Quote:
Originally Posted by raymor
Used car prices are expected to go up.
I'm wondering about something though. Yoy asked for "truly passive" investments, but used buying cars to rent out as an example. Running a car rental business is anything but passive.
For passive income, there has never been any ten year period where stocks didn't make money. On average, the Dow returns 7.4%.
Stocks are on sale right now. They are underpriced to the point you're almost guaranteed to have big gains over the next five years, probably really starting to grow in about 13 months.
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Agreed
I don't really expect anything under 5k to provide truly passive income
Recurring income is more what I mean to say
Buying when everyone else is running screaming is a great idea .. always is .. stocks or real estate or anything -- I just don't know what to buy and know that the markets are very complex