My best passive income is probably my day job, my investments require a lot more focus and time. Lol, guys, it's a joke.. kinda.
How is a day job passive income?
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Ask HN: What was your best passive income in 2020?
41–50 of 62 posts
Re: Ask HN: What was your best passive income in 2020?
#42A mobile game I built in a few months last year:
(Android) https://play.google.com/store/apps/details?id=com.reckoning....
(iOS, newly released) https://apps.apple.com/us/app/sandbox-city/id1512598054
Brings in around 400 euros a month from ads and in-app purchase revenue.
Re: Ask HN: What was your best passive income in 2020?
#43Ethereum DeFi yield farming. Will be migrating funds to ETH staking soon for a nicely appreciating yield-bearing asset. Tips and MEV rewards will be the icing on the cake.
Re: Ask HN: What was your best passive income in 2020?
#44VOO. SP500 ETF
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Re: Ask HN: What was your best passive income in 2020?
#45Selling few delivery plugins for woocommerce/prestashop was a really nice idea at the time which did not really work that much before pandemic (for ex https://codecanyon.net/item/stuart-for-woocommerce/25673890)
Re: Ask HN: What was your best passive income in 2020?
#46I made https://extensionpay.com, a service to let browser extension developers easily take payments for their extensions.
But I feel like making a SaaS isn't really passive income — it's flywheel income. Takes a lot of up-front work to get it spinning and then requires a little effort here and there to keep it going.
Re: Ask HN: What was your best passive income in 2020?
#47I have talent in dev/code, but didn't use any of it. 2x Corona, short-time work, depression.. :(
I'm fully open for any suggestions.
It's not passive: I started investing into stocks and sold almost all for about 5% profit in total. I think many won't like it, but I used that money and invested into different cryptocurrencies. I ended up with about twice my total investment and on some days I earned more per day, than monthly with my dayjob. The goldrush wasn't forever though, because after may I'm back to my initial investment.
Re: Ask HN: What was your best passive income in 2020?
#48I have talent in dev/code, but didn't use any of it. 2x Corona, short-time work, depression.. :( I'm fully open for any suggestions. It's not passive: I started investing into stocks and sold almost all for about 5% profit in total. I think many won't like it, but I used that money and invested into different cryptocurrencies. I ended up with about twice my total investment and on some days I earned more per day, tha…
May I ask why you perceive a cryptocurrency as an 'investment'?
Re: Ask HN: What was your best passive income in 2020?
#49Earlier quoted context omitted.
That's the primary reason I mention a total-world fund. A lot of people expect the US to be flat for the next few years, with a corresponding uptick in the world market.
Can you recommend a total world fund?
VTWAX is the gold standard:
https://investor.vanguard.com/mutual-funds/profile/VTWAX
If you don't want to dump $3K in one go, there's VT:
Re: Ask HN: What was your best passive income in 2020?
#50Earlier quoted context omitted.
This is not passive income. This is asset appreciation. Dividends or rent collection qualify as passive income.
It's effectively the same.
It's really not. Let's say, thanks to your passive investment growth, you can spend 3% of your capital every year and never run out
This means $100/mo of recurring, passive income would take $40K in the bank to replace.
Even a small passive income is worth huge amounts.