Passive Income

How to FUCK do I get a passive income? How much do I need to save so I can invest it so my returns are enough to live modestly off of for the rest of my life?

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CSNO, about 100k should cover you for life in about a year or so.

stake embercoin

>he fell for the passive income meme

You're a fucking retard. "Passive income" is a buzzword used by people who want to sell you their entrepreneurship books and convince you you can make millions of dollars sitting on your ass doing nothing.

Do some fucking hard work nigger

>build backend for website
>earn 1-2% revenue a year from website

this is my plan with another guy

gonn be some easy money

Royalties senpai

Idk why so many people are obsessed with avoiding work at all costs. A much better/more realistic aspiration is to manage your money and invest so you can work a job you are ok with, not kill yourself on the hours, and do what you enjoy in your time off. Unless you inherited a pile of cash, the whole "living off your passive income for 50 years" meme is not gonna happen, even if you think you're day-trading skills are top notch.

I agree

When I see people who have 4 or 5 different money making projects going on, I just shake my head. And I used to be one of those people.

I think you're best off dedicating 100% of your efforts into one venture, as opposed to just giving a mild effort into a bunch of different projects.

Take a little bit of your savings and invest it into something every once in a while if you wish. But profit from investments should always be viewed as a bonus, not a source of income

proof of stake coins like XCS

tenx, when comit comes into action watch this coin soar!

Buy OmiseGO.

reddit.com/r/omise_go/comments/7354wp/mass_adoption_and_value/

Where did these fucking normies come from? I'm NOT going back to any form of wageslavery and I'm close to making it now. I WILL RETIRE BEFORE BEING 25 AHAHAHAHA

WTC masternode, need 5K coins. Go earn some money as gigolo.

>whore your body out to old men for like a year
> go balls to the fucking wall deep in 5 top cryptos by the time.
live on ramen in a tent while w8in. also get a job and wagecuck to buy ramen.
>make loads of cash
>live like a fucking rockstar untill:
1. broke. repeat.
2. od on coke and viagra while fucking a striper on a yacht aged 29
3. managed to succesfully market yourself as a brand and has infint moneyz

good lad. make it happen

I'm still looking for a gig like this. My server side scripting skills are on point but my ideas are shit.

I hear a lot of people out but it is quite easy to determine they are clueless

4.5% a day passive income. Please sign up under me so I make 10% of you. Then get your friends to do the same. You get hourly withdrawals.

bitpetite.com/?aff=bittox

It depends what type of personality you have. Some people are good at trading because they dont want to be tied down to one project. You can look at it like diversifying your efforts. Some people enjoy making $4000 one day, $600 the next off from different projects. It changes the mood. Others have ADD and cant stand it.

This should be banworthy imo

>all that cash
>poorly printed paper

Rental properties, index funds, and dividend stocks (though you should just reinvest the dividends).

Though rentals are not all that passive.

you need a decent amount to live a simple/modest life off the interest/dividends. The chances of you taking some miniscule amount like $10k or something and having it spike up on some moonshot crypto is almost nil.

You just need to be patient, work your way up to the ~$750k-1M range and then you can put it into an ETF or some such and live off the interest in a low-cost of living country for the rest of your life, but there won't be any lambos or mansions with that approach, it'll just be a simple, low-stress, unexciting life of freedom. Really that's my own personal goal. I've worked my way up to about $300k savings and my low limit is ~$700k so will have to see how the next few years go.

Pump n dump discord, get on in here, voting ends soon and coin pump happens tmro discord.gg/rQvevZF

Who need a fucking Lambo other than just being meme-status?

This isn't passive income dipshit.
You're still building the website.

>invest in 4 or 5 mining rigs
>rent out a cheap warehouse with good electricity and ventilation in a quiet town near you
>pay a little extra for good bandwidth and fire safety
>mine XMR/ETH/ETC
>make $800 a week
easy

nice ponzi scheme shitface

>finance 3 million dollar triple B property using 1.8 million in Bitcoin gains and financing 1.2 million

>30 year commerical real estate loan

>make 130k after taxes and payments with nothing on my part

feels comfy desu

ya I know it was just a meme comment. I'm just saying if your goal is to drive high end cars, live in a mansion, own/rent a yacht, etc. you will need a shit load of cash for that. My goal is more simple, I just want basic financial freedom, never need to have a job again, and if you're willing to relocate or maintain a modest standard of living that's very possible to do for like $700k-1M like I said; maybe even less depending on where you'd relocate. I think that's achievable for many people if they set the goal early in life and make a conscious effort to achieve it through either hard work and/or smart and lucky investments.

meant triple N desu