121–130 of 306 posts
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> My personal opinion is that retail investors love dividend stocks and they are more expensive than non-dividend stocks. This is absolutely not true, there's plenty of stocks around here with low P/E ratio and dividends. You just have to look outside of tech to find them.
Examples?
Followup question (if allowed). If your passive income involves software and you're also employed at a software company, how do you deal with the potential legal problems? Most contracts don't allow for commercial side projects and the company owns anything you create even outside of working hours. Do people just keep quiet and not tell their employer? How risky is it? I know some people who simply don't bother telli…
Well, they don't. This is an obvious case of common law. An employer is not your slave master. Don't use your employer's resources, and you're fine. Plus, most employers don't want the expense of having to operate a product they have no knowledge of.
In some states, like California, this is explicit. If the employer is in California, I believe that, even if they write this in the contract, it's completely unenforceable. Feel free to cross it out, or sign it. There's no way it'd hold up in court; they can't even argue for it.
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Many people can outsource to management companies that handle this for you in exchange for a percentage. I've seen averages around 10%, with some outliers (PenFed credit union I believe?) doing 7%.
Correct in my experience 10% is a good guideline. I actually set things up slightly different but essentially it follows the same process. I have service providers I negotiated and setup that manage different aspects for me, so most all I have to do is make an approval or call and I don't have to pay a percentage fee each month. I learned how to do this after I had a bunch of properties in the past and was paying 8-1…
My first book was published six years ago. The title is in my profile, if you're willing to click through for the plug. It has continued to sell well, and about two years ago I "earned out," meaning my royalties exceeded my advance, so now every six months I get a royalty check. I've also agreed to several deals that allow my book to be translated and sold in different countries. Those deals are usually on the small…
That is amazing, I have gifted your first book, "Experimenting With Babies" to almost all of my friends who had babies. Going to buy "Experimenting With Kids" now.
Back in the day it generated great income and warranted full time work, but these days it still generates some solid passive income. A lot of the traffic is from SEO, but we still have a small social presence and a healthy amount of repeat visitors.
Is anyone still making ad revenue?
I set them up years ago and averaged about £80/month. I was just thinking a couple of months ago that I'd not seen any "You've got payment" emails. So I went to check on my account, and despite serving a ton more traffic these days advert revenue just dropped through the floor.
I guess it is adblockers which killed the income for me. Anyway it was nice while it lasted, and I figured I'd just remove the adverts to increase page load-times.
I suspect if you have more niche content, or more tightly integrated adverts than Google Adwords you could probably still do OK. But adblockers really did rise from nowhere to become extremely common.
Roughly $1,500 a month or so with a web hosting affiliate site - https://www.whatsthehost.com/ There's decent money to be made but a ton of competition, so for newbies I'd recommend easier niches to start!
I have a website that attracts about 100 unique visitors a day and it brings me <$100/mo via Amazon Affiliate. Getting bigger than that requires a lot more traffic, which requires doing things like SEO research and marketing work which I'm generally too lazy to learn how to do.
Followup question (if allowed). If your passive income involves software and you're also employed at a software company, how do you deal with the potential legal problems? Most contracts don't allow for commercial side projects and the company owns anything you create even outside of working hours. Do people just keep quiet and not tell their employer? How risky is it? I know some people who simply don't bother telli…
Probably depends on the country you are in. I would never work for a company under those terms. What I program in my free time is my code. Sounds terrible that a company would even try to claim ownership of stuff you do or build in your free time.