NewUrtB54

Best passive income investment with 5K? Other than dividend stocks & the new Apple 4%+ APY account

Best passive income investments, specifically those that require little capital (<$5K to start)? Major bonus points to legitimate non traditional paths, such as art.

Apple EUmu25 Apr 24, 2023

onlyfans

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UrtB54 OP Apr 24, 2023

Honestly

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JRCSUAtx Apr 24, 2023

15-20% return on cattle https://www.agridime.com/buy-cattle-here

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UrtB54 OP Apr 24, 2023

I don’t know if this is legit or not, this sparked my interest just last week tho

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JRCSUAtx Apr 24, 2023

I’m pretty positive it is. Trying to find a way I can slap that investment in a directed ira / Roth.

Amazon Xdjr35 Apr 24, 2023

Indexs, and fully managed funds. It has been proven over and over that single stock picking will never bet the indexes. Don't let anyone convince you that you can day trade options effectively. It's a skill that takes years to understand and be effectively dispassionate about.

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UrtB54 OP Apr 24, 2023

Options had me blow up 3 accounts in 2 years, however, the third year, I made all the losses back and another 15%. Not one and done plays either where I’d lose streak then hit a huge gainer, which made me and 90% of others blow up first few accounts. I agree though. Takes experience and my strategy on it is that simplicity is key (speaking TA and the Greeks like delta/ theta), plus don’t get greedy. So much easier said than done, but options is potentially my fallback, full time occupation in the future. I do like the index strategy, any suggestions 2-5 year time window? Interested in more passive strategies since options can make the average person stare at a screen several hours a day regretting their 0DTE QQQ put play after a 2 pm FED call. Oh the memories

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JRCSUAtx Apr 25, 2023

Not true… I’ve been beating the market (especially last year) with options. Been the case for the last 3+ years. First 2 years was rough, but lost only maybe 18-20K.

Uber smirnov Apr 24, 2023

VTI, obviously. Also, there's no real difference between dividend and growth stocks besides dividends being taxed at a higher rate than capital gains, in case you were under that misconception.

Apple hygcfb Apr 24, 2023

VMFXX, SPRXX

OmniVision Technologies IGZO Apr 25, 2023

VUSXX better than VMFXX if you live in high tax state like CA