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Ask HN: What was your best passive income in 2020?

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Re: Ask HN: What was your best passive income in 2020?

#11
post #5

I have a cookie delivery company[1] that I started with my sister. It’s doing well but I personally only take out $50k/yr. completely supplemental to my main job. [1]: https://www.indiehackers.com/podcast/166-sam-eaton-of-crave-...

This is incredible. Bravo.

What are the future plans for the local business and the software?

Re: Ask HN: What was your best passive income in 2020?

#12
To me, passive means little or no ongoing time investment. If we are looking at "best" in terms of revenue, then dividends from investing in the stock market are by far the best source of passive income I can imagine.

I've got a 1.5x leveraged portfolio over on IBKR that is currently yielding ~2.9% dividends across a wide range of sectors. I am paying ~1% in margin fees at the moment, so I basically get to use their money for "free" on the growth side (of which there is plenty right now). It is turning into quite the comfortable safety blanket.

I almost feel like this is not in the spirit of the topic posed here because of how mundane and uninteresting stock investments are, relatively speaking. I am far more interested in reading through all of the tales of crazy side projects that have turned into something more.

Re: Ask HN: What was your best passive income in 2020?

#14
post #12

To me, passive means little or no ongoing time investment. If we are looking at "best" in terms of revenue, then dividends from investing in the stock market are by far the best source of passive income I can imagine. I've got a 1.5x leveraged portfolio over on IBKR that is currently yielding ~2.9% dividends across a wide range of sectors. I am paying ~1% in margin fees at the moment, so I basically get to use their…

How did you earn the money to invest?

Re: Ask HN: What was your best passive income in 2020?

#16
post #10

https://isitketo.org It's just a content site about the keto diet. It runs in the background and earns money from Google AdSense and Amazon Affiliate links, the latter of which are dwindling because I haven't had time to fix dead product links. It's a plain static site, so it doesn't need any server maintenance or software upgrades. Not totally passive because I actively tried to grow it for three months when I had t…

Are you interested in selling your Keto site?

Re: Ask HN: What was your best passive income in 2020?

#17
post #3

I invested in 4 industrial real estate projects over the last 1 year. They currently net me ~2500 a month. Total investment: ~250K Property values: 3-10M I don't own these properties myself. I own a part. This is similar to Fundrise, except it's with a local investment group.

Great cash on cash return.

Re: Ask HN: What was your best passive income in 2020?

#18
post #10

https://isitketo.org It's just a content site about the keto diet. It runs in the background and earns money from Google AdSense and Amazon Affiliate links, the latter of which are dwindling because I haven't had time to fix dead product links. It's a plain static site, so it doesn't need any server maintenance or software upgrades. Not totally passive because I actively tried to grow it for three months when I had t…

Why does Covid drop traffic for a content site about keto?
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