If I had a big amount of cash in the bank, say $500k. What would be the best way to turn this into passive income? Doesn't have to be totally passive, it could take a couple of hours a week or such.
>>1223723
Who is that semon demon from days gone by?
Buy the dips I reckon. Or invest in essentials and staples, oil, food, juice and so on, live on small stipends?
>>1223723
Take 500k and use it as padding for your knees while you suck cock (just a couple hours a week)
>>1223744
I made this mistake in the past with 100k. It wasn't passive or enough padding to make it comfortable.
I was thinking more like dividend paying stocks or managed real estate. Bonds?
keep it in savings to earn 0.25% guaranteed income
>>1223723
Buying property
>>1223723
I would buy corporate bonds and REITs
And maybe real estate
>>1223723
Give it to me I will invest in some cool shit and if we lose the money we will have boats and what not to live on from it.