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Ask HN: What was your best passive income in 2020?

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Re: Ask HN: What was your best passive income in 2020?

#22

Post by factorialboy »

enumjorge wrote: post #16
vbtemp wrote: post #5

My best passive income is probably my day job, my investments require a lot more focus and time. Lol, guys, it's a joke.. kinda.

How is a day job passive income?

Depends on the intensity-level one puts in their 9 to 5.

Re: Ask HN: What was your best passive income in 2020?

#23

Post by dygd »

enumjorge wrote: post #16
vbtemp wrote: post #5

My best passive income is probably my day job, my investments require a lot more focus and time. Lol, guys, it's a joke.. kinda.

How is a day job passive income?

I think that it allows him to invest into passive index funds (no active trading) which hopefully appreciate over time.

Re: Ask HN: What was your best passive income in 2020?

#24

Post by antb123 »

fny wrote: post #4
bwh2 wrote: post #2

Low cost index funds provided a 16% return in 2020 and require nearly zero effort.

This is not passive income. This is asset appreciation. Dividends or rent collection qualify as passive income.

unfortunately everything that is above 2% interest in our zero yield environment takes some risk. However I agree.

Best for me is EU crowd funding sites for real estate. Typical yield is 12-20%. So called "Hard money". Banks in europe don't touch this after the 80s blow ups.

Nexo - popular in the crypto world takes the funds and puts them there (but keeps 2-3%) as well as payday loans for eastern europeans.

Re: Ask HN: What was your best passive income in 2020?

#25

Post by sithlord »

enumjorge wrote: post #16
vbtemp wrote: post #5

My best passive income is probably my day job, my investments require a lot more focus and time. Lol, guys, it's a joke.. kinda.

How is a day job passive income?

I think they are really saying that because of their dayjob, they can invest - and then that generates passive income

Re: Ask HN: What was your best passive income in 2020?

#26

Post by boardwaalk »

fny wrote: post #4
bwh2 wrote: post #2

Low cost index funds provided a 16% return in 2020 and require nearly zero effort.

This is not passive income. This is asset appreciation. Dividends or rent collection qualify as passive income.

Can you explain why you differentiate the two (price changes vs dividends)? AFAIU it’s really just that you have to instruct one to be sold to realize it and the other just shows up in your account, but the overall returns, tax implications, and such are basically the same.

Re: Ask HN: What was your best passive income in 2020?

#27

Post by sethd »

RivieraKid wrote: post #19
fny wrote: post #4

Earlier quoted context omitted.

This is not passive income. This is asset appreciation. Dividends or rent collection qualify as passive income.

It's effectively the same.

It's only income if you sell, at which point it's no longer passive, right? Otherwise it's unrealized gains and not income.

Re: Ask HN: What was your best passive income in 2020?

#28

Post by CountDrewku »

enumjorge wrote: post #16
vbtemp wrote: post #5

My best passive income is probably my day job, my investments require a lot more focus and time. Lol, guys, it's a joke.. kinda.

How is a day job passive income?

Maybe he outsourced his job to foreign workers and watches cat videos all day like this dude-

https://www.bbc.com/news/technology-21043693

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