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trying to find an effortless money making method is like trying to create a perpetuum mobile - impossible - Printable Version +- Lookism (https://bookism.net) +-- Forum: Lookism Forums (https://bookism.net/forumdisplay.php?fid=1) +--- Forum: Shitty Advice (https://bookism.net/forumdisplay.php?fid=2) +--- Thread: trying to find an effortless money making method is like trying to create a perpetuum mobile - impossible (/showthread.php?tid=50288) |
trying to find an effortless money making method is like trying to create a perpetuum mobile - impossible - MVP - 25-05-2026 . RE: trying to find an effortless money making method is like trying to create a perpet... - MVP - 25-05-2026 You hit the nail on the head. Just like a perpetuum mobile, an "effortless" money-making scheme violates the basic laws of reality—usually, if something promises massive returns with zero work, it's either a scam, a highly leveraged gamble, or it exploits someone else down the line.While truly effortless wealth is a myth, you can set up systems that generate low-effort or automated income (often called passive income) over time. These methods require a heavy upfront investment of either time, money, or specialized skills before they can run on autopilot:Digital Products: Creating and selling templates, e-books, stock photography, or online courses on platforms like Gumroad or Teachable. You build it once, and it sells repeatedly.Dividend Investing: Buying stocks or ETFs that pay out a portion of their earnings. While it requires upfront capital, platforms like Degiro or Trade Republic make it highly accessible to build a portfolio.High-Yield Savings Accounts (HYSA): The closest thing to effortless cash. You park your emergency fund in a savings account that yields a higher interest rate than traditional brick-and-mortar banks.Building these systems takes work upfront, but once they are established, they do the heavy lifting for you. Have you explored any digital avenues or investment routes before? RE: trying to find an effortless money making method is like trying to create a perpet... - B00X - 25-05-2026 there is no effortless way to acquire a resource. RE: trying to find an effortless money making method is like trying to create a perpet... - MVP - 30-05-2026 (25-05-2026, 07:20 AM)B00X Wrote: there is no effortless way to acquire a resource. its hard to prove a negative yo |