LifeFuel Passive Income?

[Ghost]

Especially if you're a NEET who is set to inherit at least $500k in combined cash and property...

Sell house and invest the $500k into monthly dividend ETFs. Get one that pays at least 5% dividend... 5% of 500k is $25000... Divide that by 12 is $2083.33 monthly.

You're better off getting a bachelor pad and living off the $2083.33 a month. Don't touch the $500k worth of shares unless you really need to. And set aside some to buy more shares every month... And watch it compound and increase more income every month...

Why keep a house that you have to pay taxes and maintain when you can get a monthly dividend ETF that pays you to own it?

Here's ideas:
https://www.investopedia.com/investing/monthly-dividend-etfs/

 

[Indari]

tfw no 500k

 

[Dekim]

This message is brought to you by the national association of real estate agents.

 

[Deleted member 3291]

hmm

 

[Indari]

This message is brought to you by the national association of real estate agents.

 

[Grapefruit]

>passive income
>just need 500k starting funds

Good thing we all have that much. Not.

 

[Ghost]

tfw no 500k

Lol you can do it even with $100 or less. Your monthly income would be about $0.40... what can 40 cents buy you?

 

[FeminismsCancer]

tfw no 500k

 

[th62eathhts2]

it's the 2 decades i have to wait before they die that concerns me.

 

[Lechuga]

I don't have 500k laying around...

 

[_incelinside]

tfw no 500k

 

[Henry de Montherlant]

With 500k in the bank, you basically don't even need a passive income lmao

 

[ArtoriasWolf]

If I had half a million there is no way I would risk it all on shares.

 

[Deleted member 2119]

I don't have 500k

 

[Deleted member 6501]

 

[FeminismsCancer]

With 500K I could start some horse ranch or something.

 

[Hoffman_13]

with that money i would buy cheap land far away from any major city

 

[kappo0]

wow so i cna become a neet just nead to kill my parents first

 

[Jockcel]

tfw no 500k