How To Make $500 A Month Without A Job



This is how I make $500 a month without a job for the rest of my life.
► Get up to a $250 in Digital Currency: https://blockfi.com/andrei
► Where I Buy Bitcoin: https://gemini.sjv.io/1E3dz
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► ROBINHOOD (Get 1 Stock When You Sign Up): https://robinhood.c3me6x.net/c/1980551/671816/10402
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My PO Box:
Andrei Jikh
4132 S. Rainbow Blvd # 270
Las Vegas, NV 89103

How do you make money without a job? One important thing about making money is that no matter what you choose to do – it will always require one of two things. All of these investments will demand your time, or you can invest your money but generally you’re not going to make money for free without having some sort of an upfront commitment of one of those two.

Most of us choose to invest our time for money which is why the average person in the US will work 7 to 8 hours a day, which is anywhere between 35 to 40 hour work weeks. And if you take that and multiply that by the amount of years we spend working you get 11,250 days or roughly 90,000 hours and that represents roughly a third of our entire lifetime – that we spend at work. Let’s make that time shorter.

My favorite way of making money without working. Dividend investing.

WHAT IS IT?
Dividends allow you to literally make money while you sleep because you buy stocks and make money without having to sell the stocks themselves. Some dividend stocks can pay weekly like SoFi’s new WKLY ETF that pays weekly, some can pay monthly, some quarterly or 4 times a year, some semi annually which twice a year, and some pay you one big lump sum once a year. Dividend investing is the best way to start investing for beginners because it gives a lot of comfort knowing that despite what the price of the stock might be, as long as the company is profitable, the stock will continue to pay you money based on the price you bought at.

HOW DOES IT WORK?
If you bought Coca Cola at $100 a share and it was paying you 4% quarterly, that means you’d make $4 per year, paid quarterly, so you would be paid $1 every 3 months in this case until it totaled $4. And if Coca Cola was to ever go down in value to say $50 a share, your $100 original investment would still pay you $4 a year. How cool!

THINGS I LOOK FOR:
First I look for companies with a dividend safety score of about 61 and up, this means that the dividend income is considered safe. The higher up you go, the safer it becomes and generally speaking the safer the score, the less the yield, and less safe an investment is the more it pays. More risk more reward.

I also look for a dividend yields of between 2-5%. I found that this is my Goldilocks zone that’s not too cold but not too hot, it’s just the right amount because it falls within the 4% retirement rule which is how most people base their retirement withdrawal rate with the goal that you will never run out of money.

I also look for P/E ratios of 20 and under, nowadays everything is becoming much more expensive cause inflation is not real – so it won’t be easy to find that but all a P/E tells you is how cheap or expensive a stock is just make sure you compare P/Es of stocks in the same industry, don’t compare Tesla to Walmart or something.

I look for a payout ratios of 60% or less, that means of all the money a company makes, it should not be paying investors more than 60% unless it’s a REIT, this is because, fun fact, REITS are by law required to distribute 90% of all the taxable income to their shareholders, so if you own a stock that’s considered a REIT, a real estate investment trust that’s when the payout ratio is acceptably higher.

WHY NOT 10% YIELDS?
Because your income becomes at more risk of being cut. If you’re younger, you may want to consider investing in dividend growth companies which can yield a smaller 2% yield, but grow at 15-20% growth rate.

OTHER WAYS TO MAKE MONEY WITHOUT A JOB:
AirBnB and Turo are some of the best ways of making income by renting out a spare bedroom or your car, I’ve had quite a bit of success with AirBnB, here is that video: https://www.youtube.com/watch?v=iVshpgUzHoc

*None of this is meant to be construed as investment advice, it’s for entertainment purposes only. Links above include affiliate commission or referrals. I’m part of an affiliate network and I receive compensation from partnering websites. The video is accurate as of the posting date but may not be accurate in the future.

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  1. The future is electric.
    Sure, the oil companies will only end up being more profitable because of it.
    Electric is generated USING oil and gas.
    Petroleum is used in the manufacture of plastics and the like required for non-gas electric generation and its storage.
    Greater electric consumption implies greater oil consumption.
    Makes oil companies more money.

    Transmission and storage of electric energy is less efficient.
    Thus making oil consumption at power plants greater yet to offset the inefficiencies elsewhere.
    Makes oil companies more money.
    Oil will only need to be transported to power plants, instead of to gas stations and the like.
    Thus oil companies require less infrastructure, simpler logistics, less manpower, etc.
    This saves oil companies more money.
    In the end oil companies ought to profit off the move to electric.

  2. lol…I thought I was great in math…..good for you AJ..youre gifted…m sure 98% of the subscribers would get it, realistic, no hyperbole…….ramen? seriously.? great story teller/magician entertainer…A++ talent…. unsubscribe…

  3. Hi Jikh. Thank you for sharing Stocks tips and tricks. I start the stocks journey when the pandemic began and it’s inspired by you. I wonder if you could you share what program of the spreadsheet that you use to keep track with the stocks info?

  4. It’s my third month as well on SCORESENSEANDSPY🦠NET and they have done nothing but make my life a whole lot better , I have my own estate and businsses everywhere , all thanks to them , you should really reach out to them and come thank me later

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