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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 1484447811 02-21-2017, 09:40 AM
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#241
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One of these days I'm going to go through ashins investing thread, pick out all the stocks he has bought,(not the managed funds, the individual stocks) and see just how badly they have done against the s and p.

Clown.
2023 bertie awards 2024 nominations

https://forum.obnoxiousbrutes.com/showthread.php?t=184693083
post 1484454081 02-21-2017, 10:29 AM
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A lot of good ideas in this thread.

Would rep and hook up every miscer who contributed in here with an 8/10 hbb if I could.
( ͡ ͜ʖ ͡)
post 1484461131 02-21-2017, 11:23 AM
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#243
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Originally Posted By iceman****165⏩
The joy is enjoying your 30s 40s 50s 60s 70s by sacrificing your 20s. Even if you dont make 70s, you still have 40 decades to live life on easy mode.

Most low iq plebs impulsive plebs, cant acquire capital and knowledge in their 20s because they are average nobodies who fall for the consumerism trap.
Then they go on to this thread and talk about how unrealistic setting up a stream of passive income is

Originally Posted By samsbolton⏩
One of these days I'm going to go through ashins investing thread, pick out all the stocks he has bought,(not the managed funds, the individual stocks) and see just how badly they have done against the s and p.

Clown.
If you had done research you will know I don't buy funds, and my portfolio is made up of individual companies.

Stay salty <3
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post 1484464341 02-21-2017, 11:48 AM
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#244
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Originally Posted By iceman****165⏩
The joy is enjoying your 30s 40s 50s 60s 70s by sacrificing your 20s. Even if you dont make 70s, you still have 40 decades to live life on easy mode.

Most low iq plebs impulsive plebs, cant acquire capital and knowledge in their 20s because they are average nobodies who fall for the consumerism trap.
first off strong fkn user name.

Second I'd rather hustle up my 20s and enjoy my success along the way and prosper in my 30s. Besides most people are broke in their 20s.
"There are some who do not fear death for they are more afraid of really living."-Ancient proverb




Between the buried and me
post 1484469151 02-21-2017, 12:24 PM
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#245
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Originally Posted By jiujitsubro⏩
first off strong fkn user name.

Second I'd rather hustle up my 20s and enjoy my success along the way and prosper in my 30s. Besides most people are broke in their 20s.
Most people are still broke even in their 40s and 50s..

Another good way to double income is get married
post 1484470291 02-21-2017, 12:33 PM
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#246
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Originally Posted By rdwire88⏩
Another good way to double income is get married
Dat would be it mayne, but how many women get jobs that pay worth a damn?
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post 1484473171 02-21-2017, 12:55 PM
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#247
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Originally Posted By rdwire88⏩
Most people are still broke even in their 40s and 50s..

Another good way to double income is get married
Just lol at getting married to share incomes
post 1484474171 02-21-2017, 01:03 PM
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#248
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Originally Posted By TheDonQ⏩
can recommend Rich Dad, Poor Dad. It's on Audible for us too-busy-to-read-books brahs
or watch the summary here
Good video, rich dad poor dad is a classic ripped

Got you on spread
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post 1484475941 02-21-2017, 01:15 PM
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#249
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Originally Posted By HughBMyron⏩
he's not wrong

Good luck buying a rental property at your age (26) in canada. Just FYI any income you claim from your property goes right onto your income tax. Enjoy the govt raping you every year.

Enjoy property tax.

Enjoy paying capital gains when you go to sell your property

My father owns several property houses that he rents, it isn't as cracked up as it sounds.
The property taxes and interest paid on rental properties' mortagages are tax deductible.
If it's a condo, condo maintenance fees are also tax deducible.
You could also claim any repairs or work done on the property including drive to-and-from there.

The biggest thing to do is invest most of the rental property income into RRSP and poof the negative refund amount disappears
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post 1484477961 02-21-2017, 01:29 PM
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Originally Posted By ashin1⏩
Good video, rich dad poor dad is a classic ripped

Got you on spread
Except for the part where Robert K is a complete fraud and some of the advice (eg. don't waste your time with education) is downright dangerous for most people

http://www.johntreed.com/blogs/john-...oor-dad-part-1

There is some wisdom there but there are plenty of other books and sites that can do a better job of teaching you these things...
post 1484479061 02-21-2017, 01:36 PM
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#251
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Fukkin lol at ''e-book''. Every time you read up on passive income the first thing you'll find is ''write an e-book''. But who was buy once and then copy the chit out of it.

Also....Start YouTube channel. Ok.jpg. The YouTube game has changed entirely. No fukkin way are you gonna make even a little money without putting out quality content every single day.

You're much better off starting a decent business and making decent money. The real value lies in having time to do what you want to do whenever you want to do it. Not saying you won't have to put a lot of time into your business, but at least you'll be making money for YOU and not for someone else.
post 1484489831 02-21-2017, 02:57 PM
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#252
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Originally Posted By TheCreature55⏩
Except for the part where Robert K is a complete fraud and some of the advice (eg. don't waste your time with education) is downright dangerous for most people

http://www.johntreed.com/blogs/john-...oor-dad-part-1

There is some wisdom there but there are plenty of other books and sites that can do a better job of teaching you these things...
You have to take a lot of Kiyosaki's (Rich Dad author) advice with a grain of salt because he does push a lot of product on his readers. Still, the principles in the book make a lot of sense - cash flow is the ticket to freedom.
Originally Posted By UnderwearBandit⏩
Fukkin lol at ''e-book''. Every time you read up on passive income the first thing you'll find is ''write an e-book''. But who was buy once and then copy the chit out of it.

Also....Start YouTube channel. Ok.jpg. The YouTube game has changed entirely. No fukkin way are you gonna make even a little money without putting out quality content every single day.

You're much better off starting a decent business and making decent money. The real value lies in having time to do what you want to do whenever you want to do it. Not saying you won't have to put a lot of time into your business, but at least you'll be making money for YOU and not for someone else.
didn't say e books were the end all be all that was just a list of things off the top of my head to get this thread going, if you read some of the post there are some creative ways miscers are making easy money
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post 1484490191 02-21-2017, 03:00 PM
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#253
  1. InstantLoser
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Originally Posted By ashin1⏩
of course there will be work that needs to be done initially, you think passive income takes zero effort to actually get started? i got sum bad newzz
Way to not answer any of my questions.
"That boulder is too large. I could lift a smaller one."

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Starting Weight (July 2018) - 362
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post 1484490611 02-21-2017, 03:05 PM
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#254
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Originally Posted By InstantLoser⏩
Way to not answer any of my questions.
i remember correctly your question was about passive income not being passive because of the work that needs to be initially put in.

no chit brah
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post 1484490871 02-21-2017, 03:07 PM
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#255
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Originally Posted By rdwire88⏩
Another good way to double income is get married
Just don't have kids..
post 1484491161 02-21-2017, 03:09 PM
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Originally Posted By ashin1⏩
i remember correctly your question was about passive income not being passive because of the work that needs to be initially put in.

no chit brah
I asked more questions than that. You haven't elaborated at all.
"That boulder is too large. I could lift a smaller one."

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Starting Weight (July 2018) - 362
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post 1484492211 02-21-2017, 03:16 PM
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You can pretty much guarantee anyone who uses the term 'passive income' doesn't understand money.

There is no such thing in reality, it comes from people who dont think beyond 'having a career' or 'working for someone else'. They also think that just because you're not getting paid your time doesn't cost anything, they also have no idea about the cost of cash, which once youre beyond your first job is more important than any direct earnings.

A few people have already said it in this thread before but often a finite side earnings will negatively impact your earnings long term, hence why you never see rich people doing this.

I would suggest as a starting point for anyone wanting to improve their financials is to completely understand their current situation first. Open up excel and start tracking all the in's and outs. Looks at what interest youre getting in the bank (if any), play with some numbers on buying properly or investing in shares, etc. Determine where it is you want to be and find a way that can do it.
Things are always as good or as bad as you think they're going to be
post 1484493241 02-21-2017, 03:25 PM
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#258
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Originally Posted By GardHainer⏩
You can pretty much guarantee anyone who uses the term 'passive income' doesn't understand money.

There is no such thing in reality, it comes from people who dont think beyond 'having a career' or 'working for someone else'. They also think that just because you're not getting paid your time doesn't cost anything, they also have no idea about the cost of cash, which once youre beyond your first job is more important than any direct earnings.

A few people have already said it in this thread before but often a finite side earnings will negatively impact your earnings long term, hence why you never see rich people doing this.

I would suggest as a starting point for anyone wanting to improve their financials is to completely understand their current situation first. Open up excel and start tracking all the in's and outs. Looks at what interest youre getting in the bank (if any), play with some numbers on buying properly or investing in shares, etc. Determine where it is you want to be and find a way that can do it.
wat
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post 1484495051 02-21-2017, 03:40 PM
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#259
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What should I invest in for dividends gains? Help me OP!
post 1484495961 02-21-2017, 03:47 PM
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Originally Posted By TheCreature55⏩
Except for the part where Robert K is a complete fraud and some of the advice (eg. don't waste your time with education) is downright dangerous for most people

http://www.johntreed.com/blogs/john-...oor-dad-part-1

There is some wisdom there but there are plenty of other books and sites that can do a better job of teaching you these things...
It's solid advice if you view it ideally and not statistically. Robert Kiyosaki doesn't teach you chit for strategies, in fact most financial advisers don't. You really have to dig deep to find some actual investment strategies by finding and talking to the right people. I discovered some, but have yet to get started, takes money to make money, no such thing as get rich quick, don't know why this mentality is so warped into so many people's minds.
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post 1484499001 02-21-2017, 04:16 PM
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#261
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Originally Posted By ashin1⏩
You have to take a lot of Kiyosaki's (Rich Dad author) advice with a grain of salt because he does push a lot of product on his readers. Still, the principles in the book make a lot of sense - cash flow is the ticket to freedom.
Interesting....Whats square one to begin living in such a way?
OLD MOVIE CREW
post 1484499361 02-21-2017, 04:19 PM
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#262
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Originally Posted By ashin1⏩
google is your friend, and so are books

pick something that interest you make sure the book has good reviews buy it read it profit?

that's how i got started with investing, iseena book called the lazy investorseenit had good reviews, bought it read it and now I'm profiting
Can't take people seriously that say seen instead of saw.

Literally the ultimate sign of being retarded.
post 1484503611 02-21-2017, 04:51 PM
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#263
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Originally Posted By DrWilliam⏩
What should I invest in for dividends gains? Help me OP!
start researching about blue chip companies that offer "dividend growth"

to give you and idea of these too big to fail companies think of brands like proctor and gamble, McDonald, johnson johnson, cocacola....
Originally Posted By 300BLK⏩
It's solid advice if you view it ideally and not statistically. Robert Kiyosaki doesn't teach you chit for strategies, in fact most financial advisers don't. You really have to dig deep to find some actual investment strategies by finding and talking to the right people. I discovered some, but have yet to get started,takes money to make money, no such thing as get rich quick, don't know why this mentality is so warped into so many people's minds.
most people don't realize how much they can sock away and invest if they are patient with saving for a couple years
Originally Posted By Mr.PissShivers⏩
Interesting....Whats square one to begin living in such a way?
open a low cost self-directed brokerage account
Originally Posted By Vhagar⏩
Can't take people seriously that say seen instead of saw.

Literally the ultimate sign of being retarded.
have you seen this yet?














































































































































































































































































lol plebs gonna pleb
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post 1484504541 02-21-2017, 04:59 PM
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#264
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just lol if you aren't a successful business owner
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post 1484504701 02-21-2017, 05:00 PM
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#265
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Originally Posted By RealAesthetic⏩
just lol if you aren't a successful business owner
income tax write offs of peace and prosperity
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post 1484505161 02-21-2017, 05:03 PM
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#266
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open a low cost self-directed brokerage account
Better find out what that is first...lol

I'm so ignorant on this subject its laughable.
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post 1484505701 02-21-2017, 05:08 PM
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#267
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[QUOTE=ashin1 post_id=1484503611][img]http://i.imgur.com/AZCtp2W.jpg[img]

lol plebs gonna pleb[/QUOTE]T4 is only the employment income right? What's your day job?
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post 1484505811 02-21-2017, 05:09 PM
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smart stuff OP
post 1484505871 02-21-2017, 05:10 PM
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#269
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Originally Posted By jpmpdt⏩
T4 is only the employment income right? What's your day job?
Right...
ER tech for the 350th time
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post 1484506671 02-21-2017, 05:15 PM
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#270
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Originally Posted By ashin1⏩
Right...
ER tech for the 350th time
your after deductions income hasn't changed in the last 3 years?
http://forum.obnoxiousbrutes.com/showth...hp?t=162127801
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