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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?

#421
post #413
post #319

Earlier quoted context omitted.

Yes, but I would think that's always a risk.

That's part of what you are getting paid for. You are getting paid for providing TSLA liquidity and risk of default on loans.

That's true. The only point I would add is that my loan is with the brokerage and they put up cash collateral. I'm not having to deal with individual short sellers and whatever risk profile they might have.

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

#422

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?

I'm doing the look up on the raw version yeah. I'm working in weeding out false positives now.

Squated domains that aren't pointing to anthe thing are right now registering as available.

Moving to an actual Whois lookup has to get better results. Thanks for taking a look! And I appreciate the feedback

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

#423

Previously, as a developer evangelist with Twilio, I had to know the tech events and tech leaders in my local community. While I didn't figure out a repeatable approach then, in late 2015, it hit me. I built a bot network that reads tech events - mostly meetups, some conferences and workshops - for a given city from a variety of sources and tweets them. I use machine learning to determine hashtags, time of day to twe…

> I use machine learning to determine hashtags, time of day to tweet, and new data sources. can you elaborate more this?

Sure.

My last startup - Clarify.io - did automatic speech recognition through machine learning. Since I was doing the roadmap and API design, I wanted a better understanding of ML and started digging into it.

For context, I started by studying the Austin tech community since that's what I know and could manually check the conclusions.

The basics:

Overall, the system tracks 5500+ groups, conferences, etc which is close to 60k events. It grows as it discovers new groups and events via a few channels.

As it finds and imports groups and then events, it categorizes each based on how they're described. If it's from Meetup.com, the category data and topic are reasonably good so it starts with that. If the source is Eventbrite, less so. If the source is an event website, even harder.

After ~15 months, it's discovered about 105k keywords/phrases, some only barely related. Of those, only about 7500 are actually useful. Not surprisingly, they include languages, frameworks, companies, products and combinations of words. (Side note: I've found words like "hacking" are less of an indicator now than when I started.. because everyone is "hacking" something.. marketing, cooking, etc.)

From all that, groups are qualified in/out based on their overall score. I manually review things that are borderline but that's 2-3 most weeks. That keyword/phrase list also feeds into the hashtags that get used.

The first version of this - hardcoded, no ML - was hacked together in a day. I've rebuilt it from the ground up to wire in the ML processing to scale across all the cities.

I later did some major refactoring to have pluggable output so it can broadcast into a Slack channel (done & released) and eventually send you a reminder DM or text (via Twilio!)

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

#424

This post is what's wrong with Capitalism. Rent seeking. The Matthew Effect. Making money by making money.

I think the flaw in the system is land/personal property. If you have enough money to call 'dibs' on a shared resource like that, then we create a feudal system. There is no legal place to just live without paying the landowner.

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

#425

Breville coffee grinders are impossible to get internal parts for. I designed a 3D printed upgrade for the main wear-part in their BCG800XL SmartGrinder. The storefront is through ShapeWays[1] and I use ifixit[2] to drive the traffic. It's passively making ~$425/mo with about 10 minutes of work per week on my end. This all happened because my grinder failed and I couldn't get parts. [1] https://www.shapeways.com/prod…

> about 10 minutes of work per week on my end.

... and on the guide.

> Sandpaper and a file are likely optional. They are only necessary if the 3D printed impeller isn't a perfect fit.

Do you get any "support" queries from people who buy the impeller and then try to fit it, and it's tight (by your own admission a deliberate design choice) and they try to email you or return the impeller? Not trolling, genuinely curious.

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

#426
post #266

Earlier quoted context omitted.

Nice. Some wants: * If I type Manhattan, NY, automatically show me a map w/ overlay of weather in Manhattan and surrounding areas. Maybe default to today, but also forward cursor to calendar. * Or maybe automatically show bar chart of Manhattan for 1 week starting today. If they select a day automatically show +-3 days. * or allow a date range to be selected or even just Month of December * you need exposure, I've ne…

Thank you. Any tips on exposure?

Myself no, let's hope someone with more expertise answers.

At a guess I'd say it would be difficult to buy ads to get exposure to then sell ad clicks. Cheapest way would be very high SEO placement, but you don't have much content for indexers to anchor on. Maybe add features like expand out travel/local things-to-do space? Good domain name though.

Join relevant forums (travel, weather) and be active and genuinely helpful and leave website in signature.

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

#427
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 are the best brokers that do this? I always assumed brokers just did this behind the scenes with your shares and kept the money?

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

#428

Earlier quoted context omitted.

It's good advice to save money and to spend conservatively, if you're poor. On the other hand, the implicit question of the post was "what did you create to generate passive income" (it's called "Hacker" News, not "Invester/Banker" News).

I think you'll find that the poor generally don't save money -- they spend it, but I digress. Also: Why isn't interest income considered passive income to you? "The fundamentals" are there for a reason, after all.

Poor people don;'t have enough money to save, by definition.

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

#429
post #297

Earlier quoted context omitted.

because... I haven't worked hard and saved money? or, like you are implying, I shouldn't have saved any money, and spent it all... fancy cars, exotic vacations, and parties. I guess I gave up one lifestyle to reach another one. We all have different priorities.

I don't believe land is taxed highly enough so the system encourages monopolising land to appropriate value added by labour that should be going to workers. I think right now we have a situation were money makes money and selling your labour doesn't, in the average case not in the "I'm a senior engineer at google" case. I just don't see how this ends well. Workers struggling to get wage rises at all and yet 5% per an…

Relax, you are mixing apples and oranges.

Many companies, large multinationals to small startups don't want to OWN property. It's capital intensive for them, they want to rent. Does Starbucks own its coffee shops? No. Can't you see how renting property is a service to many?

Stop being apocalyptic simply because someone owns property. Take a chill pill.

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

#430

Breville coffee grinders are impossible to get internal parts for. I designed a 3D printed upgrade for the main wear-part in their BCG800XL SmartGrinder. The storefront is through ShapeWays[1] and I use ifixit[2] to drive the traffic. It's passively making ~$425/mo with about 10 minutes of work per week on my end. This all happened because my grinder failed and I couldn't get parts. [1] https://www.shapeways.com/prod…

Is the material used in the part safe to ingest?
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