ITT: ways to achieve passive income. I'll start:
>get at least a million bux
>invest on index fund with 10% returns
>100k/yr while doing jack shit
Is this a good way to do it? Planning to do it alongside a job and/or side hustle
>>1686037
Trade stock options
>>1686037
>yes
>you wont consistently get 10% return
>inflation will eat at your capital base if you do nothing else
>>1686292
reinvest 50k back into the fund each year, so long as inflation is less than 5% you're okay
>>1686297
which index fund gives you 10% p.a.?
What about a drawdown of 50% like in 2008?
>>1686037
I have a better one
>get at least a million bux
>invest on index fund with 15% returns
>150k/yr while doing jack shit
Buy a house
Rent it out to students
Pretend to be one of the students renting it
They literally pay you to party with them in your house
>get at least a million bux
>buy hella hos
>pimp 'em out
Easy af, tested and proven
>>1686037
Good thinking, OP, but 10%? Try 4% in dividends. You're never going to get such steady growth stocks that you can consitantly sell off, let alone make, 10% a year.
>>1686346
no no wait that's wrong
>get at least five million bux
>invest on index fund with 110% returns
>$5,500,000/yr while doing nothing
>>1686368
>Buy a house
>Rent it out to students
>Pretend to be one of the students renting it
>They literally pay you to party with them in your house
>they break things and disrespect your property
>you have to conceal your power level
>party but not too hard my friends heh-h-heh
>nothing personal, kid
>>1687258
>Buy a house
>Rent it out to students
>Pretend to be one of the students renting it
>They literally pay you to party with them in your house
>Eat their food all the time
>Enter their rooms to fart
>Be extremely loud on the phone
>Hide their cellphones in random places
>Cook stuff that smells bad
>Fap loudly
>Make motorcycle sounds with your mouth when they talk to you
>They complain they will report you to the landlord
>They threaten you to kick you out
>YFW
>>1687426
they kick you out
lel
>>1686037
>Get robinhood
>Buy CEFL, MORL, MRRL
>reinvest the dividend monthly
If your dividends don't come out to enough to buy another share buy WHLR with the dividends
Reason why i say to do it with Robinhood is because no fees, fees kill this type of investing.
>Buy land where they need cell service and lease land for a tower
>buy land and lease for pastor chicken,cattle,goat,sheep
>buy land and lease for other green tech
>dividends
>mutual funds