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Forum » lol just fukin lol @ people who don't have passive income
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Thread: lol just fukin lol @ people who don't have passive income

post 1484372271 02-20-2017, 06:15 PM
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#91
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Originally Posted By RushEm⏩
Passive income is money that you make without actively putting in time. You do the initial set up and maintenance every so often, but for the most part it is able to make you money around the clock.

Something like a YouTube video is a good example because you put in time to make the video, but after that it is hands off and can make you money (from viewers watching/clicking ads) for months or even years to come
Ah.. ok. Yeah, I have none of that unless you count Pokecoins from taking over gyms in Pokemon Go.
-best poster of 2017 (haters are jealous as fuk lol ya'll can't see me i stay crispy)
post 1484372701 02-20-2017, 06:18 PM
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Originally Posted By ashin1⏩
actually i did rent a property it was under my name, it was also agreed between me and my land lord i could have roommates as long as he got his $900 every month.

I bought property in April, i borrowed $45k(already paid them back $10k) from my parents to buy some land, I bought a trailer and paid for it to get moved hooked up, and chit. I basically contracted the whole thing to become a livable space with my own cash. so no banks or mortgages were involved.
i receive $500 for rent. plus now i make anywhere form $600-$700 a month on dividend income so every month im bring in over$1000passively





still mad?
Mad at you having to borrow money from your parents to buy a fooking trailer lmao

No. I own a house and have equity in it.

also forwarding this thread to CRA to investigate in your tax fraud/not claiming rent on your income tax
"Steven Curry is a mouth guard chewing piece of chit" - Gandhi
post 1484372801 02-20-2017, 06:18 PM
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Originally Posted By ashin1⏩
actually i did rent a property it was under my name, it was also agreed between me and my land lord i could have roommates as long as he got his $900 every month.

I bought property in April, i borrowed $45k(already paid them back $10k) from my parents to buy some land, I bought a trailer and paid for it to get moved hooked up, and chit. I basically contracted the whole thing to become a livable space with my own cash. so no banks or mortgages were involved.
i receive $500 for rent. plus now i make anywhere form $600-$700 a month on dividend income so every month im bring in over$1000passively





still mad?
Lmao I knew you were one of those trust fund Asians who can borrow large sums from his parents to invest with. That my friend is the irony in you making this thread, *******. Tempted to neg as well srs
post 1484373001 02-20-2017, 06:19 PM
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Originally Posted By ashin1⏩
actually i did rent a property it was under my name, it was also agreed between me and my land lord i could have roommates as long as he got his $900 every month.

I bought property in April, i borrowed $45k(already paid them back $10k) from my parents to buy some land, I bought a trailer and paid for it to get moved hooked up, and chit. I basically contracted the whole thing to become a livable space with my own cash. so no banks or mortgages were involved.
i receive $500 for rent. plus now i make anywhere form $600-$700 a month on dividend income so every month im bring in over$1000passively

still mad?
So hang on, you bought land to put a trailer on? You rent the trailer out for $400 per month?

So your land and trailer are worth $45k + $10k for the trailer? $55k? You get $4,800 per year in rent.

But where do you live? You share this trailer with somebody?

You also have a loan you need to repay, so how exactly is this a passive income? You are paying off debt, you are not MAKING $1,000 a month. That's your gross income

Please give me more specifics.
post 1484373031 02-20-2017, 06:19 PM
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#95
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Originally Posted By iceman****163⏩
if you in your 20s and dont save every cent, you are confirmed battery and will be slaving away for other people at 40.
What is the joy in life if you're just saving all your money and don't have fun every now and then? I could be hit by a bus and die tomorrow.

and 90% of us are going to be slaving into our 60's regardless.
-best poster of 2017 (haters are jealous as fuk lol ya'll can't see me i stay crispy)
post 1484373051 02-20-2017, 06:20 PM
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Originally Posted By ashin1⏩
real estate
ad revenue
youtube
income investing
e-books
How the phuck is YouTube passive?? You gotta work on that **** to keep subscribers.
post 1484373311 02-20-2017, 06:22 PM
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Originally Posted By XFactah416⏩
While this is true, you can also say something like there's basketball players making 100+ million dollars a year..

Don't kid yourself, to be in the YouTube / Twitch elite you have to have a certain type of personality or be buddy buddy with the top already. It's hard to even get noticed on YT or Twitch. If you want to be on Twitch and make it big, you're streaming basically every day 8+ hours a day and must interact with the 13 year old memers.
This. OP likes to make it sound as though Youtube is a fun side gig you can do to make some easy money. In reality, the only people making any real money from youtube are the people treating it as a full time job, and they are probably putting in more hours (in filming, editing, etc) than what most people work at a full time job. Building a youtube channel will see you putting in an insane amount of time & effort for very little return until you can grow your channel to the point where you have a big enough subscriber base + monthly views to have a reliable income from it.

Cliffs: if making money from youtube was easy, everybody would quit their jobs tomorrow
post 1484373471 02-20-2017, 06:23 PM
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Originally Posted By HughBMyron⏩
Mad at you having to borrow money from your parents to buy a fooking trailer lmao

No. I own a house and have equity in it.

also forwarding this thread to CRA to investigate in your tax fraud/not claiming rent on your income tax
Originally Posted By quadfecta⏩
Lmao I knew you were one of those trust fund Asians who can borrow large sums from his parents to invest with. That my friend is the irony in you making this thread, *******. Tempted to neg as well srs
keep coping, if you think im gonna turn down an interest free loan just to avoid rustling the misc than you are sadly mistaken. Lol
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post 1484373611 02-20-2017, 06:24 PM
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tfw my parents has second house for me in the future

post 1484373631 02-20-2017, 06:24 PM
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Originally Posted By galaxybrah⏩
Poor crew checking in,
OP I have no clue how to do any of that and don't even know where to get started, I am interested but no clue what to do
I have an idea how to do some of them but no clue how to get at it, like where do i go to invest???
age: 15 dont hate
there are 14 yr old wizards making 60k doing cpa on fb, instagram.

not giving any fuks being basement dwellers.
:/
post 1484373961 02-20-2017, 06:26 PM
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Originally Posted By ashin1⏩
keep coping, if you think im gonna turn down an interest free loan just to avoid rustling the misc than you are sadly mistaken. Lol
It's not cope dipchit. The reality is it would take your average person 5+ years to save that money but you being an only child with Asian parents who have money you can borrow 45k interest free no problem (and probably won't have to pay back all of it either)

Check your privilege and stop acting like you're smart or more financially savvy than other people.
post 1484373971 02-20-2017, 06:26 PM
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Originally Posted By ashin1⏩
keep coping, if you think im gonna turn down an interest free loan just to avoid rustling the misc than you are sadly mistaken. Lol
So you decide to mock the misc calling them idiots for not having passive income, when you needed mommy and daddies help to finance a fooking trailer in northern Canada.

OP getting EXPOSED on epic levels ITT.
"Steven Curry is a mouth guard chewing piece of chit" - Gandhi
post 1484373991 02-20-2017, 06:26 PM
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Originally Posted By F1exAppeal⏩
How the phuck is YouTube passive?? You gotta work on that **** to keep subscribers.
It's passive in the sense that you're not trading time for money in a strict sense. I mean, you're not trading x amount of hours for x amount of dollars. If you have a monetized youtube channel with a big enough subscriber base, you're making money from it while you're not working.
post 1484374031 02-20-2017, 06:26 PM
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lmao this n!qqa seriously sitting here bragging about his "passive" income he's generating from renting out a trailer he bought using parents money ****ing lmao the jokers you see on misc
post 1484374041 02-20-2017, 06:26 PM
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Originally Posted By Rexcalibr⏩
What is the joy in life if you're justsaving all your money and don't have fun every now and then?I could be hit by a bus and die tomorrow.

and 90% of us are going to be slaving into our 60's regardless.
if you have a high paying job you can do both
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post 1484374351 02-20-2017, 06:28 PM
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#106
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Originally Posted By ashin1⏩
keep coping, if you think im gonna turn down an interest free loan just to avoid rustling the misc than you are sadly mistaken. Lol
Then how can you possible get other to follow or admire you when you are getting hand out from mummy and daddy?

Why would anyone have any interest in following your blog when you are holding yourself out to be an expert?

You own a trailer on a piece of land. You share this with somebody (I think). You have limited scope for growth, its land for a trailer after all.

I can't follow your path for success, it's too murky. Give me the steps and figures you worked with so I can replicate your model.

But please bear in mind, I can't get a $45k interest free loan from my parents.
post 1484374501 02-20-2017, 06:29 PM
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Originally Posted By HughBMyron⏩
So you decide to mock the misc calling them idiots for not having passive income, when you needed mommy and daddies help to finance a fooking trailer in northern Canada.

OP getting EXPOSED on epic levels ITT.
i could pay them back in full over in one transaction. but why bother, considering i know how to make money grow(at least more than in my parents high interest savings account).

lol don't be mad your parents dont have any fiscal management skills other wise maybe they could help you out.


lol just lol
Originally Posted By lukeaye⏩
Then how can you possible get other to follow or admire you when you are getting hand out from mummy and daddy?

Why would anyone have any interest in following your blog when you are holding yourself out to be an expert?

You own a trailer on a piece of land. You share this with somebody (I think). You have limited scope for growth, its land for a trailer after all.

I can't follow your path for success, it's too murky. Give me the steps and figures you worked with so I can replicate your model.

But please bear in mind, I can't get a $45k interest free loan from my parents.
not looking for admiration, just curious to see who all has passive income. also im not an expert but i do get emails asking to participate in stock picks for there blog.





you sir are a hater
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post 1484374721 02-20-2017, 06:30 PM
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#108
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Originally Posted By ashin1⏩
keep coping, if you think im gonna turn down an interest free loan just to avoid rustling the misc than you are sadly mistaken. Lol
You obviously also care. Why else would you put so much effort into your blog and website.

You are here trying to market yourself, but what your selling doesn't make any sense.

Either provide some coherent responses and evidence of your wisdom or neck up.
post 1484374951 02-20-2017, 06:32 PM
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Originally Posted By ashin1⏩
i could pay them back in full over in one transaction. but why bother, considering i know how to make money grow(at least more than in my parents high interest savings account).

lol don't be mad your parents dont have any fiscal management skills other wise maybe they could help you out.


lol just lol
You paid back $10k on an interest free loan.

Why do this if you can make 7% from your share portfolio?

How do your parents have fiscal management skills if they are giving money out for free? That's by your own definition moronic.

You make 0 sense
post 1484375061 02-20-2017, 06:33 PM
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#110
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Originally Posted By ashin1⏩
i could pay them back in full over in one transaction. but why bother, considering i know how to make money grow(at least more than in my parents high interest savings account).

lol don't be mad your parents dont have any fiscal management skills other wise maybe they could help you out.


lol just lol
Guess you weren't paying attention when i mentioned how many rental properties my parents have.

Sorry my rich parents didn't spoon feed their child

lol at you. Delete this thread so people stop exposing you. I feel sad for a low energy mongrel like yourself.
"Steven Curry is a mouth guard chewing piece of chit" - Gandhi
post 1484375321 02-20-2017, 06:35 PM
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Originally Posted By ashin1⏩
i could pay them back in full over in one transaction. but why bother, considering i know how to make money grow(at least more than in my parents high interest savings account).

lol don't be mad your parents dont have any fiscal management skills other wise maybe they could help you out.


lol just lol
Just checked your blog. LOL what a boring website, you need something more dynamic, maybe some videos or something on there you beta.
post 1484375821 02-20-2017, 06:39 PM
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#112
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What exactly is the purpose of this thread?
I identify as a chad with a jawline so chiseled it can cut diamond, don't assume my genetics

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post 1484375991 02-20-2017, 06:40 PM
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Originally Posted By LegDayLol⏩
What exactly is the purpose of this thread?
To lol at people who don't want to be like him.

Essentially a liar and fraudster.
post 1484376131 02-20-2017, 06:41 PM
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#114
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Originally Posted By HughBMyron⏩
Guess you weren't paying attention when i mentioned how many rental properties my parents have.

Sorry my rich parents didn't spoon feed their child

lol at you. Delete this thread so people stop exposing you. I feel sad for a low energy mongrel like yourself.
Originally Posted By lukeaye⏩
You paid back $10k on an interest free loan.

Why do this if you can make 7% from your share portfolio?

How do your parents have fiscal management skills if they are giving money out for free? That's by your own definition moronic.

You make 0 sense
Originally Posted By batspoof⏩
Just checked your blog. LOL what a boring website, you need something more dynamic, maybe some videos or something on there you beta.


this guy liked what i had to say so much he gave me a $100 gift card
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post 1484376451 02-20-2017, 06:44 PM
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#115
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Originally Posted By XFactah416⏩
While this is true, you can also say something like there's basketball players making 100+ million dollars a year..

Don't kid yourself, to be in the YouTube / Twitch elite you have to have a certain type of personality or be buddy buddy with the top already. It's hard to even get noticed on YT or Twitch. If you want to be on Twitch and make it big, you're streaming basically every day 8+ hours a day and must interact with the 13 year old memers.
Dude, shut up. YouTube money is 10000x easier to make for 1. Yes it's hard to get in now, but back when gaming exploded 90s kids jumped on and started making big bucks. You didn't even have to be good, some YouTubers like PewDiePie are silly and make millions. As for personality, ANYBODY can develop a good personality. I've watch Chris Smoove's old videos and he was quiet as fuk, look at him now.

My point is, ALWAYS been on the look out for new opportunities. I was a 90s kid and could've capitalized on out on YouTube back in 2005-2006, but missed out. Netflix was another GREAT opportunity I missed out on since I didn't have a job to invest. Back then, sht like this didn't exists but in our generation there's new inventions on the horizon

With your thought process you'lll always be a slave because you always doubt everything before trying it. Try something for 5 years then complain if nothing was gained. Of course it's gonna be hard, but you'd be dumb not to use some of your spare time in learning passive income revenue ways.
post 1484376541 02-20-2017, 06:45 PM
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#116
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ITT: opie doesn't understand the definition of passive income

opie seems to believe its passive income when he's still in debt over 40k on his investment which he doesn't even technically own (equity still belongs to his tiger mom and daddy chang)



Dis gon b gude.
post 1484376611 02-20-2017, 06:45 PM
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#117
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does a trust fund count?
- I'm sorry; I couldn't hear your complaints over the sound of all this freedom!

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post 1484376891 02-20-2017, 06:48 PM
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#118
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everyone I know irl that tries to make money off other properties fuking hates it and don't seem any more well off financially (to outward appearances, I guess they could be nesteggin?), and all they do is bitch about their **** tenants, or, when they get sick of **** tenants, unable to find any good tenants.
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post 1484376941 02-20-2017, 06:48 PM
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#119
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Originally Posted By ashin1⏩


this guy liked what i had to say so much he gave me a $100 gift card
You also getting a million dollars from a Nigerian prince OP?

Don't send him your parents money OP it's a trap.
"Steven Curry is a mouth guard chewing piece of chit" - Gandhi
post 1484377101 02-20-2017, 06:50 PM
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#120
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This kid has a couple hundred K and talking to people like he's Tony Montana
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