looking to build wealth, passive income ideas?

[cj023Participant 723]

now that the bulls~~~ is cut out of my life its time to build wealth, I’m just asking for friendly advice for multiple streams of income, articles, books, stocks. here is a couple offline (ish) things I’ve comes up with so far that helps the pocket book grow. please add to the list so we can arm our fellow mgtows with financial knowledge..
1. get out of debt start at ground zero (bankruptcy of needed)
2. downgrade everything,
3. dividend stocks that pays monthly REIT’s, investment fund’s. you can find monthly paying dividends at divedend.com
4. investment property, if you don’t have capital or credit for this, try realityshares.com start for as little as 5k, it’s a crowd funded real estate platform that pays quarterly on your investment
5. peer-to-peer lending, need at least 2500 to start but monthly returns lendingclub.com
6.vending machine routes, you can usually craigslist this in your local area, make sure that the person selling the route has contracts in place. make sure that your not just buying the route but the machine as well.
7. make a porn site for free with easyxsites.com link it with plugrush.com drive traffic with tumblr, this will usually bring in an extra 200 a month for not working
8.write on squidoo.com, or free blogging sites motenize with Google adsense.. write about mgtow: there are a s~~~ ton of mgtow, they just don’t realize it and are too scared to break away…so present the red pill.
9. Get a second job, let’s face it more money is always better..

just my 9 cents for truly passive income mgtow do need to grow wealthy please add to the list of passive income (for the average Joe please)

[TheDudeAbidesParticipant 117]

Man, 1 & 2 are your best bets.
Work solid, live lean. The rest is risky.

[TuneoutParticipant]

Dividend Reinvested Index Funds in a diversified portfolio.

Set up automatic monthly contributions and rebalance

your portfolio once a year.

Check out Investopedia online and whatever you do

DON’T listen to the idiots @ your local bank-

they only want to make $ for themselves.

Lifes a bitch,but you don't have to marry one!

[BeerParticipant 11832]

I’d downgrade and attack debt first. Just remember…cutting your monthly expenses 500 dollars is every bit as good for your bottom line as earning 500 dollars a month in passive income. If you want to live off passive income a lower monthly budget also does two things for you…it will allow you to increase your savings rate while decreasing the size of the nest egg required to provide you with enough passive income. Its a double win.

The way I look at it, I’d rather wake up one day and think my investments are doing well and my passive income is paying for me to live, its time to consider some combination of spending more and retiring early rather than waking up one day and thinking holy f~~~ I have a crushing mountain of debt hanging over my head because I’ve overspent my entire life, what the f~~~ am I going to do. Just think about it…I’m sure you know plenty of middle aged people who hate being buried in debt and are always stressing and bitching about it, but how many do you know that complain about having a nest egg and passive income?

[Chaff/FlareParticipant 3235]

Beer wrote:

I’d downgrade and attack debt first. Just remember…cutting your monthly expenses 500 dollars is every bit as good for your bottom line as earning 500 dollars a month in passive income. If y

It’s a mindset thing Beer. We are all trained to do without…concentrate on expense side of the balance sheet. Kiosaki says , ” he, you want a Porsche, finder an asset that covers your liability” chicks are experts at this, we are their assets. Perfect one at that: what pays to be born, pays you its whole life, and pays to bury itself? A man

When you find yourself in the majority, it's time to reflect.

[BeerParticipant 11832]

Chaff/Flare wrote:

we are their assets

Oh yeah…I forgot to mention the other positive of frugal living and a high savings rate…stealth wealth! If you live modestly people will just assume you are of modest means, the same way people tend to assume the guy with the nice house and the big car is well off, even though more often then not the guy with the modest lifestyle is probably the millionaire next door type while the guy with the expensive s~~~ is the banks best customer.

[GnosticParticipant 2491]

Chaff/Flare wrote:

Beer wrote:

I’d downgrade and attack debt first. Just remember…cutting your monthly expenses 500 dollars is every bit as good for your bottom line as earning 500 dollars a month in passive income. If y

It’s a mindset thing Beer. We are all trained to do without…concentrate on expense side of the balance sheet. Kiosaki says , ” he, you want a Porsche, finder an asset that covers your liability” chicks are experts at this, we are their assets. Perfect one at that: what pays to be born, pays you its whole life, and pays to bury itself? A man

Part of the story

How Women Invest

Investors can “long” (bet on) and “short” (bet against) a stock. Women “long” and “short” men. Women are currency, men are stocks, babies are bonds, divorce is selling a stock, marriage is buying a stock and dividends refer to money spent on the woman.

They “short” men by having sex quickly, partying with them, bleeding them for money early in the relationship and showing their terrible attitude. Great fun for them in the short term.

The guys that are “shorted” are the type that don’t appreciate with time. They lower their value with a criminal record, drinking, drug abuse, gambling, violence, abuse and cheating. Emotionally dysfunctional women “long” these men and end up in a terrible relationship. Why do they stay? Because they bought a stock at 50 and it dropped to 40. They are hoping the stock will go back up. Irrational women are just like irrational investors, they throw good money after bad.

Smart women realize that “nice guys” (as in investment) are like a profitable company. At 30, their value is low, while the man’s value is high and rising. What does an investor do? They go long on the investment. They demand chivalry, act like a “good girl”, act perfect to bait the man and then get the payoff (expensive ring, wedding, house, retirement plan, baby…).

There is no magic in MGTOW, just recognition of the truth and logical decision how to avoid dangers. The red pill is but the truth, it is no magical potion. Do not think in this modern world men have no longer have natural enemies, men are prey to women and government.

[SandalsParticipant 4254]

cj023 wrote:

7. make a porn site for free with easyxsites.com link it with plugrush.com drive traffic with tumblr, this will usually bring in an extra 200 a month for not working

What are the mechanics involved in this investment? Do you have to be the John?

[NotMyProblemParticipant 965]

They Are After Your Cash (And If This Happens They Will Get It)

Click that link and scroll down.

I just posted a long essay explaining BITCOIN. Check it out and consider it for a portion of your savings

I made 90% returns last year and 35% so far this year. It’s the future of money and it’s not going away

Any questions PM me

Not my property... Not my problem

[Wandering MGHOWParticipant 551]

I’m currently writing a rough draft of an e-book. I plan to put it on the kindle story and hopefully make a few dollars each month. Maybe it will even go viral, who knows. Either way, I’m having fun expressing my creativity and can’t wait to share it. The main character is a bit of a MGTOW. Funny thing is that I was sitting on this story for years (long before MGTOW was even a thing) and never did anything with it. It was just in my head and I gave up on it since creating a book costs a lot of money. But I recently got the idea to convert it to an e-book and change a few other things around. Since then I’ve actually put pen to paper and begun writing it for the first time. I’ll let you all know when its done, but it could be a while!

[Author]

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