#10. Sell Property for Cash

[charile0]

How to Sell Your Property Quickly and Easily Online for Cash

If you’re looking to sell your property quickly, selling online is one of the fastest and most convenient options. Many people today are opting to sell their property for cash to avoid the lengthy process of traditional home selling. With just a few clicks, you can connect with trusted buyers who can make a fast offer, often within 24-48 hours.

When you choose to sell your property fast, online platforms can simplify the process by offering a direct sale to cash home buyers. This allows you to skip the traditional route of listings, showings, and negotiations. Whether you're facing financial difficulties, relocating, or just want to move quickly, online platforms provide a hassle-free way to sell property quickly.

By deciding to sell my property online, you can experience a smooth, fast transaction and get the cash you need without the stress of a lengthy sale.

[bitchesgetriches]

{ MASTERPOST } Everything You Need to Know about Saving Money and Being Frugal

We’re all in this together. Don’t give up.

On food and groceries:

How to Shop for Groceries like a Boss

Why Name Brand Products Are Beneath You: The Honor and Glory of Buying Generic

If You Don’t Eat Leftovers I Don’t Even Want to Know You

You Are above Bottled Water, You Elegant Land Mermaid

You Should Learn To Cook. Here’s Why.

On entertainment and socializing:

The Frugal Introvert’s Guide to the Weekend

7 Totally Reasonable Ways To Save Money on Cheap Entertainment 

Take Pride in Being a Cheap Date

The Library Is a Magical Place and You Should Fucking Go There

Your Library Lets You Stream Audiobooks and eBooks FOR FREEEEEEE!

What’s the Effect of Social Media on Your Finances?

You Won’t Regret Your Frugal 20s

On health:

How to Pay Hospital Bills When You’re Flat Broke

Run With Me if You Want to Save: How Exercising Will Save You Money

Our Master List of 100% Free Mental Health Self-Care Tactics

Why You Probably Don’t Need That Gym Membership

How to Get DIRT CHEAP Pet Medication, Without a Prescription 

On other big expenses:

Businesses Will Happily Give You HUGE Discounts if You Ask This Magic Question

Understand the Hidden Costs of Travel and Avoid Them Like the Plague

Other People’s Weddings Don’t Have to Make You Broke

You Deserve Cheap, Fake Jewelry… Just Like Coco Chanel

3 Times I Was Damn Grateful for My Emergency Fund (and Side Income) 

When (and How) to Try Refinancing or Consolidating Student Loans

The Real Story of How I Paid Off My Mortgage Early in 4 Years 

Season 2, Episode 2: “I’m Not Ready to Buy a House—But How Do I *Get Ready* to Get Ready?”

The Most Impactful Financial Decision I’ve Ever Made… and Why I Don’t Recommend It

On buying secondhand and trading:

Almost Everything Can Be Purchased Secondhand

I Am a Craigslist Samurai and so Can You: How to Sell Used Stuff Online

The Delicate Art of the Friend Trade

On giving gifts and charitable donations:

How Can I Tame My Family’s Crazy Gift-Giving Expectations?

In Defense of Shameless Regifting

Make Sure Your Donations Have the Biggest Impact by Ruthlessly Judging Charities

The Anti-Consumerist Gift Guide: I Have No Gift to Bring, Pa Rum Pa Pum Pum

How to Spot a Charitable Scam

Ask the Bitches: How Do I Say “No” When a Loved One Asks for Money… Again? 

On resisting temptation:

How to Insulate Yourself From Advertisements

Making Decisions Under Stress: The Siren Song of Chocolate Cake

The Magically Frugal Power of Patience

6 Proven Tactics for Avoiding Emotional Impulse Spending

On minimalism and buying less:

Don’t Spend Money on Shit You Don’t Like, Fool

Everything I Know About Minimalism I Learned from the Zombie Apocalypse

Slay Your Financial Vampires

The Subscription Box Craze and the Mindlessness of Wasteful Spending

On saving money:

How To Start Small by Saving Small

Not Every Savings Account Is Created Equal

The Unexpected Benefits (and Downsides) of Money Challenges

Budgets Don’t Work for Everyone—Try the Spending Tracker System Instead

From HYSAs to CDs, Here’s How to Level Up Your Financial Savings

Season 2, Episode 10: “Which Is Smarter: Getting a Loan? or Saving up to Pay Cash?”

The Magic of Unclaimed Property: How I Made $1,900 in 10 Minutes by Being a Disorganized Mess

We will periodically update this list with newer articles. And by “periodically” I mean “when we remember that it’s something we forgot to do for four months.”

Bitches Get Riches: setting realistic expectations since 2017!

Start saving right heckin’ now!

If you want to start small with your savings, consider signing up for an Acorns account! They round up your every purchase to the nearest dollar and save and invest the change for you. We like them so much we’ve generously allowed them to sponsor us with this affiliate link:

Start investing today with Acorns

[xosdr]

Road to Wealth

If you've any questions or find any problems or spelling mistakes. Please let me know in my Discord

Please Read Terms of Use

More Info about Road to Wealth

The road to Wealth mod adds a Net Worth system to your game. Depending on your Sims net worth (property value + cash) they will automatically receive a trait and the trait will also be automatically updated when your Sim goes into another class. The five traits are: poor, lower class, middle class, upper class, and wealthy.

The new traits have also been added to preferences, so your Sim can like or dislike a certain net worth class. If they are in a net worth class they don't like they will receive negative buffs and if they are in a net worth class they do like they will receive positive buffs. Also, it is harder to make friends with Sims who are in a net worth class your Sim dislikes and easier with Sims who are in a net worth class your Sim does like.

Not only does this mod add a net worth system it also adds more ways for your Sims to spend or earn money:

They can now go on activities, by themselves or with friends and family.

They'll have to pay an entrance fee on certain lots that have the new lot challenge activated: Entrance Fee.

They can purchase memberships, so they don't have to pay the entrance fee anymore. These memberships will last 7 or 14 days.

They might receive scam calls where they either loose or win a lot of money.

They can take out a loan. Paying back the loan works the same as the Discovery University loan system, but the system has been made Base Game Compatible and has become less buggy.

Poor and lower class Sims can now search for money on certain furniture items.

Instead of selling all your inventory items directly in the inventory your Sims can now sell their items at the new stores. The interaction can be found in the shopping tab on their phone or computer. Not only can your Sims sell their items at these store they can also purchase item from these stores.

And there is also a new aspiration available: Road to Wealth.

Then this mod also comes with a few optional files. All these optional files are optional and the reason they are optional is because they are either overrides or they require DLC.

Lot Prices: changes the price of each lot in game. You can choose to have them all as §0 or the original price x 5 or x 10.

Starting Funds: changes the amount of money a new household starts with. Your Sim will have to pay back this money. It's a loan! 

Adoption & Animals: changes the prices of all adoptions and animals (except for goats, sheep, cows, llamas, and chickens). Also, animal food has become more expensive.

Diaper & Bottle: adds pricing to each diaper change and each bottle feed. Cloth diapers and breastfeeding is free.

Reward Store: adds 50% of the original price to any rewards store item. For example if it costs 2000 it will now cost 3000.

Science Baby: makes having a science baby a lot more expensive!

Services: all services have now become more expensive. This includes massages, manicures, and pedicures.

University: All university classes have become more expensive.

Translations:

Russian by Pumpkin

Chinese by ImmoralSSS 

Spanish by RoshySims

PATREON | DOWNLOAD

[gunsandspaceships]

How rich is Tony Stark?

Throughout his superhero career, Tony's net worth in the MCU has always been between $10 and $20 billion. How much is that? Let's talk about Tony Stark's real financial resources and purchasing power.

The numbers themselves don't tell us anything, so we'll compare. Some real billionaires are much richer than him (Elon Musk - $210 billion, Jeff Bezos - $195 billion, Bill Gates - $129 billion). Huge difference, don't you think?

Let's list Tony's expenses: he founded and funded Damage Control. He covered the cost of the destruction caused not only by the Avengers, but by everyone they fought. He funded scientific projects and charitable foundations. He covered all the Avengers' expenses (compound, equipment, tech, vehicles, quinjets, food, medical and legal services, staff, team members' salaries, etc.). He made Iron Man suits and equipment for himself, Peter, Rhodey, and later Pepper. It takes a LOT of money to cover all of this. And it's all pure expense. He didn't make any profit from it.

Reminder: He's not nearly as rich as Musk, Bezos or Gates. How much can these guys do, buy and finance? Less than you think. Now divide by 10 to get an idea of ​​how much Tony could.

I'll help you: we'll count in Helicarriers. Let's say Tony had $20 billion (that's max). The price of one real aircraft carrier is 13 billion dollars. Helicarriers, even the basic ones (from The Avengers and AoU), are much more advanced (they fly, have retro-reflective panels that cover them entirely, and have a fancy interior with expensive equipment on board). It will cost much more. Let's give it a price tag of $20 billion. That is - Tony could only buy 1 Helicarrier and get $0 in his bank accounts.

Or another example: how much did the Battle of New York cost? Secretary Ross showed us - $88 billion in property damage. Tony would need another $70 billion to cover the cost of this one battle.

BUT let me tell you, his $10-20 billion isn't even real money. It's net worth. He would never have seen that $10-20 billion in cash or been able to use it. Because these are assets: shares and property he had. He would have to sell them, then pay taxes, and only then would he see the actual amount of money he could use. Which is about half of the net worth - $5-10 billion. Thus, his purchasing power would amount to a small insignificant fraction of the Battle of New York, or 0 Helicarriers, or even 0 real-life aircraft carriers. That's it. This is why the Avengers never had their own Helicarrier - Tony COULD NOT AFFORD ONE.

He didn't have unlimited resources. He couldn't buy everything. Stop imagining him as Scrooge McDuck. He had to work several jobs to provide for the team and protect the Earth. Alone. Where were Thor and Black Panther's resources?

Conclusion: no, Tony wasn't that rich. He worked his butt off to be a wallet of Earth's protection, in addition to being its shield. Remember that.

[am-i-the-asshole-official]

WIBTA for reporting my landlady for tax evasion?

I’ll keep this fairly short. 🦄🫧 to maybe search this later.

I (32nb) have been renting one side of a duplex from an individual (as opposed to a company) (60s F) who I’ll call slumlady. Slumlady has done everything possible to make my life hell since move in, though we’ve done no damage to her property, paid rent on time every month, and submitted a single maintenance request in the 2 years i’ve lived there. She had a beef with my ex, who originally moved in with us, and has held it over our heads ever since (yes, ex was kind of a dick but has been out of state for nearly 2 years). From next to no notice drop ins, unreasonable maintenance demands, weekly undercover drive bys, and just general condescension, she’s been insufferable.

Since living in her property (which is not great and in a bad area) has sucked, i’ve been house hunting for the last year. I’ve finally found a house to buy and am closing in a couple weeks, so the move out date is soon. During the process though, I found that she’s claimed the property I live in as one that she(owner) lives in, which is taxed at a lower rate.

I am not sure how I would report her, but I want her to experience consequences for being so rude for no reason, and this seems like a justified way to do it. She owes those missing taxes and our state’s budget is in deficit right now.

some additional background, she has told us she has not had a job in 50 years, owns 10-15 units being rented out to mostly immigrants and other vulnerable groups (i think so they don’t feel comfortable taking her to court), and has threatened to sell our home and kick us out multiple times. she bullied our neighbor out and bragged about never returning security deposits. She also charged double deposit and two months rent, in cash, before move in all while laughing about how that was illegal and she didn’t care.

so AITA?

What are these acronyms?

[posttexasstressdisorder]

How Trump's billionaires are hijacking affordable housing

Thom Hartmann

October 24, 2024 8:52AM ET

Republican presidential nominee and former U.S. President Donald Trump attends the 79th annual Alfred E. Smith Memorial Foundation Dinner in New York City, U.S., October 17, 2024. REUTERS/Brendan McDermid

America’s morbidly rich billionaires are at it again, this time screwing the average family’s ability to have decent, affordable housing in their never-ending quest for more, more, more. Canada, New Zealand, Singapore, and Denmark have had enough and done something about it: we should, too.

There are a few things that are essential to “life, liberty, and the pursuit of happiness” that should never be purely left to the marketplace; these are the most important sectors where government intervention, regulation, and even subsidy are not just appropriate but essential. Housing is at the top of that list.

A few days ago I noted how, since the Reagan Revolution, the cost of housing has exploded in America, relative to working class income.

When my dad bought his home in the 1950s, for example, the median price of a single-family house was around 2.2 times the median American family income. Today the St. Louis Fed says the median house sells for $417,700 while the median American income is $40,480—a ratio of more than 10 to 1 between housing costs and annual income.

ALSO READ: He’s mentally ill:' NY laughs ahead of Trump's Madison Square Garden rally

In other words, housing is about five times more expensive (relative to income) than it was in the 1950s.

And now we’ve surged past a new tipping point, causing the homelessness that’s plagued America’s cities since George W. Bush’s deregulation-driven housing- and stock-market crash in 2008, exacerbated by Trump’s bungling America’s pandemic response.

And the principal cause of both that crash and today’s crisis of homelessness and housing affordability has one, single, primary cause: billionaires treating housing as an investment commodity.

A new report from Popular Democracy and the Institute for Policy Studies reveals how billionaire investors have become a major driver of the nationwide housing crisis. They summarize in their own words:

— Billionaire-backed private equity firms worm their way into different segments of the housing market to extract ever-increasing rents and value from multi-family rental, single-family homes, and mobile home park communities. — Global billionaires purchase billions in U.S. real estate to diversify their asset holdings, driving the creation of luxury housing that functions as “safety deposit boxes in the sky.” Estimates of hidden wealth are as high as $36 trillion globally, with billions parked in U.S. land and housing markets. — Wealthy investors are acquiring property and holding units vacant, so that in many communities the number of vacant units greatly exceeds the number of unhoused people. Nationwide there are 16 million vacant homes: that is, 28 vacant homes for every unhoused person. — Billionaire investors are buying up a large segment of the short-term rental market, preventing local residents from living in these homes, in order to cash in on tourism. These are not small owners with one unit, but corporate owners with multiple properties. — Billionaire investors and corporate landlords are targeting communities of color and low-income residents, in particular, with rent increases, high rates of eviction, and unhealthy living conditions. What’s more, billionaire-owned private equity firms are investing in subsidized housing, enjoying tax breaks and public benefits, while raising rents and evicting low-income tenants from housing they are only required to keep affordable, temporarily. (Emphasis theirs.)

It seems that everywhere you look in America you see the tragedy of the homelessness these billionaires are causing. Rarely, though, do you hear about the role of Wall Street and its billionaires in causing it.

The math, however, is irrefutable.

Thirty-two percent is the magic threshold, according to research funded by the real estate listing company Zillow. When neighborhoods hit rent rates in excess of 32 percent of neighborhood income, homelessness explodes. And we’re seeing it play out right in front of us in cities across America because a handful of Wall Street billionaires are making a killing.

As the Zillow study notes:

“Across the country, the rent burden already exceeds the 32 percent [of median income] threshold in 100 of the 386 markets included in this analysis….”

And wherever housing prices become more than three times annual income, homelessness stalks like the grim reaper. That Zillow-funded study laid it out:

“This research demonstrates that the homeless population climbs faster when rent affordability — the share of income people spend on rent — crosses certain thresholds. In many areas beyond those thresholds, even modest rent increases can push thousands more Americans into homelessness.”

This trend is massive.

As noted in a Wall Street Journal article titled “Meet Your New Landlord: Wall Street,” in just one suburb (Spring Hill) of Nashville:

“In all of Spring Hill, four firms … own nearly 700 houses … [which] amounts to about 5% of all the houses in town.”

This is the tiniest tip of the iceberg.

“On the first Tuesday of each month,” notes the Journal article about a similar phenomenon in Atlanta, investors “toted duffels stuffed with millions of dollars in cashier’s checks made out in various denominations so they wouldn’t have to interrupt their buying spree with trips to the bank…”

The same thing is happening in cities and suburbs all across America; agents for the billionaire investor goliaths use fine-tuned computer algorithms to sniff out houses they can turn into rental properties, making over-market and unbeatable cash bids often within minutes of a house hitting the market.

After stripping neighborhoods of homes young families can afford to buy, billionaires then begin raising rents to extract as much cash as they can from local working class communities.

In the Nashville suburb of Spring Hill, the vice-mayor, Bruce Hull, told the Journal you used to be able to rent “a three bedroom, two bath house for $1,000 a month.” Today, the Journal notes:

“The average rent for 148 single-family homes in Spring Hill owned by the big four [Wall Street billionaire investor] landlords was about $1,773 a month…”

As the Bank of International Settlements summarized in a 2014 retrospective study of the years since the Reagan/Gingrich changes in banking and finance:

“We describe a Pareto frontier along which different levels of risk-taking map into different levels of welfare for the two parties, pitting Main Street against Wall Street. … We also show that financial innovation, asymmetric compensation schemes, concentration in the banking system, and bailout expectations enable or encourage greater risk-taking and allocate greater surplus to Wall Street at the expense of Main Street.”

It’s a fancy way of saying that billionaire-owned big banks and hedge funds have made trillions on housing while you and your community are becoming destitute.

Ryan Dezember, in his book Underwater: How Our American Dream of Homeownership Became a Nightmare, describes the story of a family trying to buy a home in Phoenix. Every time they entered a bid, they were outbid instantly, the price rising over and over, until finally the family’s father threw in the towel.

“Jacobs was bewildered,” writes Dezember. “Who was this aggressive bidder?”

Turns out it was Blackstone Group, now the world’s largest real estate investor run by a major Trump supporter. At the time they were buying $150 million worth of American houses every week, trying to spend over $10 billion. And that’s just a drop in the overall bucket.

As that new study from Popular Democracy and the Institute for Policy Studies found:

“[Billionaire Stephen Schwarzman’s] Blackstone is the largest corporate landlord in the world, with a vast and diversified real estate portfolio. It owns more than 300,000 residential units across the U.S., has $1 trillion in global assets, and nearly doubled its profits in 2021. “Blackstone owns 149,000 multi-family apartment units; 63,000 single-family homes; 70 mobile home parks with 13,000 lots through their subsidiary Treehouse Communities; and student housing, through American Campus Communities (144,300 beds in 205 properties as of 2022). Blackstone recently acquired 95,000 units of subsidized housing.”

In 2018, corporations and the billionaires that own or run them bought 1 out of every 10 homes sold in America, according to Dezember, noting that:

“Between 2006 and 2016, when the homeownership rate fell to its lowest level in fifty years, the number of renters grew by about a quarter.”

And it’s gotten worse every year since then.

This all really took off around a decade ago following the Bush Crash, when Morgan Stanley published a 2011 report titled “The Rentership Society,” arguing that snapping up houses and renting them back to people who otherwise would have wanted to buy them could be the newest and hottest investment opportunity for Wall Street’s billionaires and their funds.

Turns out, Morgan Stanley was right. Warren Buffett, KKR, and The Carlyle Group have all jumped into residential real estate, along with hundreds of smaller investment groups, and the National Home Rental Council has emerged as the industry’s premiere lobbying group, working to block rent control legislation and other efforts to control the industry.

As John Husing, the owner of Economics and Politics Inc., told The Tennessean newspaper:

“What you have are neighborhoods that are essentially unregulated apartment houses. It could be disastrous for the city.”

As Zillow found:

“The areas that are most vulnerable to rising rents, unaffordability, and poverty hold 15 percent of the U.S. population — and 47 percent of people experiencing homelessness.”

The loss of affordable homes also locks otherwise middle class families out of the traditional way wealth is accumulated — through home ownership: over 61% of all American middle-income family wealth is their home’s equity.

And as families are priced out of ownership and forced to rent, they become more vulnerable to homelessness.

Housing is one of the primary essentials of life. Nobody in America should be without it, and for society to work, housing costs must track incomes in a way that makes housing both available and affordable.

Singapore, Denmark, New Zealand, and parts of Canada have all put limits on billionaire, corporate, and foreign investment in housing, recognizing families’ residences as essential to life rather than purely a commodity. Multiple other countries are having that debate or moving to take similar actions as you read these words.

America should, too.

ALSO READ: Not even ‘Fox and Friends’ can hide Trump’s dementia

[zaurae]

𝐁𝐞𝐜𝐨𝐦𝐢𝐧𝐠 𝐖𝐞𝐚𝐥𝐭𝐡𝐲

⋆ ˚｡⋆୨ 𝑯𝒐𝒘 𝒕𝒐 𝑩𝒆𝒄𝒐𝒎𝒆 𝑹𝒊𝒄𝒉 ୧⋆ ˚｡⋆

𝑨𝒔𝒌 𝑨𝒍𝒍𝒂𝒉 𝑺𝒖𝒃𝒉𝒂𝒏𝒂𝒉𝒖 𝒘𝒂 𝒕𝒂❜𝒂𝒍𝒂

♡ Always and forever pray to your lord, Allah subhanahu wa ta'ala for wealth and success in a healthy and halal way ♡

Make constant dua, repentence, Tahajjud, and perform goodness as well. With goodness, eliminating bad habits and doing good for your lord, repenting, and seeking to our Rabb; Allah subhanahu wa ta'ala grants our duas, grants us more than what we asked.

Ask Allah subhanahu wa ta'ala by the 99 names:

-`♡´- Al - Ghani (The Rich, The Independent One, The Wealthy)

-`♡´- Al - Wajid (The Wealthy)

-`♡´- Al - Razzaq (The Provider)

-`♡´- Al - Mughni (The Enricher)

Never lose hope and know that with every blessing we have and whatever way we earned that wealth being an amazing job offer you received or marrying a good wealthy man--that is all due and thanks to Allah subhanahu wa ta'ala.

Be sure to always thank Allah subhanahu wa ta'ala, and strive to become a good muslim and never be deceived or change no matter how much wealth you have

𝑺𝒕𝒂𝒚𝒊𝒏𝒈 𝑶𝒖𝒕 𝑶𝒇 𝑫𝒆𝒃𝒕

♡･ﾟ:｡.:･ﾟ The more debt you have, the less wealth you will have. Debt is dangerous in terms of becoming rich, as well as limiting your freedom.

Unfortunately, VISA or any form of credit card is a tool that makes us less rich--of course it depends how you use it or repay it--therefore, I suggest you to not always use your credit card and only use it if it is an emergency or that is the only payment method; however, please make sure to repay those debts as soon as possible. Give yourself a 10 day due date to repay the amount owed. ♡･ﾟ:｡.:･ﾟ

𝑺𝒂𝒗𝒊𝒏𝒈

❥ Saving does not only mean save your money, but it also means saving liquid money--cash--or any item/product that has the value to convert it to cash--with a higher price.

This makes you richer even though it may not seem like it. For instance, your house or your apartment you bought, if you end us selling it you get half the money.

If you have cash, instead of trying to get rid of it and only relying on your debt card or apple pay; save the cash money, those quarters and dimes you think is useless but it is not.

Save your liquid money, those investment objects because that is the true secret of becoming rich.

𝑰𝒏𝒗𝒆𝒔𝒕𝒎𝒆𝒏𝒕

As mentioned above, save and make investments through your money like liquid money and physical items that obtains higher value each year or month.

As much as we love shopping, try your best to purchase more of the things that brings more value and more wealth in the long-run. This includes the following:

-`♡´- Full Karat Gold

-`♡´- A Property

-`♡´- Any clothing with higher value each year

-`♡´- Good Quality Device

-`♡´- Books (Especially College/University Textbooks)

-`♡´- House

-`♡´- Car

-`♡´- Diamond or Gem

・❥・There are a lot more items, but basically whatever item that has a increased value/price over the month or year.

𝑫𝒐𝒏❜𝒕 𝑻𝒂𝒌𝒆 𝑴𝒐𝒏𝒆𝒚 𝑭𝒐𝒓 𝑮𝒓𝒂𝒏𝒕𝒆𝒅

Do not think little of a few dimes or dollars. Money is still money and is still worth something.

Whenever you earn lets say a quarter or 50 cents, be grateful and happy as if you earned $100. With this mindset, and treating every amount as it is huge, this will ultimately manifest money itself.

Be grateful no matter the amount--as you are more grateful, Allah subhanahu wa ta'ala grants more.

𝑮𝒊𝒗𝒆 𝑪𝒉𝒂𝒓𝒊𝒕𝒚

✧˚ · Giving charity is so important and mentioned a lot in hadiths ✧˚ ·

"Those who spend their wealth (in Allah's way) by night and by say, secretly and publicly, they will have their reward with their Lord. And no fear will there be concerning them, nor will they grieve." (Al - Baqarah 2.274)

When you give charity to those in need, it certainly does not decrease wealth.

And giving charity does not always mean giving it with money. Sometimes others cannot give money; however, there are also many ways such as:

Making dua for that person

Making someone feel better

Smiling

Speaking good to and about someone

Helping others

Respect

Not being indulged to backbiting

Charity means so much more because there are so much to give to someone!

Never hoard your money of your other abilities to help, but instead help others as it also helps you in ranks, wealth, respect, rewards, and the hellfire.

˗ˏˋ 𝐷𝑢𝑎 𝑡𝑜 𝐵𝑒𝑐𝑜𝑚𝑒 𝑅𝑖𝑐ℎ ´ˎ˗ Allahumma akthir malee, wa waladee, wa barik lee feema a'taytanee O Allah! increase my wealth and offspring, and bless me in what You have given me.

[ellas-journey]

Ah the Red light- I mean “entertainment” district 💄

It is true that there are three figures that we associate with Japan: Naruto, Luffy and Goku - I mean the ancient samurai, the modern salary man, and the eternal Geisha. Especially during the Edo Period, there was a rise in the so-called red-light districts, stage of the mesmerizing ukiyo-e, that the common mortal would happily purchase, in special, the shunga, that could picture the most obscene acts. But things aren’t always like the art portrait am I right? Sex trade in early modern Japan was so important that its history can also be read as the history of the society. But even though the prostitution relationship with the government changed, one thing they always had in common: it was the exchange of sexual services for a payment [most of the times in cash]. Before all, let's say something: male prostitution did exist. But it was just not considered the same business than the woman’s prostitution. Male sex trade became more associated with the theatre world and the teahouses. It was never recognised or regulated and had never the same punishments that woman did. This could be linked to the function of the man and woman in the households. Since a man could only be a brother, but the woman could start turmoil and try to substitute the wife in the family and give the male heirs. (Ah yes, always the baby problem. So be gay do crime I guess) During the 17th century prostitution was flued by the demographic movements of man opening cities, by the 18th the power shifted to the small provinces. And to where the man goes, the sex trade goes. In the 19th century the sex trade spread to all the territory. In the beginning of the Edo period, the rule of the "wife" and the "prostitute" could be confused. After all the women could be said to only have those two paths, and it wasn't for her to choose, but her male guardian. Since the woman was viewed as an object of the man's property, he could sell her as he wished. Yes, even wives and daughters from "good" families were sold as a way to pay a debt. “There was no question that the Tokugawa authorities’ vision of status order had been confining for woman: it subordinated them to male household heads and emphasized the values of obedience and submission. Indeed, some must have welcomed the opportunity to step outside their narrowly defines roles as wives and daughters. (…) But for the vast majority of woman who worked in the sex trade, the crises of the gendered order, and the disintegration of the limited protection it offered, was hardly a form of liberation.” - Stanley,2012;

In 1612 a man called Jin'emon tried to ask the Shogunate to recognise his business. He said that unregulated sex trade could cause a lot of problems like young girls being kidnapped, samurais plotting rebellions in the courtesans' beds, man splurging their wages on woman (and babies a lot of unwanted babies coming back for their illegitimate families let’s not forget that). The shogunate (finally) agreed and gave him a plot of land in the outskirts of town with (a lot of) conditions: they would regulate the sex trade, they would record the comings and goings, report anything suspicious, and the woman - yujo - could not leave the "pleasure quarters" and thus the Red Light district was born, at the time called Yoshiwara or "Reed Plain". The Shogunate soon started to forbid the selling and buying of humans, believe it or not this also included woman. But, as always, with exceptions. Woman could enter the “pleasure quarters” if the hitonushi [the woman’s legal guardian] allowed and if she consented. The same would apply if a family was in extreme poverty, the man could only sell is wife as a last resort. Also, eternal servitude was now illegal, the limit was now 10 years, but obviously the Yoshiwara’s pleasure houses lords would manipulate the contracts to go around this rule. The Shogunate tried to regulate the clandestine prostitutes that the common people called baita [whores]. But these women, that normally worked in the side of the streets, were paid very little and were the wives and daughter of marginal men. There was also the problem of the “bathhouses”, where pretty woman would scrub the backs and rinse their hair of men. Yoshiwara brothels complained that these bathhouses were hurting their business since it was at the time that bordels were forbidden from working during the night, so this bathhouses would do drinking parties with shamisen music and everything. And the yuna [bathing girls] were cheaper than the yujo. Bit after the big fire of Meireki at 1657 these bathhouses choose to relocate to Yoshiwara. But there was a problem is this tentative of politicised the sex trade: the woman that only sold sex as a secondary option. She shogunate realised this problem and declared that all the waitresses, dancers and entertainers that agreed with patrons to sell sex would be considered clandestine prostitutes. But there was a risen of a type of artistic woman, that was skilled in entertainment, that started to imitate the male way entertainment - the Geisha. “Originally, both men and women professionally living on light accomplishments inseparably went under the name of “geisha”, although men were called “otoko geisha” or male geisha, and women “onna geisha” or female geisha. Subsequently the term “onna” was dropped, so that the onna geisha came to be called simply geisha, and the otoko geisha or male geisha changed simultaneously their name into “hokan” or jester.” – Longstreet; Mansfield; Longstreet, 2020; The word geisha can be split into "art" and "person", meaning that the geisha were the perfect mix between the performance and prostitution. They were supposed to have many artistic talents like singing, reciting poetry, performing the tea ceremony, playing the shamisen, arranging flowers, telling the best jokes, whispering obscene things, in short entertaining men. Selling sex was a last thing. They were sexually available, but they had a price, and with a higher price came its social value.

These Geisha usually had their hair up in the traditional maga style [which was mostly made of wigs], wore colourful makeup, kimonos, and obi. Normally they had various apprentices called maiko or hangyoku. (Yes I'm sorry to break your heart but the little girls at House Tokito (Tanjiro infiltration), that help the Koinatsu Oiran were either sold or daughters of courtesans at that house, being trained to be the next Oiran) Obviously, they also had lovers, but outside their job. In the workplace they would smile and bow to entertain their patrons. Sometimes they could choose a wealthier patron that would sponsor their lifestyle. Sometimes they had another lover that was their true love, but that was not the best option since time was money. Unlike the courtesans the geisha could choose their patrons, but sooner or later their professions would start to be confused. Many of the trends of the Edo period continued after the Meiji restoration. Until the Taisho Era [1912-1926] the number of prostitutes registered in brothels doubled. The number of Geisha alone as circa 79.348. It was estimated that 1 out of 31 Japanese young women were employed in the sex trade (that excluding the comfort woman cause non-Japanese did not count, cause ah the imperialism) The funny part was, the money that these women made was income that would be invested in important modernizing infrastructures like elementary schools. With the westernization government started to being pressure to liberate this woman, but soon these women realized that they did not have were to go. So, in technical terms nothing really changed. But the Japanese started to be see this woman as impure, in part because of the sexual deceases that were starting to be aware of. Now we understand why one of the Demon Slayer arcs takes us to the pleasure district, because during a lot of time it was the center of a lot of what we now call the japanese culture.

Linfamy. 2023 - Two Oh-So-Happy Destinies Forced Upon Daughters in Edo Japan. [Consulted on the 27th June 2023] Available on: <https://www.youtube.com/watch?v=Wcewuw0sMOo>; LONGSTREET, Stephen. LONGSTREET, Ethel. MANSFIELD, Stephen. 2020 - Geishas and the Floating World: Inside Tokyo’s Yoshiwara Pleasure District. Clarendon: Tuttle Publishing. [Ebook]; STANLEY, Amy. 2012 - Selling Women: Prostitution, Markets, and the Household in Early Modern Japan. California: University of California Press. [Ebook];

[beardedmrbean]

It was the most spectacular trial ever held in Vietnam, befitting one of the greatest bank frauds the world has ever seen.

Behind the stately yellow portico of the colonial-era courthouse in Ho Chi Minh City, a 67-year-old Vietnamese property developer was sentenced to death on Thursday for looting one of the country's largest banks over a period of 11 years.

It's a rare verdict - she is one of very few women in Vietnam to be sentenced to death for a white collar crime.

The decision is a reflection of the dizzying scale of the fraud. Truong My Lan was convicted of taking out $44bn (£35bn) in loans from the Saigon Commercial Bank. The verdict requires her to return $27bn, a sum prosecutors said may never be recovered. Some believe the death penalty is the court's way of trying to encourage her to return some of the missing billions.

The habitually secretive communist authorities were uncharacteristically forthright about this case, going into minute detail for the media. They said 2,700 people were summoned to testify, while 10 state prosecutors and around 200 lawyers were involved.

The evidence was in 104 boxes weighing a total of six tonnes. Eighty-five others were tried with Truong My Lan, who denied the charges and can appeal.

All of the defendants were found guilty. Four received life in jail. The rest were given prison terms ranging from 20 years to three years suspended. Truong My Lan's husband and niece received jail terms of nine and 17 years respectively.

"There has never been a show trial like this, I think, in the communist era," says David Brown, a retired US state department official with long experience in Vietnam. "There has certainly been nothing on this scale."

The trial was the most dramatic chapter so far in the "Blazing Furnaces" anti-corruption campaign led by the Communist Party Secretary-General, Nguyen Phu Trong.

A conservative ideologue steeped in Marxist theory, Nguyen Phu Trong believes that popular anger over untamed corruption poses an existential threat to the Communist Party's monopoly on power. He began the campaign in earnest in 2016 after out-manoeuvring the then pro-business prime minister to retain the top job in the party.

The campaign has seen two presidents and two deputy prime ministers forced to resign, and hundreds of officials disciplined or jailed. Now one of the country's richest women has joined their ranks.

Truong My Lan comes from a Sino-Vietnamese family in Ho Chi Minh City, formerly Saigon. It has long been the commercial engine of the Vietnamese economy, dating well back to its days as the anti-communist capital of South Vietnam, with a large, ethnic Chinese community.

She started as a market stall vendor, selling cosmetics with her mother, but began buying land and property after the Communist Party ushered in a period of economic reform, known as Doi Moi, in 1986. By the 1990s, she owned a large portfolio of hotels and restaurants.

Although Vietnam is best known outside the country for its fast-growing manufacturing sector, as an alternative supply chain to China, most wealthy Vietnamese made their money developing and speculating in property.

All land is officially state-owned. Getting access to it often relies on personal relationships with state officials. Corruption escalated as the economy grew, and became endemic.

By 2011, Truong My Lan was a well-known business figure in Ho Chi Minh City, and she was allowed to arrange the merger of three smaller, cash-strapped banks into a larger entity: Saigon Commercial Bank.

Vietnamese law prohibits any individual from holding more than 5% of the shares in any bank. But prosecutors say that through hundreds of shell companies and people acting as her proxies, Truong My Lan actually owned more than 90% of Saigon Commercial.

They accused her of using that power to appoint her own people as managers, and then ordering them to approve hundreds of loans to the network of shell companies she controlled.

The amounts taken out are staggering. Her loans made up 93% of all the bank's lending.

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According to prosecutors, over a period of three years from February 2019, she ordered her driver to withdraw 108 trillion Vietnamese dong, more than $4bn (£2.3bn) in cash from the bank, and store it in her basement.

That much cash, even if all of it was in Vietnam's largest denomination banknotes, would weigh two tonnes.

She was also accused of bribing generously to ensure her loans were never scrutinised. A former chief inspector at the central bank was given a life sentence for accepting a $5m bribe.

The mass of officially sanctioned publicity about the case channelled public anger over corruption against Truong My Lan, whose fatigued, unmade-up appearance in court was in stark contrast to the glamorous publicity photos people had seen of her in the past.

But questions are also being asked about why she was able to keep on with the alleged fraud for so long.

"I am puzzled," says Le Hong Hiep who runs the Vietnam Studies Programme at the ISEAS - Yusof Ishak Institute in Singapore.

"Because it wasn't a secret. It was well known in the market that Truong My Lan and her Van Thinh Phat group were using SCB as their own piggy bank to fund the mass acquisition of real estate in the most prime locations.

"It was obvious that she had to get the money from somewhere. But then it is such a common practice. SCB is not the only bank that is used like this. So perhaps the government lost sight because there are so many similar cases in the market."

David Brown believes she was protected by powerful figures who have dominated business and politics in Ho Chi Minh City for decades. And he sees a bigger factor in play in the way this trial is being run: a bid to reassert the authority of the Communist Party over the free-wheeling business culture of the south.

"What Nguyen Phu Trong and his allies in the party are trying to do is to regain control of Saigon, or at least stop it from slipping away.

"Up until 2016 the party in Hanoi pretty much let this Sino-Vietnamese mafia run the place. They would make all the right noises that local communist leaders are supposed to make, but at the same time they were milking the city for a substantial cut of the money that was being made down there."

At 79 years old, party chief Nguyen Phu Trong is in shaky health, and will almost certainly have to retire at the next Communist Party Congress in 2026, when new leaders will be chosen.

He has been one of the longest-serving and most consequential secretary-generals, restoring the authority of the party's conservative wing to a level not seen since the reforms of the 1980s. He clearly does not want to risk permitting enough openness to undermine the party's hold on political power.

But he is trapped in a contradiction. Under his leadership the party has set an ambitious goal of reaching rich country status by 2045, with a technology and knowledge-based economy. This is what is driving the ever-closer partnership with the United States.

Yet faster growth in Vietnam almost inevitably means more corruption. Fight corruption too much, and you risk extinguishing a lot of economic activity. Already there are complaints that bureaucracy has slowed down, as officials shy away from decisions which might implicate them in a corruption case.

"That's the paradox," says Le Hong Hiep. "Their growth model has been reliant on corrupt practices for so long. Corruption has been the grease that that kept the machinery working. If they stop the grease, things may not work any more."

[vintagelasvegas]

Apache Hotel / Horseshoe Club / Binion’s Gambling Hall

Apache Hotel, Fremont & 2nd, right around the time of opening in March 1932. No signs on the building. Photo by Larry Ullom.

Apache hotel and various clubs:

‘05: Property bought by W.R. Thomas, begins building a hotel in ‘10, abandons the project, leaving exposed open basement through the 20s.

‘31: P.O. Silvagni buys the property, begins building. A.L. Worswick, architect.

‘32: Apache Hotel opens 3/19/32. Hotel leased to R.R. Russell for 15 years. Silvagni opens a series of clubs in the basement in ‘32-34 - Apache Indian Village, Kiva Club, and ‘Pache Club. Apache Casino, a separate business, opens on the ground floor in Oct. by Pop Houskey, T. Thebo.

‘41: New Western Casino on the ground floor in Jul.; closed Spring ‘42.

‘42: Forester Jewelers on the ground floor (10/1/42-7/28/44).

‘45: S.S. Rex Club on the ground floor, opened 3/3/45. Partners include T. Cornero, Silvagni, W. Alderman. Sign by Nevada Outdoor Advertising. City orders partners including owner/landlord Silvagni out in Jun; G. McAfee licensed to take over the club in Jul. The "S.S." was dropped from the club name on paper post-Cornero, but the signs never changed.

‘46: Rex Club sold to M. Bernstein in Feb; M. Sedway as manager; casino becomes Eldorado Club in Aug, Sedway continues as manager.

‘47: Apache Hotel rooftop sign installed (c. late ‘47). Arthur Rozen, Ed Moss take over management at Eldorado Club.

‘50: Eldorado closed in Dec. The club reopened as Clover Club circa Jan.-Feb ‘51 with Eldorado sign in place. Eldorado sign removed from marquee by May ‘51.

Horseshoe club:

‘51: Horseshoe Club opens on the ground floor 8/14/51.

‘52: “Benny Binion” name added to the Horseshoe sign c. May, after Binion is licensed.

‘53: Binion loses license in Dec after federal conviction; casino under control of new partners J. Brown, W. Dorsett, “Doby Doc” Caudill; Binion name removed from the sign in late ‘53 or early ‘54.

‘54: Apache Hotel Annex expansion on 2nd St with Horseshoe Club on the ground floor, alley separates the main building and annex. Million dollar display introduced to Horseshoe Club.

‘58: Horseshoe Club leases Apache Hotel. Rooftop sign removed, and the Apache name retired until 2019. Brown’s stake sold to E. Levinson & Fremont Hotel partners, Levinson as president of Horseshoe.

‘59: Million dollar display removed, currency belonging to Joe W. Brown estate.

‘60: Jack Binion, age 22, approved as 2 ½ owner of Horseshoe

‘61: Neon facade installed on the building and expansion onto former Boulder Club property.

‘62: Parking garage addition, McAllister & Wagner, architect.

‘64: Binion family becomes sole shareholders of the Horseshoe. Main building and annex joined, removing the alley at unknown date in mid-late 60s.

‘69: Million dollar display re-introduced.

‘70: World Series of Poker begins.

‘88: Horseshoe buys The Mint in Jun; expands into the club in Jul; “Mint” lettering immediately removed from the signs; signs entirely replaced throughout Fall ‘88-early ‘89. Benny Binion statue sculpted by Deborah Copenhaver, at Casino Center & Ogden, unveiled in Nov.

‘98: Becky Binion Behnen sole owner of Horseshoe.

‘99: Million dollar display sold, removed.

‘04: Horseshoe closed after cash seizure, 1/9/2004. Sold to Harrah’s. Harrah’s retains Horseshoe brand and World Series of Poker, sells remaining assets to MTR Gaming.

Binion’s Gambling Hall:

‘05: Hotel-casino rebranded Binion’s Gambling Hall & Hotel in Mar.

‘08: Casino and hotel lease sold to TLC Gaming.

‘09: Hotels closed (former Mint tower and Apache).

‘19: Older hotel reopens as Apache Hotel.

Photos from the collection at Nevada State Museum, Las Vegas. Sources include: D. Swanson. Blood aces: the wild ride of Benny Binion, the gangster who created Vegas poker. Viking, 2014.

Below: circa 1932, view on 2nd Street, main hotel entrance. 

[jessbrownz]

Investment Property Loans Made Simple

Investing in property holds the promise of financial freedom, yet navigating the world of investment property loans can seem daunting. With NZ Mortgages as your guide, you can embark on this journey with confidence. Let’s delve into the fundamentals of investment property loans, so that you get  clarity and insight to get  on the path to realising your financial goals.

Understanding Investment Property Loans

Investment property loans differ from traditional home loans in several key aspects. While both involve borrowing money to purchase property, investment loans are specifically tailored for properties that are not occupied by the owner. These loans typically have higher interest rates and stricter eligibility criteria due to the increased risk associated with investment properties.

Types of Investment Property Loans

Fixed Rate Loans:

With a fixed-rate loan, the interest rate remains constant throughout the loan term, providing stability and predictability in repayments. This option is ideal for investors seeking protection against potential interest rate fluctuations.

Variable Rate Loans:

Variable rate loans are subject to changes in interest rates, which can either increase or decrease over time. While this option offers flexibility and the potential for lower interest rates, it also carries the risk of higher repayments if rates rise.

Interest-Only Loans:

Interest-only loans allow investors to pay only the interest portion of the loan for a specified period, typically five to 10 years. This can provide short-term cash flow benefits by reducing monthly repayments, but borrowers must be prepared for higher repayments once the interest-only period ends.

Eligibility and Requirements

Before applying for an investment property loan, it's essential to understand the eligibility criteria and requirements set forth by lenders. Key factors that lenders consider include:

Credit Score:

A strong credit score demonstrates a borrower's ability to manage debt responsibly and is a crucial factor in determining eligibility for an investment loan.

Debt-to-Income Ratio:

Lenders assess the borrower's debt-to-income ratio to ensure they have sufficient income to cover loan repayments. Lower ratios indicate less financial strain and may improve loan approval chances.

Loan-to-Value Ratio (LTV):

The LTV ratio compares the loan amount to the property's value, with lower ratios typically resulting in more favourable loan terms. Lenders may require a higher deposit for investment loans to mitigate risk.

Benefits of Investing in Property

Investing in property offers numerous benefits that can contribute to long-term financial stability and growth:

Rental Income:

Investment properties generate rental income, providing a steady stream of cash flow that can be used to cover loan repayments and expenses.

Capital Appreciation:

Over time, property values tend to increase, allowing investors to build equity and potentially realise capital gains on selling the property.

Tax Advantages:

Property investors may benefit from tax deductions on mortgage interest, property depreciation, and other expenses, reducing their overall tax liability.

While investment property loans offer opportunities for wealth creation, it's crucial to be aware of potential risks and considerations:

Market Volatility:

Property markets can be subject to fluctuations in supply and demand, economic conditions, and government policies. Investors should conduct thorough market research and risk assessments to mitigate exposure to volatility.

Vacancy and Cash Flow:

Vacancies in rental properties can disrupt cash flow and impact loan repayments. Investors should budget for potential vacancies and have contingency plans in place to cover expenses during lean periods.

Property Maintenance and Management:

Owning an investment property entails responsibilities such as maintenance, repairs, and tenant management. Investors should budget for these expenses and consider outsourcing property management services if needed.

Interest Rate Risks:

Variable rate loans are susceptible to changes in interest rates, which can affect borrowing costs and cash flow. Investors should assess their risk tolerance and consider strategies such as fixing interest rates or creating buffers to mitigate interest rate risks.

Working with NZ Mortgages

NZ Mortgages specialises in helping investors navigate the complexities of investment property loans. With our expertise and personalised approach, we empower clients to make informed decisions and achieve their financial objectives. Our services include:

Loan Comparison:

We offer a wide range of loan options from various lenders, allowing clients to compare rates, terms, and features to find the best fit for their investment strategy.

Expert Advice:

Our team of mortgage professionals provides personalised guidance and support throughout the loan application process, ensuring a smooth and seamless experience from start to finish.

Ongoing Support:

Beyond securing financing, we remain committed to our clients' success, offering ongoing support and resources to help them maximise the return on their investment property portfolio.

Strategies for Success

To maximise returns and mitigate risks when investing in property, consider the following strategies:

Diversification:

Diversifying your investment portfolio across different property types, locations, and asset classes can help spread risk and enhance long-term returns. Consider investing in residential, commercial, and mixed-use properties to diversify your portfolio.

Research and Due Diligence:

Conduct thorough research and due diligence before investing in a property. Evaluate factors such as location, property condition, rental demand, and potential for capital appreciation to make informed investment decisions.

Financial Planning:

Develop a comprehensive financial plan that accounts for your investment goals, risk tolerance, cash flow projections, and exit strategies. Consider working with financial advisers and mortgage brokers to optimise your investment strategy and financing options.

Regular Review and Monitoring:

Regularly review and monitor your investment portfolio to assess performance, identify opportunities for optimisation, and make necessary adjustments to your strategy. Stay informed about market trends, regulatory changes, and economic developments that may impact your investments.

Conclusion:

Investment property loans represent a gateway to financial freedom, and with NZ Mortgages by your side, the journey becomes simpler and more rewarding. By understanding the nuances of investment lending and leveraging the expertise of our team, you can confidently pursue your investment goals and build a brighter financial future. Contact NZ Mortgages today and unlock the potential of property investment.

[vibeventurehub]

25 Passive Income Ideas to Build Wealth in 2025

Passive income is a game-changer for anyone looking to build wealth while freeing up their time. In 2025, technology and evolving market trends have opened up exciting opportunities to earn money with minimal ongoing effort. Here are 25 passive income ideas to help you grow your wealth:

1. Dividend Stocks

Invest in reliable dividend-paying companies to earn consistent income. Reinvest dividends to compound your returns over time.

2. Real Estate Crowdfunding

Join platforms like Fundrise or CrowdStreet to invest in real estate projects without the hassle of property management.

3. High-Yield Savings Accounts

Park your money in high-yield savings accounts or certificates of deposit (CDs) to earn guaranteed interest.

4. Rental Properties

Purchase rental properties and outsource property management to enjoy a steady cash flow.

5. Short-Term Rentals

Leverage platforms like Airbnb or Vrbo to rent out spare rooms or properties for extra income.

6. Peer-to-Peer Lending

Lend money through platforms like LendingClub and Prosper to earn interest on your investment.

7. Create an Online Course

Turn your expertise into an online course and sell it on platforms like Udemy or Teachable for recurring revenue.

8. Write an eBook

Publish an eBook on Amazon Kindle or similar platforms to earn royalties.

9. Affiliate Marketing

Promote products or services through a blog, YouTube channel, or social media and earn commissions for every sale.

10. Digital Products

Design and sell digital products such as templates, printables, or stock photos on Etsy or your website.

11. Print-on-Demand

Use platforms like Redbubble or Printful to sell custom-designed merchandise without inventory.

12. Mobile App Development

Create a useful app and monetize it through ads or subscription models.

13. Royalties from Creative Work

Earn royalties from music, photography, or artwork licensed for commercial use.

14. Dropshipping

Set up an eCommerce store and partner with suppliers to fulfill orders directly to customers.

15. Blogging

Start a niche blog, grow your audience, and monetize through ads, sponsorships, or affiliate links.

16. YouTube Channel

Create a YouTube channel around a specific niche and earn through ads, sponsorships, and memberships.

17. Automated Businesses

Use tools to automate online businesses, such as email marketing or subscription box services.

18. REITs (Real Estate Investment Trusts)

Invest in REITs to earn dividends from real estate holdings without owning property.

19. Invest in Index Funds

Index funds provide a simple way to earn passive income by mirroring the performance of stock market indexes.

20. License Software

Develop and license software or plugins that businesses and individuals can use.

21. Crypto Staking

Participate in crypto staking to earn rewards for holding and validating transactions on a blockchain network.

22. Automated Stock Trading

Leverage robo-advisors or algorithmic trading platforms to generate passive income from the stock market.

23. Create a Membership Site

Offer exclusive content or resources on a membership site for a recurring subscription fee.

24. Domain Flipping

Buy and sell domain names for a profit by identifying valuable online real estate.

25. Invest in AI Tools

Invest in AI-driven platforms or create AI-based products that solve real-world problems.

Getting Started

The key to success with passive income is to start with one or two ideas that align with your skills, interests, and resources. With dedication and consistency, you can build a diversified portfolio of passive income streams to secure your financial future.

[marleycrowe]

[ skeet ulrich, cis male, he/him ] — whoa! MARLEY CROWE just stole my cab! not cool, but maybe they needed it more. they have lived in the city for 1 YEAR, working as an ODD JOB MAN. that can’t be easy, especially at only 42 YEARS OLD. some people say they can be a little bit UNSTABLE and IMPULSIVE , but i know them to be RESOURCEFUL and RESILIENT. whatever. i guess i’ll catch the next cab. hope they like the ride back to QUEENS! 

(TW:Death, Mental Health, Grief, Alcohol, Addiction, Trauma) -

Before New York.

Marley grew up on a disused farm. With plenty of overgrown land to explore. He spent most of his childhood playing with sticks, rocks and mud. He had a vibrant imagination and could spend whole summers just amusing himself surrounded by nature.

He was homeschooled by his mother until he was about 15. He's got the basics down, but, it was clear from an early age that he wasn't the academic type.

From he was about 10, his father began to teach him a little bit of everything he knew. They went hunting together and he taught him basic woodworking as well as home and vehicle maintenance. They were never particularly close, but Marley looks back on their time of silent co-working with great nostalgia.

He worked mainly as a carpenter until he was 36. He still lived in the family home, maintaining the property as his parents got older. However, his life took a drastic turn. His father died suddenly and the grief took his mother a few years later. Now completely alone, he began to neglect both his home and himself as he turned to alcohol to try and cope with the sudden change in his life.

Desperate to turn things around, on a sudden whim of rare clarity, he booked himself into a treatment centre in New York, selling the family home to afford his medical care as well as an apartment.

-

Present Day.

Marley lasted less than six months in the rehabilitation programme before he insisted that he could do it alone and that having all the people around him was just making things worse. And so, he left and took his few belongings to the cheap apartment he'd purchased in Queens.

Marley works, but, he's extremely inconsistent. He's good with his hands and takes up a lot of 'cash-in-hand' style odd jobs. Such as painting, woodwork, basic household plumbing/electrics and other manual labour jobs. However, getting him to show up and be reliable when he does, is often a struggle.

He often has little cash and that he does have he tends to squander. So, it wouldn't be unusual to see him dumpster diving or thrifting for essentials. His current prized possession is a wind-up vinyl player as he can still enjoy it whenever his electric gets cut off.

His home is in relative squalor. Despite his ability to tend to things, he is neglectful both of himself and his surroundings. His home is untidy. He doesn't have too many possessions, but, they tend to be strewn around as he sets things down and forgets about them.

Marley wants to do better for himself. But, he's ambivalent between feeling he deserves more out of his life, and feeling that he's ruined his chances and may as well not bother trying, as he feels he'll only fail anyway.

-

Wanted Connections. (These are starting off points that could help drum up ideas.)

The Bad Influence. Someone who's only there for a good time. A fairweather friend. Marley can be witty and excitable, but he can also be impulsive and end up in over his head. You love the fun you guys have together, but, when it goes on too long and he ends up in trouble, you're nowhere to be seen.

The Mother Hen. Someone who genuinely wants to be his friend and wants to help him be the best version of himself he can be. In a sense, you feel sorry for him. It makes you feel better to help him clean up, or to fix him breakfast or tend to his wounds. Though, you draw a line and refuse to engage in his self destructive behaviours alongside him.

The Romantic Interest. Someone who sees something special in Marley. Maybe you think you can fix him, maybe you love him just the way he is. You just want to be there and be part of the journey, if only he'd let you in.

The Dog Catcher. Someone who's sick of Marley always bothering them. Perhaps you're a small business owner and he's rummaging around in your dumpster leaving a mess, or, you're a neighbour and his 3am music sessions are keeping you awake. Whatever the reason, you want the problem muzzled before it gets out of hand.

The Raccoon. Marley seems to know all the good spots in town to get a free meal or cheap items. You happen to know he's also able to make furniture and fix up cars. You want him to like you, and you want to help him, but, only because he has the ability to help you in return if he lets you tag along.

The Concerned Onlooker. Someone who frequents the same bars as Marley. You've seen him fall asleep in there as many times as you've seen him get kicked to the kerb. You don't know him too well, but, you have a casual chat here and there before things get too intense. Maybe you should say something, but, is it really your place?

[darkmaga-returns]

Friday, December 13th, 2024

Bill Bonner, writing today from Baltimore, Maryland

Why is the risk of a major bear market greater than most people think?

Why will Musk and Ramaswamy fail to halt US deficits?

And when will the US be ready for a genuine change of direction?

First, Fortune tells us that the captains of industry are looking for good times ahead:

Fortune 500 CEOs are brimming with confidence following swift and decisive Trump victory

Porter Stansberry warns that ‘The People’ too have lost their fear:

46% of mom-and-pop investors in the U.S. think there’s less than a 10% chance of a market crash over the next six months... the most optimistic outlook since June 2006.

And the New York Post reports on the Palm Beach real estate market:

In the wake of the 2024 presidential election, the Palm Beach “Trump bump” is real, according to brokers. Take this West Palm Beach waterfront penthouse at Forté on Flagler, which just sold for its full $33.5 million ask. The all-cash, off-market deal at 1309 S Flagler Drive closed within six weeks, brokers said.

Rich and poor... on the factory floor as well as in the boardroom... people are ebullient; they believe the Trump victory will take assets to even dizzier heights.

That’s not how it usually works.

The stock market is now so expensive that a sell-off should be expected... and feared. Buying property in Palm Beach? Maybe wait ‘til the ‘Trump Bump’ deflates a little? Bitcoin? Why not wait for the next pullback? Prices go up... and down, right? Nobody knows what will happen, but it is definitely wise to be in Maximum Safety Mode, until we find out.

But wait... with Mr. Trump in office... maybe ‘usually’ no longer applies. Maybe we don’t have to worry... maybe it is a New Era?

[bloodyfangsandfreckles]

PLEASE READ THIS IF YOU HAVE A MOMENT!

It would be greatly appreciated!!

EMERGENCY COMMISSIONS (10)

Hello, my name is Fangs/Elliott

My Mom had a bad fall/severe concussion that resulted in her hospitalization for almost 3 weeks before being discharged home unexpectedly without home care

This resulted in my moving home to take care of my mom for 24 hour care, My best friend/better half/roommate Bear agreed to move with me because we both were worried about her getting hurt/sick without anyone around

Bear (A Personal Support Worker) thankfully has stepped up to the plate to help me with Mom’s basic health, personal hygiene and cooking/laundry, however a new crisis has been uncovered; my mom has delinquency on both her water and property taxes probably due to her health issues

I, myself, am currently on medical health leave from work due to mental illness causing me to struggle in a professional work environment (su*cidal id*alation) and my decrease in income has made paying bills on time to be a struggl

I was unfortunately unaware of how my mom’s health had caused her bills to fall so far behind and with her delinquent in water and taxes, Im terrified of her losing her only home while her health is precarious at best right now

My mom’s phone has been disconnected after a battle with Bell and she was basically fleeced badly by them

My phone is the only active account between 4 people in this house; mom, bear and my brother and myself so it is used a lot and loosing it would be devastating

I’m trying to sell as much of my stuff as possible on kijiji to get some money scrapped together and get everything back on track but it’s not guaranteed until i have cash in hand

I’m currently accepting commissions on ko-fi to try and get some of my mother’s bill arrears paid up and dealt with before the new year as well as my phone partially covered so everything is more under control

We are currently at a rough estimate of $2.5k needed to try and square everyone away a bit

Thank you in advance if you please reblog this even if you don’t or cannot purchase a commission at this time

I just want my mom to be safe with water available and to keep my phone on so if there’s an emergency I can call 911 again

[buzzblend]

Widow loses life savings after ‘firetrap’ developer fails to repay €150k loan

A controversial developer who asked to borrow the life savings of an 81-year-old widow has failed to repay the money after half a decade of broken promises.

In 2017, the widow gave €160,000 in cash to developer Paddy Byrne, who built the Millfield Manor estate in Co. Kildare where six houses burnt to the ground in under 30 minutes in 2015.

The cash was for a penthouse apartment in Dublin she planned to move into.

The development was built by Victoria Homes, a company that was established by Mr Byrne’s sister Joan just before Mr Byrne was precluded from acting as a company director in Ireland for five years.

After viewing plans for the €630,000 property, in a development called Greygates in Mount Merrion, the pensioner withdrew the cash from her bank and gave it to Mr Byrne.

Some €10,000 of this was a deposit, with the remaining €150,000 provided on the advice of a third party who was known to Mr Byrne and the widow, who said the cash would secure a good price.

According to a handwritten receipt, signed by Mr Byrne, the money was provided on May 29, 2017.

But in November 2017 the widow, a retired primary school teacher, found a more suitable home and asked for her money back.

Mr Byrne agreed to this, saying he would have no problem selling the penthouse and promptly refunded the €10,000 deposit.

However, he asked that the remaining €150,000 be treated as a 14-month loan and promised to pay a 10% annual interest rate.

This effectively turned the widow into an unwitting creditor of Victoria Homes.

According to a handwritten agreement, signed by Mr Byrne, the loan was to be ‘paid back from the sales proceeds’ of the penthouse at his Greygates development.

More than half a decade later, the loan remains unpaid – even after the widow made a criminal complaint to gardaí and took legal action to secure a judgement.

As it is a civil matter, the Garda investigation faltered. And because various other unpaid creditors had previously secured judgements against Victoria Homes, the widow is now unlikely to get her savings back. During the Celtic Tiger years, Paddy Byrne was renowned for his €2.4m Sikorsky helicopter and sponsorship of the Irish National Hunt festival.

But in 2011 his then-firm, Barrack Homes, went bust and Mr Byrne declared bankruptcy in Britain with debts of €100m.

He was banned from acting as a UK director for 10 years in 2012.

This ban was scheduled to end in 2022 – and ran the full course – but it only applied in the UK and Wales.

According to the UK insolvency register today, Mr Byrne’s discharge from UK bankruptcy is ‘suspended indefinitely’ until the fulfilment of conditions made in a 2012 court order.

Separately, in Ireland, he was also restricted from acting as a director for a period of five years – which ended in January 2018.

Mr Byrne is also known for building the Millfield Manor estate in Newbridge, Co. Kildare, where half a dozen houses were razed to the ground within 30 minutes in 2015.

A report into the blaze found ‘major and life-threatening serious shortfalls and discrepancies and deviations from the minimum requirements of the national mandatory building regulations’ at Mr Byrne’s development.

Today, having exited bankruptcy, Mr Byrne is best known as the figurehead behind Victoria Homes and associated businesses, which was set up by his sister and her husband in December 2012, while he was bankrupt.

Mr Byrne was not a director or owner of Victoria Homes during the period of his bankruptcy. But, in 2017, Mr Byrne’s sister and her husband stepped back from Victoria Homes, transferring their shares to an offshore entity in Belize city called Victoria Holdings.

In November 2022, the main lenders to Victoria Homes – the Lotus Development Group – forced the firm into receivership for the second time.

In 2020, Lotus had forced a previous short-lived receivership before agreeing a deal that saw Victoria Homes begin trading normally once more.

Today, Mr Byrne appears to have left Victoria Homes behind and seems to be focusing on a new firm instead.

Set up in the summer of 2020, Branach Developments is entirely owned by Mr Byrne and is not encumbered by any bank debt or mortgages as Victoria Homes was.

According to the latest filed accounts, for the year ended 2021, Branach Developments held ‘tangible assets’ of €210,000 and ‘stocks’ of €600,000.

The accounts also show that, in 2021, Mr Byrne provided the company with an interest-free loan of €1,024,438.

Just last week Mr Byrne’s new firm was one of the winners at the National Property Awards sponsored by the Business Post and Deloitte, among others.

At the award ceremony, Branach Developments took home the prize for best sustainability initiative of the year.

However, Mr Byrne, who shuns publicity and is rarely photographed, does not appear to have attended the ceremony and the award was accepted by a colleague.

This week the Irish Mail on Sunday sent queries to Mr Byrne via his mobile phone, his email at Victoria Homes and his email at Branach Developments, without response.

Queries to his solicitor and the separate accountancy firms representing Victoria Homes and Branach Developments also went unanswered as did calls to the numbers on the websites of these firms.

Mr Byrne also previously declined to respond to questions from the MoS relating to the establishment of Victoria Homes during the period of his bankruptcy.

At the time, Mr Byrne appeared to be living at Ballinrahin House, close to Rathangan on the border of Offaly and Kildare.

The home is a luxury build on 26 acres of stud-railed paddocks with six stables and a 1.3km tree-lined avenue behind electric gates.

The property was on sale for €2.8m in 2009, but land registry records confirm that, in November 2014, it was sold to Victoria Homes for a knockdown price of €484,000.

Ownership of Ballinrahin House was transferred offshore to Victoria Holdings in Belize on April 10, 2018, just weeks before Mr Byrne was due to repay the €150,000 back to the widow.