Started By
Message

Passive Income for Young Investor

Posted on 6/9/21 at 10:28 am
Posted by Lutcher Lad
South of the Mason-Dixon Line
Member since Sep 2009
5820 posts
Posted on 6/9/21 at 10:28 am
What are some good passive income opportunities for a young investor who has accumulated a sizable sum of savings?
Posted by Ssubba
Member since Oct 2014
6631 posts
Posted on 6/9/21 at 10:33 am to
Depends on the size of the savings.
Posted by ItzMe1972
Member since Dec 2013
9839 posts
Posted on 6/9/21 at 10:34 am to
I'll throw out rentals, but may or may not be passive.
Posted by Volvagia
Fort Worth
Member since Mar 2006
51943 posts
Posted on 6/9/21 at 10:39 am to
Things that are diversified but keep up with inflation.

VYM
SPHD
PCEF
FGD
JEPI (new but I like the prospectus)
BIZD (will have to roll some degree of income back into it for long term growth)
PDT
PCI
PDI
Fundrise for real estate exposure, if you are willing to handle dealing with taxes needing K1 forms instead of just 1099-DIVs
This post was edited on 6/9/21 at 10:41 am
Posted by CE Tiger
Metairie
Member since Jan 2008
41586 posts
Posted on 6/9/21 at 10:40 am to
Crypto and using Celsius, BlockFi, Gemini to earn interest on coins
Posted by Abstract Queso Dip
Member since Mar 2021
5878 posts
Posted on 6/9/21 at 10:45 am to
Preferred stocks of quality big banks that pay a qualified dividend

Don't go all in cause ya know crisis
This post was edited on 6/9/21 at 10:46 am
Posted by SouthMSReb
Member since Dec 2013
4426 posts
Posted on 6/9/21 at 10:46 am to
Dividend Growth Stocks. My top holdings are:
HD
WM
JPM
UNP
TXN
AMT

I'll never sell them. They increase their dividends each year (JPM was not allowed to this past year due to Fed regulations on banks). Won't seem like a lot of money at first, but a few years down the road after reinvesting dividends and you'll start to see some real cash.
Posted by go ta hell ole miss
Member since Jan 2007
13670 posts
Posted on 6/9/21 at 10:55 am to
quote:

I'll throw out rentals, but may or may not be passive.


Unless you have a management company I would think this is the most active “passive” income there is when just getting started.
Posted by boogiewoogie1978
Little Rock
Member since Aug 2012
17130 posts
Posted on 6/9/21 at 10:57 am to
quote:

Passive Income

No such thing unless you are wealthy. Everything requires work.
Posted by cadillacattack
the ATL
Member since May 2020
4510 posts
Posted on 6/9/21 at 11:18 am to

MTA .... long term
Posted by nolaks
Member since Dec 2013
1141 posts
Posted on 6/9/21 at 11:41 am to
I like utilities. Entergy is pretty good
Posted by ithad2bme
Houston transplant from B.R.
Member since Sep 2008
3473 posts
Posted on 6/9/21 at 11:56 am to
NexEra has been a good utility to own, and are the leading renewable producer in the world, which means growth under the current administration.
Posted by rocket31
Member since Jan 2008
41819 posts
Posted on 6/9/21 at 11:57 am to
yup 8-12% on stable coins

inb4 low IQ downvotes
Posted by MarineVet
Member since Aug 2018
916 posts
Posted on 6/9/21 at 1:22 pm to
I would add LOW, LMT, AMGN, & O
Posted by Mootsman
Charlotte, NC
Member since Oct 2012
6025 posts
Posted on 6/9/21 at 6:40 pm to
AT&T has a 7.17% div yield and is currently trading at a discount. Stock isn't supposed to rebound until Mid-2022 the sale of some of their business units go through.
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 6/9/21 at 7:07 pm to
I have grown to fricking hate the term “passive income.” Invest like everyone else. It is just a BS term that is hot and popular
Posted by Ross
Member since Oct 2007
47824 posts
Posted on 6/9/21 at 7:09 pm to
quote:

yup 8-12% on stable coins

inb4 low IQ downvotes



for a change you’ve gotten upvotes on this
Posted by redfishfan
Baton Rouge
Member since Oct 2015
4425 posts
Posted on 6/9/21 at 7:29 pm to
Sell covered calls
Posted by Bestbank Tiger
Premium Member
Member since Jan 2005
71596 posts
Posted on 6/9/21 at 7:42 pm to
Energy stocks have the best yields. I stopped buying them because I wanted more balance instead of being too heavy in one sector.

You can go to finviz.com and use the stock screener to find high dividend yields. Also watch debt to asset ratio - you don't want it to be too high.
Posted by Fat Bastard
coach, investor, gambler
Member since Mar 2009
73542 posts
Posted on 6/10/21 at 7:11 am to
quote:

I have grown to fricking hate the term “passive income.” Invest like everyone else. It is just a BS term that is hot and popular











first pageprev pagePage 1 of 2Next pagelast page

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram