It's passive income or nothing

[BCFF11]

You can't leave it in the boss's hands to decide when to fire you.

The solution is to invest your money in assets that generate passive income to make you financially independent.

It's passive income or nothing.

 

[txbulltaco]

what kind of investments helped you gain your financial independence

 

[Niki Lauda de Pantufas]

OP thinks it's possible to live in São Paulo with US$3.000/month lmaoooooooooo

 

[BCFF11]

@Dexterxt. @Cenouriña de Chernobyl @Kroperito @HighEnergySurge @Inuteu @complexo-gamer @Sovaco_de_Coxa @Cavera @edureis @FanOFMoney3.0 @AníbalBarca123 @kenshiro_rothschild @pobre_e_feio @Kouta02 @Shaypado @FruitLoopsNoCuDaRoxyRaye @PistoleroLoko

Please evaluate my pills.

 

[BCFF11]

what kind of investments helped you gain your financial independence

I invest in "fundos Imobiliários". They are like Brazilian REITs and pay dividends every month.

Currently I receive 10k BRL per month as passive income.

I can already retire. But my goal is to have 20k of dividends per month so I can continue investing without having to work.

 

[Evaristø]

If to see me it runs

 

[BCFF11]

I'll retire by the age of 40.

While most people here retire at 65 years old depending on the government.

By 40 yo I'll be playing games and getting paid.

 

[blue.jay.link]

Only REITs?

What if the Brazilian housing market takes a downturn?

 

[txbulltaco]

i wish you all the success in your investments for your future

 

[BCFF11]

Only REITs?

What if the Brazilian housing market takes a downturn?

It is a good practice to diversify into stocks and other types of investments. But I know the real estate fund market well. And in Brazil they pay tax-free dividends.

 

[Modern_Myth]

Where you at

 

[Sovaco_de_Coxa]

Ai caraio

 

[BCFF11]

I work in IT and I'm sick and tired of working these stressful jobs.

But soon I'll be able to retire early and spend my days doing jack shit.

I wish I started investing before.

 

[Sultão_dos_Mene]

The man who lives in low-cost buildings (a.k.a MRV in Brazil) unfortunately has nothing to do because his life is spent in low-skilled jobs (a.k.a SUBÃO in Brazil) with minimum wage.

In these cases, it's over.

 

[txbulltaco]

when you retire at 40 what will you do your remaining days

 

[BCFF11]

The man who lives in low-cost buildings (a.k.a MRV in Brazil) unfortunately has nothing to do because his life is spent in low-skilled jobs (a.k.a SUBÃO in Brazil) with minimum wage.

In these cases, it's over.

Most Brazilians do this every day to go to their jobs and get paid 1k BRL per month:

Slavery still exists.

They only solution is to invest for passive income and buy your freedom.

 

[Sharkboy242]

The man who lives in low-cost buildings (a.k.a MRV in Brazil) unfortunately has nothing to do because his life is spent in low-skilled jobs (a.k.a SUBÃO in Brazil) with minimum wage.

In these cases, it's over.

Some might even say its Joever

 

[Niki Lauda de Pantufas]

I'll retire by the age of 40.

no you won't wageslave how's going the daily?

 

[Mimizinhaaa]

what kind of investments helped you gain your financial independence

Being a state parasite

 

[Neo3dotZ]

would be better to work as a garbageman from a coastal city.

 

[BCFF11]

when you retire at 40 what will you do your remaining days

I'll play games ALL day, go to the gym and travel to get to know new places.

The most important thing is to be FREE to do do whatever I want.

I don't want to work full time jobs until I die.

 

[pobre_e_feio]

when you retire at 40 what will you do your remaining days

 

[HighEnergySurge]

Brazilian gov bonds >>>>

 

[deleted-96579213]

I invest in "fundos Imobiliários". They are like Brazilian REITs and pay dividends every month.

Currently I receive 10k BRL per month as passive income.

I can already retire. But my goal is to have 20k of dividends per month so I can continue investing without having to work.

How much did you invest to earn 10,000 a month? I've invested around 1.4 million in CDB, which typically brings in only 14k a month, been thinking about dropping 500k in fundos imobiliários.

 

[BCFF11]

Being a state parasite

That too.

Being a worker of the government in Brazil basically means you can't be fired.

It's better than to work for private companies.

But still, passive income is the ultimate freedom.

 

[Dexterxt.]

Having passive income is the only way worth living. Some users say that it’s possible to live in São Paulo with 3k a month… they must be crazy.

Just imagine living a life that you must work for 12hrs a day, Monday through Saturday just to make 3k a month in a shit job.

You work just to pay the bills while having absolutely no joy in life. Now imagine this for long years, until you finally retire at 65, receiving close to nothing from the government, and die in a dumpster they call public hospital. It is brutal

@BCFF11

 

[Neo3dotZ]

Only 3 social security numbers posted in this thread.

 

[BCFF11]

How much did you invest to earn 10,000 a month? I've invested around 1.4 million in CDB, which typically brings in only 14k a month, been thinking about dropping 500k in fundos imobiliários.

I invested 800k in Brazilian REITs and they pay me 10k per month.

With my current wallet, 1 million will give me about 12k of dividends per month.

 

[deleted-96579213]

I invested 800k in Brazilian REITs and they pay me 10k per month.

With my current wallet, 1 million will give me about 12k of dividends per month.

That seems like a better deal than CDB.
Are you able to withdraw the profit monthly?

 

[S0over]

The thing is public concurso or nothing

 

[blue.jay.link]

I invested 800k in Brazilian REITs and they pay me 10k per month.

With my current wallet, 1 million will give me about 12k of dividends per month.

15% return in dividends seems insane. They must be risky investments.

 

[Dexterxt.]

15% return in dividends seems insane. They must be risky investments.

Here the safest investment you can do gives you about 12% a year

 

[S0over]

Having passive income is the only way worth living. Some users say that it’s possible to live in São Paulo with 3k a month… they must be crazy.

Just imagine living a life that you must work for 12hrs a day, Monday through Saturday just to make 3k a month in a shit job.

You work just to pay the bills while having absolutely no joy in life. Now imagine this for long years, until you finally retire at 65, receiving close to nothing from the government, and die in a dumpster they call public hospital. It is brutal

@BCFF11

With 12k in São Paulo you cant even buy cereals

 

[BCFF11]

Having passive income is the only way worth living. Some users say that it’s possible to live in São Paulo with 3k a month… they must be crazy.

Just imagine living a life that you must work for 12hrs a day, Monday through Saturday just to make 3k a month in a shit job.

You work just to pay the bills while having absolutely no joy in life. Now imagine this for long years, until you finally retire at 65, receiving close to nothing from the government, and die in a dumpster they call public hospital. It is brutal

@BCFF11

It's fuckin brutal.

I don't know how people can live paycheck to paycheck.

This is modern slavery.

I want to retire as soon as possible.

You can't enjoy life being a prisoner 8 hours a day. Sometimes 12 hours a day if you count commuting.

 

[Sovaco_de_Coxa]

Only 3 social security numbers posted in this thread.

Four. I have one

 

[HighEnergySurge]

Mais engraçado é que colocando esses valores em dólares o sujeito percebe o quão pobre é.

Estou entre os 5% mais ricos do Brasil, mas no EUA eu estaria ganhando um pouco acima do salário mínimo americano.

 

[Sultão_dos_Mene]

They only solution is to invest for passive income and buy your freedom.

Yep.

The "subeiro" needs to buy their emancipation from slavery, just like the old slaves in Brazil did.

And the only way is through passive income.

 

[BCFF11]

15% return in dividends seems insane. They must be risky investments.

They are risky, but I prefer to risk some than to work until 80 years old.

Until now I didn't have problems. I just need to watch the market.

 

[BCFF11]

Mais engraçado é que colocando esses valores em dólares o sujeito percebe o quão pobre é.

Estou entre os 5% mais ricos do Brasil, mas no EUA eu estaria ganhando um pouco acima do salário mínimo americano.

A burger flipper job in USA pays more than an Engineer job in Brazil.

The only way to be rich is to have passive income in USD.

@Dexterxt.

 

[Sultão_dos_Mene]

15% return in dividends seems insane. They must be risky investments.

Not in Brazil.

In Bostil, all investments are risky because the government changes the economy and legislation all the time, creating legal uncertainty.

So the financial market needs to increase the premium risk of their investiments.

 

[txbulltaco]

Having passive income is the only way worth living. Some users say that it’s possible to live in São Paulo with 3k a month… they must be crazy.

Just imagine living a life that you must work for 12hrs a day, Monday through Saturday just to make 3k a month in a shit job.

You work just to pay the bills while having absolutely no joy in life. Now imagine this for long years, until you finally retire at 65, receiving close to nothing from the government, and die in a dumpster they call public hospital. It is brutal

@BCFF11

they get paid 3k a month by the state?

 

[BCFF11]

With 4k USD you can't buy this in Brazil:

 

[Dexterxt.]

they get paid 3k a month by the state?

No, 3k close to the average salary. They need to work 12hrs a day, 6 days a week to make that. Approximately 600 usd

 

[HighEnergySurge]

No, 3k close to the average salary. They need to work 12hrs a day, 6 days a week to make that. Approximately 600 usd

Brutal

 

[Evaristø]

5k it's not even enough for the Sucrilhos

 

[deleted-96597913]

IT'S PUBLIC CONTEST OR NOTHING.

 

[Kroperito]

I invest in "fundos Imobiliários". They are like Brazilian REITs and pay dividends every month.

No, they aren´t.
Brazilian Real Estate Investment Funds (FIIs) are not companies focused on real estate investments like most REITs, FIIs are investment funds that divide properties into shares, and these shares are offered on the stock exchange, and as they are structured as funds and not as companies, their shareholders pay management fee and in some cases performance fees based on some benchmark, and shareholders have joint responsibility for profits and losses, so if these funds present losses that exceed the value of the properties, shareholders will be affected by the debts, unlike what happens with REITs which have the structure of publicly traded companies and corporations.

In everything else I agree with the OP, it's passive income or death!

 

[Shaypado]

even I'm as a public employee and knowing that I can't be fired ever, I'm hurting with some mental issues in my job.

I would like never be employed and to live in a beach with passive income

 

[adopter020]

Brazilian gov bonds >>>>

I legit do keep looking at emerging market bonds sometimes

I think it could be worth a small slice but I'm not in many treasury bonds yet so it doesn't make a lot of sense atm to slice off that teeny amount to throw at foreign sovereign debt

 

[adopter020]

btw here are my shitty portfolios that I feel ashamed about having some days:

Spoiler: Tax Advantaged Retirement Accounts + HSA

Spoiler: Long Term Taxable

Spoiler: Less Tax Efficient Emergency and Medium Term Savings