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I need passive income

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Thread replies: 28
Thread images: 4

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Best way to invest 1k?

dont bullshit me
>>
>don't bullshit me

There is no such thing as passive income. Get a job you fucking NEET.
>>
>>2079641
Actually fuck that show me how I can track the values of cryptos in real time? I want to experiment and pretend to invest my money before I actually do it
>>
>>2079641

Residential REITs.

They pay monthly interest.
>>
>>2079650
I worked overtime this week actually, im a (22 y/o) cook, its really tough and i don't want to do it the rest of my life
>>
>>2079654
>>2079641
buy a webcam, buy knee pads, suck dick on cam, post on website and charge membership fee
>>
You can hardly do much with $1k. Get a second part time job and save the money and then maybe invest in something worthwhile.
>>
>>2079641
Go to your local casino roulette table and put it all on red.
>>
>>2079654
Is this a real question
>>
>>2079661
Point still stands. No matter what you decide to invest in you still need to babysit it. Educate yourself on what you're getting into and keep up with it. None of it is "passive income" so get that out of your mind right now and you'll be richer down the road.

Since you said you don't want to do that for the rest of your life, find another skill. You could invest your 1k into learning a skill that will give you a different job.
>>
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>>2079655
>Residential REITs.
I've been thinking about this, how consistent are they with their dividend payouts? And is there any place I can see the different rates for various REIT's? They sound like a solid long term play but I want to do more research before I dive in.
>>
>>2079802
You need a good REIT first of all. Research the company. Figure out who they rent to. Diversifying is always good. You CAN choose one that will fail. Cheap can be risky, make sure the markets aren't too distended in or around their properties. When dealing with REITs I'd say diversify into all types. RESEARCH, RESEARCH, RESEARCH.
>>
>>2079802
Added note, look the REIT up through your brokerage. They show div payout history.
>>
>>2080449
Redpill me on REIT's
>>
Buy WAVES and stake them.. In a couple of years you want have to work anymore
>>
>>2079641
Put everything into the NASDAQ, apparently prices can keep increasing forever
>>
>>2080468
Make sure to hodl
>>
>>2080457
Good dividends to be had. 90 something % of profits go to shareholders as dividends. It's pretty much real estate ownership without owning land.

Example: SmartREIT gives you a piece of smartcenter earnings.
>>
>>2080509
Does it do relatively ok even when housing prices aren't doing well?
>>
>>2079641
suck dick while asleep
>>
What happens to REITs when real estate bubbles burst? It shouldnt affect the rent right?
>>
>>2079641
Buy DigiBytes

Alternatively, buy and stake PIVX for nice passive income.

Thank me later
>>
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>>2079650
>There is no such thing as passive income. Get a job you fucking NEET.

He hasn't heard of PIVX staking.
>>
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I set up a cool website for passive income.

It's not passive. At all.
>>
>>2079802
Google Finance shows the dividend payouts of anything they list.
REITs I'm in pay anywhere from 6-9% annually, paid out monthly or quarterly.
Pick something from different categories to get a decent spread - hospitality, office, industrial, commercial, etc.
There are also mREITs, but they don't own property, they own the mortgages, so they are recommended.
>>
>>2081610
They already have the space, the issue comes from whether it's rented and occupied or not.
>>
>invest 1k

Laughable
>>
>>2079650
>tfw making passive income from staking coins on POSWallet every month

Fuck off normie.
Thread posts: 28
Thread images: 4


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