Ask HN: Passive Income Suggestions?

Tragic life events that need you to liquidate your savings are very rare. Personally I used charge cards (they had a zero balance) while I waited for the market to come back (2 months) and then I pulled out as little as possible. When the market was much better I paid off Charge Cards.

Did you hear about Amazon FBA?

You can source a product from a Chinese manufacturer and sell it on Amazon: 1.) find a niche that you find interesting before you source 2.) you bulk buy this product and ship it directly to Amazon warehouse 3.) make attractive Amazon listing and put much effort into your launch so that you can get your product ranked 4.) with a successful launch and a quality product you can get to the first page of Amazon 5.) just sit back and refill orders

It has some cons as well, but it is definitely viable way how to create passive income. The cons are following: - the fees for Amazon FBA including monthly seller fee, shipping to warehouse, warehouse storage each month, long term warehouse storage, shipping to customer, Amazon referral fee - you are dependent on one platform - you are not building your own brand (but you can start it afterwards if you see FBA is working for you)

> one lousy blog post

I keep hearing that guy's voice - the one with the animated fake hand-written white boards that seems to sell everything online from stock tips to home business deals to manly man ways to be a man - when I read phrases like this. It immediately means "prepare to be sucked in."

"I got rich by writing one simple advertisement. AND SO CAN YOU!" followed by three hours of blah blah blah (no content) until you either give up, or pay up out of desperation to finally get that so-called "tip".

And if it took 15 years to make that thou, I'd pass.