NationStates Jolt Archive

This is something I've been wondering for awhile now. My parents rent out two houses to supplement their income, each house rakes in about $600 a month. However, dealing with tenants and basically idiots that they rent out to is not that much fun, so I doubt I will be getting into the landlord market. So I've thought about other ways to supplement an income, and so far I've come up with either bonds or stocks, does anyone else have a system to supplement their income?

This is something I've been wondering for awhile now. My parents rent out two houses to supplement their income, each house rakes in about $600 a month. However, dealing with tenants and basically idiots that they rent out to is not that much fun, so I doubt I will be getting into the landlord market. So I've thought about other ways to supplement an income, and so far I've come up with either bonds or stocks, does anyone else have a system to supplement their income?
mostly i ask my parents for money, which is usually greeted by a yes, and a reminder that the clock is ticking till i graduate and i'm cut off. damn the ticking clock.

mostly i ask my parents for money, which is usually greeted by a yes, and a reminder that the clock is ticking till i graduate and i'm cut off. damn the ticking clock.

Yea, umm, that's not an option because my parents like to add strings, so yea.

ChaCha. Easy, and you get to have fun with trolls!

mostly i ask my parents for money, which is usually greeted by a yes, and a reminder that the clock is ticking till i graduate and i'm cut off. damn the ticking clock.

Wait, your parents give you money? Damn, i want your parents.

selling drugs is easy and profitable.
Get your parents hooked by sneaking some coke into their sugar and that way you won't even have to leave home to search for customers.

Get another job?

Really, that's what you're already doing with stocks, getting the additional job of stock investor.

Personally I'm hoping to marry some incredibly sexy hot young female billionnaire and be her manslut.

Wait, your parents give you money? Damn, i want your parents.

.. I get money from my parents everyday..

I thought that was common..?

Get another job?

Really, that's what you're already doing with stocks, getting the additional job of stock investor.

Personally I'm hoping to marry some incredibly sexy hot young female billionnaire and be her manslut.

That's what i want to do while I am in college. Damn that money (and sex) would be great..

.. I get money from my parents everyday..

I thought that was common..?


Not when you're poor. Its fend for youself type of living :)

Two of my three jobs are part tips so I sometimes get as much as $200 in tips in a single day. Amazing thing 'tis.

mostly i ask my parents for money, which is usually greeted by a yes, and a reminder that the clock is ticking till i graduate and i'm cut off. damn the ticking clock.

Your parents give you money? How old are you, 13?

Wait, your parents give you money? Damn, i want your parents.
Mine do too. I am trying to get financially independent though; for two reasons a) it'd give me a greater deal of security and b) I do not like the feeling that I am leeching off them (in spite of their repeated assurances that I am not). So for now the goal remains to get a job, and then to make the money work for me via low-yield investments and such. Apparently I'll be inheriting some property from my grandparents, so that's an avenue I might consider too.

rental property is the way to go. rent keeps pace with inflation. dont turn it down if you get the chance.

$1200 is per month is a supplement?! christ!

i generally just work more to supplement my income. although, by supplement i mean earn enough to live on better than beans on toast.

Personally I'm hoping to marry some incredibly sexy hot young female billionnaire and be her manslut.
I hope you like waiting in the the unemployment lines till that happens then. :p Although finding a rich hot guy that will do whatever I want does sound wunderbar. :)

Not when you're poor. Its fend for youself type of living :)

It must suck being poor. :p

Two of my three jobs are part tips so I sometimes get as much as $200 in tips in a single day. Amazing thing 'tis.

Well yeah, you're in NYC. Anybody who has a job that accepts tips (and frowns upon non-tipping) in that city should expect a lot of money in a day just from that.

It must suck being poor. :p

Not always! I get to go to college for less :D.

Not always! I get to go to college for less :D.

Hear hear! :p

Not always! I get to go to college for less :D.

Bastards!

Well yeah, you're in NYC. Anybody who has a job that accepts tips (and frowns upon non-tipping) in that city should expect a lot of money in a day just from that.Word.

.. I get money from my parents everyday..

I thought that was common..?

Ever since I and everyone I know turned 16, we've either gotten a job, sold pot, commited larceny, or have been constantly broke.

I, of course, fall under the last category. ;)

Word.

It's that way in the seafood restaurants in Port Aransas, my hometown. You can make a small fortune in just a year by waiting tables. :D

One guy tipped me $80 for "being nicer than you have to be." I was like :eek:

i also intend on winning the lottery. preferably the euromillions but the national lotto will do.

selling drugs is easy and profitable.

Yeah, until you factor in legal expenses and the risk of prosecution, or violence from competitors.

One guy tipped me $80 for "being nicer than you have to be." I was like :eek:

Jesus Fucking Christ. The most I've been tipped so far is $5!


...Then again, that's just for putting people's groceries in their cars. :p

Ever since I and everyone I know turned 16, we've either gotten a job, sold pot, commited larceny, or have been constantly broke.

I, of course, fall under the last category. ;)

I have always found embezzlement to be quite fun.

Jesus Fucking Christ. The most I've been tipped so far is $5!


...Then again, that's just for putting people's groceries in their cars. :pAll I did was carry his immensely heavy luggage to his hotel room... ... ...

Get another job?

Really, that's what you're already doing with stocks, getting the additional job of stock investor.

Personally I'm hoping to marry some incredibly sexy hot young female billionnaire and be her manslut.

Yea, but with stock investing, you could just hire people to do the work for you. All I really need is money to fund my aviation hobby which could go anywhere from $600 a month to $2,000 a month.

Your parents give you money? How old are you, 13?
21, and on the payroll for another 5 months and 6 days (i.e., i graduate).

being an only child helps.

Yah, I analyze current trends and conventional wisdom, then buy leaps puts against it.

Basically you can't loose betting against the collective stupidity of the public.

rental property is the way to go. rent keeps pace with inflation. dont turn it down if you get the chance.

It is by far one of the best ways to keep ahead. Even messing with the renters it is tops.

rental property is the way to go. rent keeps pace with inflation. dont turn it down if you get the chance.

Yea, but I don't want to deal with the people. One of the last renters we've had was a mess. She would let her boyfriends live in the rental house all the time and that was in clear violation of the Lease Agreement, and then she had this grandpa who apparently was a career criminal who stole stuff around the neighborhood including my friend's ATV, so they got evicted.

Then there was the drug addict....

I just don't want to deal with the people.

It is by far one of the best ways to keep ahead. Even messing with the renters it is tops.

Historically yes. But right now, not so much. Plus the leverage atm will kill you. I guess there are some areas where it is still possible, but then you'd have to move there which would suck.

Yea, but I don't want to deal with the people. One of the last renters we've had was a mess. She would let her boyfriends live in the rental house all the time and that was in clear violation of the Lease Agreement, and then she had this grandpa who apparently was a career criminal who stole stuff around the neighborhood including my friend's ATV, so they got evicted.

Then there was the drug addict....

I just don't want to deal with the people.

There is a fair chance that Morgan Stanley and Bear Stearns will be trading significantly below the levels that they are today within twelve months. I say this only because they have a sizable position in MBS, which are going to be downgraded before the end of the year when the underlying assets depreciate.

I would imagine that buying in the money puts for Jan 08, would give an above average return. But do your own research.

Of course, this is an internet forum, so this is not investment advice, and you would be half a retard to think it was.

If you have a hobby that you've done for a while, make it profitable. Examples:
If you used to play a sport (or still do) see if they pay youth league or high school referees.
If you are good with an instrument, offer lessons.

That's what i want to do while I am in college. Damn that money (and sex) would be great..

... for that kind of job, don't forget the protection... ;)

This is something I've been wondering for awhile now. My parents rent out two houses to supplement their income, each house rakes in about $600 a month. However, dealing with tenants and basically idiots that they rent out to is not that much fun, so I doubt I will be getting into the landlord market. So I've thought about other ways to supplement an income, and so far I've come up with either bonds or stocks, does anyone else have a system to supplement their income?
Sell things that you don't need.

You could always whore yourself out on the weekends.

This is something I've been wondering for awhile now. My parents rent out two houses to supplement their income, each house rakes in about $600 a month. However, dealing with tenants and basically idiots that they rent out to is not that much fun, so I doubt I will be getting into the landlord market. So I've thought about other ways to supplement an income, and so far I've come up with either bonds or stocks, does anyone else have a system to supplement their income?

wish we had the money to buy property to let.

my parents make just about enough money to live on by working 7 days a week and 12 to 14 hours a day. supplement my ass.

Collect racket from the locals, sell drugs, loan shark, etc...

Start your own business. Mow lawns that sort of thing or do people's laundry.

Declare yourself Norton II, Emperor of these United States of America and Protector of the Liberal Parralel Government of Mexico. Then print your own money, then taunt the United States Federal Government to declare war on you, personally. Because the one way to assure your immortality is to have the US Federal Government declare war on you. It worked for Drugs and Terror, those party animals.

Become a stripper.
Sell your dirty underwear.
Or, open a savings account.

This is something I've been wondering for awhile now. My parents rent out two houses to supplement their income, each house rakes in about $600 a month. However, dealing with tenants and basically idiots that they rent out to is not that much fun, so I doubt I will be getting into the landlord market. So I've thought about other ways to supplement an income, and so far I've come up with either bonds or stocks, does anyone else have a system to supplement their income?


Ummm no I have no, ohh oh wait yes I do, work hard!

Yea, umm, that's not an option because my parents like to add strings, so yea.
You could bet at the track, run a string of hookers, sell phoney stuff on ebay, do some paypal phishing... The list seems endless.

Not always! I get to go to college for less :D.

Really?! Since my family is poor I just get to borrow more money. At least the GI Bill ensures I won't be in debt the rest of my life, just a good portion of it.