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Ask HN: What is your passive income 2019?

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

#41

Post by tempsy »

rinchik wrote: post #35
tempsy wrote: post #6

Investing in boring index funds has produced 20% returns this year. Can't imagine it will happen again next yr but who knows. Actually I had an allocation in Apple which has had a crazy year..up 60% or so to all time highs.

curious, do you count unrealized gains as income as well? I also did some passive index fund investments but I only count cash dividends as actual "income".

I am in this case..I don't really day trade, have dividends auto-reinvested and rarely sell.

The market does sort of concern me right now though. We're sitting at all time highs for the S&P but there's worrying signs everywhere. I don't know how it'll all play out next year, so I might gradually sell some to lock in gains before end of year.

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

#43

Post by ghawkescs »

welanes wrote: post #22

Not exactly passive, but side hustle that I hope becomes main hustle: https://simplescraper.io Tryna fill the gap that Kimono left. Aim to post as a Show HN once I polish it a little more.

This looks really cool, I was disappointed when Kimono was shut down. Please reach out to me (email in profile), I would like to learn more about your product.

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

#44

Post by davismwfl »

eganist wrote: post #17
turdnagel wrote: post #9

Earlier quoted context omitted.

You don’t have to do work as a landlord?

Many people can outsource to management companies that handle this for you in exchange for a percentage. I've seen averages around 10%, with some outliers (PenFed credit union I believe?) doing 7%.

Correct in my experience 10% is a good guideline.

I actually set things up slightly different but essentially it follows the same process. I have service providers I negotiated and setup that manage different aspects for me, so most all I have to do is make an approval or call and I don't have to pay a percentage fee each month. I learned how to do this after I had a bunch of properties in the past and was paying 8-12%/month in fees for each property but all they were doing was making calls on my behalf or setting up service providers to do it. Once I figured that out, I setup all my own service providers once and cut out the management fee. There are even people that cover the stuff like evictions etc as a service so you don't have to be involved on it.

It requires maybe a few hours of my personal time every couple of months as an average.

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

#47

Post by rabbleroo »

dglass wrote: post #27

I run https://bannerjs.com which is a configurable banner announcement service for websites that currently brings in $220 MRR. I also run https://www.junior-to-senior.com which is a career advice newsletter for programmers that currently brings in $0 MRR, mainly because I'm focusing on content and growing the audience right now and haven't looked into sponsorships or paid subscriptions yet. I'd like to get it to a po…

I work on a handful of different ecommerce sites for my day job. BannerJS looks like it could be useful when we run promos and sales across our sites. Thanks for sharing!

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

#49

Post by zer0tonin »

Blackstone4 wrote: post #11
mdorazio wrote: post #5

Same as last year. High-dividend stocks and ETFs. Everything else (including my rental property) is a lot less "passive" than most people think.

My personal opinion is that retail investors love dividend stocks and they are more expensive than non-dividend stocks. Further to this, I have strong preference for firms which re-invest their cash flow resulting in capital gains which is much more tax efficient than a dividend.

> My personal opinion is that retail investors love dividend stocks and they are more expensive than non-dividend stocks.

This is absolutely not true, there's plenty of stocks around here with low P/E ratio and dividends. You just have to look outside of tech to find them.

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

#50

Post by tpae »

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.

I love this! Will book it for our next team event
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