Safe passive income

[Paydette]

Im not trying to make millions, um trying to make for the rent and food and here in chile is like 700 usd per month. With 200k i would be financially independent here

Just helped a client in Mexico set up his Amazon (usa) store... selling Mexican things/treats you can't get in the usa. Do that

 

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[Xeon]

@Kevin88660

IDEA - Safe passive income

Do you know anything about this SGOV/BIL thing? Can non-US residents invest in this?

 

[Kevin88660]

@Kevin88660

IDEA - Safe passive income

Do you know anything about this SGOV/BIL thing? Can non-US residents invest in this?

Yes. You can apply to buy SG T-Bills directly through Internet banking with the local big 3 banks.

It does not make sense for us to buy a Singapore investment vehicle through NYSE, as we have zero dividend and capital gain tax here. They might charge us a withholding tax for any distribution (dividend or interest) given to us.

 

[jennydav]

I don't consider vending machine business as a passive income.
You will be surprised with the amount of work you actually need to do with it

 

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[emii28]

Hello guys, I'm a trader and already save 20k, I'm looking for a business to have a consistent income. In trading the things are not linear and I'm gonna have some red months but I'm looking for an idea to have that permanent income to stay more relax. I've been thinking on starting with vending machines but still no sure, also could save a little more to have the down payment for an airbnb but only 1 airbnb is risky so. What would you do to make a regular passive income with 20k ? Thanks you all

for consistent passive income you can look into real estate crowdfunding or peer-to-peer financing platforms. These platforms enable modest investments with the possibility of continuous profits.