Zero.
I put every penny of it to good use.
Ask HN: What is your yearly passive income?
81–90 of 109 posts
Re: Ask HN: What is your yearly passive income?
#82Earlier quoted context omitted.
Have you look to professionally managed portfolios?
Well, I don't trust professionally managed products (I'm in France as well btw) for various reasons. Basically I think in the long run it's better to manage your portfolio yourself. I'm sure I could get a better return if I was putting more effort into it, but I'm lazy so I don't mind. Also, at least if I don't earn much I only have myself to blame.
[deleted]
Re: Ask HN: What is your yearly passive income?
#83Earlier quoted context omitted.
Ah, yes. I forgot to mention that; the "fund controllers" take 1.25% of my portfolio. The last 5 years it seems to have increased 12,6% in average, though, so I'm not that worried. If I had controlled it myself, well, you get the idea... :)
That is a crazy high expense ratio. Schwab offers an S&P 500 index fund for 0.03% https://investor.vanguard.com/investing/how-to-invest/impact... http://financials.morningstar.com/fund/expense.html?t=SWPPX&...
And 12.6% is a pretty good return.
Re: Ask HN: What is your yearly passive income?
#84Not including anything from the company I co-founded:
$10-$20 a month from publishing Hypersphere (a book written by the 4chan /lit/ board) which sells a few copies a month spread between Lulu and Amazon.
http://www.lulu.com/shop/anonymous/hypersphere/paperback/pro...
It was really fun self-publishing something and as an added bonus it's in the permanent collection of the MoMA Library.
Re: Ask HN: What is your yearly passive income?
#85I have a Linux/Programming/Tech Career YouTube channel ( https://youtube.com/c/tutorialinux ) that just hit 50k subscribers (yay!), and it makes around $450/month in ad revenue. I also made a poorly targeted and marketed practical system administration Udemy course last year, which does about $500/month. These projects, along with a few other small things, are on track to make around $15k this year. That's after abou…
How much time do you put into the YouTube channel per week / month? I'm seeing on average three 20 minute videos produced per week - so it's at least one hour, but I'd imagine each video takes longer to edit etc?
As I've started trying to be more professional about it, the time it takes to produce content has grown quite a bit.
20 minutes of me talking into the camera takes 2-4 hours to plan, outline, film, and edit.
30 minutes of screencast takes about 8 hours to script and film, and edit. The planning/research phase before that takes really long, because I try REALLY hard to avoid dependencies on jargon and specialized knowledge, to make the material accessible.
I'm actually about to experiment with a series targeted at more experienced sysadmins, where I can just improvise and work on a practical project without much planning or gradual explanation of the fundamentals. I'm hoping those videos will be much faster to create.
I spend a LOT of time thinking up and planning material, though -- not really sure how to count that.
Re: Ask HN: What is your yearly passive income?
#86I run a side project for sending business reminders: https://www.cronote.com Cronote made next to no money for 5 years, but slowly migrated its way to the top of Google for search of "text message reminders" and "sms reminders." I did a ton of work, made an iPhone app, changed the billing system four times and rebuilt the interface three times. I now have ~60 paying customers, but it only makes $300 per month after a…
I think your server is serving on port 4431, which is odd, so your link is broken unless you use https://cronote.com:4431/. You should serve on port 80 and 443.
Re: Ask HN: What is your yearly passive income?
#87Step 1: Save diligently (>30% of pre-tax salary)
Step 2: Invest in very conservative investments that throw off free cash (I personally like fixed income like US treasuries and municipal bonds). The operative word is "conservative" so that the passive income is reliable and can be treated as a permanent offset to lifestyle costs.
Step 3: ...
Step 4: $$$ -- As the income in Step #2 grows, it increases the savings ratio in Step #1 (a geometric series!).
This is a doable formula anywhere (I currently am working and raising a family in Silicon Valley) and I've achieved financial independence in about ~10 years. I still keep working to stay engaged.
Re: Ask HN: What is your yearly passive income?
#88Earlier quoted context omitted.
Ah, yes. I forgot to mention that; the "fund controllers" take 1.25% of my portfolio. The last 5 years it seems to have increased 12,6% in average, though, so I'm not that worried. If I had controlled it myself, well, you get the idea... :)
That is a crazy high expense ratio. Schwab offers an S&P 500 index fund for 0.03% https://investor.vanguard.com/investing/how-to-invest/impact... http://financials.morningstar.com/fund/expense.html?t=SWPPX&...
...but is it better? :)
Re: Ask HN: What is your yearly passive income?
#89+500/mo and growing after 5 months. Workable passive income is not a rare unicorn, but calling it "passive" is a misnomer. You have to work to get traffic, incrementally improve the product and handle bugs, etc. Perhaps we should call it what it usually is: "side" income.
Re: Ask HN: What is your yearly passive income?
#90I make around $2,000/year from a store on the Second Life marketplace [0]. I rarely log into SL anymore, except to move money out of my account, but the products I made back when I was active continue to sell. I've never done any advertising for them, so it's all based on organic search traffic and word of mouth. [0] https://marketplace.secondlife.com (1 USD = around L$250)
I wonder what kind of people use SL nowadays.