Investment Options for Your Income Snowball
When building a Tardus Income Snowball (what Networthy calls cashflow stacking), one wonders what fast burning fuel options and slow-burning fuel options to consider.
The Tardus Official facebook group had a wealth of options on this prior to it being deleted without notice. It also had good feedback on which places didnt work so well for members and why. sigh.
So let’s work through some investment options that I am either involved in or would consider being involved in.
Groundfloor
I chucked 100 bucks into Ground floor, and I already love it. You get realtime feedback on profit distributions and you can expect 10% per year. No heavy lifting. Just set-it-and-forget-it investing.
Robin Hood
Robin Hood offers high-yield savings account that return 4% per year .
Paperstac
Paperstac has a wealth of investment options offering nice double-digit returns. And if the person defaults on the note, then you can seize the property. Just make sure you buy notes in non-judicial foreclosure states, so the foreclosure is automatic. In a judicial case you have to go to court and it might take time.
Other Mortgage Note Companies
- I’m going to a meetup here in South Florida to learn about CEO fund, which also provides monthly passive income from mortgage notes. Even though the page says for accredited investors, the meetup says non-accredited are welcome as well.
Pionex
Pionex is a crypto exchange with numerous automated trading bots. Just look at the returns of some of these bots:
