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Thread: Passive income?
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03-16-2019, 08:00 AM #51
Banned
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Your dad drops some money. You (Bobby Shitstain) grow the weed. It's a pretty passive income generator for your dad.
Originally Posted by Bobby Stainless
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03-16-2019, 08:10 AM #52
Rustler of Jimmies
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Then that would be investing in a grow... Not actually "growing"...
Come on man... I thought you paid good money for a online degree in business?"I don't pretend to have all the answers, and I think there's something to be said for that" -One For The Road
Brain dead and made of money.
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03-16-2019, 10:13 AM #53
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The life of a repo man is always intense Originally Posted by iceman
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03-16-2019, 12:27 PM #54
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I have some bond funds that have been generating some sweet passive losses when I cash them out to pay the bills.
BTW dividends are taxed like ordinary income, not like passive gains. They're passive in the sense that you don't have to do anything to get them besides buying the investment, but not passive in the IRS sense. Same with renting out storage space.
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