Gotta get a side hussle.

I'm always on the lookout for a good side hustle, but I've yet to find something that really speaks to me. I have about $150k to invest in something. I'm super-not-handy, so real estate seems like it may not be a great idea, but I really like the idea of owning a few vacation rentals. The stock market is crap right now. Crypto is a great way to go broke.


Anyone have a side hustle that is really killing it?

๐Ÿ  Real Estate
๐Ÿค‘ Side Hustle
๐Ÿ’Ž Cryptocurrency
12
Gasty
Notable Contributor
6
War Room Community Manager
I think the WR is demanding a Mega Thread on side hustles.

On it !
Kosta_Konfucius
Politicker
1
Sales Rep
Itโ€™s part of WR orientation to post about side hustles
DevSomeBiz
Valued Contributor
1
Senior B2B Sales Guy.
I guess that means Iโ€™m hired?
antiASKHOLE
Tycoon
2
Bravado's Resident Asshole
As for a side hustle, what is the draw for you? Just an additional side of income or is it for something more?
DevSomeBiz
Valued Contributor
1
Senior B2B Sales Guy.
Primarily income. I'd love to find something that is more of an investment, as opposed to a part-time job. That's where real estate looks attractive again.
Sunbunny31
Politicker
3
Sr Sales Executive ๐Ÿฐ
Real estate is a good investment. Just understand that if you go the rental route, youโ€™re going to have to know rental law and the absolute headaches renters can bring.

Properties themselves, if you invest wisely, pay off. Just know your market and your region.
1nbatopshotfan
Politicker
2
Sales
Little Book of common sense investing. Start there. Watch the money grow. Easy as that.

If you want to shave off some of that savings for riskier plays, do it, but John Bogle always wins.

Iโ€™ve enjoyed taking some mess around money and putting in Prosper, a peer to peer lending market, SMBX a small business loan market and finally Wefunder, a start up investment vehicle. Itโ€™s basically the money I would have spent at a casino in semi normal times so it doesnโ€™t affect my mortgage :-)
TennisandSales
Politicker
1
Head Of Sales
why would the stock market be a side hustle? haha

im sure there are plenty of MLM companies that would LOVE to have you and your $150K ๐Ÿ˜‚
jefe
Arsonist
2
๐Ÿ
You gotta diversify with MLMs though, just like stocks.

Mary Kay, some essential oils, Primerica...
CuriousFox
WR Officer
2
๐ŸฆŠ
Herbalife...
jefe
Arsonist
3
๐Ÿ
Can't believe I almost forgot about Herbalife...
TennisandSales
Politicker
0
Head Of Sales
haha oh for sure! there are also the ones where you become the middle man for utilities and cellphone??? so like you get paid when ppl pay their bills?
SOLID one ๐Ÿ˜‚
TennisandSales
Politicker
1
Head Of Sales
primerica.....this is the WORST. those ppl can do serious damage on ppls life by selling terrible financial and insurance products ๐Ÿคฎ
jefe
Arsonist
1
๐Ÿ
I've had multiple Primerica people out on LI, and had someone I used to work with try and get me on board. I didn't realize that's why we met up, quickly put an end to that.

The LI outreach killed me as the messaging was geared towards someone unemployed/needing work but I was gainfully employed. Called him out on it.

So many 'VPs' out there. Had a notification that one of the guys in my network just had his 20 year anniversary with them. Can you imagine?!
TennisandSales
Politicker
1
Head Of Sales
20 years of that? DAMN. i cant really comprehend that haha
jefe
Arsonist
0
๐Ÿ
I know, right? Can't imagine it.
DevSomeBiz
Valued Contributor
1
Senior B2B Sales Guy.
Day trading.
TennisandSales
Politicker
1
Head Of Sales
ah ok i see! my brother in law got SUPER into that. took 1000 and turned it into 40K.....thought it was the thing he would do forever. wanted to quit his job.

then made a bad trade and lost it all. now he never talks about it hahah
jefe
Arsonist
1
๐Ÿ
It's not sexy, but buying indexed funds when the markets are low is a good way to get long term growth.
salezkween
Opinionated
1
Enterprise Account Executive
Airbnb!
Pachacuti
Politicker
0
They call me Daddy, Sales Daddy
Lots of Search Bar topics on Side Hustles.
aiko
Politicker
0
Sr. Account Executive
Privateequity
0
Private Equity
There is a great opportunity to look into senior retirement home development projects. Iโ€™m managing the capital funding piece let me know if you are interested in knowing more.
SiliconBBQ
Politicker
0
The Metal Rooster
what's your timeline on the market?

Been nibbling as we approach 3,900. Yes, there's volatility but markets been on sale most of the year with the right timeline.

Have you ever read the financial samurai blog?

He's got a ton of good investing ideas and perspectives and alternative assets to consider. Stuff like:

Masterworks - fine art
Fundrise or another real estate investing option....

I'm a fan of his approach but he rubs some people the wrong way.
DevSomeBiz
Valued Contributor
0
Senior B2B Sales Guy.
We're ready to make investments today if the right opportunity comes up.

I'll check out the financial samurai!
ThatNewAE
Big Shot
0
Account Executive - Mid enterprise
I'm sitting here with popcorn because I too am looking for a side hustle and my brain can't come up with new ideas.

Here to steal ideas.
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