21–30 of 106 posts
Earlier quoted context omitted.
As a related one, considering Twisted Road (sharing site for my motorcycle).
I was just wondering about something like this. how does insurance work?
Earlier quoted context omitted.
As a related one, considering Twisted Road (sharing site for my motorcycle).
I was just wondering about something like this. how does insurance work?
Are Amazon FBA or drop shipping still passive? Both of those still require significant time dealing with exceptions.
Selling on Amazon or eBay is surprisingly streamlined. Exceptions occur, but they're pretty easy to take care of if you budget them into your margins and don't try to jerk buyers around.
I sold a few hundred dollars a week on eBay and a "problem order" comes up once a week at most. Usually, it's just a full refund or a new shipment.
Nobody is gonna just dump their secrets into something like this :D But.. in case people don't mind. How feasible is it to make passive income by having a blog? I mean by having advertisements or amazon click-thru links.. is it worth the time to set up and use a blog to generate passive income?
I'd say the amount of time you'd need to spend monetizing & driving traffic wouldn't really make it passive.
Low cost S&P 500 Index fund. Very passive :)
And very capital-intensive. Most people would benefit more from passive but labour-intensive ideas.
Earlier quoted context omitted.
Last time I read about passive income here on HN it was mostly non-passive side hustles being shown. Or stuff like ad revenue from apps or sales of books. Maybe passive now, but probably took quite some effort getting to there. It may be passive if the long tail is much bigger than the initial investment, but for most people I guess it's not.
By that definition, no income is passive, because everything takes some effort to set up.
Low cost S&P 500 Index fund. Very passive :)
Almost the same thing... the ETF with the ticker SPY. When I researched this years ago, I concluded the costs were less expensive than any S&P 500 mutual find I could find. Not sure if that's still true or not.
Can someone explain how they are using Amazon FBA? I generate some passive income from (by spending 1-2 hours a week): - stock & cryptocurrency picking - Calls with industry research firms - Earn.com
I have a large sum of money coming in later this year, and I'm thinking about investing it. Passive investment with an index fund is generally a good long-term strategy, though I strongly suspect we're in for a recession in the near future. I'd hate to lose 20-40% of my investment within a few months of putting it into the market.
On the other hand, the amount of money I'll have on hand will be enough to do some things that most people can't. For instance, I'd have enough money to execute an option without trading on the margin on fairly large stocks, as opposed to selling the options contract, which seems to be the more common strategy. If I understand this correctly, that should enable me to be able to make small but reliable returns with relatively little risk.
Hopefully I didn't mangle the terminology too badly. I'm researching all of this stuff somewhat frantically, and I'm new to it. I'll have to spend a couple months doing paper trades before I'm comfortable with putting real money into options.