61–70 of 178 posts
I built a niche site dedicated to professional e-sports streamers (mainly focused on League of Legends). https://prostreams.gg It just launched a few weeks ago, but is on track for ~300K page views / month. The top 5% of users spend over 8 hours / week watching content. Looking to grow the site first, then monetize through affiliates and advertising.
To me, passive means little or no ongoing time investment. If we are looking at "best" in terms of revenue, then dividends from investing in the stock market are by far the best source of passive income I can imagine. I've got a 1.5x leveraged portfolio over on IBKR that is currently yielding ~2.9% dividends across a wide range of sectors. I am paying ~1% in margin fees at the moment, so I basically get to use their…
I sell two products on Gumroad. One is an ebook about AWS, and the other is a 1.5hr video about building on audience. Sales past 12 months: $290K - Dec: $25K - Jan: $26K - Feb: $8K - Mar: $9K - Apr: $43K - May: $59K - Jun: $25K - Jul: $14K - Aug: $21K - Sep: $12K - Oct: $17K - Nov: $29K Profit: $256K https://twitter.com/dvassallo/status/1333888186762678274?s=2...
https://www.samurai-sudoku.com
https://www.fiendishsudoku.com
Begin long TSLA (since 2013), and trading options around the core position.
I sell two products on Gumroad. One is an ebook about AWS, and the other is a 1.5hr video about building on audience. Sales past 12 months: $290K - Dec: $25K - Jan: $26K - Feb: $8K - Mar: $9K - Apr: $43K - May: $59K - Jun: $25K - Jul: $14K - Aug: $21K - Sep: $12K - Oct: $17K - Nov: $29K Profit: $256K https://twitter.com/dvassallo/status/1333888186762678274?s=2...
There was a sharp rise in profits during April and May, could it be because of more people staying home and learning new stuff or is it due to any other strategy you adopted?
I sell two products on Gumroad. One is an ebook about AWS, and the other is a 1.5hr video about building on audience. Sales past 12 months: $290K - Dec: $25K - Jan: $26K - Feb: $8K - Mar: $9K - Apr: $43K - May: $59K - Jun: $25K - Jul: $14K - Aug: $21K - Sep: $12K - Oct: $17K - Nov: $29K Profit: $256K https://twitter.com/dvassallo/status/1333888186762678274?s=2...
Hey! I have been following you on twitter. Your tweets are very insightful. There was a sharp rise in profits during April and May, could it be because of more people staying home and learning new stuff or is it due to any other strategy you adopted?
Not sure if the pandemic helped; likely did a bit.
The stock market has had a ridiculous year. I'm mostly dull indicies, with a middling adventurous fund that has more than doubled in the last year; my investments increased by about 30% overall. My investments brought home more money than I did (I've been in full-time employment throughout) and I'm starting to wonder if Piketty wasn't on to something. Utterly passive and zero effort on my side; I just do what they sa…
Yeah, this has been a good year so far. I actually pulled a decent chunk of money out early on. I'd have been better off not doing so though it probably helped me sleep better through some of the swings. And, even so, it's been a good year with almost entirely passive investing. Of course, it's not just this year. Anyone who has been able to have a significant of money in the market over the past ten years with any r…
I do that by not looking. Didn't check the value of any accounts from about late March to September. Just kept putting my pennies in like always. Doing what they say has worked out pretty well so far; buy the dips, buy the peaks, buy whatever there happens to be the same time every month when I have some pennies to spare. The conventional wisdom on investing seems to work out so far. As you suggest, anyone just dumping it into index funds over the last decade has had a good ride.
I sell two products on Gumroad. One is an ebook about AWS, and the other is a 1.5hr video about building on audience. Sales past 12 months: $290K - Dec: $25K - Jan: $26K - Feb: $8K - Mar: $9K - Apr: $43K - May: $59K - Jun: $25K - Jul: $14K - Aug: $21K - Sep: $12K - Oct: $17K - Nov: $29K Profit: $256K https://twitter.com/dvassallo/status/1333888186762678274?s=2...
Cool. It looks like ad spend and affiliates really kicked things up a notch. Any advice on sane advertising spend strategies? Also which affiliates worked best?
As for affiliates, they bring about 7.5% of the sales. Not the most important source, but it's nice to have. I onboarded almost all my affiliates from this one tweet: https://twitter.com/dvassallo/status/1273335185946238976 — I have about 100 affiliates, but 95% of the sales came from the top 10.
My own Twitter account is still the main source of sales: https://twitter.com/dvassallo/status/1333889974362488833
Not really passive but almost. I sell bicycle bells on etsy[1]. It started with a friend that had the idea and later left the project. Initially I joined mostly because I was interested in finding a technical solution for how to print them. The fun tech is that I use a pen plotter. [2] I don't really make that much money selling them but at the same time I had a 400% increase in sales this year (Thank you etsy algori…