Index funds throw about $50k/y in dividends. It’s a small comfort knowing that if (or when) I burn out from my job I’ll have enough passive income to survive in a non-high cost of living area.
Ask HN: Do you have a second income?
21–30 of 33 posts
Re: Ask HN: Do you have a second income?
#22I consult for blockchain / cryptocurrency firms as well as traditional firms that want to add services for this industry, such as auditors and tax professionals. The additional side income has been glorious, and has allowed me to buy a lot of toys without my wife strangling me.
Yeah alot of people don’t realize that even chat room moderation for crypto firms is super lucrative People are too busy asking why instead of how
I'm a moderator of a popular crypto subreddit. Is there someplace that I apply, or do they reach out only if they're interested in me?
Re: Ask HN: Do you have a second income?
#23Pre-covid I was a fire-fighter paramedic with a 24 hours on /48 hours off schedule making almost $60K. On the 2 days off and a few hours here and there on shift I worked as a remote programmer for a company which got me between $20 - $30K extra a year. I did that for 2 1/2 years.
In June of this year I left the fire department for a full time remote programming job. I could have kept the part time job but decided to finally just work a single job.
Re: Ask HN: Do you have a second income?
#24Earlier quoted context omitted.
Didn’t expect to post a follow up, so literally threw away the password. Instead of answering your questions directly, I’ll speak broadly about this as I think it’s more useful. - You need to start off with a job. A decent paying job. This sets the tone, if you will, for anything else you do. If your job isn’t paying you well, learn the skills you need to get a better paying job and apply to those places. Ideally you…
What amount is a good paying job nowadays?
Whatever covers your living expenses after taxes and saving at least 20% for retirement.
Re: Ask HN: Do you have a second income?
#25I do web/mobile development for marketing agencies who don't have the budget/workload for a full-time developer. I'm typically handed a set of Adobe Illustrator files and it's my job to use those to build working websites/apps. My first project was for $800 in early 2013. The last three years have brought in an average of ~$55K per year. I have several subcontractors who can help out when the workload gets too much,…
if you don’t mind, what’s pricing like on the maintenance plans?
For my more popular plan I charge the agency $2,800/year and they markup to $3,500. I offer another plan that includes only WP updates (no enhancement requests) for $1,000/year.
Re: Ask HN: Do you have a second income?
#26[deleted]
Re: Ask HN: Do you have a second income?
#27I do freelance writing. It is good for a couple thousand a year.
If you don’t mind, what sort of writing? How did you get into this?
Tech writing. The plurality of it is for Stack Overflow's blog actually. You just write a pitch and send it.
https://stackoverflow.blog/2020/01/27/blog-contributor-guide...
Re: Ask HN: Do you have a second income?
#28Earlier quoted context omitted.
Yeah alot of people don’t realize that even chat room moderation for crypto firms is super lucrative People are too busy asking why instead of how
I'm a moderator of a popular crypto subreddit. Is there someplace that I apply, or do they reach out only if they're interested in me?
Every project that gets featured on your subreddit has needs of a community manager on their telegram and discord and will pay.
Your identity will get associated with failed projects, just make a new one as you’ll get paid in crypto. Companies just want baby sitters, not clout.
Re: Ask HN: Do you have a second income?
#29Re: Ask HN: Do you have a second income?
#30We rent a corner of our lot to T-Mobile for a cell phone tower - it pays about $1200 a month. So far it seems like a great deal to us - the maintenance people are super stealthy and never bother us, and the previous homeowner built a very nice-looking fence around the equipment that matches the house and makes it easy to just not notice that anything is there. The tower itself is on a telephone/power pole for lines t…
FWIW, I used to process contracts for such leases in 2010 and that’s a pretty low payment. Typically these things paid $2-4k/month (not inflation adjusted). That said, these were all in suburban or urban areas, and if it’s easy enough to move it to your neighbor’s pole you might not have much negotiating power, but you might be able to get more from them if the lease expires while you still own the house.