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Ask HN: What passive income investments exist to supplement your salary?

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Re: Ask HN: What passive income investments exist to supplement your salary?

#101
post #80

Earlier quoted context omitted.

There's something about this that just makes me really sad. I guess being in my late 30's I hold on to the flawed notion that there is sanctity in something that is 'published'. Does anyone here want to read a book that wasn't written by an expert on the topic? How upset or sad would you feel if you spend several hours reading a book only to discover it was produced by an opportunist who picked that keyword and asked…

Who says the ghostwriter is not an expert on the topic? The above is quite similar to a startup incubator, there is a demand in the marketplace that's unmet, one hires people to meet that demand and develop a product after which customers buy it.

$1000 says he isn't.

Re: Ask HN: What passive income investments exist to supplement your salary?

#102

Earlier quoted context omitted.

Who says the ghostwriter is not an expert on the topic? The above is quite similar to a startup incubator, there is a demand in the marketplace that's unmet, one hires people to meet that demand and develop a product after which customers buy it.

$1000 says he isn't.

Maybe. Looks like the OP says his books are pretty good with high ratings and a high volume of ratings as well, so they must be enjoyable enough to the people who buy them.

Re: Ask HN: What passive income investments exist to supplement your salary?

#103
post #75

Earlier quoted context omitted.

Which currencies? How much have you had to stake to make these kinds of returns?

I just stake decred. Years ago I was much more ambitious and after losing money in multiple exchange hacks, and then losing nearly everything again in the ethereum DAO exploit, I will never again leave coins around outside of my own custody. Few cryptos let you stake easily while maintaining complete custody of your coins Last I checked, I averaged just over the current annual roi at about 5%, but back in 2017 roi wa…

Cool thanks for sharing. The volatility can get brutally expensive. I sell NFTs for ETH, which of course have to pay income tax on, but if suddenly ETH tanks.... ouch

Re: Ask HN: What passive income investments exist to supplement your salary?

#105

I use an automatic saving from my bank-account to a investment-robot that my bank provides that automatically buys shares in different funds, I would say it gives 10-20% back and requires zero effort, took less than an hour to setup

Which bank is that? Can you setup a ceiling?

Re: Ask HN: What passive income investments exist to supplement your salary?

#106

Staking cryptocurrency in a very conservative way has produced the following incomes: $4600 - 2017 $23,000 - 2018 $3700 - 2019 $2500 - 2020 2021 is shaping up to look like 2018 again but I haven't run the numbers

In how far are your investments "passive"? What does "conservative" mean?

I mean, with ETFs I'd trust that eventually they will increase in value (again) but given the high volatility of cryptocurrencies, I'd probably be selling and re-investing at a much higher frequency.

EDIT: Never mind, I now see your other comments and read up on "staking"[0] and "decred"[1]. Looks like I've been out of the loop.

[0]: https://staking.com/

[1]: https://staking.com/decred/

Re: Ask HN: What passive income investments exist to supplement your salary?

#107
post #77

Earlier quoted context omitted.

Here exist companies and individuals that do it. In fact is unusual your rent is directly to the owner, is the norm you pay the "Arrendadora" instead. The case of apartment is a bit different. All complex have "administration" that everyone pay, but this is mostly in "closed complex". If the building is in the open, is more common is a person that take the role. BTW: I'm close to Medellin in a town called El carmen d…

Gracias, parce, por su respuesta! :) (Incidalmente, el lugar donde quería buscarme un apartamento es Medellín.) > All complex have "administration" that everyone pay, but this is mostly in "closed complex". Would this administration also take care of fixing things and taking on the role of "arrendador" if I, as the owner, rent out the apartment to someone else? (Provided I pay them, of course.) Or would I have to hir…

In the closed ones I lived before they pay for most stuff. I don't remember exactly where is the line (but is part of the agreements and part of the law what they can do. For example, some set a end-time for loud parties)

Re: Ask HN: What passive income investments exist to supplement your salary?

#109
post #80

Publish books on Amazon. I've published 4 and make about $3k in profit per month, after paying for ads on amazon. Don't write them yourself, that's a lot of work. Instead, do key word research about what books sell in non-fiction categories (fiction is a whole different ballgame). Look for keywords that 1) auto complete in the amazon search bar, and 2) have less than 4,000 matching books, and 3) have an average Amazo…

There's something about this that just makes me really sad. I guess being in my late 30's I hold on to the flawed notion that there is sanctity in something that is 'published'. Does anyone here want to read a book that wasn't written by an expert on the topic? How upset or sad would you feel if you spend several hours reading a book only to discover it was produced by an opportunist who picked that keyword and asked…

On the one hand, I agree. On the other, Sturgeon's law. Surely you remember how terrible most of the books were in the tech section of B&N or Borders. Why should some publishing house that published a bunch of "X For Dummies" books be the only ones in on the game?

Re: Ask HN: What passive income investments exist to supplement your salary?

#110

Earlier quoted context omitted.

What kind of topics do you write about? Is it programming/reference material like "Mastering framework X in lang Y"?

I won't say what category I focus on, but I will say that programming books don't sell well, in general. Some do quite well, but most don't.

Thanks yea that's what I figured, it's all about finding that niche and going for it.
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