Originally posted by DimPrawn
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Passive income
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While you're waiting, read the free novel we sent you. It's a Spanish story about a guy named 'Manual.' -
Originally posted by doodab View PostA predictable market will offer very little opportunity for profit because the information on expected future price movements will be rapidly priced in. What you need is volatility.
Take a look at forex scalping for example.
The only market where there is no profit is a completely flat line one.Comment
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Originally posted by Shimano105 View PostHas anyone succesful created any 'passive income' machines?
Been reading all the 'rich dad poor dad' stuff and '4 hour working week' gubbins recently. The rather obvious premise of these is that you can only retire if you have passive income being generated e.g. from property. It all sounds very inspirational until you try and actually do this, then it starts to seem impossible!
Property - very overpriced (still)
Online business - erm right, doing what exactly?
Shares, Index Funds et al - maybe ask Warren Buffet
Affiliate Marketing - seems like a miilion pyramid schemes out there
Maybe the only way is to write a book about passive income
It is easy to make about 25-30% on return and much higher on some European properties. You will need ready cash in the bank to invest. I suggest you do some in-depth research.
I am not going to give free info on this thread but you can PM me if you (or other regulars) are serious and I will point you in the right direction."A people that elect corrupt politicians, imposters, thieves and traitors are not victims, but accomplices," George OrwellComment
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Originally posted by Paddy View PostUnfortunately you need to look outside of the UK. You can make money in the UK but even if you manage to survive the mountain of legislation preventing businesses from even starting up; your hard earned money will be taken away from you.
It is easy to make about 25-30% on return and much higher on some European properties. You will need ready cash in the bank to invest. I suggest you do some in-depth research.
I am not going to give free info on this thread but you can PM me if you (or other regulars) are serious and I will point you in the right direction.
Cyprus is a very business friendly country and easy to setup a business there with low taxes and no red tape.Comment
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