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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?

#31
post #12

To me, passive means little or no ongoing time investment. If we are looking at "best" in terms of revenue, then dividends from investing in the stock market are by far the best source of passive income I can imagine. I've got a 1.5x leveraged portfolio over on IBKR that is currently yielding ~2.9% dividends across a wide range of sectors. I am paying ~1% in margin fees at the moment, so I basically get to use their…

Where are you getting margin fees less than 1%? Per year?

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

#32

I made a watermarking software 10 years ago, still makes 1000$ every month, with almost zero work. http://watermark-image.com :)

Not bad. I see many people who mention a SaaS, books, a website, etc. and a lot of the time it doesn't look all that passive for the typically small amount of income it brings in. Nothing wrong with any of these things of course. They're just not really a passive income stream.

Of course, very few things are truly passive, especially things that have minimal risk to the original capital.

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

#33

Earlier quoted context omitted.

Are you interested in selling your Keto site?

I'll code you a competitor for much less than that person would charge, if they are even willing to sell :)

they want the traffic and recurring revenue, they don't care about the site

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

#34

Earlier quoted context omitted.

Are you interested in selling your Keto site?

I'll code you a competitor for much less than that person would charge, if they are even willing to sell :)

I assume that this was a tongue in cheek comment, but in case it wasn’t...

The site code and content itself is worth very little. The history, traffic, and back links are the value.

Even if the site was copied or even improved on, it would take somewhere between 6 to 24 months to reach a comparable level of traffic assuming no black hat strategies are used.

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

#35
post #10

https://isitketo.org It's just a content site about the keto diet. It runs in the background and earns money from Google AdSense and Amazon Affiliate links, the latter of which are dwindling because I haven't had time to fix dead product links. It's a plain static site, so it doesn't need any server maintenance or software upgrades. Not totally passive because I actively tried to grow it for three months when I had t…

Why does Covid drop traffic for a content site about keto?

Stress eating? I bet fewer people are dieting right now than last year.

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

#36
When the lockdowns started happening in March, I began trading the stock market. My YTD realized gains is equal to my base salary. About 140k. I am proud of all the trading I did. Living on the west coast it also turned me into a morning person, where market opens at 6:30am. Good side effect :)

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

#37
post #5

I have a cookie delivery company[1] that I started with my sister. It’s doing well but I personally only take out $50k/yr. completely supplemental to my main job. [1]: https://www.indiehackers.com/podcast/166-sam-eaton-of-crave-...

Interesting to compare with a very similar business and a different outcome: https://techcrunch.com/2018/07/23/cookie-startup-fails-to-ri...

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

#38
The stock market has had a ridiculous year.

I'm mostly dull indicies, with a middling adventurous fund that has more than doubled in the last year; my investments increased by about 30% overall. My investments brought home more money than I did (I've been in full-time employment throughout) and I'm starting to wonder if Piketty wasn't on to something.

Utterly passive and zero effort on my side; I just do what they say and stick my pennies into indicies (and a small amount into more adventurous funds).

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