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Ask HN: What is your passive income 2020?

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Re: Ask HN: What is your passive income 2020?

#51

Post by jmnicolas »

dheera wrote: post #41

I created this online graphing tool in 2007 and haven't updated it in years: http://fooplot.com/ It's still generating a small amount of ad revenue every month. It used to generate 5-10X what it does now before the days of mobile apps. Back then it was a very meaningful addition to my grad student salary. I had 250K MAU at one point, many of which seemed to be coming from middle and high schools in lower income place…

Why would you rewrite it? Unless its stack isn't supported anymore just make it work with the latest update so that it has no known security hole.

Perfect is the enemy of good.

Re: Ask HN: What is your passive income 2020?

#52

Post by falco925 »

jgotti92 wrote: post #31

I am running na online art gallery specializing in AI art. Recently, instead of just printing the art on canvas I started using even real robots to paint it down [1]. Still it is only a small passive income but looking forward to make it really big as I believe this thing is a historic moment in time where art and tech started to converge into one. 1) https://art-supreme.com/ai-art-with-robotic-arm/

very cool. Can I suggest you add a mail list feature to collect emails? I very much want to stay connected with you guys and get your latest news.

Re: Ask HN: What is your passive income 2020?

#54

Post by tachibana »

sandeshbhusal wrote: post #22
tachibana wrote: post #9

I am a serious practitioner of the FIRE (Financially Independent, Retire Early) philosophy. Over the years, I have accumulated assets in a very conservative portfolio. This portfolio has reached a point where it has consistently generated over 150% of my base salary for more than 5 years.

Tell us more please. :P

You give me too much credit -- it's a really boring approach.

My portfolio used to be about 50/50 in fixed income securities and real estate. I got lucky with the real estate, and I got out because I didn't think my luck would last forever. Now my portfolio is made up entirely of fixed income securities and blue-chip stocks that pay dividends. The dividends and interest payments are laddered such that I recieve at least 2 payments a month. I didn't choose securities based on payout dates, so the amount does fluctuate from month-to-month. However, the portfolio generates enough monthly income that the "leanest" month is greater than my paycheck's monthly gross income.

Being a software engineer myself, I don't qualify for the Roth accounts so most of my investments are done in a standard taxable account. I don't buy any particular funds -- just a variety of boring bonds and stocks.

I did try the RE (retire early) part a while back. It lasted about 6 months before I got too bored out of my mind. I still continue to work because of the mental stimulation and the social connections.

Re: Ask HN: What is your passive income 2020?

#55

Post by ackbar03 »

gangstertim wrote: post #23

I co-run http://vsual.co . We make five figures of monthly revenue, and generally my partner and I work 8:30-10 AM before our "regular" jobs. We're growing at a moderate pace—for now this is passive(ish) income, but one day we may dive all in.

That's awesome! I saw on your original submission on showhn for vsual that you were trying to figure out the marketing. How have you done since then and what worked for you? Five figures is quite impressive

Re: Ask HN: What is your passive income 2020?

#56

Post by UncleOxidant »

gangstertim wrote: post #23

I co-run http://vsual.co . We make five figures of monthly revenue, and generally my partner and I work 8:30-10 AM before our "regular" jobs. We're growing at a moderate pace—for now this is passive(ish) income, but one day we may dive all in.

If I had a side project that was bringing in five figure monthly revenue it would become my regular job pretty quickly. Are you hesitating because you don't think the revenue is going to last?

Re: Ask HN: What is your passive income 2020?

#58

Post by desireco42 »

AlchemistCamp wrote: post #2

I've continued running my Elixir screencast business, and added on a 2nd product, which is a starter template for apps built with the Phoenix Framework. Neither is 100% passive. The screen casting business means continuing to make a few new tutorials per month and making occasional improvements to its site. It sure pays a lot more per hour of my time than it did 18 months ago, though! The starter kit is still in alph…

I like AlchemistCamp. Hey I should've thought of your PhoenixIgniter, I kind of developed and still working on project just for me that solves same issue, I call it Phundation.

I guess you are not selling it just yet anyway. Anyhow, since I have multiple projects, going through the setup is hassle and I created started project essentially.

Re: Ask HN: What is your passive income 2020?

#59

Post by cardamomo »

cmuguythrow wrote: post #57
cardamomo wrote: post #12

This just launched, but I imagine I'm soon to be rich in other people's screams. https://justscream.baby

when I called 561-567-8431, I got "Welcome to Verizon Wireless, your call can not be completed as dialed. Please hang up and try again."

Thanks for letting me know. It should be fixed now. I accidentally bungled something in Twilio
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