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Ask HN: Passive Income Suggestions 2016

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81–90 of 103 posts

Re: Ask HN: Passive Income Suggestions 2016

#81

I built http://www.randomnamepicker.net/ last year and now get's $30+ per month from Adsense. Complete passive except for few updates here and there.

slight correction:

"click the 'Spin' button."

Nope, button clearly says 'Play'. Might wanna fix that.

Also looks totally sweet :)

Re: Ask HN: Passive Income Suggestions 2016

#82

EXISTING: 1. Rental properties. Have 3 rentals that we purchased last year as part of a 1031 exchange (after selling the family ranch). I manage them and its been fairly low maintenance so far (knock on wood). FWIW student rentals in a university town aren't as bad as you might think. Most have a steady source of rent (parents or financial aid) and if you choose students in hard majors, they're less likely to party a…

> An API for lists.

I've written a few microservices for listing-lists, getting list-members, which generally just serve the contents of a JSON/YAML file.

I've done it often enough that I can see the value in a list-server, but equally it's something I'd struggle to see monetizing well, or even at all. How do you plan to handle that?

(Because in the worst case you can just be lazy and embed your list-data in your application itself as a lazy-loaded YAML file which is parsed on each request.)

Re: Ask HN: Passive Income Suggestions 2016

#83

EXISTING: 1. Rental properties. Have 3 rentals that we purchased last year as part of a 1031 exchange (after selling the family ranch). I manage them and its been fairly low maintenance so far (knock on wood). FWIW student rentals in a university town aren't as bad as you might think. Most have a steady source of rent (parents or financial aid) and if you choose students in hard majors, they're less likely to party a…

On lists I'd want: - a list of all possible domain name tlds (org, edu, info, etc)

https://publicsuffix.org

Re: Ask HN: Passive Income Suggestions 2016

#84

My approach is simple: invest the vast majority of all money after expenses into VOO (S&P 500 index fund). First max out tax advantage accounts like 401k and IRAs, then regular accounts. I have $1,100,000 in VOO. Trailing inflation adjusted returns are 7% ish. Call it $25,666 for the first 4 months of 2016. I KNOW market returns aren't smooth like this but it is a simple approach that works for me (I'm not selling th…

Same here. I invested far less on an S&P tracking index and have doubled my investment over the past 5 years...

Re: Ask HN: Passive Income Suggestions 2016

#86

Earlier quoted context omitted.

What neighborhood? I've been looking but NYC real estate just seems hella expensive and bubbly. So you're living there too?

Bed Stuy. I'd look there, Bushwick, eastern Crown Heights, Ridgewood, and similar neighborhoods with quick travel to Manhattan and near trendy areas. Bubbly? Maybe, but if your rental income covers or can cover the mortgage then it doesn't matter, is my rule of thumb, it's a great deal. The city has 500k more inhabitants in between 2000 and 2010, rent has only one direction to go given scarcity of housing - - while m…

Hey, that's really awesome. I'd really love to hear more about this from you personally! I live in Crown Heights right now. Would you be willing to maybe grab a coffee sometime? If so shoot me a message at zachfeldman at gmail!

Re: Ask HN: Passive Income Suggestions 2016

#87
post #7

I build a developer tool for premium plugin / theme authors in the Wordpress ecosystem. If you can build something that scratches an itch in a programming ecosystem, people are likely to pay for it. Although with the amount of work I do on it, I'm not sure I'd call it passive ;)

I'm right there with you. I have a free core plugin with add-ons, and while it's made more money than any of my previous ventures (plugins, SaaS apps), I'm no where near recouping my hours, and I'm currently in the middle of rewriting the whole thing...

Re: Ask HN: Passive Income Suggestions 2016

#88

My approach is simple: invest the vast majority of all money after expenses into VOO (S&P 500 index fund). First max out tax advantage accounts like 401k and IRAs, then regular accounts. I have $1,100,000 in VOO. Trailing inflation adjusted returns are 7% ish. Call it $25,666 for the first 4 months of 2016. I KNOW market returns aren't smooth like this but it is a simple approach that works for me (I'm not selling th…

This is awesome - congrats on your success and saving. This is pretty what my financial strategy is. In another comment you said you first bought stocks in 1993 - were those the VOO or did you play around with buying individual ones for a while?

Any idea what the average amount you put in each year was? Just trying to get a feel for how long it will take me to hit that kind of number.

Re: Ask HN: Passive Income Suggestions 2016

#89

EXISTING: 1. Rental properties. Have 3 rentals that we purchased last year as part of a 1031 exchange (after selling the family ranch). I manage them and its been fairly low maintenance so far (knock on wood). FWIW student rentals in a university town aren't as bad as you might think. Most have a steady source of rent (parents or financial aid) and if you choose students in hard majors, they're less likely to party a…

> An API for lists. I've written a few microservices for listing-lists, getting list-members, which generally just serve the contents of a JSON/YAML file. I've done it often enough that I can see the value in a list-server, but equally it's something I'd struggle to see monetizing well, or even at all. How do you plan to handle that? (Because in the worst case you can just be lazy and embed your list-data in your app…

Yeah, I often use the YAML or PList approach myself. My initial pricing experiment will be something like:

1. Buy any single list one-time for $9 (as a JSON/YAML/PLIST download)

2. Pay $49 per year for API access to all lists

Re: Ask HN: Passive Income Suggestions 2016

#90

I built a themes website ( https://jekyllthemes.io ) in a weekend that's monetized using affiliate links and Adsense. After the initial work was done, it's virtually 100% autopilot and brings in around $80/mo.

You would make much more if the hosting weren't so slow.
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