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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?

#581

Post by icedchai »

zild3d wrote: post #574
icedchai wrote: post #569

Earlier quoted context omitted.

Yes, it works. I've been investing a minimum of $500/week for the past 8 years. Currently I'm investment $1000/week. I make good money and keep my expenses low, and now have more than 33x my yearly expenses in investment/savings. I'm planning on retiring early...

At 33x annual spending you can retire today. That is already passed the 4% withdrawal rate (can take out 4% every year and never decrease the principle), which is 25x annual spending in savings/investments. http://www.mrmoneymustache.com/2012/05/29/how-much-do-i-need...

I am aware, but am overly conservative. I just turned 40 so have a few good working years left at least.

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

#582

Post by thenaterhood »

t0mislav wrote: post #360

25$/month in Adsense. Not much, but it's passive and it grows. Everything started as a fun small project. http://random.country/

I'm really curious to know how you promote and get traffic to a site like that. I've seen a couple and I've been working on my own, but I've never known how they get discovered.

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

#583

Post by durkie »

jklein11 wrote: post #566
durkie wrote: post #421

Earlier quoted context omitted.

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.

If the brokerage puts up cash as collateral where is the risk?

i don't really know of any aside from the brokerage itself going under.

i would imagine brokerages want to make this as low risk as possible as it encourages more transactions, so they can charge more fees. and they also get their cut of the premium.

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

#584

Post by robius »

jabagawee wrote: post #538
robius wrote: post #523

Earlier quoted context omitted.

The owner sent me his returns from 2007 and it's a steady upward slope, even through down times. I just started last month, and I'm up overall, although the Trump event took some back. The system takes these draw downs into account. If I told you I made $11K last month it's mostly meaningless since the size of the account and markets you choose are important. So I don't have enough data for you, but the data that was…

How did the Trump event take some earnings back? Since the election, markets have been going very steadily up.

The markets weren't predictable and ran counter to the previous patterns which were already invested long or short.

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

#585

Post by tscs37 »

timbowhite wrote: post #141

TLD List - https://tld-list.com It's a price comparison website for top-level domains. Gross on average is $600/month through affiliate sales and data download subscriptions. Requires maybe 10-20 hours of work per month for maintenance and new features. The most difficult part is tracking registrar affiliate earnings, and then actually getting paid by the registrar. Many require you to manually request a payout once…

I love you. This is what I needed in my life.

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

#586

Post by jamez1 »

Inconel wrote: post #576
jamez1 wrote: post #551

Earlier quoted context omitted.

Academia doesn't pay that much attention to the real world. Most of the papers out there are rubbish and would be considered junior level work, except with way too much detail. There are pretty much no econ papers that would describe what happens inside the high end systematic firms. (Source: I work in the industry) Bringing up the outliers is a perfect counterexample when wild sweeping statements are made. These are…

>high end systematic firms I'm not familiar with this term, would you mind giving me a general description of what kind of investing these firms take part in?

"Algotrading" generally refers to execution algorithms only, despite popular culture's interpretation.

When the funds portfolio is decided based on a system your fund is systematic. It's an important distinction.

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

#587

Post by jamez1 »

stouset wrote: post #554
jamez1 wrote: post #547

Earlier quoted context omitted.

> The market cannot be beat On average, and when bench-marked against itself taking into account fees. There are funds that consistently beat the market, that you should put money into over the index if given the chance. But your general notion that the average person shouldn't try is a good one. At the end of the day you have to earn money because you took it from someone else. To think that there is a dollar for ev…

Of course some funds beat the market. The problem is, there is no reliable way to know what those funds are until after they have done so.

It depends on your definition of reliability. Is driving a car reliable? There's no way of knowing it will crash but that doesn't stop you from getting in one.

You see it as a problem, if you are used to the idea of earning money instead of taking money I get that angle. But to investors it's not a problem but a fact of life.

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

#588

Post by findjashua »

hobonumber1 wrote: post #475
irrational wrote: post #460

Earlier quoted context omitted.

That's true, but I always sell my ESPP as soon as it is purchased. That is an immediate 15+% return. Our ESPP is 15% off of the lower of either the beginning or the ending of the offering. Of course the hope is that it will be the lower at the beginning of the offering so that the sell will be 15% + the amount the stock has risen since the beginning.

Well it is 15% but you are paying income tax on it because you aren't holding it for a year. So depending on your tax situation, it may be closer to 7-10%. Still good though.

The income tax on the profits. If you sell the espp instantly, there isn't much profit, so I'm guessing there isn't much tax?

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

#589

Post by [deleted] »

jrheard wrote: post #335
closeparen wrote: post #306

Earlier quoted context omitted.

... otherwise known as a 401k. Probably don't do this (use taxable investment accounts) unless you have at least 15% going to your tax-advantaged retirement account(s).

Good point, I forgot to mention that. I think that it's possible for a lot of young people in our industry to save significantly more than 15% of their income, and so I should have said: max out your contributions to retirement accounts every year and then set things up such that you're automatically saving as much of your remaining salary as is comfortable (e.g. if you're a recent college grad working in SF, and you…

[deleted]

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

#590

Post by kusha »

vladdanilov wrote: post #26

Optimage – a visually lossless image optimization tool http://getoptimage.com Released this week. Came unnoticed on HN but somehow got featured on PH. 1200+ downloads of free version and a few sales. Not sure if that'll change. In that case, the best of 2016 will be one of the plugins for Sketch https://news.ycombinator.com/item?id=12319286 .

Just a small suggestion, clicking to see the difference on the demo images wasn't clear at first. Maybe you should use one of those sliders that they use for before/after images. I think that would be better UX.
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