Comments on: $400,000.00 Saved Up. I’m 24 And Am Looking For Passive Income. What Should I Look Into Thats Pretty Safe?

By: www.anti

www.anti — Mon, 16 Nov 2009 08:30:53 +0000

Buy real estate that has a positive cash flow.

By: Sarah B

Sarah B — Mon, 16 Nov 2009 03:18:49 +0000

Thats a lot of money. You could invest in mining.

By: Josh W

Josh W — Sun, 15 Nov 2009 20:53:12 +0000

buy the publishing rights to a michael jackson song…

By: Mark M

Mark M — Sun, 15 Nov 2009 19:46:35 +0000

I would invest in a multi tiered bond latter. What it is made up of is a bunch of different bonds with different maturities, so when one matures, you would reinvest it into another bond. You would receive the interest payments from the bonds as your cash flow. People have been doing this for years.

By: Jeff T

Jeff T — Sun, 15 Nov 2009 15:10:34 +0000

Real estate might be great, but it is not passive. You have to deal with tenants, and broken water heaters.
The lazy mans method is to choose three or four no load mutal funds rated high by morning star over a 5 year period. Anyone can have a good year, or bad year. It takes tallent to be in the upper 10% of morning star.
Then, once a year, check and see if your funds are still in the upper 40%. If they are, stay put. If they drop below, find another fund.