Passive Income General /PIG/

Discuss and share ideas pertaining to building a passive income
>Rental Properties
>Dividend Stocks
>Vending Machines
>laundromats

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none of those are passive

>turnkey operations
Not passive
>dividend stocks
Not passive

Why would you put yourself as a retard?

> dividing stocks

are you gay or something, just invest in normal etfs and you will outperform you gay ass dividend stocks that the only thing they do is divide your money

shhh we need brainlets to keep buying boomer stocks while we 100x on tech etfs.

>Vending Machines
Anyone got any experience with those? Interested in buying some

All of my divvy stocks are performers as well. It’s not one or the other. Consider investing in
>MSFT
>WMT
>MCD
>NEE
>HD
>KDP
>DUK

How is dividend stocks not passive? As long as you live it in it is passive.


I don't do divvy stocks often and always reinvest my divvy. If you pull out your dividend does that count as a short term capital gain? Even if the principle has been in longer than 1 year?

I know they are passive. I was replying to someone who says they aren’t

if I had a time machine I would. Getting enough now to make it worthwhile for divvies would cost a fucking fortune.

blue chip dividend stocks are the way to go. it's truly passive and stuff like general mills, verizon, microsoft, etc, isnt going anywhere. problem is you need at-least 600k invested at 5% dividend average to even get 30k/year, which IMO is the minimum to actually not-work.

Dividend stocks hugely underperform growth stocks. They are a boomer meme. Even SPY is preferable.

A dividend stock is one that pays good dividends, not one that you would need a million dollar off to even get a meaningful yield every year.

Investing in MSFT for it's dividend is like investing in AAPL because of its Chinese real estate.

Not true. Investing in blue chip divvies over time is a proven strategy. No one said get rich quick is the goal here

Based id
Based post

Rate my divvies
>MSFT $46/yr
>MRK $36/yr- probably gonna buy another 25 shares once I get paid to bring it up to $97
>JPM $61/yr
>BAC $72/yr
>AAPL $26/yr
>HD $44/yr
>UNH $36/yr
>V $15/yr
>PEP $53/yr
>SPY $97/yr
Probably gonna buy LMT this week too

Don't. They're a pain in the ass and if you live around diversity, you'll have to constantly repair as diversity loves to break into them.

Pretty great. Look into MO

Im not a dividend focused investor but I do like watching dividends come in and seeing the DRIP happen, why should I buy MO?

Keep picking stocks while you underperform kek

>Investing in blue chip divvies over time is a proven strategy
A strategy that underperforms the market. Bonds are a proven strategy too. Just underperforming the market.
Your goal should be to at least get the market growth. You don't get this with blue chip dividends like Aristocrats or SPYD.

We even had one weirdo in /smg/ which justified dividend strategies by calling stuff like AAPL and MSFT dividend stocks. Which is like calling SNAP a value stock because, technically, they have inherent value and that value is growing at a fast pace.
Just buy SPY and outperform all these dividend pleb stocks for 60 year olds.

All I'm gonna say to this. I won't change the mind of divvy fags and I won't try.

They pay a reliable divvy that increases yearly. They make a ton of cash and have low overhead so they pay out around 80% towards dividends.

I have both. But the thing is, a company that's been here for 100 years like KO won't go anywhere and will still be there in 100 years. And those companies make profit. For one AAPL, that was on the verge of bankruptcy back then, you'll have a hundred of Pets.com that won't get you anywhere. It also imply you'll be holding out your tech stock forever, which yon won't do when you'll already do a 200% on it after a squeeze. Meanwhile, you can hold your boomer stock until you die, while it slowly grows and gives you back a bit of the money it effectively earned. At the end of the day, the boomer stock you'll hold all your life, when your TSLA might as well do a Pets.com tomorrow, will end up giving you more in the very long term.

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Explain to me why owning vending machines would be a good investment in 2020.

Most vending machines in high-traffic areas are already bought out by large catering companies. At best you could put it in a garage shop but you would lose money.

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Vending machines in Japan = big money
Vending machines in America = black people breaking them
Make a private prison instead.

Is being a prostitute a passive income if you're a bottom?

> if you live around diversity, you'll have to constantly repair as diversity loves to break into them
Hmm yeah that's definitely one of the drawbacks. I am in a position where I can probably get a few into secured areas though, like schools and offices (in a mostly white area) as opposed to just in the streets or at train stations. I figure the margins are razor thin though.

Any insights in what the usual upkeep + sales per unit per month on average is?

Google it. It depends mostly on whatever deal you strike with the location owner. Typically deals range between 10-40%

>The mindset of a margin trader who will lose it all in the next crash

You sound mad friend.

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that applies to everything though. anywhere blacks are present, you don't want your assets in that location. whether that's a house, car, vending machine, business location, etc, it just does not make sense to place it near blacks.