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re: Generating Multiple Revenue Streams
Posted on 10/12/12 at 3:56 pm to Swifty
Posted on 10/12/12 at 3:56 pm to Swifty
quote:
Does anyone here have another revenue stream that doesn't involve real estate?
It's tough. All of the (legal) ideas I come up with always involve me doing more manual labor than I'm willing to do.
Posted on 10/15/12 at 7:58 am to UncleLogger
you can look at Dividend stocks. With research you can find 10% payers or bettter, but they will be risky. I would need to buffer those with some solid long term payers (3%).
I am trying to put together a portfolio right now and just starting to research it more in depth but I think I should be able to put together a decent protfolio to return around 6-7% in Divs + capitol gains over the long haul.
Other suggestion would be of the labor intensive variety. Yad work, reselling on Ebay/ Craigs etc.
Although if your a good salesman, you can start a yard service - you get the jobs, handle the contracts, then sub the work out. - take your cut and just have to follow up and make sure work is done.
I am trying to put together a portfolio right now and just starting to research it more in depth but I think I should be able to put together a decent protfolio to return around 6-7% in Divs + capitol gains over the long haul.
Other suggestion would be of the labor intensive variety. Yad work, reselling on Ebay/ Craigs etc.
Although if your a good salesman, you can start a yard service - you get the jobs, handle the contracts, then sub the work out. - take your cut and just have to follow up and make sure work is done.
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