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Author Topic: What are your plans for the next 5 years in Finance?  (Read 2730 times)
Levin23
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June 25, 2018, 10:28:03 AM
 #1

I want to have "Passive Income"
I will raise capital to build a business that can provide me with passive income, so in my old age I do not need to work to earn money, how about you?
do you have an idea to build a business that can provide passive income with minimal capital?
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June 25, 2018, 10:57:44 AM
 #2

I realized that you are looking for the opportunity to invest nothing and make a profit at the same time profit should be enough to not work until old age. Lol. You're probably in my childhood I read a lot of fairy tales and lost touch with reality. Leave your dreams and go to school. Knowledge is what will help you make money at any age.

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June 25, 2018, 11:08:01 AM
 #3

I plan to keep my regular job and even find a better one. I have never thought about leaving job and to live just from Bitcoin because I don't think this is actualy possible on long term, except for just a small number of people.
So besides the proper job I count also on income from Bitcoin so in five years I would like to have some decent amount of Bitcoins stored in my wallet as a back up. But I'm not planing only to hold them but to actively use them.

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June 25, 2018, 12:59:45 PM
 #4

I plan to research DRIPS (Dividend Re Investment PlanS) and sink funds into stocks which fit that profile if I can find good ones. There are stocks which payout monthly dividends that could be worth checking out. Greater risk may be correlated with those greater rewards but monthly dividends are also something I plan to look into and learn more about.

Real estate and development of land is on my list. There are cool things ranging from organic farming to aquaponics which look juicy and enticing to me. I've done construction work in the past. Its a matter of saving a down payment and accumulating assets until I work my way up to being able to do things without going too much into debt.

There are other things I intend to pursue I don't want to go too much into. I feel like I've stuck too much to tried and established things and it would be good to venture into greyer areas where there isn't as much standardized info published and available. If only to avoid market saturation and focus more on challenging myself.

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June 25, 2018, 01:25:50 PM
 #5

I realized that you are looking for the opportunity to invest nothing and make a profit at the same time profit should be enough to not work until old age. Lol. You're probably in my childhood I read a lot of fairy tales and lost touch with reality. Leave your dreams and go to school. Knowledge is what will help you make money at any age.
Youre becoming harsh dude lol 😜😜😜

For OP stop hallucinating woke up and face the world in reality.

I have invested my earnings from crypto in offline business,i started a restaurant since i love to cook,but its my wife who managed this now because inhave a regular job.and this is what im preparing for future

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June 25, 2018, 01:38:40 PM
 #6

I want to have "Passive Income"
I will raise capital to build a business that can provide me with passive income, so in my old age I do not need to work to earn money, how about you?
do you have an idea to build a business that can provide passive income with minimal capital?

I think that’s a genuinely best idea one can have. Setting your business now by using crypto earnings sounds just best to me. We can always have the crypto currencies earning stored for now. Work hard to earn more and more for next two years. When the time will be right we can put everything into setting up the business and make things bigger for us. Yes that is genuinely a big achievement in my view. Go for it really and see things make up. Or you can always build business at the same time when you are earning money here.

   

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July 10, 2018, 08:02:57 AM
 #7

I want to have "Passive Income"
I will raise capital to build a business that can provide me with passive income, so in my old age I do not need to work to earn money, how about you?
do you have an idea to build a business that can provide passive income with minimal capital?
Bitcoin is very sustainable and versatile crypto currency and has always proved its worth that why it has millions of people to invest in and why millions of investors trust bitcoin for their investment and we you will ask me for my future plan in the next 5 years then I will definitely say I will invest in bitcoin in the next because all I feel is that bitcoin is very sustainable crypto currency and it is the only currency that it could last for many decades therefore I would love to invest in bitcoin.

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.
.TRADE, EARN & OWN THE EXCHANGE
.████   WHITEPAPER    FACEBOOK    TWITTER    LINKEDIN    TELEGRAM    CRUNCHBASE   ████
   FREE   TRADING &
ICO LISTING
.SUPERIOR  TO NASDAQ
AND LSE
  US$ 29M  RAISED IN
2 WEEKS
[]
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July 10, 2018, 08:09:21 AM
 #8

I want to have "Passive Income"
I will raise capital to build a business that can provide me with passive income, so in my old age I do not need to work to earn money, how about you?
do you have an idea to build a business that can provide passive income with minimal capital?

I think all of us have a desire of having a stable source of income in the future especially out of retirement but no I don't considered it as passive income because in every business you need to have eyes on it although the work is not that much once we able to build it good and sturdy on the way.

As of now, I have lots of things in mind on what businesses I should take. This is not a joke. I need to think for it carefully and not just becase I chose a certain business because I saw others getting good profit out for it. So for now, stick with the usual source of income while planning those things.

Goodluck to everyone.

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July 10, 2018, 08:13:31 AM
 #9

I want to have "Passive Income"
I will raise capital to build a business that can provide me with passive income, so in my old age I do not need to work to earn money, how about you?
do you have an idea to build a business that can provide passive income with minimal capital?
I have a big plan in the next five years, but this should really be a lot of luck. Currently, I am trying to earn a passive amount from Crypto to pay for the completion of my program. I hope my life will change thanks to Crypto.

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July 10, 2018, 08:20:58 AM
 #10

I also plan to get enough Bitcoins as much as I can accumulate and keep them whiles I also use some for active transactions where necessary. I also look forward to getting a job that'll earn me passive incomes

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July 10, 2018, 08:56:24 AM
 #11

Actually, investing on crypto currencies is actually a passive income in itself. I gain more by sellin high and buying low. I hope that by 5 years time that i would have enough to have a plot of land for my own build my dream home and have a small family business on the side. Owning an apartment is also a nice passive income.

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July 10, 2018, 08:58:03 AM
 #12

I want to have "Passive Income"
I will raise capital to build a business that can provide me with passive income, so in my old age I do not need to work to earn money, how about you?
do you have an idea to build a business that can provide passive income with minimal capital?
Yup.  That's all people want, passive income.  Big passive income with minimum investment is our dream too.  I hope I can find a way, someday.  Now I have to work hard.
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July 10, 2018, 09:00:43 AM
 #13

I want to have "Passive Income"
I will raise capital to build a business that can provide me with passive income, so in my old age I do not need to work to earn money, how about you?
do you have an idea to build a business that can provide passive income with minimal capital?
You want to have a passive income with a minimal capital? that's possible but don't expect such tremendous returns for that type of business.

Smaller capital, small profit this is the principle that lies in the entrepreneurial sector.

My plan is to diversifying my money and putting it on investment and my number 1 choice is crypto's and most of my fund will go to bitcoin and will be on hold for a couple of years.

I can't say if its gonna be 5 years but I'll hold.

If you have small capital, you can use leveraging technique but you have to be patient until your capital grow.

Real estate, stock market, gold, jewelries are passive income in the long run.

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July 10, 2018, 09:10:44 AM
 #14

I want to have "Passive Income"
I will raise capital to build a business that can provide me with passive income, so in my old age I do not need to work to earn money, how about you?
do you have an idea to build a business that can provide passive income with minimal capital?
You want to have a passive income with a minimal capital? that's possible but don't expect such tremendous returns for that type of business.

Smaller capital, small profit this is the principle that lies in the entrepreneurial sector.

My plan is to diversifying my money and putting it on investment and my number 1 choice is crypto's and most of my fund will go to bitcoin and will be on hold for a couple of years.

I can't say if its gonna be 5 years but I'll hold.

If you have small capital, you can use leveraging technique but you have to be patient until your capital grow.

Real estate, stock market, gold, jewelries are passive income in the long run.


My plans for the next 5 years, continue my investment on crypto market (Bitcoin), either on short terms or on long term, then after a thorough review invest on other coins, like ethereum, Then enjoy my profits or look into another possible investment on real estate. Invest,invest and invest for my future...the best thing i have is a lot of patient for my investment, in short i will go for long term investment.

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July 10, 2018, 02:48:31 PM
 #15

doing 3 main things:
1. earning money
this is from my day-job, also you can say the profit i make from my investments. but also from other things i do, like trading, designing and some other micro jobs that i have been doing for 10 years now as a secondary source of income.

2. investing that money
obviously the money i earn is not enough ever Cheesy
so i invest it to increase it by making profit. the investment is a small amount in stock market, sometimes i trade gold, and i am starting to enter real estate too. and of course my other big investment is in bitcoin which i then use to trade altcoins to increase my bitcoins even more.

3. setting up some passive income sources.
this needs more work and i need more ideas but this one is an important one for me since it is passive and i want it to be risk-free (at least nearly).

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July 10, 2018, 02:51:25 PM
 #16

I want to have "Passive Income"
I will raise capital to build a business that can provide me with passive income, so in my old age I do not need to work to earn money, how about you?
do you have an idea to build a business that can provide passive income with minimal capital?
I want to delegate those responses that I am having right now, for me to have more time free for my family and other work I can do. Because now I`m doing so much stuff...

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July 10, 2018, 02:52:56 PM
 #17

I also plan to get enough Bitcoins as much as I can accumulate and keep them whiles I also use some for active transactions where necessary. I also look forward to getting a job that'll earn me passive incomes
You will never get to the destination if you do not start stepping. Here's the step where you need to take out all your notes and pick up the calculator to make the calculations in detail.
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July 10, 2018, 03:10:35 PM
 #18

I believe there’s always the desire to get a stable source of income after retirement and this may be realised through setting up businesses with money earned from crypto. You will need to further manage these businesses well so I think the money may not be from’ passive’ source.
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July 10, 2018, 11:38:42 PM
 #19

I want to have "Passive Income"
I will raise capital to build a business that can provide me with passive income, so in my old age I do not need to work to earn money, how about you?
do you have an idea to build a business that can provide passive income with minimal capital?
I have a big plan in the next five years, but this should really be a lot of luck. Currently, I am trying to earn a passive amount from Crypto to pay for the completion of my program. I hope my life will change thanks to Crypto.
Bitcoin has all the abilities to change the life of the common people around us so we should try our luck without any fear, now bitcoin is the best place where we can get a lot of profit with very less effort so I support bitcoin in my life and I always will be with bitcoin as it has changed my life, in 5 years if you buy right now bitcoin will change your whole life and you will become milliner for holding your whole amount of bitcoin till then because I had really a good experiences with bitcoin holding.

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July 10, 2018, 11:49:12 PM
 #20

I plan to research DRIPS (Dividend Re Investment PlanS) and sink funds into stocks which fit that profile if I can find good ones. There are stocks which payout monthly dividends that could be worth checking out. Greater risk may be correlated with those greater rewards but monthly dividends are also something I plan to look into and learn more about.

Real estate and development of land is on my list. There are cool things ranging from organic farming to aquaponics which look juicy and enticing to me. I've done construction work in the past. Its a matter of saving a down payment and accumulating assets until I work my way up to being able to do things without going too much into debt.

There are other things I intend to pursue I don't want to go too much into. I feel like I've stuck too much to tried and established things and it would be good to venture into greyer areas where there isn't as much standardized info published and available. If only to avoid market saturation and focus more on challenging myself.
You might not want to get into development of land. I live in a country where houses are fucking expensive, construction companies are getting doomed, and Real Estate businesses are borrowing loans and shutting down their Real Estate business indefinitely, and fleeing the country forever. Its better to just stay in crypto, you know. Real life jobs are scary as fuck, am seeing more terminations than hiring and the country I live in is one of the richest and the costliest. The risk is too much to handle, just don't put yourself in the quicksand.

DRIPS just seem to be buying back of shares with the dividends that investors receive. They are still taxed, even if the investors don't receive it. Only advantage is, they get more shares at a discounted price and they don't have to pay a commission.


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