Ask HN: What is your passive income 2019? • Hacker News Board

Re: Ask HN: What is your passive income 2019?

#221

Post by deanmoriarty » Wed, Oct 30, 2019, 2:14 AM UTC

bosephjangles wrote: post #217

deanmoriarty wrote: post #190

A diversified portfolio of index funds. This year return so far is ~15% (which in absolute amounts is more than my after-tax salary, even after accounting for long term capital gains), and my annualized return since when I started investing (~a decade ago) is ~10%.

Which index funds do you like? I've been going back and forth between considering one or more index funds or just getting a target date fund and leaving it alone altogether.

I basically replicate a target date fund manually, using the standard Vanguard funds like VTI, VXUS, BND, ...

That way, I can tune allocations if needed and I can take advantage of tax loss harvesting opportunities, so I get some extra benefits.

Re: Ask HN: What is your passive income 2019?

#222

Post by deanmoriarty » Wed, Oct 30, 2019, 2:17 AM UTC

ScottFree wrote: post #220

deanmoriarty wrote: post #190

A diversified portfolio of index funds. This year return so far is ~15% (which in absolute amounts is more than my after-tax salary, even after accounting for long term capital gains), and my annualized return since when I started investing (~a decade ago) is ~10%.

Any thoughts on Michael Burry's index fund bubble?

I basically plan on not ever selling for decades, so the volatility/liquidity issues that Burry was talking about that would happen if everyone tries to selloff at the same time don’t worry me too much: as long as I don’t sell, I believe things will recover just fine after a few months/years. I have enough invested in fixed income to being able to weather a very significant storm, including me losing my job for several years.

If things don’t recover after that, then I think I will have much bigger problems than my investment portfolio.

Re: Ask HN: What is your passive income 2019?

#223

Post by ScottFree » Wed, Oct 30, 2019, 2:23 AM UTC

deanmoriarty wrote: post #222

ScottFree wrote: post #220

Earlier quoted context omitted.

Any thoughts on Michael Burry's index fund bubble?

I basically plan on not ever selling for decades, so the volatility/liquidity issues that Burry was talking about that would happen if everyone tries to selloff at the same time don’t worry me too much: as long as I don’t sell, I believe things will recover just fine after a few months/years. I have enough invested in fixed income to being able to weather a very significant storm, including me losing my job for sever…

This is the best answer to that question I've seen yet. Thanks!

Re: Ask HN: What is your passive income 2019?

#224

Post by zzleeper » Wed, Oct 30, 2019, 2:33 AM UTC

jawns wrote: post #207

edanm wrote: post #175

Earlier quoted context omitted.

Oh awesome, I really enjoyed your book! Now I'm wondering if I first heard about it on HN, or through some other means. If you don't mind answering - what made you decide to write this book in particular?

I had a baby who wouldn't sleep, and at 3 a.m. one night, while in a rocking chair with him, my sleep-deprived brain thought it would be funny to write a book of science experiments you can perform on your baby. Woke up the next morning, still thought it was a good idea, and decided to pursue it.

Wow, first time I've seen something on HN useful on baby related stuff :) buying now :D

Re: Ask HN: What is your passive income 2019?

#225

Post by chrdengso » Wed, Oct 30, 2019, 3:05 AM UTC

Made platform connecting DJs with events, everything is pretty much automated and I charge a commission on every booking. https://cueup.io/

Re: Ask HN: What is your passive income 2019?

#226

Post by blankley » Wed, Oct 30, 2019, 3:24 AM UTC

yellowapple wrote: post #219

gkoberger wrote: post #31

I built an escape room! Startup Escape ( https://startupescape.com ), a parody of startups where you have "$1M to launch your startup" (1 hour to escape). It's a physical game in San Francisco, but it's run day-to-day by a manager. Overall it makes about $15k/mo, and after rent/labor/etc I just make a few thousand dollars a month.

Looks fun. Might have to recommend it for a team offsite. But, um... > Startup Escape is in the Tenderloin North SOMA! The address is 447 O'Farrell St, San Francisco CA That's... literally the Tenderloin. Or is this (and the oxymoron that is "North SOMA") a joke that just went over my head? Haha.

It's a joke! :)

Re: Ask HN: What is your passive income 2019?

#227

Post by sunw » Wed, Oct 30, 2019, 3:51 AM UTC

jawns wrote: post #86

My first book was published six years ago. The title is in my profile, if you're willing to click through for the plug. It has continued to sell well, and about two years ago I "earned out," meaning my royalties exceeded my advance, so now every six months I get a royalty check. I've also agreed to several deals that allow my book to be translated and sold in different countries. Those deals are usually on the small…

Nice job, and congratulations! How did you first get connected to your publisher? For that first book, did you have an agent representing you?

Re: Ask HN: What is your passive income 2019?

#228

Post by seanwilson » Wed, Oct 30, 2019, 5:06 AM UTC

I wrote a paid Chrome extension that tests websites for SEO, speed and security best practices:

https://www.checkbot.io/

It currently has 30K active users of the free version and 100s of paid users.

Re: Ask HN: What is your passive income 2019?

#229

Post by melenaos » Wed, Oct 30, 2019, 5:30 AM UTC

Jleagle wrote: post #13

Game DB ( https://gamedb.online/ ) - I take data from Steam APIs and show it in a friendly format. I am currently losing money, but hope to change that soon.

It would be great if it could help to find the next game, something like the most popular games or the trending games etc

Re: Ask HN: What is your passive income 2019?

#230

Post by melenaos » Wed, Oct 30, 2019, 5:40 AM UTC

ganonm wrote: post #16

https://assetstore.unity.com/packages/tools/level-design/mod... Launched this a few months ago. I've made about $14 a month. In terms of return on investment I would have been better picking up pennies in the street, but it was a fun side project. Also, haven't done any real marketing yet... All sales have been organic discoveries through Unity store.

Looks great! Good job, I don't have any clue what the unity already provides but the snapping and the flow that you created this house it really great. I was working on a Architecture building software long time ago and it was nothing close to that fun as i see here!

Couldn't you use this plugin, the unity editor, a bunch of ready made objects, walls, doors, floors etc and bundle them into one autonomus executable and sell it?