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Feb 11, 2016
10:22
:15
am
Iman23
All-American
I am not very handy. I do none of the work myself. Just manage it as the GC
...and find good subs.
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Iman23
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Iman23
Joined
Jan 18, 2008
Last login
Apr 29, 2024
Total posts
42,551 (2,711 FO)
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Messages
Author
Time
Where do you guys invest? Do you have any passive income?
Machiavelli127
2/11/16 9:32am
Cue 50 stupid MLM responses. Good post. Nothing to add re passive income.
coucou
2/11/16 9:34am
Haha..I just got contacted about an MLM last week. I politely listen, but I
Machiavelli127
2/11/16 9:37am
Sounds like you are on the right track. Although I do disagree that stocks are
crack
2/11/16 9:39am
Covered calls.
joelvandyne
2/11/16 9:40am
How far out (timewise) do you usually sell them?
crack
2/11/16 9:47am
Not that far, usually 1-3 months.
joelvandyne
2/11/16 10:02am
You ever sell puts to get into a position?
crack
2/11/16 10:10am
Yup. I like to think of it as getting paid while I wait for attractive entry/
joelvandyne
2/11/16 10:12am
Cool. Most of my trading is either too long term (retirement) or too short term
crack
2/11/16 10:16am
Real estate. Have made 3X more than stocks over the past 15 years of investing
Iman23
2/11/16 9:50am
So are you a full-time house flipper? Or is this just a side business?
Machiavelli127
2/11/16 9:56am
I am not very handy. I do none of the work myself. Just manage it as the GC
Iman23
2/11/16 10:22am
Is there any of the renovation work you do yourself?
RdF3
2/11/16 9:58am
<< Deleted >>
Tyler
2/11/16 10:02am
Yeah I've heard of Acorns...it's an awesome idea. Especially for millenials
Machiavelli127
2/11/16 10:12am
Powerball at the local QuickTrip stop-n-rob
CougarThug
2/11/16 10:25am
In Small Businesses
dk4
2/11/16 10:53am
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