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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?

#701

Post by treistab2 »

My friend and I made an online course for User Experience Design, and sold it on Udemy. So far we have about $40,000 in enrollment revenue, which yields about $20,000 in profit that we split. We are looking into doing more courses, but aren't sure yet what to teach. If anyone wants to collaborate on a project, we have a full studio and all of the equipment.

Here is a link to the course: https://www.udemy.com/user-experience-design-the-accelerated...

In addition to that project, I also launched an online store for design patent artwork. To do this, I downloaded images of patents from the US Patent Office Database, paid a virtual assistant $1/hour to clean them and standardize the proportions, then using a Photoshop Action applied in Batch, I generated all of the images. After getting all of the images, I built an online store and integrated with printing and fulfillment service using Woocommerce and a Restful API - so when orders are placed, it triggers the artwork to be printed, and shipped, automatically. I now make about $300/month from that project and spend about 10 minutes/week managing it.

Here is a link to that website: www.PatentArtStore.com

Anyone have any suggestions for my next project?

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

#703

Post by nether »

robius wrote: post #523
n-exploit wrote: post #458

Earlier quoted context omitted.

What type of returns are you seeing? How has it performed in down periods? What's your beta?

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…

> it's a steady upward slope, even through down times.

Exactly what Madoff's returns looked like. I googled the guy behind Fractalgo, Rich Clifford. Looks like he's been through some shady dealings.

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

#704

Post by inafewwords »

kohanz wrote: post #308

This was pretty accidental, but to motivate myself to complete the arduous application process for my professional engineering license, I creates a WordPress blog documenting the process. Also because I thought I would learn something new (setting up WP blog) and this seemed very "shippable". I completed the application process over the course of a year and haven't written a blog post in over a year. Thanks to a comp…

Ask for permission to publish, or do interviews of those that sent you messages about their own process. Ask them for their criticism of what on the site helped and didn't help and publish that, too. That might help others.

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

#706

Post by jklepatch »

hackerboos wrote: post #248
nchrys wrote: post #226

Earlier quoted context omitted.

I have read a lot about passive investing (The Intelligent Investor, Mr Money Mustache etc.) but I live in France and it does not seem as simple as in the US to invest in a SP500 index fund for example. Especially if you want something that is quite tax efficient. Does anyone have any advice?

France doesn't have an ISA/Roth IRA/TFSA equivalent? Google tells me - PEA (Plan d'Epargne en Actions) - but this info was from 2006.

Thats right. With a PEA you can avoid capital taxes provided you hold your stocks long enough.

As per how to open a brokerage account for alien non US resident, several years ago I managed to open an account at interactive broker while living in hong kong. They have among the lowest fees of all brokers and good software. Pretty sure its also possible to open an account while residing in france.

One thing to note though: as an alien non US resident, any US dividends will be taxed at 30pct in the US, directly deducted by the brokerage company

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

#707

Post by myroon5 »

codecamper wrote: post #697
myroon5 wrote: post #3

Using Lendingrobot - an automated p2p lending service

I used lending robot. I used the middle of their risky / safe bet slider, tending toward the conservative side. I'm going to end up LOSING MONEY as many of LC's loans are going delinquent. Joy.

This is sad to hear. How many loans do you have in your portfolio?

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

#708

Post by kohanz »

fapjacks wrote: post #689
kohanz wrote: post #687

Earlier quoted context omitted.

Thanks for the recommendation. It looks very promising and I tried signing up, but unfortunately they require a minimum of 10k monthly uniques and I'm not anywhere close to that.

Go ahead and sign up anyway. I didn't have that when I signed up, either.

FYI, I tried it and I think they've closed this loophole. Before any ad testing can begin, your account needs to be manually approved by someone who can verify your Google Analytics numbers. I was told I needed 15k uniques minimum.

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

#709

Post by brettz »

fpgaminer wrote: post #600
brettz wrote: post #379

Earlier quoted context omitted.

Yes, Pornhub uses a mix of JPEGmini and our own image optimization.

@brettz, not sure if you work for PornHub or not, but if you do and this question isn't weird for here: do you know if PornHub would be interested in a video superresolution service tuned specifically for pornographic content? i.e. upscale SD to HD or HD to UHD, but with state-of-the-art algorithms that go far beyond "dumb" upscaling. My friend and I are tinkering with the idea of starting a small service to do that,…

Sounds interesting can you email me more info

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

#710

Post by jboogie77 »

averageweather wrote: post #256

http://www.averageweather.io Only have made like $20 off Adsense, but I've got a lot more work to try and get this tool into passive mode: * working on selecting a date range * style up the site a bit more * maybe have users so you can save searches etc I get very valuable data that the travel industry would probably consider great leads, but I'm just figuring out what to do with it all. Edit - and fill out these gra…

how many visits do you get daily/monthly to get 20$?
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