Author Topic: Passive Income?  (Read 1545 times)

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Offline JP

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Passive Income?
« on: Mon, 16 April 2018, 18:29:18 »
Was watching some YouTube and came across some videos on how to make extra side income apart from a daily 9-5 job. Many folks if lucky to be able to work rely on a single income stream and if that goes away you are royally screwed without any savings. Even with a job though many people still struggle pay check to pay check. It seems like one option instead of working more hours or trying find another job that pays incrementally better is to pursue the passive income stream model. So for example if you make video reviews about keyboards you might eventually rake in some dough on a continual basis without actively working for that revenue ;D

Does anyone here have any passive income streams, tips, or ideas to share?
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Offline Mechboards

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Re: Passive Income?
« Reply #1 on: Mon, 16 April 2018, 18:39:31 »
Find a niche and dropship :)

Offline JP

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Re: Passive Income?
« Reply #2 on: Mon, 16 April 2018, 18:48:07 »
I know a guy who buys glitter by the drum, repackages into smaller packages and sells to strip clubs  :))
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Re: Passive Income?
« Reply #3 on: Mon, 16 April 2018, 18:57:44 »
I know a guy who buys glitter by the drum, repackages into smaller packages and sells to strip clubs  :))


how much glitter do they go through ?

The girls in china don't often wear glitter,  the business is suppose to be discreet, because there are technically no legal stripclubs..

And businessmen who engage in services don't want Evidence..

Offline JP

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Re: Passive Income?
« Reply #4 on: Mon, 16 April 2018, 19:12:54 »
I have no idea how much glitter he goes through. I hear that Florida is covered with glitter and cocaine though. Glitter does not go away. Like why are all these $100 bills covered in glitter?
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Re: Passive Income?
« Reply #5 on: Mon, 16 April 2018, 19:22:04 »
I have no idea how much glitter he goes through. I hear that Florida is covered with glitter and cocaine though. Glitter does not go away. Like why are all these $100 bills covered in glitter?

Hahahahaha.. yea, drugs are big business along the coast..

Offline yuppie

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Re: Passive Income?
« Reply #6 on: Mon, 16 April 2018, 19:22:55 »
Investing is a good strategy and can be a great tool. Many different ways to go about it. Cryptocurrency, Indexes, Stocks / Bonds, etc.

Offline JP

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Re: Passive Income?
« Reply #7 on: Mon, 16 April 2018, 19:28:28 »
Just to recap so far we have:

  • Drop shipping
  • Stripper glitter
  • Traditional investments, stocks, bonds, crypto
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Re: Passive Income?
« Reply #8 on: Mon, 16 April 2018, 19:53:34 »
Just to recap so far we have:

  • Drop shipping
  • Stripper glitter
  • Traditional investments, stocks, bonds, crypto

Don't forget Drug-Dealing !!

Offline JP

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Re: Passive Income?
« Reply #9 on: Mon, 16 April 2018, 20:05:15 »
Eh, lets keep this legit  :) Felonies are bad.
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Offline noisyturtle

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Re: Passive Income?
« Reply #10 on: Mon, 16 April 2018, 21:17:52 »
First you need some seed money to start, about $2-5k sitting around to get the ball rolling although $10k would be even better.

Stabilize your life first, make sure you have a reliable vehicle, good mortgage, own property. Have some liquid savings cash set aside for emergency, have some solid bonds for backup. Convert those to muni bonds which are tax exempt once your flow increases. Look into real estate, rental payments, and index funds. Maybe put small amounts into Lenders Club or auto-investors if you feel ballsy.

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Re: Passive Income?
« Reply #11 on: Mon, 16 April 2018, 21:33:57 »
Investing is a good strategy and can be a great tool. Many different ways to go about it. Cryptocurrency, Indexes, Stocks / Bonds, etc.


I'm not terribly sure why everyone recommends (Investing).  There are professionals that do this, and make out poorly.

To think that just-anyone could do it, and profit,   that's just what wallstreet casinos want people to believe..

Maybe to a small segment of professionals, what they do can be construed as "investing"

The rest of the people (especially casuals) are merely Gambling..

Offline yuppie

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Re: Passive Income?
« Reply #12 on: Mon, 16 April 2018, 22:53:00 »
I'm not going to tout Bitcoin as a solid investment, but here it is in contrast to other major companies. I'd like to point out that all these investments turned out to be great after a long holding period.

It almost doesn't even matter what you invest in, just get started now.


Offline FrostyToast

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Re: Passive Income?
« Reply #13 on: Tue, 17 April 2018, 00:19:55 »
Put money into bitcoin before you regret it later?
Remember when it dropped to $300 from $1k and people thought it was the end times? Yeah...
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Offline Mechboards

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Re: Passive Income?
« Reply #14 on: Tue, 17 April 2018, 03:42:21 »
If BTC/Alts, only put it what you're willing to lose.

Offline fanpeople

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Re: Passive Income?
« Reply #15 on: Tue, 17 April 2018, 03:59:12 »
If BTC/Alts, only put it what you're willing to lose.

If any sort of investment that isn't property or govt bonds etc only put in what your're willing to lose.

Offline joey

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Re: Passive Income?
« Reply #16 on: Tue, 17 April 2018, 04:02:25 »
None of these sound passive!

Offline Mechboards

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Re: Passive Income?
« Reply #17 on: Tue, 17 April 2018, 04:04:50 »
Ok let's get back on track. Amazon Affiliate website and/or advertisements. You do not ship or touch any stock. That's how MB started up.

Offline fanpeople

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Re: Passive Income?
« Reply #18 on: Tue, 17 April 2018, 04:05:58 »
Go back in time and be born with rich parents, wait for them to die..... BOOM PASSIVE MOTHER FRIGGEN INCOME.

Offline chyros

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Re: Passive Income?
« Reply #19 on: Tue, 17 April 2018, 04:51:26 »
>buy houses
>get rich
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Offline Signature

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Re: Passive Income?
« Reply #20 on: Tue, 17 April 2018, 06:22:16 »
Just get a very stable stock with consistent dividends, that is prob the most "passive" you'll get. Maybe not the most profitable, but should give higher rates than a bank.

Also BTC is far to volatile to be a passive income. Buying a lottery ticket isn't passive income
« Last Edit: Tue, 17 April 2018, 06:25:42 by Signature »

Offline SpAmRaY

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Re: Passive Income?
« Reply #21 on: Tue, 17 April 2018, 10:03:35 »
Sadly I'm a sucker for this stuff and have spent an embarrassing amount of money on courses, trainings, books, etc with nothing to show for it....

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Offline Blaise170

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Re: Passive Income?
« Reply #22 on: Tue, 17 April 2018, 10:12:03 »
I've actually made a decent amount in the past with Amazon mTurk. It's not exactly "passive" but it's pick up and put down work so you can do it at your convenience.
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Offline JP

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Re: Passive Income?
« Reply #23 on: Tue, 17 April 2018, 10:12:47 »
Sadly I'm a sucker for this stuff and have spent an embarrassing amount of money on courses, trainings, books, etc with nothing to show for it....

Sent from my SM-G930V using Tapatalk

That sounds a lot like a college degree.  :))
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Re: Passive Income?
« Reply #24 on: Tue, 17 April 2018, 10:14:59 »
Sadly I'm a sucker for this stuff and have spent an embarrassing amount of money on courses, trainings, books, etc with nothing to show for it....

Sent from my SM-G930V using Tapatalk

That sounds a lot like a college degree.  :))

/Drug dealing.. !!


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Offline noisyturtle

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Re: Passive Income?
« Reply #25 on: Tue, 17 April 2018, 11:28:03 »
Not so easy anymore with weed becoming legal, many dealers just buy their **** from dispensaries and resell them without even bothering to repackage it.

But it used to be a very viable option for anyone who could handle themselves, especially in a college town you could easily make upwards of $2-5k a week tax free. Well, you used to be able to anyway.

Offline JP

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Re: Passive Income?
« Reply #26 on: Tue, 17 April 2018, 12:02:11 »
Gahhh whats with the drugs TP4?!?
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Re: Passive Income?
« Reply #27 on: Tue, 17 April 2018, 13:37:16 »
Gahhh whats with the drugs TP4?!?

You know, If only I didn't go to college,  I'd probably be a millionaire by now as a drug dealer..

But no.... went to skool,  they taught me how to pay taxes and be a good slave to the oligarchs.

//Regret
//Shame..

Offline noisyturtle

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Re: Passive Income?
« Reply #28 on: Tue, 17 April 2018, 14:17:55 »
Ya know, if someone were to get into the LSD market these days they could easily corner it given a large enough production facility.  :rolleyes:

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Re: Passive Income?
« Reply #29 on: Tue, 17 April 2018, 14:27:33 »
Ya know, if someone were to get into the LSD market these days they could easily corner it given a large enough production facility.  :rolleyes:

Just start selling medicinal breakfast cereal or morning smoothie drinks, with the trendy popularity of microdosing! /threadlocked

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Re: Passive Income?
« Reply #30 on: Tue, 17 April 2018, 14:32:15 »
Ya know, if someone were to get into the LSD market these days they could easily corner it given a large enough production facility.  :rolleyes:

Just start selling medicinal breakfast cereal or morning smoothie drinks, with the trendy popularity of microdosing! /threadlocked


All jokes aside..

Drugs are Bad,  Mkay..  Don't do drugs .. !!

Offline noisyturtle

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Re: Passive Income?
« Reply #31 on: Tue, 17 April 2018, 14:35:03 »
Ya know, if someone were to get into the LSD market these days they could easily corner it given a large enough production facility.  :rolleyes:

Just start selling medicinal breakfast cereal or morning smoothie drinks, with the trendy popularity of microdosing! /threadlocked


All jokes aside..

Drugs are Bad,  Mkay..  Don't do drugs .. !!


Says the guy who's never done drugs :))

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Re: Passive Income?
« Reply #32 on: Tue, 17 April 2018, 14:36:11 »
tp4 is a drug user since he eats so many veggies and drinks tea. caffeine and nicotine are found in lots of things
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Offline Blaise170

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Re: Passive Income?
« Reply #33 on: Tue, 17 April 2018, 14:43:07 »
Legalized drugs don't really count, since selling caffeine on the street corner isn't going to make you rich.
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Re: Passive Income?
« Reply #34 on: Tue, 17 April 2018, 14:44:35 »
Legalized drugs don't really count, since selling caffeine on the street corner isn't going to make you rich.

starbucks seems to be doing ok....  :))
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Online Zuology

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Re: Passive Income?
« Reply #35 on: Tue, 17 April 2018, 15:16:19 »
Legalized drugs don't really count, since selling caffeine on the street corner isn't going to make you rich.

starbucks seems to be doing ok....  :))

Yeah, but they're selling it on the street corner... on the opposite side of the street from ANOTHER Starbucks. What's the name of the business practice/tactic where you essentially own your own competition so even if one is losing, the other side is winning and win/win?

Offline JP

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Re: Passive Income?
« Reply #36 on: Tue, 17 April 2018, 15:37:47 »
Legalized drugs don't really count, since selling caffeine on the street corner isn't going to make you rich.

Starbucks and their brown bean water?
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Offline noisyturtle

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Re: Passive Income?
« Reply #37 on: Tue, 17 April 2018, 15:53:02 »
Legalized drugs don't really count, since selling caffeine on the street corner isn't going to make you rich.

starbucks seems to be doing ok....  :))

Yeah, but they're selling it on the street corner... on the opposite side of the street from ANOTHER Starbucks. What's the name of the business practice/tactic where you essentially own your own competition so even if one is losing, the other side is winning and win/win?

Know a girl who left her 5 year PM job at Microsoft to be a full-time bikini barista in some little shack in a parking lot. She says she makes almost 2x as much before taxes if she puts in 42hrs a week there. Sometimes I wish I were a sexy lady too :(

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Re: Passive Income?
« Reply #38 on: Tue, 17 April 2018, 16:01:24 »

Know a girl who left her 5 year PM job at Microsoft to be a full-time bikini barista in some little shack in a parking lot. She says she makes almost 2x as much before taxes if she puts in 42hrs a week there. Sometimes I wish I were a sexy lady too :(

Top end USA escorts make ~$300,000, tax free.. So that's equivalent of ~$400,000

Silicon Valley, last I hurd..

Can't say it's a good job, high stress/mental strain.. PTSD..

But heck, they make in 3-4 years what Some people make in a lifetime.

And mechanically, it's probably still better than being a model


Offline chyros

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Re: Passive Income?
« Reply #39 on: Tue, 17 April 2018, 16:24:00 »
Ya know, if someone were to get into the LSD market these days they could easily corner it given a large enough production facility.  :rolleyes:
I could probably make enough LSD to supply the whole world for a year in half a day, given the precursors. 
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Re: Passive Income?
« Reply #40 on: Tue, 17 April 2018, 16:33:32 »
Ya know, if someone were to get into the LSD market these days they could easily corner it given a large enough production facility.  :rolleyes:
I could probably make enough LSD to supply the whole world for a year in half a day, given the precursors.

Well, sounds like we have a business strat - produce LSD and ship vintage keyboards with the keycaps pre-dosed (homing keys are hitting extra strong today guys) for that extra psychedelic tactile (cosmic) feedback... Warnings about avoiding the brown acid could be applied to MX browns :D

Offline fanpeople

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Re: Passive Income?
« Reply #41 on: Tue, 17 April 2018, 16:33:37 »
Ya know, if someone were to get into the LSD market these days they could easily corner it given a large enough production facility.  :rolleyes:
I could probably make enough LSD to supply the whole world for a year in half a day, given the precursors.

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Offline chyros

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Re: Passive Income?
« Reply #42 on: Tue, 17 April 2018, 16:55:36 »
Ya know, if someone were to get into the LSD market these days they could easily corner it given a large enough production facility.  :rolleyes:
I could probably make enough LSD to supply the whole world for a year in half a day, given the precursors.

Well, sounds like we have a business strat - produce LSD and ship vintage keyboards with the keycaps pre-dosed (homing keys are hitting extra strong today guys) for that extra psychedelic tactile (cosmic) feedback... Warnings about avoiding the brown acid could be applied to MX browns :D
It's an exceptionally simple one-step reaction, and if you use an easily washed off reagent, like DIC, you can purify the product with little difficulty. Moreover, LSD is incredibly active, with microgram doses per go, so even a few grams is about a MILLION doses. Being a chemist is fun sometimes ^^ .

Of course, the precursors, which are very simple compounds actually, are under pretty strict watch, and not easy to obtain.
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Re: Passive Income?
« Reply #43 on: Tue, 17 April 2018, 17:03:37 »

It's an exceptionally simple one-step reaction, and if you use an easily washed off reagent, like DIC, you can purify the product with little difficulty. Moreover, LSD is incredibly active, with microgram doses per go, so even a few grams is about a MILLION doses. Being a chemist is fun sometimes ^^ .

Of course, the precursors, which are very simple compounds actually, are under pretty strict watch, and not easy to obtain.


Are many professional chemists just DIYn' their own highs in their spare time.. ??

What do chemists do for fun -that involves chemistry- ??

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Re: Passive Income?
« Reply #44 on: Tue, 17 April 2018, 17:52:07 »

LSD is incredibly active, with microgram doses per go,


That microgram/milligram thing can make a big difference ....
There’s no doubt that evangelicalism seems to have an image problem, especially since its overwhelming alliance with Trump. In the minds of many outside the fold, evangelicalism no longer represents a specific religious position centered on sin and the need for individual salvation but rather a self-serving, power-hungry political movement that will side with the devil himself for the sake of political pragmatism. But this image problem isn’t new. Although polling shows that overall feelings toward evangelicals as a religious group have remained relatively stable since 2014, the perception of evangelicals as “agents of intolerance,” to quote John McCain back in 2008, well predates the Trump era. Moreover, despite a host of missteps and scandals, overall evangelical support for Trump as president hasn’t declined but grown. Sure, they may have issues with his moral center, or lack thereof, but they’re willing to overlook all this for the sake of political expediency, for promises of “religious freedom,” and the hope of a judiciary stacked with conservative judges. This is because, at the end of the day, evangelicalism isn’t really about personal values but, rather, social and political conversion and control. The Trump era, then, does not create a new problem for evangelicals and their image; it’s simply casting a very bright light on what has always been there, at least for the past forty years or so. - Egberto Willies 2018

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Re: Passive Income?
« Reply #45 on: Tue, 17 April 2018, 18:15:21 »

LSD is incredibly active, with microgram doses per go,


That microgram/milligram thing can make a big difference ....


It's the same problem with fentanyl,  ~50-100 times the potency of heroin, 

smuggle the same quantity , 100x the dose..

Heroin/Fentanyl has now become an unstoppable epidemic.

Offline noisyturtle

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Re: Passive Income?
« Reply #46 on: Tue, 17 April 2018, 18:29:30 »
Heroines become an absolute scourge in some areas. My old neighborhood near Boston is almost unrecognizable from just 15 years ago, and everyone's got a story of someone they know od'ing. Super depressing, at least metheads got **** done.

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Re: Passive Income?
« Reply #47 on: Tue, 17 April 2018, 18:37:05 »
Heroines become an absolute scourge in some areas. My old neighborhood near Boston is almost unrecognizable from just 15 years ago, and everyone's got a story of someone they know od'ing. Super depressing, at least metheads got **** done.

IDK bout that.. hahahaha...

Heroin/ Meth/ Cocaine ,  they all break the brain too completely for the addict to reintegrate...

Once a person's on it, it's over..


Offline JP

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Re: Passive Income?
« Reply #48 on: Tue, 17 April 2018, 19:00:58 »
Since this topic has spiraled into the throes of addition I guess this belongs here.  :-\


Edit: Also Chyros should do a video review while using those special doped up keys. I would pay to watch that  :))
« Last Edit: Tue, 17 April 2018, 19:14:51 by JP »
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Offline Blaise170

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Re: Passive Income?
« Reply #49 on: Tue, 17 April 2018, 21:13:24 »
Since this topic has spiraled into the throes of addition I guess this belongs here.  :-\

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