What are some income producing assets priced under $5k?
 

I am trying to think of things that aren't two bit.. I know of that dollar eaters in bars and shit like that and the roi is great but it's all two bit...

Assuming you don't have credit (and credit is very tight even if you do, anyway) and you may soon have access to some dollars (in the thousands) what do you buy to hold as income producing assets?

I am thinking along the lines of.. Inexpensive vehicles for daily rental or sell on payments... Construction of small billboards.. Optioning small properties.. Shit like that

Is there anything out there that creates truly passive income and can be had at sub 5k prices? Is buying small income producing websites still pretty good?

Small income producing websites would be a great way to buy passive income if I could figure out how to thoroughly evaluate site traffic and be sure that I don't get stuck with deals where they pull the traffic plug soon as I buy..

This could be a good thread for brain storming if you political rainmen would pull your government soiled heads out of your unwiped computer chair imprinted asses for a few minutes get off of efucked dot com and do a little thinking :1orglaugh

Cocaine.

You get an A+ for resale potential, I guess, but I want income

Are you saying that I should buy large supplies and then have little dealers out moving it for me? I guess that is more like what I am looking for.. but I said SUB FIVE THOUSAND

Go hit yourself with a hammer and try again

Maybe you could use the money to get a GED in hopes of getting a job better than standing around at the slave labour center?

always trying to find an easy way out and get rich quick scheme ... that's your first barrier.

Rolling or blackmailing "chomos"=free.

this is doable but it takes work to build so might as well scratch that one off right now.

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.

without credit and with 5K? your gonna lose it all, just save it for a rainy day

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

I have VERY rarely lost money on anything I have bought.

Pimp out your hippo.

Domains. Nothing compares.

:)

You need more than 5 grand. get a goddamn job. this is beyond silly listening to you pretend to be a big man when you can't even pay for a goddamn doctors appointment.

You are the fucking definition of two-bit, its ridiculous how you pump yourself up here.

:thumbsup

Yet again you are looking for an easy solution to life that requires minimal work, if any work at all.

You are the one that needs to become acquainted with a hammer.

Forget about buying income producing websites unless your risk tolerance is very high. This area is filled with dishonesty.

I don't think he knows anything about domains or domaining. He's more likely to lose his money on shitty domains.

Yea, should have added caveat: Domains (if you know what you're doing). I see so many people blow money on awful domains.

stop posting on gfy about your life problems and hit the food stamps line

I think you are wise to not invest in something you don't understand.

In that case buy a simple index fund or a time tested mutual fund like a Vanguard fund. A very few people get lucky and sell a few million albums. Of people who will COMFORTABLY retire, 99.5% will have simple investments like mutual funds, so spend a couple of hours learning the basics if you intend to retire comfortably.

When do I pump myself up on here? I tell the straight truth about my situation.. Just because I am coming into a little money soon, VERY LITTLE, as I said - in the thousands.. you think I am pumping myself up?

Pretend to be a big man, WHEN?

Moron

Also when it comes to understanding how 95% of the millionaires became millionaires, a $12 investment in the book "The Automatic Millionaire" may be wise.

I know how to get rich. Buy income producing assets. I am not wrong about that an if I want to start small, so what. At least I want to go in a good direction.

So your extortion idea paid off?


.

No no I decided against that.. Let's remember that I was only tempted to do it, I didn't do i, and it is very a horrible person..

Exactly - I know some of the basics, but damn, it is a real complicated thing, investing into common shares of stock.

but a website generating revenue. you can get some for 6-8 months rev.

I know just a little.. like keeping them short and memorable... they have to be brandable..... things like that

Try mainstream. Buy 100 .info domains, use google's keyword tool to find domains that have type ins, use google's adsense program, get someone to write one unique article, and let it sit there :)

I guess we now know he hopes to get only 5,000.00 for his blackmail scheme and not "mid XX,XXX" or what ever it was he was hoping for.

domains is a good investment..

Buy 200 domains for $1800

Pay someone $800 to install wordpress on them and get them to basic setup with decent plugins and templates ready to go. Someone such as myself can do this with scripts.

Pay designer $800 to kick out the most basic of headers for the blogs.

Pay someone else $200 to link all of the headers and enter into headspace2 the main page title, description, keywords...

Pay $2500 for 700 blog posts. Go ahead and kick out 100 of your own as each blog is coming out of the assembly line adding one post to it and making sure all final touches are good.

Sure we went $1,100 over budget, but you will make that all back in no time...

Or... figure out how to get domains cheaper... I would have saved $800 on the domains and went $300 over budget...

How much higher can they go? I've been looking for another vehicle for my wife to drive an hour to work everyday and prices are out-fucking-rageous! I'd buy a bike but she cant drive that to work - not to mention it would get stolen in the city in the blink of an eye. If you're looking to get into the auto market, get a dealers license, hit up auctions and open up a dealership so you can rape those who want to trade in their vehicles and have no clue of the used car market. The car market is just about as good as the market for gold right now - worthless.

As far as stocks - good luck to any noob getting into them. You're set to lose a shit ton no matter what your plan is before you make a penny. Just look how unstable the market has been in the past 3 weeks.

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.

They went up a lot when they did the cash for clunker thing. The government forced how many tens of thousands of good vehicles to be destroyed... less cars, higher price.. As far as daily rentals, the profit is huge, man - a bit over a year ago we rented a truck and it was 15+ years old with everything broken, maybe a $1000 truck, and it cost $100/day plus $.28/mile.. basically paying for itself once a week. I mean, hell, I could get a transmission changed for $300 in that thing.

I think that investing in the markets takes a lot of research... either have to be very very familiar with the complexities of it OR put some time into finding some real solid information about the companies themselves. I think that there are fairly simple ways to find undervalued companies like comparing their price with the actual company cash and income or some kind of shit, too

It just ain't for me.. I feel like unless I study it 8-12 hours a day for a year or two, it'd just be gambling

$150/mo on 5k if truly passive would be pretty good, as far as I am concerned..

I like property for that reason, there is semi passive or passive income AND capital growth so long as you're not buying in a crazy market (and most have been this past half decade - lol!). You can buy a SFR at a good price, let it cashflow for a year or two and then sell it paying only cg tax

And you can do anything with property. Some would be sfr flippers even 1031 into bigger properties. Sure, it's only deferring taxes, but you have that much more buying power. And that much more cashflow

Finding property, at least regular SFRs that will cashflow AFTER paying a management co is a real real bitch. I think that it's a lot easier buying apt complexes that will do that and be truly passive. As an example my ex lived in a duplex here in wichita.. The rent was regularly $895 but the people liked me and I got it for $695 for her. We could have bought the whole property for $91k and paid a $7000 payment. And that is for two bedrooms on each side, huge finished basement with 1bd and full bath. That kind of deal is still out there. But that is far above my league at this point without cash or credit.

he means $150 per year :winkwink:

i think you can get a handgun and a ski mask under that. good luck with it.