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Ask HN: Passive Income Suggestions 2016

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Re: Ask HN: Passive Income Suggestions 2016

#91

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 :)

The craigslist theory of design. It'll cost him a month's worth of revenue in labor to change it!

Re: Ask HN: Passive Income Suggestions 2016

#92

Earlier quoted context omitted.

> 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

That's an interesting pricing model, thanks for sharing.

I guess the key to drive subscriptions would be to ensure that your data-sources were updated constantly (where appropriate). I know in the past I've struggled to handle updates to things like UK postal-codes, where additions are frequent and omissions lead to errors being presented to clients.

Re: Ask HN: Passive Income Suggestions 2016

#93

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.

Do you mind sharing the traffic you're getting that translates to the adsense revenue? Static single-purpose sites like this one are an interesting way to generate passive income (think a small network of useful pages).

Re: Ask HN: Passive Income Suggestions 2016

#94

Earlier quoted context omitted.

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

That's an interesting pricing model, thanks for sharing. I guess the key to drive subscriptions would be to ensure that your data-sources were updated constantly (where appropriate). I know in the past I've struggled to handle updates to things like UK postal-codes, where additions are frequent and omissions lead to errors being presented to clients.

Yeah, good updates are important but something I think can be mostly automated.

BTW, if you're interested in teaming up on it at all, by all means get in touch. I'm never opposed to a capable partner.

Re: Ask HN: Passive Income Suggestions 2016

#95
post #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.

Save 2k a month and you can do it in 21 years. I'm saving more like 5.5K/mo now.

This is a great read: http://www.mrmoneymustache.com/2012/01/13/the-shockingly-sim...

Re: Ask HN: Passive Income Suggestions 2016

#96

Earlier quoted context omitted.

That's an interesting pricing model, thanks for sharing. I guess the key to drive subscriptions would be to ensure that your data-sources were updated constantly (where appropriate). I know in the past I've struggled to handle updates to things like UK postal-codes, where additions are frequent and omissions lead to errors being presented to clients.

Yeah, good updates are important but something I think can be mostly automated. BTW, if you're interested in teaming up on it at all, by all means get in touch. I'm never opposed to a capable partner.

I think the programming side is trivial enough that you'd probably not benefit from my help/involvement.

The harder part is gathering accurate data, working out what lists users even want, and the promotion of the service/site. These last parts are the ones I'd struggle to be useful at.

Re: Ask HN: Passive Income Suggestions 2016

#97

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.

Do you mind sharing the traffic you're getting that translates to the adsense revenue? Static single-purpose sites like this one are an interesting way to generate passive income (think a small network of useful pages).

I get 200+ visitors and 1000+ pageviews each day and analytics shows an upward trend.

Re: Ask HN: Passive Income Suggestions 2016

#98

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 :)

Thanks for the feedback. I'll fix this in the next update. :)

Re: Ask HN: Passive Income Suggestions 2016

#99
post #58

Earlier quoted context omitted.

Couldn't you monetize better with some niche related affiliate products?

Not using any affiliate links so far. I am working on a eBook that i want to self-publish via Amazon that is related to those topics, then market that book via the videos.

You should check out this link: http://bit.ly/ebookjamesaltucher

Re: Ask HN: Passive Income Suggestions 2016

#100
post #88

Earlier quoted context omitted.

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.

Save 2k a month and you can do it in 21 years. I'm saving more like 5.5K/mo now. This is a great read: http://www.mrmoneymustache.com/2012/01/13/the-shockingly-sim...

2K is my salary!, I can't save more than 500euro
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