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Ask HN: Your Passive Income Suggestions?

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71–80 of 236 posts

Re: Ask HN: Your Passive Income Suggestions?

#71
post #4

Save money and invest it.

But invested money is not really something that creates an income, unless it is really really much, right? Income in the sense of money that you can freely dispose.

Google "dividend investing" or "annuity investing". Some investments do pay out, fairly passively.

Re: Ask HN: Your Passive Income Suggestions?

#74

Earlier quoted context omitted.

I'm not saying you're wrong, but do you have data supporting this statement? I've been interested in peer to peer lending for awhile and this turns me off a bit.

I've made 8-10% per year (defaults included) for the past 2 years on lending club. There are investment limits based on your income that you legally have to follow. I believe its 5% of your income/assets max. They don't confirm your income/assets but there are regulations related to it. It also takes work to liquidate quickly. So if not selling notes on a second market you're locked into your investments for up to 5…

Thanks for this, didn't know there was a limit. Apparently it's 10% of your net worth [0] and there are other restrictions by state [1]. Which is a shame, because it beats the pants off the stock market.

[0] http://kb.lendingclub.com/investor/articles/Investor/Is-ther...

[1] http://kb.lendingclub.com/investor/articles/Investor/What-ar...

Re: Ask HN: Your Passive Income Suggestions?

#75
post #63

Amazon recently launched a new app store that pays developers by the minute in lieu of all other monetization techniques, it's great if you can come up with engaging apps. https://developer.amazon.com/public/solutions/underground

Am I understanding correctly that Amazon is only monetizing Underground through interstitials at app launch time? If so, I'm impressed.

For now yeah that's all they do, and the 'underground app' itself is tied in with your amazon.com searches advertising stuff you've been browsing.

Re: Ask HN: Your Passive Income Suggestions?

#77
post #68

Amazon recently launched a new app store that pays developers by the minute in lieu of all other monetization techniques, it's great if you can come up with engaging apps. https://developer.amazon.com/public/solutions/underground

"it's great if you can come up with engaging apps" ...and the Amazon app marketplace has a miraculous recovery and somehow because a legitimate revenue source. It probably speaks volumes how badly their device sales are on how likely that is.

It's not an App Store where someone could get a billion downloads, probably not even a million except maybe dragged out over a year.

But I netted $8k last month on Underground against 38k downloads, that's pretty decent.

Re: Ask HN: Your Passive Income Suggestions?

#78
post #29

Amazon recently launched a new app store that pays developers by the minute in lieu of all other monetization techniques, it's great if you can come up with engaging apps. https://developer.amazon.com/public/solutions/underground

One success story of a small company on Amazon Underground - https://medium.com/@PuzzleBoss/actionable-steps-to-make-mone... TL;DR: they have a Jigsaw Puzzle Android App and make shitloads of money on Amazon Underground.

That's me. I now have a Sudoku app launched too, and a new 1200 piece jigsaw to launch this month, and a word search next month.

Re: Ask HN: Your Passive Income Suggestions?

#79
post #59
post #4

Save money and invest it.

The question is about passive income, and, given interest rates, there aren't really any good options. If you're able to generate significant passive income at the ~2-3% rates[1], well, you probably already have a lot of money already, and should just focus on whatever you were doing to get that much. Way too many comments in the thread branching off yours are answering the wrong question -- "how to grow your money i…

> you probably already have a lot of money already, and should just focus on whatever you were doing to get that much.

You can inherit only once from your rich parents.

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