If you aren't doing it yet: translate and localize your apps, then sell them in other countries' App Stores.
Ask HN: I made $24k over the last month. Now what?
101–110 of 207 posts
Re: Ask HN: I made $24k over the last month. Now what?
#102Donate 0.01 of your money to Wikileaks, like I did. Your 0.01 will make more difference than mine did.
Re: Ask HN: I made $24k over the last month. Now what?
#103"What I know how to do best is the app store" Set yourself up as an _angel investor for iPhone apps_. Like a mini-mini-mini YCombinator. Based on your experience, you should be very good at evaluating an individual's chances of creating a successful app. Solicit pitches (HN would be a great source) and make 5 small investments of $5k each. If you make another $25k next month, do another 5 investments. Rinse and repea…
Actually, there is one thing I can do perfectly now: I can listen to an app idea and tell you how much money it will make. If I knew developer who needed 5k to make apps, I'd def invest in them. I don't know any however, the ones I know don't need 5k.
Re: Ask HN: I made $24k over the last month. Now what?
#104Rather than advice, I have questions....namely, is there a list of your published apps somewhere? I'd like to understand the types of simple applications you're developing. Thanks!
I am also interested in knowing this, if you are willing to share.
That question is best answered per email.
Re: Ask HN: I made $24k over the last month. Now what?
#105What is the software you used for the graph? Thx.
AppViz.
Re: Ask HN: I made $24k over the last month. Now what?
#1061. Taxes 2. Retirement savings. Max out your IRA, Roth, etc to take advantage of your (I'm assuming) youth and the magic of compound returns.
Just turned 29. Want to start retirement stuff at 30.
Re: Ask HN: I made $24k over the last month. Now what?
#107Property can be a short-term investment too. Buy something that needs work, do it up, sell it on. It's fun, creative and rewarding too, although not without risk either.
They require a lot of time I would think.
Re: Ask HN: I made $24k over the last month. Now what?
#108Whatever you do, remember about this rule: Capitalism separates fool from his money. Aka: invest only in things you understand (Warren Buffet's motto).
Re: Ask HN: I made $24k over the last month. Now what?
#109Pay your taxes. After that, it wont seem like all that much money.
Invest the money into the business before paying the taxes. It'll seem a little more ;)
Re: Ask HN: I made $24k over the last month. Now what?
#110I want to somehow use the money to make more money quickly (within a 2 year time span).
As others have pointed out the best asset you have is your ability to crank out mobile apps that people are willing to pay for. Not to burst your bubble, but even $24k a month is nowhere near enough for you to kick back and watch the returns flow in. The investment opportunity you seek--short term, high return, low risk--simply does not exist. If anyone attempts to convince you otherwise, reach for your wallet, because you are being had.