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Ask HN: What are your passive income sources?

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Re: Ask HN: What are your passive income sources?

#111

Post by chad_strategic »

tiatia wrote: post #85
morgante wrote: post #80

Earlier quoted context omitted.

Err, what? I'm not sure where you got the idea that I'm actively managing my portfolio. The vast majority of my money is in index funds. In my view, a well-managed portfolio is one which aims to perform at market and no better or worse. > index fund are only good till that strategy doesn't work anymore. The day that index funds cease to be the optimal investment strategy (for most individuals) is the day that stocks…

>> index fund are only good till that strategy doesn't work anymore. > The day that index funds cease to be the optimal > investment strategy (for most individuals) is the day > that stocks overall have stopped being a viable > investment strategy. I believe that Index funds are a very good investment strategy. But before you make condescending remarks about the previous poster, you should read up a little bit. Index…

See above. No kidding. My point exactly.

Re: Ask HN: What are your passive income sources?

#112

Post by chad_strategic »

wayn3 wrote: post #79
chad_strategic wrote: post #78

Earlier quoted context omitted.

I have to laugh at "well-managed" portfolio. That's hysterical, in fact I'm still laughing. I might even wake up in the middle of the night and laugh. Silly, active managed portfolios never beat their benchmarks over the long run. Anybody in the financial industry knows that... and index fund are only good till that strategy doesn't work anymore.

"your investment strategy only works until it doesn't work anymore" say what?

Black Swan.

Re: Ask HN: What are your passive income sources?

#113

Post by morgante »

chad_strategic wrote: post #110
morgante wrote: post #80

Earlier quoted context omitted.

Err, what? I'm not sure where you got the idea that I'm actively managing my portfolio. The vast majority of my money is in index funds. In my view, a well-managed portfolio is one which aims to perform at market and no better or worse. > index fund are only good till that strategy doesn't work anymore. The day that index funds cease to be the optimal investment strategy (for most individuals) is the day that stocks…

>>> The day that index funds cease to be the optimal investment strategy (for most individuals) is the day that stocks overall have stopped being a viable investment strategy. Don't worry the day will come. ;) It's called a black swan. I'm not arrogant, I'm just well educated and a student of the market. If you study the market long enough you will learn it's nothing more than just a big casino run by the federal res…

It's hilarious that I'm being the one accused of arrogance when you're telling me to Google black swans and the tulip bubble as though I don't know what they are. You're being an asshole and patronizing me as though I don't know just as much about investments as you do.

Index fund over-investment is a red herring which is being promoted by active managers to try to justify their fees. In truth, the market balances itself out: the more passive money there is, the greater the returns to active management become.

In fact, looking through your comment history, you are in fact one of the pariahs of the internet who's trying to push your bogus options strategies on unsuspecting fools. Get lost and go spam somewhere else.

Re: Ask HN: What are your passive income sources?

#115

Post by chad_strategic »

morgante wrote: post #113
chad_strategic wrote: post #110

Earlier quoted context omitted.

>>> The day that index funds cease to be the optimal investment strategy (for most individuals) is the day that stocks overall have stopped being a viable investment strategy. Don't worry the day will come. ;) It's called a black swan. I'm not arrogant, I'm just well educated and a student of the market. If you study the market long enough you will learn it's nothing more than just a big casino run by the federal res…

It's hilarious that I'm being the one accused of arrogance when you're telling me to Google black swans and the tulip bubble as though I don't know what they are. You're being an asshole and patronizing me as though I don't know just as much about investments as you do. Index fund over-investment is a red herring which is being promoted by active managers to try to justify their fees. In truth, the market balances it…

No I'm not a pariah. I'm just tired of the arrogance of people that thinking they know everything about investing on Hacker news. (This has been an epic waste of my time, there is no economic incentive arguing with a d-bag such as yourself.)

You are only mad at me because you are unwilling accept/understand/comprehend an alternative investment strategy. As I said before I'm really sorry I disturbed your investment strategy, ultimately hurting your fragile feelings.

What it comes boils down to is that you are programmer that thinks he knows how to invest. https://xkcd.com/1570/

Hmm... get your research correct. I don't offer services to individual clients only institutions. I'm also regulated by the SEC.

Cheers!

Re: Ask HN: What are your passive income sources?

#116

Post by ddgflorida »

introvertmac wrote: post #109
ddgflorida wrote: post #107

I created http://convertcsv.com and make about $750 a month off google ads. I also have one affiliate link but it isn't producing much. I spend a few hours a week answering emails, and another 2-10 hours a month working on enhancements. As a developer I work with data a lot, and noticed the lack of tools for converting delimited data - so I created my own tools online.

How did you spread the word in early days of your project?(Any platform in particluar helped or performed better for marketing?)

No marketing, all traffic came from search engines. I focused on SEO from the start and that helped with the rankings. I also made sure my site was more functional than the competition. 100% client-side code.

Re: Ask HN: What are your passive income sources?

#117

Post by morgante »

chad_strategic wrote: post #115
morgante wrote: post #113

Earlier quoted context omitted.

It's hilarious that I'm being the one accused of arrogance when you're telling me to Google black swans and the tulip bubble as though I don't know what they are. You're being an asshole and patronizing me as though I don't know just as much about investments as you do. Index fund over-investment is a red herring which is being promoted by active managers to try to justify their fees. In truth, the market balances it…

No I'm not a pariah. I'm just tired of the arrogance of people that thinking they know everything about investing on Hacker news. (This has been an epic waste of my time, there is no economic incentive arguing with a d-bag such as yourself.) You are only mad at me because you are unwilling accept/understand/comprehend an alternative investment strategy. As I said before I'm really sorry I disturbed your investment st…

That XKCD is the epitome of why I tell people they should not try to build their own algorithms.

Yet you think an MBA and a few LAMP scripts qualifies you to dispense investment advice. Meanwhile I have actually run a fund with actual investors, but it's not something I recommend anyone try unless they are willing to do a lot of research and work on it as a full-time job.

You should really stop arrogantly assuming you know better than everyone else. I almost feel sorry for you, as your experience epitomizes the Dunning-Kruger effect.

Re: Ask HN: What are your passive income sources?

#119

Post by chad_strategic »

morgante wrote: post #117
chad_strategic wrote: post #115

Earlier quoted context omitted.

No I'm not a pariah. I'm just tired of the arrogance of people that thinking they know everything about investing on Hacker news. (This has been an epic waste of my time, there is no economic incentive arguing with a d-bag such as yourself.) You are only mad at me because you are unwilling accept/understand/comprehend an alternative investment strategy. As I said before I'm really sorry I disturbed your investment st…

That XKCD is the epitome of why I tell people they should not try to build their own algorithms. Yet you think an MBA and a few LAMP scripts qualifies you to dispense investment advice. Meanwhile I have actually run a fund with actual investors, but it's not something I recommend anyone try unless they are willing to do a lot of research and work on it as a full-time job. You should really stop arrogantly assuming yo…

Based on your continued responses and the fact your feelings are hurt, I'm wining this battle.

(I'm guessing you are millennial snowflake?)

Where can I sign up for your fund!

Oh I can end this fun... well because I do have better things to do:

You are right and I am wrong, there you go do you feel better now?

Re: Ask HN: What are your passive income sources?

#120

Post by morgante »

chad_strategic wrote: post #119
morgante wrote: post #117

Earlier quoted context omitted.

That XKCD is the epitome of why I tell people they should not try to build their own algorithms. Yet you think an MBA and a few LAMP scripts qualifies you to dispense investment advice. Meanwhile I have actually run a fund with actual investors, but it's not something I recommend anyone try unless they are willing to do a lot of research and work on it as a full-time job. You should really stop arrogantly assuming yo…

Based on your continued responses and the fact your feelings are hurt, I'm wining this battle. (I'm guessing you are millennial snowflake?) Where can I sign up for your fund! Oh I can end this fun... well because I do have better things to do: You are right and I am wrong, there you go do you feel better now?

You continue to lob ad hominem attacks instead of making any substantive arguments.

I'm wasting my time arguing with you. Starting a discussion by "laughing" at my portfolio without even knowing what it is is not an adult thing do to.

I really hope you listen to feedback and grow as a person. Right now you're carrying a lot of negativity around with you.

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