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Ask HN: Your best passive income sources?

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Re: Ask HN: Your best passive income sources?

#231

Not 100% passive, but fantasy sports has been a nice side income for me this year. I used to play a lot for almost nothing, but then found daily fantasy games (pick a new team every game day, play against other people) and have made a decent return on my investment. I play on fanduel.com almost exclusively. If you have any questions or want some help getting started, send me an email (in profile). My referral link if…

I have an old poker friend who started a similar site: http://buzzdraft.com/

It's formatted to be similar to poker sit-and-gos.

Re: Ask HN: Your best passive income sources?

#232

How timely. I'm actually starting a challenge for myself to see if I can bootstrap something to at least $5,000 in revenue a month. I've tried and failed many times, but this time, I'm going to force myself to only live off what I can make with this product. http://vutran.me/blog/desperation.html

Did you release this (blog says oct 15th)?

Re: Ask HN: Your best passive income sources?

#233

Earlier quoted context omitted.

Municipal bonds, loans to your local government are free of taxes (both state and fed). I have excess cash that would normally be in certificate of deposit in muni bonds currently making 3% tax free. There are risks, best to consult with a money manager if you are uncertain on how to gauge the associated risks.

Indeed, municipal bonds are much riskier than good ol' Treasuries. http://www.nytimes.com/2012/08/16/business/municipal-bonds-d...

The key is diversity; I use municipal bond funds and have had great success and much more income than from treasuries.

Re: Ask HN: Your best passive income sources?

#234
post #97

I started a site 13 years ago and it is one of the largest sites in it's niche right now. Very very popular. I do work on it many hours a week (can range from 0 to 100 hours/week) but I don't really have to. I just love working on it, adding new features, etc. I would definitely call the work passive or hobbyist - even though sometimes I'm up till 4 in the morning working on X new feature. Income is in the early 5 di…

[deleted]

Re: Ask HN: Your best passive income sources?

#235
post #97

I started a site 13 years ago and it is one of the largest sites in it's niche right now. Very very popular. I do work on it many hours a week (can range from 0 to 100 hours/week) but I don't really have to. I just love working on it, adding new features, etc. I would definitely call the work passive or hobbyist - even though sometimes I'm up till 4 in the morning working on X new feature. Income is in the early 5 di…

Hi, would you mind telling us the url? Your site sounds very interesting...
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