A guaranteed way to make money, passively.

FindDIY said:

You can do something similar with life insurance.

Get a cash value policy and pay the premium. That's it, nothing more. Once the monthly dividends are more than the premium, stop making payments. Its a 20+ year strategy, but you will have funds to access, if needed, when you reach retirement. You can also continue to make payments to grow the cash value.

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Life insurance has a lot of "traps" in them. The biggest one is opportunity cost. The premiums you are basically a float for them to invest and pocket the long term gains. Insurance companies are hedging their bets against you versus the future returns in the market. The only exception to this that I've seen is term-life insurance (which can be valuable if you need it). I also believe all cash value policy and the death benefits are mutually exclusive.

web_riches said:

I think this is an important think to keep in mind, long term steady growth options. Is it suited for everyone tomorrow.. NO. ... Looking at stocks that give dividends, IRAs Mutual funds, different ways to store money in somewhat safe places... these are all important. Like, after you start to make 5 grand a month, what is your long term plan? well, take $1000 of that each month and invest into the topics posted above. Living off dividends can provided what you need after 10 years. We all hope we can keep making bank long in to old age, but like stuff happens. Perhaps the market changes and your sites are not rocking, perhaps you just get tired of the game... these are ways to set your self up for long term steady income.

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This is well put. I wish I had the foresight to include this in my OP. This was my intention but the impact appears to be very different.

1. Learn about investing
2. .....
3. Have lots of money.
4. Make money passively.

Working on #2.

adverts said:

Life insurance has a lot of "traps" in them. The biggest one is opportunity cost. The premiums you are basically a float for them to invest and pocket the long term gains. Insurance companies are hedging their bets against you versus the future returns in the market. The only exception to this that I've seen is term-life insurance (which can be valuable if you need it). I also believe all cash value policy and the death benefits are mutually exclusive.

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Well, I am getting 4.5% interest at about $330 or so per year. The policy costs about $220 per year. I do not make any premium payments. I guess I was a bad bet...

adverts said:

Are those methods and the proclaimed results reproducible consistently?

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Generally speaking, yes, most methods are reproducible if one puts in the required effort.

Since step one of your method is 'be rich', it's much harder to reproduce than virtually everything else shared here.

adverts said:

I would expect a good portion of the members to be able to save 30% of their income and invest it.

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You're still missing the point. When one's regular expenses are at 80-100% of their income, that extra 30% simply does not exist. And even if there is a significant sum of money invested, it's not often feasible to leave it untouched when there's a major emergency.

Dr. Profit said:

1. Learn about investing
2. .....
3. Have lots of money.
4. Make money passively.

Working on #2.

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The stuff you're doing on BHW and starting sites/marketing etc is great for step 2. Also consider cutting expenses and more side-gigs. Anything you can to do increase your income while keeping your expenses fixed results in higher savings rates and accelerates your timeline.

FindDIY said:

Well, I am getting 4.5% interest at about $330 or so per year. The policy costs about $220 per year. I do not make any premium payments. I guess I was a bad bet...

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What's your surrender value + premiums paid? The opportunity cost still exists..in that the money you've given them could have been invested at a return of 7% (historical annual average) which I can guarantee will be more than what your surrender value will be.

Stavro said:

Generally speaking, yes, most methods are reproducible if one puts in the required effort.

Since step one of your method is 'be rich', it's much harder to reproduce than virtually everything else shared here.

You're still missing the point. When one's regular expenses are at 80-100% of their income, that extra 30% simply does not exist. And even if there is a significant sum of money invested, it's not often feasible to leave it untouched when there's a major emergency.

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I believe these expenses can be cut drastically. Get roommates, don't eat out and cook at home. Skip the latest gadgets and fashion trends. Cut your cable. Cancel Netflix. Drop your $80/month phone plan to a $25/mo phone plan. Carpool/public transit if you can. There are many things that can be done to reduce your expenses. Insurance is there for emergencies. Save up to cover the deductible and maybe 3-6 months of living expenses (not invested, this needs to be liquid, hence 'emergency')

Don't get me wrong--I'm not saying do this method in lieu of SEO/marketing. I'm saying this is something to consider when you have extra income to set yourself up for the long run. By all means, everyone should work at making it big with their site/marketing and pocketing that extra income. But I want to start a conversation on what people can do with that extra income they have.

adverts said:

I believe these expenses can be cut drastically.

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And that's all good advice for someone who lives alone, in a well-connected city, and has has disposable income.

Since most people don't fit in that overly narrow definition, this thread really isn't the 'guaranteed money' you promised in the title.

That graph is awful.

But yes, more people should invest in the market.

Stavro said:

And that's all good advice for someone who lives alone, in a well-connected city, and has has disposable income.

Since most people don't fit in that overly narrow definition, this thread really isn't the 'guaranteed money' you promised in the title.

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It is guaranteed in the sense that if you invest $200 today in the US domestic market, you'll have about $770 in 20 years. Can you say with the same amount of certainty that if someone invested $200 on hosting, domains, likes, votes, views, clicks, that they'll have $770 in 20 years? Most of the ventures probably fizzle out and they're in the hole $200. You only hear the success stories due to surviorship bias.

adverts said:

You only hear the success stories due to surviorship bias.

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The same is true of investing, and brick-and-mortar business, and everything else you can think of. Few people ever talk about their failures, regardless of the industry.

adverts said:

It is guaranteed in the sense that if you invest $200 today in the US domestic market, you'll have about $770 in 20 years.

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And if I invest that same $200 in domains and hosting for template sites, I can flip them within a few weeks for considerably more than the $770 your method would earn.

Stavro said:

The same is true of investing, and brick-and-mortar business, and everything else you can think of. Few people ever talk about their failures, regardless of the industry.


And if I invest that same $200 in domains and hosting for template sites, I can flip them within a few weeks for considerably more than the $770 your method would earn.

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Straw man argument. I'm not saying there aren't higher yielding investments. Of course there are. I'm saying it's guaranteed at ~7%/year over 20+years. There is no survivorship bias so long as you stick your asset allocations. Anyone can achieve the 7% return, passively, and can't be a master domain flipper like you (which isn't passive).

adverts said:

Straw man argument.

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I see this conversation is going nowhere...

Best of luck on whatever it is you're hoping to achieve here.

adverts said:

I would expect a good portion of the members to be able to save 30% of their income and invest it. Over 2 decades, they'd be in roughly the same position of 25x their annual expenses saved. There is no get rich fast scheme to this. It's a get rich slow scheme.

Just to clarify, for the next 2 decades, if a person can save 30% of their income and invest for every year, they'd be in a position to be financially independent.

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My wife and 2 kids, say's not. I'm sure I'm not alone..

adverts said:

It is guaranteed in the sense that if you invest $200 today in the US domestic market, you'll have about $770 in 20 years

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No, it's not.

It's guaranteed that the past investment had that kind of outcome, not the future ones.

Vandyke said:

No, it's not.

It's guaranteed that the past investment had that kind of outcome, not the future ones.

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You're right! But would you bet against that annualized RoR over the next 20-30 years? You'd actually get a more than 7% if we're talking non-inflation adjusted returns...

i done one of these time ago, i had to shell 50k as a holding and buy a app over 1k , i made $1.500 and ran and never agin.

mine was with forex and hard to understand and scary shit, there were losers crying of disappointment sad shit,.

the app is scary and the video tutorials looked a lifetime of learning.

you get a mentor that teaches you every morning of trading and every ending of trading all we did is follow his moves.

you had to have a 50k holding in the account to even trade , your trading off the person app as he a real broker .

was all commision based .

why i opt out the consept to hard and the money was getting bigger , if i had balls and good eyeballs might take a punt but many in the private chat were devastated with losing their cash, humans get very greedy.

Can I get a review copy?

adverts said:

I'm going to preface this and say that this way of making money has nothing to do with internet marketing or social media.

It requires strong discipline and willingness to delay gratification. In my experience, it's the most reliable way I've had of making money over the last 10 or so years. And practically 100% passively.

My job has changed numerous times. I've moved numerous times. Relationships have changed.

But the one thing that has been consistent was the growth of my investments. I'm at little north of $1.8m today with autopilot investments since I started focusing on this. Updating my tracking spreadsheet and paying taxes is about as much involvement as I have with "managing" the investments.

What's the key to all this? Saving, compounding and diversifying @ 70%, 18%, 4%, 8% US domestic, developed, emerging, and bonds, respectively.

Balance:
View attachment 112700

Cost basis:
View attachment 112701

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was this based of forex?

Your method is 100% guaranteed, 100% passive, yes, watching fake images, and

btw OP

where u get your 2016 account on this forum? (reported)

adverts said:

I'm going to preface this and say that this way of making money has nothing to do with internet marketing or social media.

It requires strong discipline and willingness to delay gratification. In my experience, it's the most reliable way I've had of making money over the last 10 or so years. And practically 100% passively.

My job has changed numerous times. I've moved numerous times. Relationships have changed.

But the one thing that has been consistent was the growth of my investments. I'm at little north of $1.8m today with autopilot investments since I started focusing on this. Updating my tracking spreadsheet and paying taxes is about as much involvement as I have with "managing" the investments.

What's the key to all this? Saving, compounding and diversifying @ 70%, 18%, 4%, 8% US domestic, developed, emerging, and bonds, respectively.

Balance:
View attachment 112700

Cost basis:
View attachment 112701

Click to expand...

this shows your not a marketer aswell

I'm going to preface this and say that this way of making money has nothing to do with internet marketing or social media.

some marketers at the top earning 20 million a day from social media, you dont no sh##.


this is self-promoting!

redarrow said:

was this based of forex?

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US domestic stocks, International Developed, Emerging Markets and Bonds. I wouldn't touch forex with a 10 foot pole because I know nothing about it.