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Ask HN: Your Passive Income Suggestions?

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Re: Ask HN: Your Passive Income Suggestions?

#61
post #17

* Apps with ads in them. Easy enough to churn out, but decreasing revenues and most of the high earning adverts are the scummiest. Low value and of low moral usefulness. * Solar Panels. In the UK, the government pays you per kWh generated. Needs an upfront investment, but stable income and you reduce your own energy bills. See http://shkspr.mobi/blog/tag/solar * Renting out property. Needs a much larger initial inves…

> Apps with ads in them. Easy enough to churn out, but decreasing revenues and most of the high earning adverts are the scummiest. Low value and of low moral usefulness.

I assume that by apps you mean native mobile apps. Anyone know how ad-supported mobile apps stack up against web apps? On the one hand, there's no such thing as ad blockers for native apps. On the other hand, web apps run on more platforms out of the box including desktops, and desktops in general seem to be easier to monetize via ads.

> Hosting / simple websites. Again, little bit of up-front commitment. Works best if you can find a local niche of people who want a friendly face to host their websites. Usually as simple as buying a domain, setting up WordPress, and turning on automatic updates.

Does anyone here have experience with this? It's an awfully saturated market, and there's not a lot of ways to differentiate yourself without turning it into a full-time job. That said, if it is as easy as edent makes it sound, I'd love to dive in as an excuse to get some system administration experience (and try out some ideas I have in that area).

Re: Ask HN: Your Passive Income Suggestions?

#63

Amazon recently launched a new app store that pays developers by the minute in lieu of all other monetization techniques, it's great if you can come up with engaging apps. https://developer.amazon.com/public/solutions/underground

Am I understanding correctly that Amazon is only monetizing Underground through interstitials at app launch time? If so, I'm impressed.

Re: Ask HN: Your Passive Income Suggestions?

#65
post #17

* Apps with ads in them. Easy enough to churn out, but decreasing revenues and most of the high earning adverts are the scummiest. Low value and of low moral usefulness. * Solar Panels. In the UK, the government pays you per kWh generated. Needs an upfront investment, but stable income and you reduce your own energy bills. See http://shkspr.mobi/blog/tag/solar * Renting out property. Needs a much larger initial inves…

> Stoozing. Find a credit card with 0% interest on balance transfers. Stick the money into a savings account. Or, if you like risk, on a horse. Need a good credit rating and decent savings rate to make more than a few hundred a year though.

I remember doing this in 2007. I wasn't aware there was a specific name for it.

Re: Ask HN: Your Passive Income Suggestions?

#66
post #59
post #4

Save money and invest it.

The question is about passive income, and, given interest rates, there aren't really any good options. If you're able to generate significant passive income at the ~2-3% rates[1], well, you probably already have a lot of money already, and should just focus on whatever you were doing to get that much. Way too many comments in the thread branching off yours are answering the wrong question -- "how to grow your money i…

I'm party to this thread branching of which you speak, but yes, it's predicated on not answering the question and using a principle similar to what you're saying: save, invest passively, and get back to work doing what you do. It's probably as a good a strategy or better than chasing returns in other ways that may also end up requiring a lot of work, depending on skillset, demand, and financial conditions.

Re: Ask HN: Your Passive Income Suggestions?

#68

Amazon recently launched a new app store that pays developers by the minute in lieu of all other monetization techniques, it's great if you can come up with engaging apps. https://developer.amazon.com/public/solutions/underground

"it's great if you can come up with engaging apps" ...and the Amazon app marketplace has a miraculous recovery and somehow because a legitimate revenue source. It probably speaks volumes how badly their device sales are on how likely that is.

Re: Ask HN: Your Passive Income Suggestions?

#69
post #48

Bitcoin arbitrage.

Correct my if I'm wrong but bitcoin arbitrage doesn't seem like good idea, here is pretty good explanation - https://www.cryptocoinsnews.com/bitcoin-price-arbitrage-expl... I would better put my money in more "real" etf's and start from there.

> Correct my if I'm wrong...

You are very wrong, plus you are talking to jerguismi (localbitcoin's founder), who I'd presume has made quite a bit from arbitrage in the space...

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