How much passive income do I need to avoid this?
>>62771307Passive income isn't real. It was always a meme used to sell courses.
>>62771309no it was real, the people selling the courses were making passive income off the courses lmao
>>62771325No because they had to create the course and then continually advertise it. Even if they hired people to make ads, they had to manage those people. There is nothing passive about it.
Passive income is basically just you making a shitload of money, buying something like bonds and living of a fraction of the yield of those so you always grow your net worth. If the yield is 5% you can probably afford to take 1-1.5% due to inflation at the moment. If you want to earn 50K a year off that you'd need about 5 million dollars worth of bonds.
Get some silver, not goldShort some shitcoinsHold BTC until 2030Install Tinder to get some hoesHave some unprotected sexAnd that's pretty much it
>>62771354literally pocket change
>>62771307>has a house>no wife and kids to weigh him down>"dead end job" is probably safe from AI replacementWhy would you want to avoid that?
>>62771307>Take how much you need to live off of per year>Multiply it by 30>Throw that amount into a diversified ETF, something like avantis' US and ex-US funds or just VT>Auto sell enough each year to meet your yearly expense>passive income that survives the great depression
>>62771307How to people like this not kill themselves? I'm only 27 and I'm already bored of everything. I can't imagine hitting 40 and realising you've got to do another 40 years of this bullshit but your Mom and Dad are dead this time.
>>62771307DELET THIS
>>62771354Thats not how it works at all. You can buy bond funds and dividend paying stocks and generate monthly income from them.I have $2.3 mil invested and I receive around $150k a year in dividend payouts
>>62772120I'm pushing 40 and I legit was 27 yesterday when I started wanting to fix my life, nothing is solved yet btw Was way worse off then felt even worse But yeah was in severe panic crisis actually feeling horrid
>>62772155No you don’t.
>>62773325when you hit retirement age,just retire in a second world country. You can live a comfortable life on $5k a year in half the world. It's better than retiring unprepared in America.
>>627713075k/mo currentlyAdd 6% annually to account for real inflationGet yourself to around 8k to play it safe and invest the unused income>>62771309Dont listen to this guy he is indian
>>62772155My condolences
>>62771307If you have to ask, there is no correct number, because you are too fucking stupid to work through basic finances.
>>62771307check back in a year for the "life as an expat in Thailand" thumbnail
>>62772155How fo u get monthly income from them when the dividend is a yearly payout
It is not that hard to fall into that life. Even if you were a normie with friends and a missus in your 20s, usually, people start hanging out less and less with their friends until they don't share many things in common annymore (many such cases). And it's not that easy to meet new people (it's also kind of tiresome). Then, a divorce or a break up, and you end up like pic related. And in your late 30s, early 40s... your options might be only a hysterical single mother or an immigrant.
>>62771307Most people that end up like this are very passive individuals who realize too late that they've fucked up by not taking action. It's not particularly hard to invest your money wisely on a decent income. Plenty of advice in this thread already.>>62772120Why are you bored? What have you done? Maybe you just need to start doing random shit for the sake of it.
>>62771307Enough to have passive sex
>>62773600Just split it by 12, do you have no self control to throw it all out in the first month or what?
>>62771307Never understood this memeYou are as free as none, dont like your job? Get another one, move, nothing is holding you back, in that case no family or gf is an advantage Just move states or even countries, whats holding you back is you self
>>62771307if you're good at math just become an actuary its a free 6 figures and the exams arent that bad
>>62771307>believing youtube titles
>>62773387Nigga a few hundred in dividends is real money and it’s passive. Working a security job were you just sit on your ass and press a button when someone need to get in, is also infact can be seen as passive income, given that you sit on your ass, you watch YouTube, read books or whatever, and the. Lying you for it.
>>62771367>Get some silver, not goldSilver has underperformed gold for the last fifty-five years. Almost all of the "nonrecoverable uses" for it aren't nonrecoverable and the biggest only exists because of European regulations.
>>62773600You're wrong, many ETFs and REITs pay monthly or quarterly dividends. A few examples: AMLP, MPLX, FDHY, HYDB. Google them.
>>62771307No matter how well you will play in this kike game sooner or later all Goyim are going to lose by design.The only solution is to opt-out from this cage, secure your self-custody, setup functioning off-grid, tribe in local communities and fight to survive!
>>62771307Why passive
