Earlier quoted context omitted.
they want the traffic and recurring revenue, they don't care about the site
How'd that work out for fox when they bought myspace?
comparing multimillion dollar sites with niche sites is pointless
Ask HN: What was your best passive income in 2020?
131–140 of 178 posts
Re: Ask HN: What was your best passive income in 2020?
#132me and my partner own several "niche sites". over 100k income in 2020. monetized with Mediavine and Amazon affiliate, but we're moving in the direction of pure ads slowly - Amazon is getting worse every year. these are pretty much passive(in my case), my assistant handles all the content outsourcing, and I just check the analytics and make decisions once in a while.
I also sell premade specialized turnkey niche sites to people in the industry on places like /r/entrepreneur, /r/juststart, and my own site and this made me around 140k this year.
i also do some consulting and work with automation, but that's not really passive at all. i specialize in python and selenium.
I quit my 9-5 several years ago and retired to a very low cost of living area.
Re: Ask HN: What was your best passive income in 2020?
#133String of free sudoku sites ad supported have been earning $1000+/month steadily since 2005: https://www.samurai-sudoku.com https://www.fiendishsudoku.com https://www.sudokuhints.com https://www.extremesudoku.info https://www.easysudoku.org https://www.sudukopuzzles.org https://www.sudokuprintables.org
Where does that $1000+/month come from?
Re: Ask HN: What was your best passive income in 2020?
#134A few years ago I started a niche healthcare case management SaaS. While I sometimes add new features, upgrade software, or fix bugs, it mostly runs itself. There's currently a handful of clients each paying ~$8k annually.
Do you have (or need) certifications such as HIPAA?
Fortunately no specific certifications are required. So it was mostly writing policies and ensuring best practices that met HIPAA controls in the beginning.
Re: Ask HN: What was your best passive income in 2020?
#135I started a niche YouTube channel on Python for Stock and Crypto Trading, very beginner level: https://youtube.com/parttimelarry Over $2K/month as of November from a combination of YouTube ad revenue, Buy Me a Coffee donations, and affiliate links (TradingView Pro Subscriptions, Tradier, Amazon books etc). Should hit 10,000 subscribers in the next couple of weeks. Plan is to grow this to 100,000 subscribers over the…
Just my 2¢: For better results, change the channel name to something relevant to what you are doing and start adding relevant (to the video) information in the video descriptions.
Re: Ask HN: What was your best passive income in 2020?
#136Earlier quoted context omitted.
The market is on an uptrend, so I go for OTM calls maybe about no more than 10% above the current price. If I get assigned then I just buy back my position anyway, a little loss of profit, but most of the time these calls are expiring worthless and I keep the premiums. Could probably make more money getting calls closer to the money, but I don't want the hassle really. It's amazing that people will consistently pay m…
You could get even more passive by just investing in a buy-write index ETF. e.g. PBP or QYLD.
No thanks, I will keep stocks myself and write my own calls while flipping a bird at those indexes. Why would I want to miss out on the gains for the underlying?
Re: Ask HN: What was your best passive income in 2020?
#137Earlier quoted context omitted.
Mind sharing your strategy? Very OTM calls? What type of stocks?
The market is on an uptrend, so I go for OTM calls maybe about no more than 10% above the current price. If I get assigned then I just buy back my position anyway, a little loss of profit, but most of the time these calls are expiring worthless and I keep the premiums. Could probably make more money getting calls closer to the money, but I don't want the hassle really. It's amazing that people will consistently pay m…
Do you look for high IV or low IV contracts?
Re: Ask HN: What was your best passive income in 2020?
#138Earlier quoted context omitted.
If you had any amount of money to buy stocks in March you will have made a killing. To what extent is this sustainable?
Given this is a very strange year, extending into the markets, it is a very legit question to ask about sustainability. As I think about converting to full time trading in 2021, I ask myself this same question. Let me clarify my situation first. I didn't have a bunch of cash to buy stocks in March. I worked at Google for 4 years and had all my cash sitting in GOOG stock via RSU vests. I didn't hold any other position…
Thanks for sharing that. Please don't get me wrong by the way, I do wish you luck and success in your new endeavor. I posed my question above, because a lot of people lose their hats by making some gains buying low during market crashes and then thinking they've got this thing figured out.
Re: Ask HN: What was your best passive income in 2020?
#139Earlier quoted context omitted.
Do you have (or need) certifications such as HIPAA?
Fortunately no specific certifications are required. So it was mostly writing policies and ensuring best practices that met HIPAA controls in the beginning.
Thanks. I own https://juvmed.com/ let me know if you'd like to partner.