Passive income doesn't exist.
Prove me wrong.
Protip: you can't.
Passive income doesn't exist.
Prove me wrong.
Protip: you can't.
Dividend stocks
fixed income
Welfare, nigguh!
Balancer Pools
If you own a portion of a profitable company then yes, it’s possible. Your little brain isn’t powerful enough to understand these measly concepts.
Annuities
Are you retarded? If not, explain what you're getting at.
> dividends
> lending
> bonds (including risk free government bonds)
> rental properties
> interest on bank deposits
> etc.
Partial truth but some decent work can pay you forever
Based and redpilled
Inb4 seething from dividend aristocrats gang
I'd passively invest in your mom if you get my drift
this
H3X gives you nice dividends
how did you come to own that company?
and do you think a profitable company requires no work whatsoever?
Brainlet.
i will try again
just buy ES then it goes up then i make money
Living 4 years off passive income now.
Never worked a day in my life after getting a CS grad
In all seriousness: is there a problem with taking 3-5% off of yearly index fund gains?
>rental properties
>"Passive Income"
kek
You’re not really this stupid are you?
Passive income is passive income you fuckin mongol.
Ok you literally are retarded. "Passive income" does NOT mean that no one has to work to maintain the asset that generates the income. It means that the OWNER of the asset doesn't have to work for the income.
>I actively did something to obtain X
>therefore it's passive
I too am 34 and live with my parents.
I don't consider it passive income tho.
I do live with my parents, but I file more income tax than them.
It's not a thing to move out as soon as you hit 18 in Asian culture.
Look up the definition of passive income and stop wasting our time. Here's a very simple example of passive
> Person A has $500
> Person B needs $500 to buy a new TV
> Person A lends $500 to person B for 1 year at a 10% interest rate
> Person B now has to work to pay back the principal ($500) and the interest ($50)
> After 1 year person A receives $550
> the $50 is passive income for person A (but not for person B) because person A didn't have to work for it
The end.
/thread
Lol try owning a node
If you're creative, music royalties are the shit
Singapore?
>loans are always paid on time with no hiccups whatsoever
Passive income does not imply zero risk. If you had looked up the definition of passive income you would have known this..
If you want zero risk then buy risk free government bonds. That's the pure time value of money.
Music and film/television royalties are literally passive income