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Ways to get a monthly income.

Discussion in 'Mayberry Lounge' started by GuanoApes, Jan 9, 2020.

  1. GuanoApes Blue Belt

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    The only ways I know how to get a monthly income is through 1. Real estate. Renting out houses.

    and

    2. Buying stocks that pay a monthly dividend.

    The only problem with monthly dividend stocks is they pay so little. If a stock has a dividend of 10%, well you’ve got to divide that 10% by 12.. And that’s how much you’ll get each month.

    Renting out houses is also an idea. I currently own 2 rental properties. But I’m curious to know if anyone knows any other options..

    Someone here said something about Jumbo Money Market Accounts. I think those usually only pay annually though, and the most you’ll get is like 2% back a year.

    If someone told me a way I could get like 10% back on what I invest, every month.. Well I feel I would be in debt to you for sharing this knowledge..
     
  2. TSO Pink Belt

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    Protection money?
     
  3. JabToucher Banned Banned

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    Have you seen the move Deuce Bigalow?
     
  4. zapataxiv Silver Belt

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    You could become an instathot
     
  5. GuanoApes Blue Belt

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    I’ve heard Ukranian banks pay a high interest rate. I’m not sure if it’s monthly or annually, but Ukrsofstbank pays an 8% interest rate on savings accounts I believe with the euro..

    Couldn’t you just take a bunch of US dollars, convert them to Euros. Deposit them into that Ukraine bank and watch your money grow?
     
  6. hohner Titanium Belt

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    Become a poacher. One sack full of pangolins = one month's rent in most Chinese cities.
     
  7. GuanoApes Blue Belt

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    I was hoping for real good serious answers.

    Thought there was a bunch of well off old dudes on this site?
     
  8. Starck Black Belt

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    Are you sure it's worth the Euro and not Ukrainian currency? And do you trust putting your money into a country with so much turmoil and a shit economy?
     
  9. GuanoApes Blue Belt

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    Probably is Ukranian currency. I assumed they used the Euro.
     
  10. My name is Shawn

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    I know a couple people that make pretty good money just buying and selling shit. They just have the reputation of doing it and people will hit them up before they even post it for sale
     
  11. SamSchmidt I crossed time for you belt Banned

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    Glory Hole Professional
     
  12. Blayt7hh Steel Belt

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    Well you should invest in stock indexs for the long term. Investing in stocks is not going to give you a monthly income though.

    I dunno though. All my money is tied up between investments and real estate
     
  13. Shinigami Blue Belt

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    Old Dirty Bastard was on welfare until the day he dieded
     
  14. Fedorgasm Gold Belt

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    So you're really looking for passive income or cash flow. Those are the terms you should Google and you find better answers.

    10 percent is a lot though. You probably won't find that without a decent amount of risk.

    I'm boring so I just put it in a mutual fund and get around 8 percent but that's high. I know it won't stay at that rate forever.
     
  15. SugarKrok Brown Belt

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    There's another thread on ts with maybe 100 answers. They've got some good suggestion.

    Buttt if there was an easy answer, I'd imagune ever middle class person would be doing it. Having rental properties already makes you beyter off than most though
     
  16. GSP_37 Titanium Belt

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    Rentals have a lot of associated recurring expenses.

    Stocks can have capital appreciation (the value goes up whether or not it pays a dividend).
     
  17. SSgt Dickweed Red Belt

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    Buy and sell online?

     
  18. KONG-D'SNT-TAP Banned Banned

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    Sell stuff on amazon. Find things locally that have big sales then re sell it on amazon.

    I buy and sell collectibles on there from time to time. I sold some captain America shields and Star Trek back packs I found on discount and made a few hundred on amazon selling them.
     
  19. Kowboy Karl Black Belt

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    sell merchant accounts
     
  20. IloveTHIS Literal God

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    I keep dreaming of the day one of these threads has something posted that seems like a good idea.
     

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