81–90 of 306 posts
Not exactly passive, but side hustle that I hope becomes main hustle: https://simplescraper.io Tryna fill the gap that Kimono left. Aim to post as a Show HN once I polish it a little more.
This looks really cool, I was disappointed when Kimono was shut down. Please reach out to me (email in profile), I would like to learn more about your product.
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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.
> My personal opinion is that retail investors love dividend stocks and they are more expensive than non-dividend stocks. This is absolutely not true, there's plenty of stocks around here with low P/E ratio and dividends. You just have to look outside of tech to find them.
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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 $120,000 left. The current plan is to retire on that money for a year before I start touching my actual retirement funds - of course once I get closer to retirement I'll act…
Github sponsorship 750$ per month
Followup question (if allowed). If your passive income involves software and you're also employed at a software company, how do you deal with the potential legal problems? Most contracts don't allow for commercial side projects and the company owns anything you create even outside of working hours. Do people just keep quiet and not tell their employer? How risky is it? I know some people who simply don't bother telli…
> Most contracts don't allow for commercial side projects and the company owns anything you create even outside of working hours. Those are terrible terms. You should never sign something like that.
It has continued to sell well, and about two years ago I "earned out," meaning my royalties exceeded my advance, so now every six months I get a royalty check.
I've also agreed to several deals that allow my book to be translated and sold in different countries. Those deals are usually on the small side, but the only work involved is picking up a pen and signing the paperwork.
The success of that first book has allowed me to write several related books, and while the advances I've received for those don't count as passive income, my hope is that they will generate some passive income in the future, if I should be so fortunate as to earn out again.
To anyone who is thinking about writing a book, I offer this advice:
There are some cases where it makes sense to self-publish even if you can get a book deal. Niche e-books on technical topics written by people with large built-in audiences are one example.
But in general, if you can get an agent, get an agent, and if you can get a book deal, get a book deal.
Not exactly passive, but side hustle that I hope becomes main hustle: https://simplescraper.io Tryna fill the gap that Kimono left. Aim to post as a Show HN once I polish it a little more.
I built MerciCookie ( https://www.mercicookie.com/ ) an API to send cookies to customers, partners... I'm in France but we can send cookies in all Europe, US...
I sell a web service that randomly texts your kids to call you. Or reminds you to call your parents. https://www.callyourmomanddad.com