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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?

#651

Previously, as a developer evangelist with Twilio, I had to know the tech events and tech leaders in my local community. While I didn't figure out a repeatable approach then, in late 2015, it hit me. I built a bot network that reads tech events - mostly meetups, some conferences and workshops - for a given city from a variety of sources and tweets them. I use machine learning to determine hashtags, time of day to twe…

Well played sir. And thank you.

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

#652
post #250

$AMD + $ARRY

I'm relatively new to investing and started a year ago. $AMD was one of the companies I chose to invest in last December. I'm up 100+% (in GBP) on my AMD investment right now and planning to hold for another year. If Zen and Vega deliver (and I think they will) I'm confident I'll see 200% a gain in the next 6 months, possibly even close to 300%.

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

#653

I'm making between $3'000 and $10'000 Dollars with native apps/games and html5 games. I made much much more a few years ago but app store revenue is decreasing each month and all my latest apps made me nearly nothing. (My portfolio: http://intermediaware.com ).

I used to make native apps/games and some web games, and I was wanting to start making small games again, but I keep hearing how revenue has dropped precipitously for them and it makes me worried.

As someone who's experiencing the drop in revenue firsthand, what are you thinking of doing to address that? Shift platforms to PC/Steam? Change the designs of future games to reflect current trends, etc.?

I was considering I might just make games using a simple cross-platform tool like Love2D, keep the designs of the games small but addictive, single player only, no levels but can be played endlessly to failure (i.e. Tetris or 2048), either make them free with a simple consumable or a dollar, and distribute them on PC, Mac, iOS, and Android.

I don't expect to make a ton of money for most of them but I hope I'll get lucky with one of them and it becomes a hit. I have about 3 past web games to port and update that could work.

Does this seem feasible? What would you do differently?

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

#654

It seems like the vast majority of employment contracts prohibit side projects like this, or at the very least, require explicit company approval. I'm interested in hearing strategies on how to best pursue side projects without violating one's employment contract.

I'm in a state that is notorious for enforcing non-competes (in fact our enlightened legislature tried to make them even stiffer), but even my contract says my non-compete is only enforceable where a clear conflict of interest exists.

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

#655

Breville coffee grinders are impossible to get internal parts for. I designed a 3D printed upgrade for the main wear-part in their BCG800XL SmartGrinder. The storefront is through ShapeWays[1] and I use ifixit[2] to drive the traffic. It's passively making ~$425/mo with about 10 minutes of work per week on my end. This all happened because my grinder failed and I couldn't get parts. [1] https://www.shapeways.com/prod…

have you attempted to upgrade to an alloy based blade? Super cool side project.

Metal is too expensive still. Next step is porcelain. I made one prototype so far. It failed because the glazing process "puffed" the surface out of acceptable tolerance. I plan to inversely deform the mesh to compensate for this when I get around to another attempt.

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

#656
Tasktopus, is a lightweight, task manager for the desktop (Mac OS X, Windows and Linux). Tasks are managed on a Kanban-style board with Backlog, Doing, Done and Archived columns.

Built with Qt. 14-day trial on Gumroad[0]. Also available on Mac App Store[1].

MAS version has made me 40$/month. Gumroad version is better (lets you try it and lets you use same license key on all 3 platforms). However, I have sold only one license on Gumroad! I guess the MAS has better discoverability.

[0] https://gumroad.com/l/ADWm/tasktopus [1] https://itunes.apple.com/in/app/tasktopus/id1039688985

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

#657
post #340

Passive investing in commission-free index exchange traded funds (ETFs) along with a lazy portfolio explorer ( http://portfolios.lunean.com/ ) to analyze ETF portfolios (e.g. backtesting, portfolio comparisons, and ETF correlations).

You have a mess in fund names. I.e. "VTI 60% Total Bond Market ETF" etc.

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

#658

Earlier quoted context omitted.

He's saying "i live frugally, be like me" then doing something that doesn't scale. We can't all be the landlord, rent seeking.

He says: Earn a lot, spend little, invest the difference. Once the revenue of your investments covers your spending, retire. That's what he's saying. And the key is indeed living frugally, which makes it all easier. And yes, he rents out houses, that's his investment. I don't see anything wrong with this. If everyone was a landlord, then that would be a pretty bad investment now would it?

I disagree with his wealth appropriation and the idea that he is somehow living frugally whilst relying on that appropriation. Fundamentally we cannot all claim the labour of others using the system to force their hand.

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

#659
post #631

Earlier quoted context omitted.

I deeply admire your motives. Am not trying to remove that pleasure from your life, but I will say that very often people who pay tend to appreciate and value one's work product more than if it's free. Thanks for the thoughtful answer.

Thank you! Yes, I do understand that folly regarding money. Money tends to bend reality, there are many psychological experiments done with money, for instance: spending physical money induces more pain than spending money using a card, that's why it is recommended to carry cash around the next time we do shopping (read this in a book Thinking Fast and Slow and observed in real life) I know you aren't trying to remov…

LOVE the Vue.js book. Thanks for pointing me to it. It's a timely contribution for my work. For a non-writer, you're a damn good writer. Thanks for all your contributions.

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

#660
post #13

Young hackers who have a surplus of income and have funds to spare that aren't being channeled toward debt / family / donations, heed me: save as much of your salary as you can, and put it in boring investments (index funds / etc), probably through vanguard.com (no affiliation, I just use them and have heard nothing but good things from people I trust). You can pretty easily set up your job's direct-deposit system so…

Oh, I invest the automated way too and figured that's the best way given I know this is important for nest egg and such and I want to spend as little time as reasonably possible managing investments . For my Indian friends here (or people interested in investing in the Indian market), I'd suggest http://scripbox.com (no affiliation, just a happy customer). I started a year ago when I was 25, and am glad I started thi…

Do you have any thoughts or sources on Indian micro-loan investments? It looks like a way to help people in need while gaining some profit off their success. I'm more interested in the former, but I do not wish to simply donate. I do not believe it to be the way to go about these things.
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