General Question

WakeUp's avatar

What is the easiest way to make $30k passively on an annual basis?

Asked by WakeUp (421points) August 4th, 2008

Jobs are a real bummer, how can I not have one?

Observing members: 0 Composing members: 0

13 Answers

augustlan's avatar

If you find out, you could sell the secret to all of us, and make far more than 30k!

shilolo's avatar

Passive prostitution

kevbo's avatar

Invest $500,000 at 6%.

more seriously, this book and/or this book might help

richardhenry's avatar

Wait, Fluther haven’t send you your cheque yet?

Response moderated (Spam)
flameboi's avatar

Invest $350.000 at 9% overseas (risky, but worths the shot)

WakeUp's avatar

Thanks for the links Kevbo, those books both look to be right up my alley.

I’ll look into this GBG as well, but it seems like a MLM type deal off the bat.

RandomMrdan's avatar

Pick up sales, there is always a need for sales people. I make just under 40k a year working part time. So if you think you can hack sales goals, and pressure to be consistent, go for it.

LKidKyle1985's avatar

dan, I think you missed the point where he wants to do it passively, Which means he does not have to sit at an office on a salary or commissioned or hourly rate. He can make money while hes just chillin. Probably the only way to do this is to invest your money. There are thousands of ways to invest your money. Probably the most reliable way is in the real estate market, Even though it sucks right now, if you invest now, when it turns around you will be doing great. But there is no 100% safe way to invest your money, unless you already have 500,000 sitting around in a bank some where.

gailcalled's avatar

You guys forgot the taxes if there is a 6% return. Tax-free $1 million at 3% and no accountant fees.

RandomMrdan's avatar

ahhh, thanks kyle.

mikegoelzer's avatar

Acquire assets that pay dividends of $30k per year.

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