- Original Poster
- #1
I have long been interested in the topic of investment and had experience with cryptocurrency, in the end I lost my money and I would like to try to find something new that can bring me a steady income (scammers bypass)
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No, I do not understand cryptocurrency and would like to find something more understandable for meThere are no free lunches available - unless, of course, you are one of those pump-and-dump merchants pushing cryptocurrencies! (And even they have to work at it!)
Read this thread https://www.ukbusinessforums.co.uk/threads/investment-ideas.419247/#post-3154000
Like I said, cleaning windows, washing cars and other hands on jobs are the best way to earn money. You will make more doing this than you will investing in anything.No, I do not understand cryptocurrency and would like to find something more understandable for me
No, I do not understand cryptocurrency and would like to find something more understandable for me
Those are of course well below inflation, so you would be losing about 10% p.a.If fully 'passive' so not a side hustle, fairly low risk investments are:
- Treasury bonds. E.g short term treasury bonds in US yield around 2-3% currently).
- Corporage bonds. E.g. investment grade corporatebonds yield around 4% currently).
You are asking for The Impossible Dream - there is no such thing as a truly passive income.
Those things that are labeled 'Passive Incomes' also require engagement - i.e. you have to work at them!
Even investors in companies spend their time researching the companies involved for weeks or even for months. Technical traders who look at graphs and rows of figures to find new bottoms or peaks and support levels, spend eight hours a day at their computers and Bloomberg terminals.
I'm ready to work from home, I just need a remote job to start
That sounds pretty interesting haha I just have to figure out how to do it
There is no such thing. If you want a passive income you need to do your research and indenting a product that meets your needs. There is no easy way to make money.I want to earn passively without going to work
There is no such thing. If you want a passive income you need to do your research and indenting a product that meets your needs. There is no easy way to make money.
Try getting a job first.
I have had experience with investments, but not the best, but I believe that to be successful you need to risk something.As others have said, a 'passive income' is something that is sold to gullible people by smart (if crooked) people to make them lots of money.
Making money will require risk and/or effort in varying
How much money are you prepared to risk?
What are your skill/knowledge sets?
Then I suggest you search out the many investment threads on here - there are quite a fewI have had experience with investments, but not the best, but I believe that to be successful you need to risk something.
I'm willing to risk up to $4,000.
???Are you sure you're safe to have money?
How to get rich without really trying. How can I turn $100 into $1000000 without leaving the house. Get rich in your pyjamas. That should get you started.What kind of headlines could they have?
Then do your own research. Nobody here is going to tell you what to do with your money.I understand that there are a lot of jokers here, but I'm really interested in finding something for myself
butI want to earn passively without going to work
Ok, so what return do you need to earn on your capital to provide an income equivalent to that not earned from employment?...I'm willing to risk up to $4,000.