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/biz/ - Business & Finance

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16946156 No.16946156 [Reply] [Original]

What are your favourite passive income streams and why?

>> No.16946219

>>16946156
Bumping for compound interest

>> No.16946262

HEX: I don't have to do anything once I'm staked except wait. About all other "passive income" projects like Chainlink require me to run a fucking node. Fuq that,

>> No.16946310

Royalties from music

>> No.16946364

>>16946156
I've been making twitch stream compilations on youtube, most videos get around 10k view but about 1/10 videos consistently reached 500k+ views which made a lot of money. I keep uploading around twice a week but even if I stopped, the videos that are up right now make me about 1.5k dollars a month. Thinking about getting into tik tok compilations but I don't know their social dynamics and how to market to them.

>> No.16946413

>>16946156
small business like a laundromat, Laundromats will be profitable in the coming decade due to a economic depression and people still needing to wash their clothes while not owning a washer themselves or needing to use powder instead of the expensive pods which is much cheaper to use. Rental properties will be good, It's not worth buying them right now and dividends are not worth investing in stock until the recession we are overdue for(2 and some years currently). I would hold all your money for now and when it hits buy up single family rental properties and cheap stock such as at&t.

>> No.16946424

>>16946413
Dividends are actually great to invest in at all times. They're not as price stable a as bond maybe, but usually a stock crash should not lead to big boys cutting their dividend, so it's a way to earn passive income while buying more at cheap prices. It's all about time in the market, not timing.

*Sip*

>> No.16946450

>>16946424
There's a lot of corporate debt and consumer debt, People will be selling and I don't buy that outcome. So much debt that next recession will most likely be a depression infact. 85% more debt than in 2008. Most of my money is in gold but I do have 30k in a savings account waiting to snag shares when the price drops. 30-40% price drop in rental properties when the housing bubble pops.

>> No.16946475

>>16946450
when's that depression coming tho?

>> No.16946504

>>16946475
just around the corner

>> No.16946513

>>16946504
I've been listening to people say this for years....

>> No.16946536

>>16946156
I have some from P2P lending and some from dividents, but it's not even close to be enough to survive only from it.

>> No.16946548

>>16946536
Any good p2p sites for a eurofag?

>> No.16946587

>>16946548
Mintos works out okay for me

>> No.16946592

>>16946513
People speculated the recession in 2018 because of the notion that the longest recessions we've ever had in the usa were at most 8 years and we're already two years past that. The last time the economy went 10 full years of expansion was right before the stock market crash of 1929 and then in 1932 the full recession which turned into the great depression. During 1929 people were buying stocks even though they knew people had debt and the economy was about to crash, Similar to our position today. This is the longest expansion of the dow jones in the history of america even surpassing the roaring 20's expansion which is what fueled the great depression was because of all that debt. I repeat this is the first time in the history of america this has happened. The ending is not going to look pretty, No one knows when it could pop in 2020, it could pop in 2021 but you better be prepared to cash out or be smart enough to or you are going to get assrapped and lose all your life savings.

>> No.16946620

>>16946592
*because of the notion that the longest EXPANSIONS we've ever had in the usa were at most 8 years

not recessions my bad. Either was this is completely unique and the first time america has ever gone 10 years into an expansion with this much debt. People that doubt it will happen will take the hardest fall if they are not careful.

>> No.16946635

>>16946364
How can you market twitch compilations?

>> No.16946663

So in what should we invest?

>> No.16946684

>>16946364
how do you gather material though? Do you copy pasta material from other compilations or do you actually watch streams and extract special clips from there? Watching all this material seems to be incredibly time consuming

>> No.16946828

>>16946684
Yes doesn't sound very passive to me

>> No.16947098

>>16946828
sounds easy once it's setup but still, you'd have to get people to watch your vid and be able to find your vid in those other twitchvids

>> No.16947114

>>16946156
If you're not a total dunce you could easily get 4% in divvy stocks per year. About 6k/yr not including taxes and assuming the stocks keep their value/divvy.

>> No.16947154

>>16946684
hint: look at the audio channel

>> No.16947283

I have about €1000 Thatt I want to invest in something. I heard dropshipping's nice but I don't really trust it. Not too sure what to do. Waiting for that excellent idea :) anyone?

>> No.16947313

>>16947114
>>16946424
>oh boy i love losing compound interest due to taxes
wdpdt?

>> No.16947357

>>16947313
>You wouldnt lose it anyway in taxes, or say rental property upkeep etc, and this requires any real work at all.

>> No.16947905

>>16947313
Taxes are a percentage friend. Hope this helps.

>> No.16948564
File: 233 KB, 1216x519, US_one_dollar_bill,_obverse,_series_2009.jpg [View same] [iqdb] [saucenao] [google]
16948564

>>16946262
Redpill me on HEX

>> No.16948925

so what actually are some good passive income streams that are easy to get?

>> No.16948932
File: 66 KB, 1024x682, VeChain4.jpg [View same] [iqdb] [saucenao] [google]
16948932

>>16946156
surprised nobody has mentioned this

>> No.16948973
File: 76 KB, 249x240, file.png [View same] [iqdb] [saucenao] [google]
16948973

>>16948932
>>16948564
>>16946262
shitcoins

>> No.16949013

>>16946156
Heres the most important thing to know about passive income:

Everyone wants it and only rich people get it. If you have 500k-1.5m or so to dump into a franchise, you can make it happen.. but franchises, fast food etc are what everyone wants.. and so you need to resort to lesser franchises that most people ignore, like ones that buy up property at pennies on the dollar from bank repos etc, fix em up and sell them.

WATCH THIS CHANNELS VIDEOS

https://www.youtube.com/channel/UCohLbi3_pPjok77y6El3EHg

He makes videos telling you all the things you need to know BEFORE you invest, that the corporations WONT tell you. Dont get suckered into something you regret if youre putting that much money into it.

>> No.16949090

https://www.youtube.com/watch?v=t8fzBqgkemk
What are the Most Profitable Franchises?
https://www.youtube.com/watch?v=P2F7RFo4_Jg
Most Profitable Franchises in 2019
https://www.youtube.com/watch?v=LPGp72KG8Yk
Passive Income Ideas for 2019
https://www.youtube.com/watch?v=WOYFxmNb0QU
We Buy Ugly Houses is a...... Franchise?
https://www.youtube.com/watch?v=zi7o6OTfIN0
#1 Reason for Franchise Failures (And How to Avoid It!)

If you dont watch this channel before pursuing passive income youre doing it wrong, the guy did a real service.

>> No.16949149

>>16946364
thank you for contributing to youtube cancer, here is 1.5k in monopoly money

>> No.16949261

seems like stakeinlinkies.com is the next best thing

>> No.16949727

keep on rolling

>> No.16950032

im probably gonna get called a shill, but i get 10% P.A. earnings paid out weekly in the same shitcoins i have locked in the crypto.com app, and 14% on stablecoins when i lock them up for 3 months. I get 2% extra P.A because i have locked 5000 MCO, but users with no lock get 6% P.A on most coins and 8% on stablecoins IIRC.

I have made €1800 ish passively on my crypto on this since june 2019. You have to trust the company though, but i have been with them since literally day 1 so i trust them.

Might be too risky for some, but its money i can afford to lose anyway.

>> No.16950068

>>16946156
shorting bitcoin after an ath is pretty good passive funding is almost always positive

>> No.16950663

>>16946536
how does this work? I have some money coming in after I pay off a loan and thinking of throwing it in either crypto trading, stock/bond/fund, or a business.

>> No.16950691
File: 47 KB, 560x673, fragbox.png [View same] [iqdb] [saucenao] [google]
16950691

>>16946156
frag token on tron

its a deflationary but has some dapps which pay passive divs through volume.

im up like 3x frags (and 10x trx value) in 6 months, course its slowed down now

but likely +5% a month still

>https://fragtoken.io
you need a wallet like tronlink

>> No.16951801

Bump

>> No.16951829

>>16950032
shill

>> No.16952781 [DELETED] 

>>16946684
how tf are you not getting demonetized on every video

>> No.16952840

>>16946364
how tf are you not demonetized?

>> No.16952953

>>16946156
>CEFL/CEFZ ETNs
>EDGE network nodes

>> No.16953806
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16953806

I guarantee you the guy who wrote that ebook about making passive income only makes passive income from his ebook

>> No.16953881

>>16950691
Interesting
How much rich can i get with 15k tron

>> No.16953887
File: 237 KB, 1456x1568, Untitled.png [View same] [iqdb] [saucenao] [google]
16953887

>>16946592
hey look another bunch of retards that have no idea how money works. heres a clue - central banks inflate the money supply and use it to leverage the creation of assets. dollars lose value. assets are priced in dollars. therefore price of assets rise. assets are used as leverage to create more money and more assets. this is how you terraform a fucking planet. you and every other moron that keep calling for the end are the reason this thing will keep going up until the fucking world implodes.

>> No.16954097
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16954097

>>16949013
thank you based anon. this is a very rare find in today's social climate.

>> No.16954449

>>16949090
>>16949013
The only good posts in this shit thread. This guy's a rose among thorns.

>> No.16954637

eth tokens are good a paying dividends I hold a fewof those
https://medium.com/@satoshiknotabolo/bitcoin-won-watch-it-drink-everyones-milkshake-acf75460e8af

>> No.16955270

>>16946450
Where are you from? I am also waiting for a BIG drop in housing's but I assume there will be more than 40% to anticipate, something like 60 imo

>> No.16955489

>>16953887
This is how I know we're at the peak. You were probably playing Donkey Kong with your momma's titties during the '08 recession. Fuck off, millenial.

>> No.16955497

>>16946592
Stop doing adderall. Tldr

>> No.16955793

>>16953887
>supply and use it to leverage the creation of assets
what does this mean?