The Path to Wealth

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Kiyosaki and others talk about "passive revenue streams".

But I'm not rich, so I'm not the guy to ask.
 
starting a business is shit. new job? meh, get paid ok right now + stable and don't have to do much.

investing? yeah, kind of risky now.

spend less? meh.

need some good scams to run!

kioysaki is a dumbass. he's rich but he sells dreams. maybe that's the way, sell some dream to someone.
 
It's simple really. Figure out which stock is going to go up (or down) the most tomorrow. Put all your money into that stock (long or short). Repeat daily. Soon you will be a billionaire, if your choices are all correct.

barfo
 
I'm going with Tupperware or Avon, both have good track records and long term stability. Plus it's a good way to meet new people and make new friends!

I'd totally do it myself if I liked people even a little bit. :clap:

There's also tax evasion but, from what I've heard, that shouldn't be your first option.
 
Create value of substance.

Don't do the whole "sell a dream" idea unless you can really be congruent with knowing that you are ripping people off. It isn't within my morals to be a part of something like that.
 
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You could have sex with 50 fat bitches for 100 bucks each, or 10 really fat bitches for 500.
 
AgentDrazenPetrovic said:
corner the frozen orange juice market?
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I've been thinking/wanting to start a personal development blog for a while. Look at what someone like Steve Pavlina has been able to do (says he makes over $100,000 a month from his website, and he only rocks one ad) and it becomes passive income. I'm not expecting anything like that, but from my "blogging" and experiments with Adsense before, Google owes me about $4.54. So creating a website with some return viewers and decent content. If I could manage to do something like that it'd be great.

Are you smart? You could teach an SAT/GRE/GMAT course for Kaplan in the evenings. I have an interview this Wednesday to do just that, but I'm canceling since I'm about to accept a job offer and will be moving to destinations unknown.
 
AgentDrazenPetrovic said:
starting a business is shit. new job? meh, get paid ok right now + stable and don't have to do much.
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I don't get it. You want more money, but you don't want a new job because you're pay is OK and you don't have to do much. So do you want more money or do you not want to work hard?

I mean, I get you would like more money without working harder . . . and call me old fashion, but generally when people want more money, they have to be willing to work hard for it.

Have you tried poker on line?
 
BalancedMan said:
I've been thinking/wanting to start a personal development blog for a while. Look at what someone like Steve Pavlina has been able to do (says he makes over $100,000 a month from his website, and he only rocks one ad) and it becomes passive income. I'm not expecting anything like that, but from my "blogging" and experiments with Adsense before, Google owes me about $4.54. So creating a website with some return viewers and decent content. If I could manage to do something like that it'd be great.

Are you smart? You could teach an SAT/GRE/GMAT course for Kaplan in the evenings. I have an interview this Wednesday to do just that, but I'm canceling since I'm about to accept a job offer and will be moving to destinations unknown.
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I've got a few projects running. I've tried the blogging thing but its really saturated and you need to find a decent niche. I'm looking at content production and licensing of materials, also i'm learning more about affiliate marketing.

I've got some passive income with some outsourcing I'm doing (I charge a rate, then pay an offshored company to do all the work for me, then send them a check every month and pocket 30%). I should be more agressive with this because its really easy...actually no work on my part.

I already have side gigs I do for independant contracting and some job offers on the table, but I'm turning work down actually right now...just don't feel like working so much...i try to outsource as much as I can to others.
 
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This is a great time to invest. There's an irrational panic in the markets that's doing nothing but creating opportunity.
 
AgentDrazenPetrovic said:
invest in what?

real estate? stocks? scams?
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Virtually everything in the private sector is undervalued right now. My firm has hired an entire group from Lehman and we've picked up some MBS product at pennies on the dollar. We've also purchased a bunch of distressed commercial real estate and made a mezzanine investment in a national retailer. I have more good options sitting on my desk now than I can ever recall.
 
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