In Mexico last week an Uber was twice the cost of using inDriver. Our driver reported Uber taking 50% of the fare which is why so many users and drivers had switched to inDriver.
Buying real estate for short-term or long-term rentals is buying yourself a second job.
If you want something more passive, consider investing in several different real estate syndications. You can find them on CrowdStreet or FundRise although I believe you will get into better deals if you join a local investor group and learn from the experienced members. If there isn't a group near you, I'm enjoying participating in www.506investorgroup.com
This style is probably only practical if you already have a net worth of at least $1m. The best book I've found is Investing in Real Estate Private Equity by Sean Cook.
I think it is reasonable to expect a diversified portfolio of real estate syndications to return 10-15% annually although it will be bumpy and your money will be locked up for years.
The March 19th calls are at 500% volatility. I couldn't help it, I sold a few contracts of the 200 strike. The trading activity was wacky, every time I joined the option offer I got lifted within a minute.
I do not encourage anyone else to do the same. My risk tolerances are different from yours.
We are all experienced Java programmers who don't know web programming. (we are an HFT shop finally getting around to expanding the primitive GUI that controls the trading machines; we have been using Excel for 10 years).
All the clients are running in our Colorado office and we can upgrade them at will.
I think JMS or similar would probably work very well but we don't know messaging so we are having trouble knowing how best to use it.
A strategy that goes long or short QM doesn't have an asymetrical return profile. I.e., it isn't "picking up pennies". An example of that is selling options.
> But as you age you'd want to shift into less-risky assets
Not if you are wealthy. If your money might not last you have to shift to conservative assets. But if you have 10x what you need for the rest of your life you can keep investing aggressively.
An app and supported web-service to report polluting vehicles. Camera access to take a picture, then license plate recognition and automated reporting to the correct government agency.