Any good side hustles or businesses for us old folks? I don’t do real estate but dabble in safe options trading.

I also have passed the CPA exams but never used it. I know a ton about personal finance, wealth building etc but wouldn’t have a clue how to get clients.

I work remotely in tech with almost zero travel.

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What’s the likelihood these small businesses can do better than plowing money into an index fund?

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It all depends on your level of risk and the $$ pile you have, plus if you are like me and want to gets your hands dirty or sit back and collect. In my hustles I always go with what I am passionate about, and something that I enjoy doing no matter if I am burning midnight oil 2 days a week.

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That’s awesome.

People sell them as they retire still in demand if you want a simple side hustle cash business

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Or you can look into franchises like a UPS store. Just depends how involved you want to be

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Buy a laundromat

helpful

Seems like you have more reasons not to have one

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I will try to do bookkeeping and financial planning on the side. Taxes are another beast.

Buying a business is probably 2-3 years out.

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I am in the US unfortunately…

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Buy a car wash

The two most popular boring side businesses. Given the amount of attention these two prospective businesses get, shouldn’t they be saturated?

You didn’t say you wanted exciting. Buy a book store.

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OF is profitable and flexible

I’m curious OP - ‘safe options trading’. Can you provide more info?

Do you options trading or are you being sarcastic? Sincere question.

Same, sincere question. I dabble too, just curious of your definition of safe….

Oh ok. I am new (4 years in). I do the wheel which is as safe as owning stock in my opinion. But, I try to manage risk well but by no means is it a long term strategy unless I really figure it out.

If the expectation is that the general market only rises, doing the wheel on ETFs might be a good long term plan. Again, I don’t know…

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