Hive Account as Rent Yielding Real Estate
I can't afford to buy another house to rent it out, but I love to collect rent, what can I do?
Recently I wrote about my 10K HP and how I see it as a rent-yielding property investment.
About a week had passed, and I saw some yields. That piqued my interest to see how it might turn out, and whether my analogy of Hive Account as Rent Yielding Real Estate makes sense.
My HP accumulated at the moment is 10021 HP. By my estimation, I can aim for 100 HP per 4 weeks, given that I should be easily reaching 25 HP in accumulation per week.
12 months x 100 HP would give me 1200.
1200 / 10000 is a 12% yield per year in Hive counts.
Of course this is not entirely passive income as I have to write posts, and curate to get the yield. But hey, I am taking it as effort I need to put in for tending the grass to make my house nice! Even better if I take it that I enjoy the gardening tasks. Working on Hive is no work.
In this case, 12% yield is great. Better than rental yield of a physical property in where I live.
Looking at the chart below, we know we are in a bear market. So there could be capital appreciation, so to speak.
Laying these facts down, do you think my Hive Account as Rent Yielding Real Estate strategy is a reasonable one?
P/S: This is not financial advice, and please do your own due diligence before investing.
If you read this far... and if you are a like-minded Hiver who is on the path to learning more about Hive and crypto investing, and if you like to be tagged when I write such posts, I welcome you to leave a comment below and let me know. We can form an alliance to support each other's growth.
You might be interested in this post, @graciousvic, @deflacion, @jacoalberts, @young-kedar, @svanbo, @poplar-22 and @hankanon!
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