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Started By
Message
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Posted on 9/2/23 at 7:12 am
Posted on 9/2/23 at 7:12 am
(no message)
This post was edited on 1/1/24 at 7:12 pm
17
Posted on 9/2/23 at 7:23 am to Redstickbaw
What is you profession and what are your hobbies? I generate extra income through consulting within the same field as I work and have expensive dog sports habits that I have turned into income by becoming a judge.
Do you have past employers you can assist by part time work? My company has hired several past employees to help with peak work loads. We know them, they know us and are already trained and trusted.
Do you have past employers you can assist by part time work? My company has hired several past employees to help with peak work loads. We know them, they know us and are already trained and trusted.
Posted on 9/2/23 at 9:20 am to Redstickbaw
Sell covered calls.
No actual risk of losing money.
Only risk of losing upside gains.
I made about 4k in 5-6 weeks delivering for Uber in spring of 2022.
No actual risk of losing money.
Only risk of losing upside gains.
I made about 4k in 5-6 weeks delivering for Uber in spring of 2022.
Posted on 9/2/23 at 9:39 am to Redstickbaw
here is a snippet of what i do
real estate
dividend payers
trade futures
lending
sports gambling using professional systems and mentors
many here are good stock options traders. you can try that as well.
what do you want to do? what can you do?
landscaping business?
make cabinets?
make chairs?
buy a cash flowing online biz?
Amazon FBA?
youtube content?
LINK
real estate
dividend payers
trade futures
lending
sports gambling using professional systems and mentors
many here are good stock options traders. you can try that as well.
what do you want to do? what can you do?
landscaping business?
make cabinets?
make chairs?
buy a cash flowing online biz?
Amazon FBA?
youtube content?
LINK
Posted on 9/2/23 at 10:41 am to Redstickbaw
I think learning locksmithing would be a good side business.
Posted on 9/2/23 at 10:50 am to bayoubengals88
quote:
Sell covered calls. No actual risk of losing money. Only risk of losing upside gains.
Can be a good way to add a little cash to the portfolio.
Can also be very tax inefficient in a taxable account though.
Posted on 9/2/23 at 11:42 am to stewie
I’m retired.NP wife works 2 days a week 
Have $2 k /month stock dividends.
Have $2 k /month stock dividends.
Posted on 9/2/23 at 12:33 pm to Redstickbaw
I make UGC ads. People pay me $70-150 to record 15-60 second videos about their product / service. I usually bring in 1500-2000 a month on this.
Posted on 9/2/23 at 12:47 pm to bayoubengals88
quote:
Sell covered calls. No actual risk of losing money. Only risk of losing upside gains.
Lol
Posted on 9/2/23 at 1:17 pm to Redstickbaw
Army
Flip cars
Vending machines
Just bought a golf cart rental business
Rental properties
Flip cars
Vending machines
Just bought a golf cart rental business
Rental properties
Posted on 9/2/23 at 1:59 pm to Samso
quote:
Lol
Is what I said false?
Posted on 9/2/23 at 2:22 pm to Thundercles
quote:
make UGC ads.
My wife just got signed onto this. Seems interesting.
How did you get started in this?
Posted on 9/2/23 at 3:51 pm to Redstickbaw
I placed 4 vending/combo machines in the past 6 months. Easy work if you have some quality made machines
Posted on 9/2/23 at 4:37 pm to bayoubengals88
quote:There’s still ways you can lose money.
Is what I said false?
Buy into a stock at $10 share price. Price dips to $8 and you sell a covered call at a strike of $9. Good news pushes the stock above $9 again before the call’s exp date. You’re coming out on a loss on that, unless you had managed to sell a few covered calls that expired out the money before one finally got exercised
Posted on 9/2/23 at 5:42 pm to Tiger Prawn
quote:
You’re coming out on a loss on that, unless you had managed to sell a few covered calls that expired out the money before one finally got exercised
Or you buy back the call option for a small loss and try again, this time with a higher strike price on the call option.
There is always risk. The underlying stock could drop in value (but you hold that risk either way by holding the stock).
Risk of limited upside - just be sure you are willing to sell the stock or be ready to buy that call option back for a loss.
Posted on 9/2/23 at 6:54 pm to Tiger Prawn
You’d lose money on your overall position at the point if the premium was cheap enough.
No one has ever lost an actual dollar on the sale of covered calls themselves.
No one has ever lost an actual dollar on the sale of covered calls themselves.
Posted on 9/2/23 at 7:43 pm to LSUA 75
quote:
Have $2 k /month stock dividends.
Dam i'm jealous. I got 18 years to get there. I'm only at 200 a month.
Posted on 9/2/23 at 7:55 pm to FLObserver
Yeah, but hes’a invested upward of 1.2mil or more of he’s getting $2K a month. I'm sure it took sometime to get there.
Posted on 9/2/23 at 8:34 pm to LatinTiger30
quote:
Yeah, but hes’a invested upward of 1.2mil or more of he’s getting $2K a month.
Yeah 1.2 mil is about what you would need to get 2k a month in Div's only investing in high quality stocks/etf's.
Posted on 9/2/23 at 9:08 pm to FLObserver
quote:
Yeah 1.2 mil is about what you would need to get 2k a month in Div's only investing in high quality stocks/etf's.
that is garbage.
i would be getting 10k a month with that amount invested in my dividend payers.
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