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/biz/ - Business & Finance

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16641782 No.16641782 [Reply] [Original]

how do i turn 150k into passive income?

>> No.16641814

>>16641782
By handing it out to people who pass you buy one dollar at a time

>> No.16641846

>>16641814
how does that give me passive income u dumbass?

>> No.16641863

Drop it all in the Tesla stonk and forget about it

>> No.16641878

>>16641782
Find some flyover that wants to be relevant and flip houses.

>> No.16641881

>>16641863
buy the top, riiiiiiiiiiiight
what are some stable stonks that pay divies?

>> No.16641905

Real estate..
specifically rental properties
sucks being a landlord
but you get money every month

>> No.16641911

>>16641782
Peer lending, 10-15% interest

>> No.16641949

>>16641782
rent a fleet of cars to people who want to be uber drivers, 10x 15K, they give you a nice chunk like say 40% of their earnings, lets say this pulls in 400 a month per car, now you got 4K passive, they are used to getting ass raped and they like it so they also agree to pay for own repairs, insurance and gas. Any problem they have they take care of it and not harass you.

3 1/2 years you made your money back on profits, trade in all vehicles for 70K every 5 years, get fleet of self driving robot cars with your profits.

>> No.16642015

>>16641881
You want levereged memeREITs like MORL MRRL REML which all have 20% or higher dividends. So for you that's around $30k per year just in dividends.

There is also CEFL and PCEF "closed meme funds" which get between 10%-20% dividends. Good if you want to diversify your free money.

Also look at some OTC Pink stocks, especially from Russia because of sanctions they all have huge dividends and they still grow as well. GZPFY is at 9% divs, also Mechel, Rosneft, Tatneft etc. Petrobas and one of the Dutch oil companies I also remember had high divs and nice growth.

>> No.16642283

>>16642015
sounds complicated

>> No.16642315

>>16641905
No it sucks being a property manager, which most landlords starting out have to do.

>> No.16642390
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16642390

>>16642283
My frend you must simply do the needful:
>open brokerage account (ameritrade, robinhood, etc)
>deposit shekels
>buy stocks and funds
>wait
>withdraw dividends

>> No.16642521

>>16641846
>no appreciation for puns
ngmi

>> No.16642549

>>16641814
>>16642521
Please explain how that was a pun. Puns are shit to begin with and this was a terrible pun at best.

>> No.16642569

>>16642549
People who pass him get income
>passive income

It was a shit pun but you guys are brainless for missing it

>> No.16642589

>>16642569
>OP used a word
>I used a similar word
>pun!
not really

>> No.16642715

>>16641814
Jajajaja comico

>> No.16642875

>>16642589
To be fair, maybe his name is Sim E. Lurr

>> No.16643090

>>16642875
...anyone?

>> No.16643530

>>16641782
Invest $60 in real estate. It's common to guestimate that you'll get $400 a month for every $100k in house price. So let's say that this gets you $1,200 a month or $14,400 a year. Invest the remaining $90k in stocks, and that will also get you around $9,000 a year.

>> No.16643540

>>16643090
No one?

>> No.16643603

>>16643530
how much house will 60k buy me?
>>16643540
what?

>> No.16643673

>>16643603
You can get a mortgage for 5x the down payment on a rental property. $60k will get you a $300k house, which is why I used the $1,200 a month figure.

>> No.16643754

>>16643673
>$60k will get you a $300k house
there is a certain level of delusion you can reach
you are breaking the scale

>> No.16643758

>>16643603
It was a funny fucking pun and no one acknowledged it

>> No.16643764

>>16641814
I laffed

>> No.16643782

>>16643754
People living in 300k houses have the be the biggest renting class in america.

>> No.16643788

>>16641782
Buy lifetime royalty rights to music

>> No.16643790

>>16643754
I love how /biz/ acts so arrogant while being so wrong.

https://www.lendingtree.com/home/mortgage/down-payment-for-rental-property/

20% down payment. For some people it's 15%, meaning you could get that $300k house for $45k. If he wanted to "house hack" and lived in the home, he could get an FHA loan for 5% down AKA $15,000.

>> No.16643888

>>16643790
How can you be so retarded and delusional at the same time?

>> No.16643900

>>16643888
yea buying a home right now scares me. if economy tanks and tenants leave il be fucked

>> No.16643903

>>16641782
Put 120K into QYLD and get a reliable 10% annual yield which will net you approximately $1K monthly. Then take the other 30K and go all in on SOXL and sell after you grow you investment by 50-100% and buy more QYLD with the proceeds.

>> No.16643918

>>16643888
>that mouth breathing /biz/tard who is utterly baffled by everything happening around him and responds with random condescending insults to people who state things that are basic knowledge

>> No.16643930

>>16643758
>>16643540
>>16643090
>>16642875
Seriously fuck you guys

>> No.16643985

>>16643918
>basic knowledge
You don't actually buy a 300k house for 60k. If that were the case, everyone would be buying mansions for 100k. Just don't like a big deal, it doesn't work like that.
>>16643930
Relax, dude. Everyone here is so mentally retarded that they won't process something so complicated for them.

>> No.16644127

>>16643985
Yah that’s the only reason someone wouldn’t appreciate sophisticated humor

>> No.16644215

>>16641782
if you have a spare 150k laying around somewhere, you might want to consult a financial advisor OP

>> No.16644241

>>16644215
y?

>> No.16644252

>>16644215
its all my savings but its just sitting my bank account doing absolutely fuckall

>> No.16644254

>>16642015
High dividend due to high risk yea?

>> No.16644272

>>16644241
for financial advice, my negro. a financial advisor will without doubt give you better invesment advice than /biz/ ever could. and if you have a spare 150k I'm guessing you can afford it as well, unless you are larping, which you probably are

>> No.16644288

>>16644252
if it's not a larp, keep in mind that you should never invest more than you're willing to lose

>> No.16644289

>>16644241
because youre too fucking retarded to actually do anything with it. people are giving you ideas and youre "muh its too complicated" brainlet-tier replies suggest that you are at the bottom of the spectrum, dumbass.

>> No.16644294

>>16644272
This is the true answer.
Expert's opinion vs The opinion of a bunch of retarded losers that delude themselves they will become rich with no effort

>> No.16644301
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16644301

>>16642015
>REML
thanks anon, just bought like 100

>> No.16644306

>>16644301
can a leafbro open up an ameritrade/robinhood acc?

>> No.16644308

>>16644289
your mean
>>16644288
thats why im scared to put it in the stock market. amd went from the 40s to sub 10 dollars twice which indicate it may happen again. knowing my luck il buy the top and have a 90 percent crash soon after

>> No.16644317

>>16643900
it won't tank though
past recessions are all manufactured
different time now

>> No.16644327

>>16644308
so dont get into stonks, but start researching things YOU want to invest in and start learning the game.

>> No.16644336

>>16643900
when economy tanks there are more renters, not less

>> No.16644363

>>16644272
>>16644289
Would it be wise for him to simply dump that 150k into the S&P 500 and let it ride?

>> No.16644368

>>16644289
This honestly. Most people are way too dumb to "flip" money or whatever, better to just have safe smaller returns than fuck all the money up

>> No.16644377

>>16644363
if you have to ask a question like that then the answer is automatically no
don't SIMPLY do anything.
especially that

>> No.16644381

How do I turn 20k into 100k?

>> No.16644407

>>16644377
Investing in the S&P 500 is as simple an investment as you can get, any fool can do it.

>> No.16644439

>>16644381
Multiply it by 5

>> No.16644450

>>16644381
>>16643030

>> No.16644453

>>16644407
and any fool will.
it's not the S&P.
It's the ALL.

>> No.16644474

>>16644381
patience

>> No.16644475

>>16644439
This is literally the stupidest board

>> No.16644479

>>16644453
150k isn't enough to diversify, all in the S&P is a good strat in this scenario.

>> No.16644490

>>16644453
>and any fool will.
Disagree, fools will either not even know what the S&P is or they will chase individual stocks.

>> No.16644498

>>16644479
upside is weak

>> No.16644499

>>16644479
Whats the maximum possible loss i would incur if there was a 2008 like crash?

>> No.16644507

$QYLD

>> No.16644515

>>16644499
Who knows? Probably not more than 50%

>> No.16644525

>>16644499
50-60%

>> No.16644532

>>16644498
6% and and 2% annual dividends reinvested on top of that DRIP style is not too bad...if the OP doesn't know what to do then the S&P or a Total Market Index is likely the best option for him.

>> No.16644542

>>16644532
*6% annual interest

>> No.16644552

FUCKING SIM E. LURR!!!!!!!

My sides

>> No.16644592

>>16641782
The only real answer here is staking

Anyone else isn't going to make it. Ferrum. Second round staking. Get in.

>> No.16644604

>>16644532
there are higher dividend stocks with lower risk he could easy pick up for an additional 1-4 %

>> No.16644612

>>16644604
such as

>> No.16644615

>>16644515
>>16644525
R u fucking kidding me?

>> No.16644626

>>16644552
Settle down there champ, it wasn't that funny.

>> No.16644671

>>16644612
anon suggested some leverages REITs to pick up some sweet divs

>> No.16645053

>>16643985
Do you not know how loans work? Jesus, dumbest fucking board here. The $60k is a down payment for $300k which you use to buy a $300k house.

>> No.16645080
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16645080

>>16641782
divfren here, dividends are your fren

pic is my current divvy portfolio (i also have growth stocks in mutual funds). this portfolio is approximately $160K and provides me with about $5K in passive income every year and growing every year due to dividend increases alone.

Black are the companies I own. Red is my oldish watchlist. Always looking for the next undervalued dividend stock

>> No.16645093

>>16645080
Thank you for this

>> No.16645101

>>16644626
Did you miss the subtle nuance?

>> No.16645108

>>16645093
don't fall for a high yield trap. look at good companies with good financials. investopedia is your fren

>> No.16645118

>>16645108
>>16645093
also FINVIZ dot com

their stock screener takes some knowledge to use properly but it is pretty great tool for being free

>> No.16645371

>>16645118
Was it made by Dr. Fin Viz jr.?

>> No.16645827

>>16644474
God tier tip. It's just one word, but fuck is it hard sometimes. I watched my crypto go from 25k to 115k back down 26k. I wont make the same mistake next bullrun :)

>> No.16646876

>>16645827
Lol old Miss Take she’s full of lessons ain’t she, boys...

>> No.16647101

>>16641949
>>16641782
every Armenian in Glendale does this and also drives uber so it's a good idea

>> No.16647657

>>16641782
Stake it into CENNZ, no seriously, they are growing rapidly and will definitely 100x in 2020

>> No.16647673

>>16647101
no we dont, some of us are boxing instructors

>> No.16647685

>>16643530
>Invest the remaining $90k in stocks, and that will also get you around $9,000 a year.

How do you figure?

>> No.16648616

>>16641782
All in ALGO!

>> No.16648621

>>16641782
You turn that into passive income by growing it substantially larger and then investing it into passive assets in 10 years?

>> No.16648632

>>16641949
Not a bad post

>> No.16648645

>>16648621
Also, how much passive income do you need?

If you want $20k/year? Buy a NNN retail franchise property and mortgage the rest.

If you want $25k/year? High risk dividend stocks.

-$100k to + $250k? Options yolo or a growth stock.

50k? Start a small retail/ebay business.

$100k? Smart a small retail/ebay business and do well.

$100k+? Business again.

>> No.16648655

>>16644377
Why wouldn’t you just dump it into an index fund for comfy long term 10% gains compounding each year?

>> No.16648915

>>16647685
Average return on the S&P 500 is 10%.

>> No.16648994

>>16641782

45% SPY
50% BTC
5% ETH