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Ask HN: What is your money-making side project outside programming?

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Re: Ask HN: What is your money-making side project outside programming?

#191

Post by zzzmarcus »

grecy wrote: post #94

I've written a couple of books that sell on Amazon and Apple iBooks - it takes zero minutes per month work for me, but brings a nice little side income. I won't get rich, but it's nice to have the money come in for doing nothing after I hit the "publish" button. Even the printed books cost nothing. I'm about to hit publish on a photo coffee-table book from my three years around Africa, and I'll write an Africa guide…

Awesome. I've been following your Instagram and, to a lesser extent, blog since you started your recent trip around Africa. Such an awesome adventure

Re: Ask HN: What is your money-making side project outside programming?

#193

Post by zzzmarcus »

kaisuketrax wrote: post #177

I do stand up comedy, get a couple gigs per month (~1500$), sometimes I get more sometimes less. Every sunday I shut myself off to write, and perform on weekdays, been doing this for 7 years now and it only started to pay for about 2 years.

That's great! Seems like a VERY hard job to break into--lots of discipline, learning from painful failure, and hard work. Do you have any of your comedy on Youtube?

Re: Ask HN: What is your money-making side project outside programming?

#194

Post by lugg »

starik36 wrote: post #181
denormalfloat wrote: post #72

Invest in an S&P 500 ETF. This is probably the lowest effort side project you can have which still makes money. Also, if you learn about the stock market, it makes you more confident in how your savings looks, how your retirement will look, how to manage money, etc.

Do you mean like Vanguard? How do learn about the stock market, so the S&P 500 is a invest it and forget it kind of tool?

https://reddit.com/r/financialindependence

Re: Ask HN: What is your money-making side project outside programming?

#195

Post by travbrack »

MrFoof wrote: post #84

I buy cars, repair them and recondition them to my level of satisfaction, and send them back out the door, typically targeting 55-65 year olds. I focus mostly on entry level luxury crossovers around 7 to 10 years old, though starting to also do hybrids since there’s more profit in it since everyone is seemingly allergic to batteries and pack replacement/rebuilds. Parts are cheap, I listen to music or a podcast, I do…

Do you live in the US? In my state (wa) you need to be licensed as a dealership to do this legally and I hear this is the case in all the other states too.

Re: Ask HN: What is your money-making side project outside programming?

#196

Post by bardworx »

xiphias2 wrote: post #176
bardworx wrote: post #136

Earlier quoted context omitted.

Are there any other books/yt channels you recommend on long term investment? And would you allow me to ask some follow up questions? Thanks.

Sure, no problem. As you can see I didn't dig deep in other instruments, though there are a lot of interesting things (selling puts for banks, corporate bonds, buying VIX), but they require due diligence as well, you just need to dig deep and read everything that you can find about them. This is the video series I was writing about: http://www.youtube.com/playlist?list=PLE88E9ICdipidHkTehs1Vb... Mike Maloney most imp…

Thank you, really appreciate it.

Re: Ask HN: What is your money-making side project outside programming?

#197

Post by rb2k_ »

starik36 wrote: post #181
denormalfloat wrote: post #72

Invest in an S&P 500 ETF. This is probably the lowest effort side project you can have which still makes money. Also, if you learn about the stock market, it makes you more confident in how your savings looks, how your retirement will look, how to manage money, etc.

Do you mean like Vanguard? How do learn about the stock market, so the S&P 500 is a invest it and forget it kind of tool?

Read https://jlcollinsnh.com/stock-series/

Re: Ask HN: What is your money-making side project outside programming?

#198

Post by netman21 »

denormalfloat wrote: post #72

Invest in an S&P 500 ETF. This is probably the lowest effort side project you can have which still makes money. Also, if you learn about the stock market, it makes you more confident in how your savings looks, how your retirement will look, how to manage money, etc.

I am put off by ETF performance thanks to my results last year. I had a SEP IRA for my business with $1,000 in it and a traditional IRA with $6,000. I bought a pharmaceutical ETF with the SEP IRA. After a year it lost about 5%. Meanwhile the trad IRA grew to $10,500 investing in companies I know.

Re: Ask HN: What is your money-making side project outside programming?

#199

Post by travbrack »

pmorici wrote: post #173
0x00000000 wrote: post #146

Earlier quoted context omitted.

Isn't that illegal everywhere in the US without a dealer license?

No, there is no law anywhere in the US prohibiting you from selling a used car in a private transaction.

It's illegal in my state to sell a car for the purpose of making a profit as an individual without a dealer license, and there's a limit of 4 per year.

https://dor.wa.gov/get-form-or-publication/publications-subj...

Re: Ask HN: What is your money-making side project outside programming?

#200

Post by z92 »

paulgb wrote: post #78

Betting on politics on PredictIt. I wouldn’t recommend it as an income stream, but having an interest in probability, markets, and international politics, it has taught me to read the news more objectively.

So on average how much do you earn for say every $100 in bet?
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