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Ask HN: How can I make an extra 30-50k a year?

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91–96 of 96 posts

Re: Ask HN: How can I make an extra 30-50k a year?

#91
I'm surprised no one mentioned investing. You can make decent money from investing if you have the time to do the research.

And an understanding of how accounting/finance is better than being to do all the math since many of the stock information websites help you out with any kind of information you want to know.

Also using programming you can grab data from sites using Yahoo API or other APIs or simply webscraping(if they allow it) and produce your own tests on market information to prune information for resulting trades.

Re: Ask HN: How can I make an extra 30-50k a year?

#92
post #6

I would suggest domain name and website flipping, particularly to someone with your skill-set. http://www.quicksprout.com/2013/03/18/the-neil-patel-guide-t... http://www.dotsauce.com/2010/10/21/how-to-sell-domain-names/ Also, if you invest in generic term domains for the 2013-2014 GTLD landrush for quality extensions like .blog, .cars, etc. you stand to make a quick profit during the GTLD launches. Please do your res…

Please don't listen to this guy and leave domains alone.

In my books, professional domain squatters are scum and the rules that unfortunately allow this should be changed. You should not be allowed to squat like that on a public resource that is scarce and getting scarcer, this is a net loss to everyone else (except maybe the registrars, which are in on it).

Re: Ask HN: How can I make an extra 30-50k a year?

#94
post #40

If you can design, code, and talk business goals with non-technical people, it is highly unlikely that the W-2 rate paid by your current day job is in the near ballpark of what you'd reasonably expect to achieve by going into consulting at an appreciable fraction of full-time. Quitting your job and hanging your shingle as a consultant-who-solves-business-problems-with-technology will trade a lot of the certainty of y…

Let me put your point in plain words: Consulting currently pays a lot of money. You can make 6 figures without much hassles. Don't quit your job to start consulting without having a group of prospect to sell to. Build your prospects list first, by doing content marketing and networking in site like linkedin. If you want to take the business route, you can make that amount of money by automating tasks and selling the…

The original point was put quite simply and your "summary" has messages the original didn't. Just seems a weird way of adding your own opinion as when you start with "let me put _your_ point in plain words," you imply that you are still keeping the point the same, just rewording it, not editorializing.

Re: Ask HN: How can I make an extra 30-50k a year?

#95

Earlier quoted context omitted.

You know, I'm about to rant on an ideal that I hold. So what about money? Money is everything if you think about it. The second you stop having money is the second you are on the street without anything. So money is something . You can go through and live in a decent house with a decent car and you'll be happy if you make yourself happy but I just don't see how people can argue that money doesn't make you happy or ha…

Empirical evidence shows money does make people more happy. But there's a lot of if's and buts. It depends on current earnings and it also depends on what others around you earn and it levels off. And it's not logical in any way. Halving your wage but then quartering everyone else would make most people more happy (As per experiments) Commute time for instance is something studies show people don't realise the negati…

Money basically buys you happiness up until the point it gets you out of poverty. After that, the money/happiness ratio seems to flatten out (ie, poverty causes much unhappiness).

Re: Ask HN: How can I make an extra 30-50k a year?

#96
post #57

Earlier quoted context omitted.

Why wouldn't it work if the spread was high enough?

Sure. It would also help if the exchange took less than 10 minutes to execute trades.

Exactly. I'm writing a (low-frequency) arbitrage program in Clojure for fun, but the long confirmation time for BTC and the inability to move non-BTC currencies between exchanges greatly limits this in practicality.
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