The key to success investing in passive income streams. You can do real estate...however the things I have seen have throughly deterred me from ever wanting to manage it. It's not passive if you have to spend your time managing people and dealing with headaches.
Personally I'd rather invest in stock. Everyone always says that the bubble is about to burst. However, there is a chart of all the times the end of the world has been predicted. I feel comfortable with that route. A good broker can make you 7%+ profit.
Invest and over time eventually the dividends will pay enough that working is optional.
I've thought about this for a while now.
Who in their right mind would work to make me money while I do jack shit. Come to find out, most stock brokers, hedge fund managers etc. don't beat the market long term. They only make you paper rich. Remember your poker studies Altair. Why? They're not red pill. Zogler made a post about the red pill of the financial industry. It's buried on the forums.
Most people who get rich off the stock market are lottery retards who got in on Mcdonalds etc. early and sold the shares.
Why would someone who owns a company ever pay you to make it so you're financially free and don't have to work anymore? They wouldn't. Those guys are pink or red pill.
The only way you're making it into riches are:
Start a business that's wildly successful.
Invest in a company through VC and hope to hit like the lottery through an IPO. (It even takes hundreds of thousands if not millions to even make an investment if you're lucky enough to get to invest in a strong company that will have an IPO.)
Those are the only three ways I know of so far. The stock market is for fish. The sharks are the brokers taking a 4% commission on your 100million fund and draining your dry. Your paper wealth goes up and down. Their commission stays flat. When you lose 5% you really 9%. When you gain 7% your really gain 3%.
Either Make More
Or, Want less
Those are your two options to financial security. Ask yourself this, if the stockmarket were super beatable then why haven't people broke Berkshire Hathaways for tons of cash? The reason is that Warren Buffet knows not to dilute his stock and knows to acquire and earn more. Then he flips those companies that are about to bust into money making making machines and MAKES MORE while having 65%+ control over them.