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Ask HN: What was your best passive income in 2016?

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251–260 of 713 posts

Re: Ask HN: What was your best passive income in 2016?

#251
post #7

This is my portfolio : http://www.nilsenlabs.com None of them have made a lot of money, but one is still generating a small amount. Guess which. Hint: Income is not proportional with the shinyness of the technology stack

Flags and capital quiz, 10k downloads. Little competition. I would say gogtasks for user need, but there's a lot of competition in that space.

Re: Ask HN: What was your best passive income in 2016?

#252
post #71

Here in Brazil we have it easy. The most boring funds (the ones which track the interbank rate - CDI) easily return around 12% per year (depending on the administration fee; the smaller the administration fee, the higher the return). With the inflation around 6% per year, this gives around 6% returns before tax. If you stay with the fund for at least two years (and it's of the correct kind), the tax rate is 15% over…

Man alive. Here in the UK a five year treasury bond yields precisely nothing - potentially less than nothing. I have a mountain of cash and nothing to invest it in here. Even property doesn't present a meaningful yield any more. It also doesn't look like it's going to get better, just worse - so as far as I can discern the best course of action is just to spend it before it becomes completely valueless. To stay ahead…

A quick google search shows UK inflation for the year at .9%. Why are you saying you need a 10% yield.

Re: Ask HN: What was your best passive income in 2016?

#253
post #92

Earlier quoted context omitted.

Well since i quit my job in switzerland and moved around the globe to work on my own stuff (I dont only do stupid content sites) about $1000/month + Some plane tickets here and there.

Which countries/cities have been the best to you for quality of life vs cost of living?

I am relatively new to this myself, but so far Thailand was wonderful for this. Next will be ether nepal (shitty internet tho) or Vietnam.

Re: Ask HN: What was your best passive income in 2016?

#255

Previously, as a developer evangelist with Twilio, I had to know the tech events and tech leaders in my local community. While I didn't figure out a repeatable approach then, in late 2015, it hit me. I built a bot network that reads tech events - mostly meetups, some conferences and workshops - for a given city from a variety of sources and tweets them. I use machine learning to determine hashtags, time of day to twe…

Btw, by plugging into meetups first, I found a super receptive audience. After a decade+ of planning UGs, I knew the most important but easily forgotten step is promoting the group.

The Tech Events Network tweets most groups either the morning of or night before and five days in advance, so you have a couple chances to notice. Further, occasionally it mentions the meetup group's twitter handle so easy RTing.

(All automated and sometimes I'm surprised about what it's found.)

Re: Ask HN: What was your best passive income in 2016?

#256
http://www.averageweather.io

Only have made like $20 off Adsense, but I've got a lot more work to try and get this tool into passive mode:

* working on selecting a date range

* style up the site a bit more

* maybe have users so you can save searches etc

I get very valuable data that the travel industry would probably consider great leads, but I'm just figuring out what to do with it all.

Edit - and fill out these graphs: http://www.averageweather.io/monthly/boston/ma/12/

Re: Ask HN: What was your best passive income in 2016?

#257
post #2

A self published book on "Redux". Still in progress but already sold for 3,160$ in revenue between me and a friend. Hope to have it really pickup once done and turn profitable https://leanpub.com/redux-book

why did you choose this leanpub platform?

I like the fact it can publish unfinished book. but I'm worried that it is not as big as amazon?

Re: Ask HN: What was your best passive income in 2016?

#258

Previously, as a developer evangelist with Twilio, I had to know the tech events and tech leaders in my local community. While I didn't figure out a repeatable approach then, in late 2015, it hit me. I built a bot network that reads tech events - mostly meetups, some conferences and workshops - for a given city from a variety of sources and tweets them. I use machine learning to determine hashtags, time of day to twe…

> I use machine learning to determine hashtags, time of day to tweet, and new data sources.

can you elaborate more this?

Re: Ask HN: What was your best passive income in 2016?

#259

Earlier quoted context omitted.

> Do I have any rational expectations to beat inflation by having well diversified index funds? You should get inflation + some economic growth + risk premium for holding equity.

How confident can I be of this? Why are banks struggling to get even 2% return on their investment if I can just go on and get 7% on average?

Banks operate on a completely different model so it's not a useful comparison, but the answer is that they are borrowing at ~0% and lending 2%+ so they view the world differently

Re: Ask HN: What was your best passive income in 2016?

#260
post #74

Earlier quoted context omitted.

But even if a company doesn't pay dividends, it will often make a profit that ends up on the company's books. A part of this profit, proportional to your ownership, belongs to you who own the stock. In an index fund, the stocks contained in the index will on average pay out a certain dividend and turn a certain profit that isn't squandered on worthless projects. This last part is what makes stocks increase in market…

> But even if a company doesn't pay dividends, it will often make a profit that ends up on the company's books. A part of this profit, proportional to your ownership, belongs to you who own the stock. You're totally missing my point. I'm saying, even if your stock is "worth" $1 trillion, if you don't actually ever sell it, you haven't earned a single penny from it. It's only money when it's actually money. So my ques…

This part of your statement is incorrect: "It's only money when it's actually money."

Stocks in major corporations are generally considered a liquid asset - i.e., they can be easily converted to cash. [1]

Don't confuse liquidity and risk exposure. The money is still subject to the risk of the market when it's still being held in stocks, but it's approximately as good as money.

[1] http://www.investopedia.com/terms/l/liquidasset.asp

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