire with my money.
And you retarded ass boomers wonder why we're on the cusp of the collapse of the greatest country this world has ever known's currency.

>> No.14988253

>>14987115
depends on your capital

if you have <100k, all in crypto is arguably the only sane position

>> No.14988267

>>14986004
if you want 10% annual returns as your best case scenario and being underwater for 20 years as your worst case

>> No.14988269
File: 119 KB, 570x737, DEW Calendar 7-8-19.png [View same] [iqdb] [saucenao] [google]
14988269

>>14981135
dividends

here is my Do the DEW calendar:
Dividends
Every
Week

The black are the companies I own and the red are on my watchlist. This is a calendar based on payment dates

>> No.14988333

>>14983169
>low iq /biz/ brainlet thinks he can predict the crash
>retard doesnt realize that in the clown world timeline that there is no market logic

stay poor fag

>> No.14988402

>>14988333
there's the deluded and blackpilled /pol/cel
we learned how inflation works a long time ago, you're just too stupid to see it.
1913 central bank
inflation doubles every decade
now that you know those two things, recognize gold and silver trends
NOW look at the recent FED appointment by POTUS.
now do you understand?

>> No.14988419

>>14983315
That guy is a brainlet thinking he can predict the next crash in the clown world timeline, but in reality, the USD will probably get stronger because the rest of the world is fucking failing miserably. The Yuan, Euro and other 3rd world shit holes have NO WHERE to go except load up on USD with the intent of hoping and praying the US doesn't go under. The EU is failing and China is being shown to the world as the Paper Tiger it really is. It's more of a "USD is going to get stronger because everything sucks so fucking bad." The USD is fundamentally fucked like any inflationary Fiat currency, but you cannot deny the strength of the United States and its economy. This theory really plays into how the US achieved power in the world historically anyway. "We gain more wealth and power this era because everyone else, including Europe, fucking sucks."

>> No.14988432

>>14981524
t. Retard in 2018, 2017, 2016, 2015, etc

>> No.14988444

You don’t need to turn that into passive income, you can run a node for NOIA instead pal.

>> No.14988471

>>14988444
why is NOIA better than XSN?

>> No.14988502

>>14988402
The overall attitude towards money has changed. Commodity money is a thing of the past. People want to be able to move money instantly and you cannot do that with gold back currency. There is not enough gold to suffice. Not enough silver either. Fucking retards like you unironically think $40B or so of silver is enough to handle the money supply of the United States. It's not the 1800s anymore retard

>> No.14988506

>>14988402
gold has gone up 10x as well in the last 20 years

>> No.14988573

>>14988502
I actually think this is a phenomenal point.
We genuinely HAVE to have crypto options.
Still, there's no reason to bury your head in the sand and insist the USD doesn't dip like mad once inflation doubles again. POTUS is very clearly trying to get ahead of this, then, by looking to return to the gold standard. This means silver and gold will shoot up just based on the need to circulate alone.
Where you're making the mistake is thinking that because we need crypto currencies now that silver won't still be useful. You're being delusional. You think more people know how to use crypto than those that don't. This is very very wrong and will clearly cost you some money over the next couple of years.
>>14988506
we never left the bull market

>> No.14988578

>>14988269
Absolutely based and redpilled anon. Would you gauge any of those as like medium-high or more risk? Or at least the black ones

>> No.14988781

>>14988573
Well I'll concede and say that maybe there is a chance that the USD is reverted to Silver backed temporarily. Maybe 1 - 5 years while the new iteration of the USD is worked on. I cannot get behind any new iteration of the USD unless it is separated from the Gov. Just like the US separated religion from the Gov 250 years ago, it's time to separate money and government. The temporary revert to silver backing could net a solid gain in speculation.

>> No.14988924

>>14988781
Read Alexander Hamilton on Central Banking. The dude made a lot of sense.
Just because someone poisoned something that was once good doesn't mean those changes can't be reverted.
Don't misunderstand though - I don't know THAT much about all of this. I can see us moving toward a crypto of some kind that lets you interact with PMs or something... Hell, I don't fucking know. My role is milking what they come up with, not coming up with things.

>> No.14988946

>>14981135
run a dash master node but wait for the price to drop

>> No.14988981

>>14988502
>People want to be able to move money instantly and you cannot do that with gold back currency.
Why not?

>> No.14989051

>>14988981
Are you being serious?
If someone in Idaho wants to buy your banana sculpture on ebay, you're going to accept gold through USPS when you could click a few times and have some crypto currency?
If you don't see the appeal here, your lunacy will drown out any potential contributions to the conversation we were having.

>> No.14989224

XSN is about a 17% return yearly and you can lightning swap the returns to BTC to cash it out through whatever fiat gateway you use.

>> No.14989873

>>14989224
Wait anon. That's not all XSN offers. There's loads of ways to earn passive income from MNs. DYOR

>> No.14989942

>>14981465
same bro

>> No.14990100

>>14988981
It's not so much that you *can't* do that with a gold back currency. The REAL problem with commodity backed currencies these days is what happens when everyone wants to redeem the notes for Gold? Then what? They had this problem back in the 70s when the US population, and world population was almost HALF of what it currently is. France wanted gold in exchange for it's USD notes and Nixon had to take the gold standard away, causing the Nixon Shock. Keep in mind, that was also a time when you had to go to a bank to do banking or a telephone which added obvious delays. Now you could instantly demand gold/silver redemption via the internet. It's simply a precious metal supply problem. There isn't enough to go around if people want to redeem the notes, and there is not enough precious metals like silver to keep enough money circulating without drastically over leveraging the country's precious metal supply.

However, as I said earlier, maybe a TEMPORARY reversion to Silver standard for a couple years would work in order to destroy the USD fiat iteration and set up for a block chain, cryptocurrency-esque USD.

>> No.14990421

>>14981359
>>14982624
Do retards actually believe this?

>> No.14990492

Put some in a Roth IRA and 25% down like 2 houses with a 30 year mortgage. Make the houses look pretty and rent them out and maybe get a refinance so you can get even more money. If everything goes well buy more houses and rinse and repeat. Easy stuff man, you already got the capital you can easily grow it to millions.

>> No.14991424

>>14982090
I hope your not implying that seeking rent is rent seeking.

>> No.14991554

>>14987382
Cuck, I bought SBUX at $43 and it’s almost $100. You have no balls

>> No.14991619

>>14991554
I bought Bank of America and it's 3X'd almost. Btw, I'd have sold out of my Starbucks position at $85~ company is overpriced as shit, especially since new competitors like Luckin are entering the Chinese market which their future growth relies on.

>> No.14991671

Buy a Canadian stock called LBS. 15% per year paid monthly, so around $1700 per month. I've been doing it for the better part of a year and using the dividend for other stocks, passive mortgage, or paying debt. Just hold LBS while you orchestrate your real plan, make sure your money is working for you on a monthly basis.

>> No.14991705
File: 408 KB, 500x345, Attach18611_20190718_223820.gif [View same] [iqdb] [saucenao] [google]
14991705

Is OP worthy of LINK?

>> No.14991706

>>14991705
Stinky

>> No.14991707

>>14987549
Yea I'm that guy, You do realize AT&T is not just telecommunications and owns 99% of internet fiber in america. They own almost every cell tower. The government uses AT&T's service lines and cloud data storage. They will be the providing in service in America for internet in the future. You also do realize they have been around since the 1800's working closely with the government developing tech and communication methods.

>> No.14991711

>>14991707
Well they already are, But cloud computing service is what they will provide for Americas internet in the future.

>> No.14991722

>>14991619
Sold my SBUX calls today and kept the shares, the shares will give a little dividend change which is nice.

>> No.14991734

>>14990492
>2 houses with a 30 year mortgage. Make the houses look pretty and rent them out and maybe get a refinance so you can get even more money. If everything goes well buy more houses and rinse and repeat.
Not too hard but not too passive either.

>>14981135
Put it in REIT's. Legally obligated to pay 90% in divs, Dividends have tax advantages too. O, LTC, IIPR are some of my favs, you can expect 8-10% annual divs, stocks are 5% at best, best life insurance divs are between 4-6% but that has tax advantages too. real estate crash fears are overblown, market dependent

>> No.14992211

>>14983452
DAI is a stable coin, so it will always be worth roughly what he put in. If the US dollar loses value, DAI doesn't

>> No.14992331

>>14991711
family member of mine worked at at&t, this is real. it's actually insane.

>> No.14993244

>>14981135
how did you acquire such capital?

>> No.14993358

>>14981135
steven312312@protonmail.com

>> No.14993427

>>14981200
Because you could get more with bank loans or equity deals if you'd really have a business for example. When creating passive income money is only the problem in a way that makes you prone to wasting it on irrelevant shit like ad agencies or coders for stuff that nobody will ever pay your for.
You just have to try out as much as you can including reaching out to people who already had success with creating passive income and and keep your expenses small that is no more than 500-1k$ on ads per biz idea

>> No.14993852

>>14989051
A gold back currency doesnt mean actual gold

And you could have a gold back crypto currency, it would be difficult to implement because you'd have to trust a centralised institution to issue the currency and keep their word that each token was worth so much gold and that you could exchange it at any time, but its technically possible

>> No.14993966

>>14981304
Leaving it in a boa acct is literally the worst choice. At the very least put it in an high 8nterest savings account. Maybe buy some CD's? Increase your risk? Then take your daddy's money and open an account at fidelity, Schwab, vanguard, etc. More risk? Stocks, crypto. Fuck everything, hookers and blow? See you in Vegas. Just don't leave it sitting in boa... Fucking hell

>> No.14994361

>>14993966
This