I want to know all there is about passive income, such as writing books.
I really like the idea of putting in work time and effort into something i can just leave running in the background whilst i sleep.
what advice can Biz give me on this specific style of money making?
writing books is a joke. all these claimed self publishers make absolutely pennies at most. i mean even if you sell 10k books it's not worth it
The only way to get good passive income is to already be wealthy.
>>1304120
What do you mean by this?
Do you mean interest on bank accounts?
I would define that as 'innate' income....making money off money.
There must be other ways to succeed in this endeavour.
>>1304147
Retard, you can get far more than interest on bank accounts
Go do some research, imagine if you had bought bitcoin and then lent it on polo, you'd be one rich idiot
>>1304147
>Do you mean interest on bank accounts?
>I would define that as 'innate' income
you should call the guys at Wiktionary about that
Very very very interested in this topic.
Let's stop being dicks and actually contribute, it will benefit us all.
>>1304270
not really, renting out homes that you buy for this purpose is borderline not worth it long term.
i say borderline because valuation of homes go up an down and you can come out of it well inflation adjusted but it requires timing and luck.
>>1304115
Great website, business that you have an extremely confident and trustworthy manager/partner running, tampon machines in offices, vending machines I guess (but try something hip and trendy like organic hipster shit), P2P bitcoin lending, Stocks, Bonds, CDs, Renting properties.........
posting relevant pic, my passive income
too bad i can't scale it up real well otherwise i would be a billionaire in a year.
https://hashocean.com/?rid=470464
>>1306301
invested: 0.039 btc (bought at $420)
wallet balance: 0.05 btc (currently $685)
daily interest: 0.0053 btc
if only this was possible on a larger scale i would put $5-10k into it without blinking.
what is stopping you from putting more in? >>1306354
>>1306383
the fucking bitcoin bubble we are in at one hand,
that i don't have more bitcoins and don't want to buy any at the current price on the second and that i would lose the interest % compared to my original investment with every new investment i make.
basically profitability gets worse the more money you put into it it would slowly converge to 0.8% daily. it's still fucking good as for the rest of the world but we are in a bubble that increases risks significantly.
so i'm fucked where i am unless i take a leap of faith which i don't feel like doing.
>>1306423
what i'm contemplating on doing is playing a compound interest game on ahash.io.
basically it goes like this:
invest 0.05 btc, it gives you 0.0018 btc daily, you reinvest all of that every day you get double your btc in 20 days, then withdraw the 0.05 and still have 0.05 passive risk-less investment.
>>1304115
Realty is the best "guarantee" as you can slowly build a portfolio , be choosy and retire comfortably after 20 years (vs 40 years at a regular job saving 10 to 20% and investing in index funds)
Safest after index fund investing but still but slow.
>>1306441
very slow.
depends on how much you can save compared to your living costs tho.
if you are lucky you can retire in 20 years.
if you can barely scrape up 10-20% annual savings then you are fucked you will die before you can retire.
if you can save 80% of your income you can probably retire in 5-7 years.
>>1306301
Just signed up under your ref m8. Any advice? I was thinking of just chilling with the free bonus mining power and reinvesting what I get from that. I have .1 BTC to invest but its being lent on Poloniex right now. Also any advice on getting refs? The 5% commission looks pretty sweet, especially if I get 5% of their signup bonus
>>1306301
Does ahash give a signup bonus?
>>1306641
not to you only the one who gives the ref link gets some bonus after your deposits i think.
i test withdraw my full investment to see how it goes and there is something funky with the transaction. it's very high prio but doesn't get confirmed because it has "non standard input".
finally it got confirmed as i was typing, so all is well i guess as for now.
>>1304118
Git gud
>>1306799
>so buy cloned cards get fucked by police
>no mlm bullshit just straight up crime
is that your genius offer?
>>1306903
>stealing shit
>being proud of it
you are either a nigger or a gypsy
nice try
>>1306920
We are trying to make legal money here, bring your card shit to the dark web mang
>>1304115
here OP.
The guy comes of as a bit of a fag but the info is pretty solid if you don't have any background.
https://soundcloud.com/smartpassiveincome/spi-192-updated-types-of
https://soundcloud.com/smartpassiveincome/spi-193-updated-recording
https://soundcloud.com/smartpassiveincome/spi-194-updated-recording
>>1307154
I'm defo going to listen to all three. cheers
>>1307154
Thanks you. I mean it.
This is an actually good, real contribution. /biz/ should be more like this. Thank you again.
>>1307505
Don't worry about it
You can pay it forward by making actual contributions too
We're all going to make it brah
Make /biz/ great again
Is jerking off on cam considered passive?
>>1307550
If you JO anyway my nigga it is, it's just the initial investment of setting up a cam and going to whichever website you want and pray that faggots and women alike like you enough to tip you my man. I ain't here to judge, if it works it works, just do it. Jerk it hard boi
>>1306301
Question about bitcoin wallets: How do you stop it from changing addresses automatically all the time so I don't have to change the address on aHash or Hashocean? Or am I a pleb and you just have to change it everytime you want to withdraw?
>>1309030
>How do you stop it from changing addresses automatically all the time
All your old addresses remain valid. Just make sure you backed up your wallet seed (usually 12 random words). The only reason to use new addresses is to (somewhat) increase anonymity.
>>1308785
The real money in e-whoring is in private sessions, being willing to do weird shit.
Audience interaction is pretty key.
You can pay a homeless guy ten bucks to jerk off silently with a scowl and no eye contact, you gotta offer more.
>>1304596
Do not do this. You can't just ignore rental property and make money. It's a full time job managing rental property. A shitty one at that, which is why apartments and condos are constantly under new management and bring bought or sold to the next sap.
>>1309806
single family homes, or rent out a basement or garage
