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Ask HN: What was your best passive income in 2016?

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Re: Ask HN: What was your best passive income in 2016?

#163
post #70

Earlier quoted context omitted.

Vincent Dignan, one of the worst twitter spammer I've ever blocked (more than once since he likes/liked to ignore complaints, open a new account and do it again...to the same people!). If spamming all of twitter in alphabetical order is an example of the growth hacks.... I see the account he used to do most of the spamming has been suspended by Twitter now https://twitter.com/vdignan

Would you not spam Twitter if you were in debt and could make 11k/mo? I agree it's lame but gotta pay the bills :)

There are alternatives to wasting thousands of people's time, such as getting a salaried job doing something that's a net positive for society.

Re: Ask HN: What was your best passive income in 2016?

#164
post #80
post #61

Helpmanual.io is my first attempt at passive income. Launched 6 weeks ago and traffic is building nicely. There's still a fair bit to do but the delight of sites like this is you can make improvements when you want. Shame that ad income is less than it used to be but we'll see how it gets on. https://helpmanual.io

It seems to be a searchable man page index. What does it offer that google+terminal don't offer?

Man pages in the terminal are pretty annoying as you can't (easily) search them.

By "Google" I presume you mean online indexes of man pages E.g. This site.

The other man pages sites are ugly, old and incomplete, despite that done of them rank pretty high on Alexa. I built this site to end up smarter, more modern, easier to use and more complete. Still a work in progress atm.

Re: Ask HN: What was your best passive income in 2016?

#166

Earlier quoted context omitted.

> Do I have any rational expectations to beat inflation by having well diversified index funds? You should get inflation + some economic growth + risk premium for holding equity.

How confident can I be of this? Why are banks struggling to get even 2% return on their investment if I can just go on and get 7% on average?

>if I can just go on and get 7% on average?

I didn't mention any numbers. If economic growth is low, and inflation is non-existent, you will not approach 7%.

>Why are banks struggling to get even 2% return on their investment

Where do you get that information?

Re: Ask HN: What was your best passive income in 2016?

#168
post #145
post #118

Earlier quoted context omitted.

12% sounds great but that's about how much the BRL has decreased against the dollar over the last five years. Just holding USD cash would have gotten you about the same returns. https://www.bloomberg.com/quote/USDBRL:CUR

In my experience, holding actual physical USD cash is a bad investment; older bills are worth less (exchanges will give you something like 10%-30% less for older bills, if they are accepted at all), so the longer you hold it, the less it's worth. On the other hand, there are funds which track the USD; see for instance http://www.bb.com.br/docs/pub/siteEsp/dtvm/dwn/inf04128893.p... . That fund had a return of 150% in…

Older bills are worth face value in the US, why does anyone take a 30% discount on them?

Re: Ask HN: What was your best passive income in 2016?

#169
post #142

Earlier quoted context omitted.

Humanity has had numbers for some 200,000 years. any hacker can, in the next ten minutes, cause their CPU to do more arithmetic than the arithmetic (explicitly adding 2+5, and so forth, multiplying two numbers in their heads) that every single person has done in the history of humanity. okay, but that's just numbers. Today we live in a connected world where 2,000,000,000 people can be reached in any eight-hour period…

Some of us bring in value by developing existing software packages which amplify the work effort of some critical sector or another. The renumeration for this work is in the form of regular pay. A portion of which should probably be invested smartly. As software systems grow they turn into complex systems. They become embedded in the processes of the end users, while requiring constant boring work to remain alive. I…

>But claiming "everybody should find such a niche and become entrepreneurs" is quite bit too much.

This is how you end up at conferences where everyone you talk to is the CEO, but nobody is actually making any money (or, in large part, actually doing any business).

I also love entrepreneurship, but it is not, nor should it be, for everyone.

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