31–40 of 713 posts
I co-wrote a book on user acquisition and co-created an accompanying video course to climb out of debt left over from a failed startup. Made $104,000 in revenue since June (turns out the user acquisition stuff actually works), about 87k of which is profit, so we'll say ~$11,000/month part-time. It still makes me a solid $2,000/month now with zero work, and hopefully more once the book is officially published. (It's d…
210,000 Euro, divided between me and a friend. We started a small online shop about 10 years ago, and it's mostly automated. About 5 minutes/day + one week / year of work. Before that, I had spent a few years (trying to) run rather big software projects (for me – I was 18 or 19). They had cost me so many sleepless nights that I swore to never again take on customers paying me more than 100 Euro each. Now, if anybody…
I'm now considering doing this again in 2017. Hopefully interest rates will remain as low as they have been in order to lock-in an attractive mortgage.
210,000 Euro, divided between me and a friend. We started a small online shop about 10 years ago, and it's mostly automated. About 5 minutes/day + one week / year of work. Before that, I had spent a few years (trying to) run rather big software projects (for me – I was 18 or 19). They had cost me so many sleepless nights that I swore to never again take on customers paying me more than 100 Euro each. Now, if anybody…
210,000 Euro, divided between me and a friend. We started a small online shop about 10 years ago, and it's mostly automated. About 5 minutes/day + one week / year of work. Before that, I had spent a few years (trying to) run rather big software projects (for me – I was 18 or 19). They had cost me so many sleepless nights that I swore to never again take on customers paying me more than 100 Euro each. Now, if anybody…
Earlier quoted context omitted.
Sorry for the confusion. It's just a set it and forget it robo investment for now. I go in and adjust every quarter.
Ah, so no actual income then? Just stocks going up in value? As in, at some point you'd have to sell before you actually have any income from it, right?
210,000 Euro, divided between me and a friend. We started a small online shop about 10 years ago, and it's mostly automated. About 5 minutes/day + one week / year of work. Before that, I had spent a few years (trying to) run rather big software projects (for me – I was 18 or 19). They had cost me so many sleepless nights that I swore to never again take on customers paying me more than 100 Euro each. Now, if anybody…
In early 2016 I purchased commercial real estate, got a 25 year fixed rate mortgage, and leased it. This requires very little of my time every month, and the post-tax yield is above 5%. I couldn't be happier. I'm now considering doing this again in 2017. Hopefully interest rates will remain as low as they have been in order to lock-in an attractive mortgage.
I co-wrote a book on user acquisition and co-created an accompanying video course to climb out of debt left over from a failed startup. Made $104,000 in revenue since June (turns out the user acquisition stuff actually works), about 87k of which is profit, so we'll say ~$11,000/month part-time. It still makes me a solid $2,000/month now with zero work, and hopefully more once the book is officially published. (It's d…
Writing a book is not exactly passive.
A book is a perfect example of that.
I have a website with ads on it. Or actually a few, but one that mostly pays for my life right now.