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Ask HN: What was your best passive income in 2018?

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Re: Ask HN: What was your best passive income in 2018?

#101

Post by justaj »

anoncoward111 wrote: post #74
thrower123 wrote: post #47

Real estate. The downstairs apartment gets me a cool $1700 a month for almost no work. If you're going to buy a first house, it's worth it to go for a multifamily; up to four units you can still get in under FHA, you just have to live in one for a couple of years.

Until they stop paying rent and trash the place and squat and sue you for any imperfection such as accidental loss of heat in the apartment, while simultaneously not letting the boiler repairman in the house.

Couldn't that be covered with a decently written contract though?

Re: Ask HN: What was your best passive income in 2018?

#102

Post by bdcravens »

lukasluke wrote: post #88

Started an online course on algorithmic trading at https://algotrading101.com and some Udemy courses 4 years ago. Revenue peaked at $20k/month 2 years ago and is less than half of that now. That's probably because my SEO rankings plummeted this year, and that people seem less and less eager to pay for online courses. Maintaining the course is quite passive (answering students' questions by email) but growing revenue…

What's the split between your site and your Udemy courses? Udemy seems tempting due to reach and discovery, but their eternal $10 "sale" doesn't give me an encouraging feeling about the cost/benefit.

Re: Ask HN: What was your best passive income in 2018?

#103

Post by qnsi »

Benjamin_Dobell wrote: post #22
Simon_says wrote: post #15

Alright. I'll be that guy. I look at your list of side projects and I see nothing that's remotely passive. They all look like tons of work! My best passive income this year is my index funds -- for instance, the S&P 500 is up 3.9% year-to-date, and I've cumulatively spent under an hour this year thinking about it. Hard to imagine what else besides investments qualifies as passive. Maybe real estate? But how passive t…

I think it's pretty well understood that passive means without requiring on-going work, support or maintenance. Even investing takes up-front work in the form of research and to actually setup the investment.

you don't need that much research to invest in index fund

Re: Ask HN: What was your best passive income in 2018?

#104

Post by MegaLeon »

- I have a self-published book at http://discover-haxeflixel.com/. Makes around 70£ per month.

- I've got several android apps at https://play.google.com/store/apps/developer?id=leoncvlt. together they bring in about £80 a month. One of them, however, was recently picked as 'editor's choice' by google and this month alone brought in £600, hopefully it keeps some of that steam.

- Built https://cosflowy.com/ in the last year, my biggest project to date which ironically brings in the least, just enough to pay for server costs. Need to do more marketing work, but I find it twice as tiring than actual development itself.

Lots of small things but no golden bullets yet. I'll keep trying!

Re: Ask HN: What was your best passive income in 2018?

#105

Post by technological »

Made 2$. I created WhatsApp Business Account ( Basically WhatsApp Business App for Business) and I help people with their questions. For example someone pinged and asked what is best tv to buy during black Friday. I see people value for real human feedback

Re: Ask HN: What was your best passive income in 2018?

#106

Post by willio58 »

justaj wrote: post #101
anoncoward111 wrote: post #74

Earlier quoted context omitted.

Until they stop paying rent and trash the place and squat and sue you for any imperfection such as accidental loss of heat in the apartment, while simultaneously not letting the boiler repairman in the house.

Couldn't that be covered with a decently written contract though?

That and taking the time to actually interview your applicants thoroughly.

Re: Ask HN: What was your best passive income in 2018?

#107

Post by t0mislav »

bemmu wrote: post #86
t0mislav wrote: post #49

Earlier quoted context omitted.

Correct, there was no advertising. At first, It was not even plan to make money from this site. It was to learn few new things. In first year, I maybe leaved link on one or two subreddits, with not too many subscribers. I had little bit of traffic from reddit. I had this url also in signature in 2 discussion boards, but boards were in Croatian language. So only little bit of traffic from there. Then after some time I…

Just people searching for "random country"?

Little bit of "random country", "random place", "random country generator" and few more similiar phrases.

Re: Ask HN: What was your best passive income in 2018?

#108

Post by yurishimo »

blastofrocks wrote: post #96
anoncoward111 wrote: post #77

My bank account pays me $93 a month in passive income. This is truly 0 effort and is almost enough to afford Thai rent

93 $ a month, how much rate of interest does your bank pay ?

If you have a 2% interest rate, 10-15k in your account will generate that amount monthly. Totally doable if you’re living in a country with a COL that low to begin with.

Re: Ask HN: What was your best passive income in 2018?

#109

Post by anoncoward111 »

justaj wrote: post #101
anoncoward111 wrote: post #74

Earlier quoted context omitted.

Until they stop paying rent and trash the place and squat and sue you for any imperfection such as accidental loss of heat in the apartment, while simultaneously not letting the boiler repairman in the house.

Couldn't that be covered with a decently written contract though?

Cant collect damages if the tenant is flat broke :/

Re: Ask HN: What was your best passive income in 2018?

#110

Post by fdw »

fadys wrote: post #99
fdw wrote: post #89

Earlier quoted context omitted.

Thanks, I was wondering if you can parse all comments for a link to Amazon or something (but even that probably wouldn't get the recommendations without links). At least for me, OneLink doesn't work. Apparently you need to be in the US, Canada or UK; the other countries aren't supported so far. Pity.

As you noted, you would still miss many recommendations without an Amazon link. But even so, that would kind of defeat the purpose; I don't just want to aggregate recommendations. I want to include, more so, the ones that are interesting than frequent. Additionally, besides books, I'll be posting other types of recommendations (travel, hardware, etc.).

Ah, thanks for clearing up my misunderstanding. That makes it even more interesting!
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