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Ask HN: What is your passive income 2019?

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Re: Ask HN: What is your passive income 2019?

#241

Post by crusty511 »

clintonb wrote: post #36
cabernal wrote: post #25

Earlier quoted context omitted.

How did you get started with this? I remember reading somewhere that stock photography is a nickel-and-diming business given that almost anyone can produce a half decent picture with modern cameras.

By no means am I making large amounts of money. I get about $1 per day from photos on Adobe Stock. I have a portfolio of about 300-400 images taken over the past 8 years. Every so often I’ll upload some new shots. About 1-2 times a year I’ll get a large buy (eg. $75+) from 500px, but I don’t upload there very often since they broke their Lightroom plugin.

Why did you choose Adobe Stock?

Are you uploading to any other stock agency?

Re: Ask HN: What is your passive income 2019?

#242

Post by rhlsthrm »

ImpressiveWebs wrote: post #182

My primary frontend blog/website ( https://www.impressivewebs.com/ ) is mostly passive, I post maybe one article per month, usually not even that much. The blog has been active for about 10 years, so I get lots of SEO traffic, which brings in about $400-500 per month. I also sell ebooks that are compilations of articles and tips from my newsletter (see below) on Leanpub and Amazon. ( https://leanpub.com/b/javascriptd…

This is awesome stuff. This is exactly the type of content I want to start creating (development blog, newsletters, etc). Do you think it's better to build your own blog site if you were starting now as opposed to using Medium or something?

Re: Ask HN: What is your passive income 2019?

#243

Post by crusty511 »

derwiki wrote: post #110
jvagner wrote: post #30

Earlier quoted context omitted.

Of what.. and does it amount to much in $? Curious, because I've looked on pixabay for some things that were wildly under-represented, and I had half a thought to fill those gaps, mostly for fun and I'm... close to it.

Just the same landscape/architecture photography I do anyway. It's more than I made from Shutterstock. Probaly $100/year? So it's definitely on the level of "beer money." https://pixabay.com/users/derwiki-562673/

Why have you chosen to upload photos to an "agency" that pays via donations? This doesn't seem like a guaranteed income for each photo that is licensed - particularly with the generous licence that pixabay places on each photo.

Re: Ask HN: What is your passive income 2019?

#244

Post by sjapkee »

bonoboTP wrote: post #73

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…

>the company owns anything you create even outside of working hours.

It doesn't legal in most countries even if it written in contract. So this is not a problem at all.

Re: Ask HN: What is your passive income 2019?

#246

Post by RhysU »

whack wrote: post #144
rinchik wrote: post #35

Earlier quoted context omitted.

curious, do you count unrealized gains as income as well? I also did some passive index fund investments but I only count cash dividends as actual "income".

If it is a liquid asset, you should count unrealized gains as income. If you invested $100k in VOO last year, and it is worth $120k today, then you have definitely made $20k in the last year. That's $20k that you can choose withdraw and spend, at any time. Just because you choose to reinvest the $20k (ie, by letting it ride) doesn't change the fact that you've made $20k. It's really the same as collecting $20k in div…

It's not the same on account of taxes. Gains are taxed when realized.

Re: Ask HN: What is your passive income 2019?

#247

Post by TheGrumpyBrit »

Not entirely passive, but I'm a Nominet registrar and buy/sell domains as my side gig. For the most part, this involves taking preorders for domains which have expired and are about to drop, then trying to catch them when they do. I also hold my own domain portfolio which currently consists of just over 200 domains. I generally have an idea for how to develop most of these, but I'm mostly just holding them until I get time to work on them.

Depending on what's dropping, my earnings from the domain side can vary drastically. It usually covers its own costs, and my best month so far (I only started in April this year) earned me around £1000

Re: Ask HN: What is your passive income 2019?

#249

Post by bluGill »

danaur wrote: post #174
bluGill wrote: post #154

Earlier quoted context omitted.

I plan to wait out the next recession - history shows most people lose more trying to avoid recessions than if they wait them out. Of course if I was closer to retirement that wouldn't work out. However that is why financial managers suggest a regular plan of diversifying into less risky (but lower return) investments as you get older. Target date retirement plans do that for you.

Could you link sources on this? Want to share with a friend

https://www.bogleheads.org is one I like.
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