Github sponsorship 750$ per month
Whoa, that's great! What OSS projects do you work on?
Ask HN: What is your passive income 2019?
61–70 of 306 posts
Re: Ask HN: What is your passive income 2019?
#62Github sponsorship 750$ per month
Can you elaborate?
Re: Ask HN: What is your passive income 2019?
#63Honestly it's not sexy but https://incomedata.org and https://nsndb.com. Simple data backed sites. They end up being pretty fun to make and useful for specific people.
Re: Ask HN: What is your passive income 2019?
#64Earlier quoted context omitted.
Stable or slightly declining, but that is a personal choice I made as I focused on my career. Unlike many, I don't update or A/B test anything after a product launch, so once a product is out launched, it's done from my perspective. With some more effort, I could be growing, either by launching new products (last product launch was in February) or by starting up my ad campaigns again (I cancelled most of them in Apri…
Are you selling a product you found and posted to Amazon, or did you create/assemble an FBA pack? My partner and I have two related product assemblages that we think are under-represented on Amazon, but for which we think we've identified a reasonable demand.. and for which content/instruction/information are not consolidated/accessible.
More or less than former. Either I find something interesting, or I have someone reach out to either of my buying agents. We go back and forth a little if any packaging / product customizations are needed and go from there.
I do offer two "FBA packs" for my own private labelled products but will not be restocking them when they sell out because of packaging challenges.
One big issue is discoverability. You will always be outranked by the sole product(s) as that's what people will search for. Customer acquisition costs are the major piece that many new sellers miss, and can easily sink an otherwise great listing.
That said, the great thing about selling on Amazon is the low barrier to entry. I would recommend you give it a shot and see if it works. Better yet, see if you can private label the product and have complete control over the packaging. (assuming branding is not an asset)
Seriously, send in 5-15 units and see what happens.
Re: Ask HN: What is your passive income 2019?
#65Same as last year. High-dividend stocks and ETFs. Everything else (including my rental property) is a lot less "passive" than most people think.
My personal opinion is that retail investors love dividend stocks and they are more expensive than non-dividend stocks. Further to this, I have strong preference for firms which re-invest their cash flow resulting in capital gains which is much more tax efficient than a dividend.
I think retail guys love div stocks because they don't realize that when a div gets paid the stock price drops by the same amount. You wont't believe how many people think its just "free money". You even see strategies where people buy the stock before ex-date and sell after. Bonkers.
I would agree with you that div stocks are more expensive on a Price-to-Earnings basis. Check this comparison: https://pages.etflogic.io/?compare=DVY|SPY|XLU
High yield (3%+) div ETFs like DVY and XLU are trading near 25 P/Es whereas the S&P is closer to at 22 PE yielding just above 1%.
As interest rates tick down people look for income/yield. So high div stocks get bid up because of this
Re: Ask HN: What is your passive income 2019?
#66Earlier quoted context omitted.
Many people can outsource to management companies that handle this for you in exchange for a percentage. I've seen averages around 10%, with some outliers (PenFed credit union I believe?) doing 7%.
Correct in my experience 10% is a good guideline. I actually set things up slightly different but essentially it follows the same process. I have service providers I negotiated and setup that manage different aspects for me, so most all I have to do is make an approval or call and I don't have to pay a percentage fee each month. I learned how to do this after I had a bunch of properties in the past and was paying 8-1…
I pay 7% and the property management takes care of renting out, collections, notices etc. They have a list of contractors to do work but I always seek out multiple bids.
Re: Ask HN: What is your passive income 2019?
#67I mean, it's worth asking, but anyone with a good niche would be smart to not post it publicly unless the benefits of publicity outweigh the risk of competition.
I invest in Tesla stock and it would be great if a lot of people could also agree that's a good idea :)
Re: Ask HN: What is your passive income 2019?
#68$250/month this year -- I created Video Hub App as a personal project that became good enough to share with others.
Nearing 1000 purchases since its launch (1.5 years ago), earned about $3500 (just about all went to my favorite cost-effective charity, Against Malaria Foundation). Released version 2 a few weeks back and had about 100 sales this month -- perhaps over the years it will earn a lot more. Was averaging about $250/month this year.
Re: Ask HN: What is your passive income 2019?
#69I was selling computer chips, old but still valuable for resale in my local market. Had to stop due to new restrictions on imports, namely elimination of tax floor for imports. Now everything is getting taxed, and that means my margins are gone.
It was fun while it lasted, I had about 10k USD Per year in profits , used it for beer and travel money.
I would do personal deliveries in bakeries, and only bakeries. My alarm would blare reminding me of making a delivery with the message "Chips at the bakery". I would also do shipping with snailmail, but I enjoyed the personal encounters.
Re: Ask HN: What is your passive income 2019?
#70Investing in boring index funds has produced 20% returns this year. Can't imagine it will happen again next yr but who knows. Actually I had an allocation in Apple which has had a crazy year..up 60% or so to all time highs.
curious, do you count unrealized gains as income as well? I also did some passive index fund investments but I only count cash dividends as actual "income".
I don't count my investments as income until I put the money in my checking account. I invested ~$40,000 some years back (over time), sold $20,000 a few years ago for a one time purchase (to get some family heirlooms back in the family), and have $120,000 left. The current plan is to retire on that money for a year before I start touching my actual retirement funds - of course once I get closer to retirement I'll actually calculate how taxes impact this plan.
For the most part though I ignore it. The best returns consistently go to investors who have forgotten about their account.