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Posted: 1/17/2021 12:40:34 PM EDT
Arfcom millionaires, what are the best investments that provide monthly income?

what are your personal experiences preferrably.

I know, hookers and blow......

thnks
Link Posted: 1/17/2021 12:41:08 PM EDT
[#1]
Skills and a job.
Link Posted: 1/17/2021 12:41:56 PM EDT
[#2]
Quoted:
Arfcom millionaires, what are the best investments that provide monthly income?

what are your personal experiences preferrably.

I know, hookers and blow......

thnks
View Quote


You don't have enough money to make this work.
Link Posted: 1/17/2021 12:42:00 PM EDT
[#3]
A 60/40 ratio biased towards blow over hookers is the ideal setup for most folks.
Depending on your income to asset ratio you may want to adjust the balance towards blow if your income needs are a smaller percentage of your assets and vice versa.

Blow provides the greatest return potential but is also very heavily affected by economic downturn. Being high priced a lack of partying and cash flow can greatly decrease the demand and thus your equity. However this can be offset with hookers who provide very consistent if not impressive dividends, you just have to be cautious of the demand going up during downturns, and coming back down during times of economic recovery.  Your hookers won't ever excite you, but they can pay today's bills when times are tough.  Your blow will pay tommorows bills.

This isn't even going into the different asset classes such as fat hookers and not fat hookers, but is enough to take care of most people's needs.
Link Posted: 1/17/2021 12:43:38 PM EDT
[#4]
Onlyfans
Link Posted: 1/17/2021 12:44:17 PM EDT
[#5]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
Skills and a job.
View Quote

FPNI

and tools
Link Posted: 1/17/2021 12:44:39 PM EDT
[#6]
Rental Property
Link Posted: 1/17/2021 12:44:53 PM EDT
[#7]
ost
Link Posted: 1/17/2021 12:45:11 PM EDT
[#8]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
Skills and a job.
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FirstPostIsBrutallyHonestAndStillNailsIt
Link Posted: 1/17/2021 12:45:52 PM EDT
[#9]
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Quoted:
Rental Property
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Anybody that knows anything knows this ^
Link Posted: 1/17/2021 12:46:39 PM EDT
[#10]
I’m looking into getting a property for Air BnB/VRBO. I have friends who have stopped renting because people trash their property and they’re making a killing, especially with people being hesitant of hotels during Covid. People are only there for a night or two and typically people using VRBO aren’t trash to begin with.
Link Posted: 1/17/2021 12:46:56 PM EDT
[#11]
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Quoted:


Anybody that knows anything knows this ^
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commercial or residential?
Link Posted: 1/17/2021 12:48:24 PM EDT
[#12]
Please be more vague about what you're asking OP.
Link Posted: 1/17/2021 12:50:20 PM EDT
[#13]
Bonds, rentals, other investments
Link Posted: 1/17/2021 12:53:33 PM EDT
[#14]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
I’m looking into getting a property for Air BnB/VRBO. I have friends who have stopped renting because people trash their property and they’re making a killing, especially with people being hesitant of hotels during Covid. People are only there for a night or two and typically people using VRBO aren’t trash to begin with.
View Quote

A lot of people doing that took a bath when COVID hit and people couldn't travel; the short-term rental market went into the crapper.

Also watch local zoning & city ordinances as many prohibit STR's in residential areas.

Don't know about VRBO but AirBNB cancelled all reservations with no recourse to the landlord for rentals in the DC Metro area for the inauguration.
Link Posted: 1/17/2021 12:53:50 PM EDT
[#15]
There are a few index funds out there that pay yield on a monthly basis.  There's no particular advantage to this for long term investing but if you want low effort monthly income, this is one way.

Won't get rich though, that's for sure.
Link Posted: 1/17/2021 12:54:39 PM EDT
[#16]
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Quoted:


You don't have enough money to make this work.
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Discussion ForumsJump to Quoted PostQuote History
Quoted:
Quoted:
Arfcom millionaires, what are the best investments that provide monthly income?

what are your personal experiences preferrably.

I know, hookers and blow......

thnks


You don't have enough money to make this work.



This. My company pays out 99% of our profit in dividends, that was $1.75 p/sh last FY. I am a big DRIP guy and thus i just let it keep reinvesting..i buy our stock at a 10% discount which is a nice perk, wkth a ceiling of $25k max per FY that i can buy.

I have about 900 shares so i could get a nice monthly pay out with this.  I plan on getting to 1k and transferring it to my kids.
Link Posted: 1/17/2021 12:57:01 PM EDT
[#17]
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Quoted:


commercial or residential?
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I think residential is the way to go. If you had  a handful of rental houses when you retire you’d probably be in pretty good shape financially.

I’m just a poor though
Link Posted: 1/17/2021 1:01:58 PM EDT
[#18]
Rental property seems like a suicide mission right now.

Residentially we're 8 months in to eviction moratoriums.

Commercially we're 8 months in to restaurants and retail stores being capacity limited.

I don't think we've seen all the collateral damage from the above yet, but it's coming.  
Link Posted: 1/17/2021 1:04:00 PM EDT
[#19]
Tons of income products out there. Just depends on what you want and taxes.
Link Posted: 1/17/2021 1:04:56 PM EDT
[#20]
Become a politician and sell out your country?

Seems to have made a lot of people a whole lot of money.
Link Posted: 1/17/2021 1:04:58 PM EDT
[#21]
I can’t imagine aspiring to own rentals in a time where owners have decreasing ability to control rate or even evict nonpayers.

Total stock market funds, sell what you need when you need income.
Link Posted: 1/17/2021 1:07:54 PM EDT
[#22]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
Rental property seems like a suicide mission right now.

Residentially we're 8 months in to eviction moratoriums.

Commercially we're 8 months in to restaurants and retail stores being capacity limited.

I don't think we've seen all the collateral damage from the above yet, but it's coming.  
View Quote



I agree,  Biden is going to destroy you because no one is going to have to pay their rent and you can't kick them out.
Link Posted: 1/17/2021 1:14:24 PM EDT
[#23]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
I can’t imagine aspiring to own rentals in a time where owners have decreasing ability to control rate or even evict nonpayers.

Total stock market funds, sell what you need when you need income.
View Quote View All Quotes
View All Quotes
Discussion ForumsJump to Quoted PostQuote History
Quoted:
I can’t imagine aspiring to own rentals in a time where owners have decreasing ability to control rate or even evict nonpayers.

Total stock market funds, sell what you need when you need income.

Quoted:



I agree,  Biden is going to destroy you because no one is going to have to pay their rent and you can't kick them out.


Why not do both?

I don’t just stuff my rental property income into a mattress.
Link Posted: 1/17/2021 1:18:23 PM EDT
[#24]
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Quoted:
Rental Property
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Agree... but things are changing and this may soon not be the case... whitey owns too much of it and therefore it is going to be heavily taxed very soon... now orange man bad gone... we work on white man bad
Link Posted: 1/17/2021 1:18:55 PM EDT
[#25]
Quoted:
Arfcom millionaires, what are the best investments that provide monthly income?

what are your personal experiences preferrably.

I know, hookers and blow......

thnks
View Quote


The correct term for the income you are referring to is: "passive income".
A better way to ask this would be to ask: "What are good sources of passive income?".

https://en.wikipedia.org/wiki/Passive_income
Link Posted: 1/17/2021 1:19:52 PM EDT
[#26]
Rental property, it worked for me.
Link Posted: 1/17/2021 1:21:04 PM EDT
[#27]
Stable of whores.
Link Posted: 1/17/2021 1:24:22 PM EDT
[#28]
Closed end funds (CEF's) are great dividend payers. They use leverage (borrowed money) to juice returns. Many pay 5-8% per year.
Link Posted: 1/17/2021 1:28:46 PM EDT
[#29]
Discussion ForumsJump to Quoted PostQuote History
Quoted:

A lot of people doing that took a bath when COVID hit and people couldn't travel; the short-term rental market went into the crapper.

Also watch local zoning & city ordinances as many prohibit STR's in residential areas.

Don't know about VRBO but AirBNB cancelled all reservations with no recourse to the landlord for rentals in the DC Metro area for the inauguration.
View Quote


Minnesota couldn’t let a good thing be.

https://minnesota.cbslocal.com/2020/03/02/new-property-tax-classification-has-some-minnesota-cabin-owners-scrambling/


New Property Tax Classification Has Some Minnesota Cabin Owners Scrambling

MINNEAPOLIS (WCCO) — There could be fewer rental options up north this summer as cabin owners await action at the State Capitol.  A change in property taxes has left some owners no choice but to pull their listings to avoid a much bigger tax bill.

But, a proposal in St. Paul could clear up an uncertain future.

Nancy Voth made the move from Minnesota to Seattle a few years ago, so her summers on scenic Lake Vermillion have been shorter.

“We grew up going to Northern Minnesota on family vacations,” Voth said.

As property taxes on their three-bedroom cabin continued to climb to $12,500 a year.
Link Posted: 1/17/2021 1:34:55 PM EDT
[#30]
Several years ago I bought some debt at a nice discount, it provided my monthly fun money for a few years. My return was fucking awesome too.

Obviously risky if you don’t know the playing field.
Link Posted: 1/17/2021 1:42:26 PM EDT
[#31]
If you aren't into trading options or futures, there is always the Dogs of the Dow. Buy the ten highest yielding dividend stocks on the Dow for current income. But you may get screwed on capital appreciation.

You can also look into MLPs but I don't mess with those
Link Posted: 1/17/2021 1:44:23 PM EDT
[#32]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
Several years ago I bought some debt at a nice discount, it provided my monthly fun money for a few years. My return was fucking awesome too.

Obviously risky if you don’t know the playing field.
View Quote


please elaborate...
Link Posted: 1/17/2021 1:47:00 PM EDT
[#33]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
If you aren't into trading options or futures, there is always the Dogs of the Dow. Buy the ten highest yielding dividend stocks on the Dow for current income. But you may get screwed on capital appreciation.

You can also look into MLPs but I don't mess with those
View Quote


My Little Ponies?

Isn't that like investing in Beanie Babies?

Link Posted: 1/17/2021 1:49:58 PM EDT
[#34]
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Quoted:


commercial or residential?
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Both are being totally devastated right now.  I'd hold off for 6-8 months to see what happens with residential - if the mass of foreclosures happens (assuming biden doesn't implement full-on communism) then there will be a lot of houses on the market.  Perfect time to buy.  

Commercial will likely take longer to bounce back.

You really need multiple streams of income to be guaranteed stability.  The faux-pandemic has proven this out.  I have stocks that consistently give out dividends, a stable job, and plan to get into some rentals if prices ever return to normal - most likely self-storage units.  My dividends are rather paltry right now, but I have them reinvesting automatically.  Eventually, they'll produce some notable income.
Link Posted: 1/17/2021 1:50:45 PM EDT
[#35]
Quoted:
Arfcom millionaires, what are the best investments that provide monthly income?

what are your personal experiences preferrably.

I know, hookers and blow......

thnks
View Quote


I bought $80,000 worth of  DHY and MO in March - April 2020.  Yielding an average of 8.23%.
Link Posted: 1/17/2021 1:51:08 PM EDT
[#36]
Link Posted: 1/17/2021 1:51:53 PM EDT
[#37]
Discussion ForumsJump to Quoted PostQuote History
Quoted:


I bought $80,000 worth of  DHY and MO in March - April 2020.  Yielding an average of 8.23%.
View Quote
should have bought MVIS, TSLA and Bitcoin.
You would be up several hundred % (I've been buying and selling since it was sub $1.00 - day trading essentially.)

More seriously, my VFIAX and FBGRX funds are up about 21-25% since late spring.


Link Posted: 1/17/2021 1:52:33 PM EDT
[#38]
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Quoted:


please elaborate...
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Your buying some else's problem at a discount.
Link Posted: 1/17/2021 1:53:19 PM EDT
[#39]
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Quoted:
Skills and a job.
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Simple....effective....seems easy enough.......

Tell me more!
Link Posted: 1/17/2021 1:53:20 PM EDT
[#40]
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Quoted:



My Little Ponies?

Isn't that like investing in Beanie Babies?

View Quote
Lol, I knew I should have typed out Master Limited Partnerships

These all yield over 10%, at least at time of writing in June

https://money.usnews.com/investing/stock-market-news/slideshows/high-yield-mlps-to-buy-now
Link Posted: 1/17/2021 1:53:21 PM EDT
[#41]
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Quoted:


I bought $80,000 worth of  DHY and MO in March - April 2020.  Yielding an average of 8.23%.
View Quote


That's quite an impressive resume.

Link Posted: 1/17/2021 1:53:40 PM EDT
[#42]
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Quoted:


commercial or residential?
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View All Quotes
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Quoted:
Quoted:


Anybody that knows anything knows this ^


commercial or residential?



I wouldn’t want to go anywhere near commercial right now.
Link Posted: 1/17/2021 1:57:00 PM EDT
[#43]
I have about 130,000 in FAGIX in an IRA and it kicked off about $350 last month which bought another 33 shares which will increase next months haul by another dollar. Not sexy but it works for me as part of an overall system.


FAGIX
FIDELITY CAPITAL & INCOME FUND


High Yield Bond
+1.25% YTD
+10.24% Last year
+7.30% 3year
+8.84%  5 year
+7.24% 10 year
0.67% expense ratio

5 star rating

Link Posted: 1/17/2021 1:57:02 PM EDT
[#44]
Whores, pimping is a hard life sometimes.

Sexual based webcams.
Link Posted: 1/17/2021 1:57:54 PM EDT
[#45]
Residential is great, but it is not entirely passive and a person damned well better know what they are doing. I know plenty of people who would never do it again, because they didn't understand what they were getting into.
Link Posted: 1/17/2021 1:57:59 PM EDT
[#46]
Master Limited Partnerships (MLP) can be an excellent source of income, particularly if you die before your cost basis reaches zero.

Until then, distributions (which are defined as a return of capital, not dividends), are tax free until your cost basis reaches zero.

The cost basis resets for your heir, and the cycle starts again.

EPD is a very solid oil and gas pipeline company that would be a good choice.

Con wrt MLPs: Yearly tax filing becomes a bit more complicated.
Link Posted: 1/17/2021 2:06:32 PM EDT
[#47]
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Quoted:
EPD is a very solid oil and gas pipeline company that would be a good choice.

View Quote
I'm pretty worried about anything oil-related going forward?
Link Posted: 1/17/2021 2:07:13 PM EDT
[#48]
Ive been buying some EFC lately. Pays a dividend monthly and is currently at about 8% yield.

EFC
Link Posted: 1/17/2021 2:11:35 PM EDT
[#49]
keeping the poors down.
Link Posted: 1/17/2021 2:19:39 PM EDT
[#50]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
Ive been buying some EFC lately. Pays a dividend monthly and is currently at about 8% yield.

EFC
View Quote



Looking into this.
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