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

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

#401

Started a hosting company: its very small and only offers shared hosting right now, but it is almost making money. I never wanted to get into hosting, but so many of my clients were using Godaddy etc I just had to get them away from that chaos. Note: I'm also looking for a partner in this if anyone has any experience let me know.

How did you start did you buy the servers or are you just using one of the cloud providers and "whitelabel" them?

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

#402
post #13

Young hackers who have a surplus of income and have funds to spare that aren't being channeled toward debt / family / donations, heed me: save as much of your salary as you can, and put it in boring investments (index funds / etc), probably through vanguard.com (no affiliation, I just use them and have heard nothing but good things from people I trust). You can pretty easily set up your job's direct-deposit system so…

This isn't really passive income outside of the 2% dividend yield of a total market index fund, which isn't all that great. A $500,000 investment only yields about $10,000 annually. (Not to mention the significant risk of a market drawdown in a given year.)

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

#403

Earlier quoted context omitted.

>The market cannot be beat. I really would like to believe this, but please explain to me how then how firms like Renaissance can exist ... Not sure whether it's relevant but I'll add that I'm an economics PhD student.

Renaissance is part of the market, and it's the sort of thing that we individual investors can't beat. "The market can't be beat" doesn't mean no one can see better returns - it means a random yahoo like me simply can't compete with the information, processing power, and access funds like Renaissance have. Thus, an average investor is a lot better off with an index fund instead of trying to pick individual stocks. (F…

So buy into the Renaissance mutual fund. There, you beat the market.

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

#405

I just recently launched a statuspage aggregator at https://statusbeacon.io which has been pretty cool to work on. I've also got an online multiplayer boggle game that has made me low 3 digits per month since about 2008, http://serpentinegame.com , mostly ad revenue but also paid memberships.

Looked at statusbeacon.io. Is there a place to see all the providers you monitor without having to sign up?

I just put up a list here: https://statusbeacon.io/service-list

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

#407
post #80

Earlier quoted context omitted.

It seems to be a searchable man page index. What does it offer that google+terminal don't offer?

Man pages in the terminal are pretty annoying as you can't (easily) search them. By "Google" I presume you mean online indexes of man pages E.g. This site. The other man pages sites are ugly, old and incomplete, despite that done of them rank pretty high on Alexa. I built this site to end up smarter, more modern, easier to use and more complete. Still a work in progress atm.

> Man pages in the terminal are pretty annoying as you can't (easily) search them.

The content? Type / then your search term.

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

#408
post #294

i own a decent amount of tesla stock and 2016 was a great year for lending it out. since tesla is such a controversial company, lots of people want to own the stock (expecting it to go up) and lots of people want to short sell it (expecting it go down). if you're a stock holder, certain places (like interactive brokers) will let you lend your stock holdings to people that want to sell it short. you earn a premium on…

What would be a good starting place to learn more about doing this? Also, is it possible to do with a small amount of shares in individual companies if the bulk of my investments are in indexes?

If you were set on doing it, you could compare this list of heavily shorted companies (http://online.wsj.com/mdc/public/page/2_3062-nasdaqshort-hig...) with the rates paid by your broker. if you're using Interactive Brokers, this is listed under "SLB (Stock Loan/Borrow) Rates".

If you own index ETFs then you can loan out those shares. QQQ is on that list and it's a NASDAQ index ETF. If you primarily own indexes though then you don't really own shares in the individual companies comprising that index, so I don't think you have something to loan technically. Like you might sort of own a lot of Apple through an S&P index, but you can't really deliver shares of Apple to a short seller.

Two columns to note in the link above:

* if you look at the "% Float" column in the link above, you can see that TSLA is at 32.0%, meaning that 32% of all TSLA stock is held by people that are shorting it. this calculation is a little more nuanced than this because shorts are only borrowing it and the stock kind of has two owners, but it paints the general picture: 1/3 of Tesla stock holders are there because they hope Tesla stock decreases in value. I think they're dead wrong but that's how markets are made.

* the "days to cover" column means that if all the short sellers tried to close their position (ie, buy stock in the company), how many days would it take that to happen at an average day's volume? this can be an indicator of companies ripe for a short squeeze, where a company announces unexpected good news and shorts rapidly try to close their position but not enough people want to sell and so the stock price skyrockets. This famously happened to Volkswagen: https://www.quora.com/What-are-some-of-the-greatest-short-sq...

be aware of a few things in general:

* these rates are completely out of your hands. GOGO of Gogo inflight Wifi is listed at 43% float and 21 days to cover, but its borrow rates are around 8%. I don't know why.

* in many cases, there is a short argument worth listening to and there's a reason many people are shorting a stock. GoPro/GPRO is currently paying 86% for people to lend out their shares to short sellers. You could buy GoPro and lend out your shares but then you run the risk of owning GoPro and it's a big question mark how big that risk is. I face that same risk in owning Tesla, but I think the short argument is garbage and I really believe in the company and that's enough for me.

* the tesla situation was kind of a perfect storm because it has a lot of fervent believers on both sides. companies that people are really passionate about might be hard to come by.

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

#409

I built catelus.com a couple weeks ago and I've done $130 in revenue. It's a domain name idea generator. You feed it a keyword and it translates it into 30+ languages and shows you .com's that are not being used. Trying now to get more eyeballs across it. Fun though!

Your domain lookup doesn't seem to work, unless I'm misunderstanding something. Searching "smart" brings up elegant.com which is certainly taken.

Edit: are you doing a lookup of the raw version instead of the cleaned one?

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

#410

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 assume you don't sell physical products, then? Is it something you created by yourself?

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