View Single Post
Old 08-21-2011, 08:33 PM  
gideongallery
Confirmed User
 
Join Date: Aug 2003
Posts: 7,082
Quote:
Originally Posted by raymor View Post
Used car prices are expected to go up.
I'm wondering about something though. You 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.
that not passive income either that capital growth

you have to liquidate the asset to get the profit

stocks with dividends would qualify maybe but your passive income on 5k is maybe $150.
__________________

“When crimes occur through the mail, you don’t shut the post office down,” Steve Wozniak
gideongallery is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote