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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?

#121

Post by satvikpendem »

w0de0 wrote: post #118
satvikpendem wrote: post #102

Earlier quoted context omitted.

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.

I’m sure we can trust the self publisher of a ghostwritten unedited cost-first keyword-selected book to never employ fake reviews. He’s only here to provide what’s best for his customer.

That's pretty disingenuous to say they employ fake reviews, regardless of whatever your opinions of self publishing are.

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

#122

Post by caffeine »

polygotdomain wrote: post #47
throwaway088 wrote: post #7

So, about renting, I bought a single family home for $500k in bay area. It now is worth $1M. Gets me rent before expenses of $40000. So far, I have spent about $5k per year on. Repairs etc. So effectively, I make about $20k after taxes, repairs, mortgage interest etc. Overall, I spent $350k by way of downpayment, mortage interest payment, etc. No major tenant issues. Hence, I would peg my return on investment of 5% i…

FWIW, your returns are likely significantly above the 5% mark you're referencing. You haven't factored in the unrealized gain of 500k, which would significantly change your returns. All in all, you've got a cash flow positive real estate asset who's valuation has doubled. Unless you purchased 15 years ago, you're likely looking at returns in the mid twenties. My advice; learn how to actually put together a DCF model…

Pretty sure that’s Discounted Cash Flow

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

#123

Post by louissm_it »

impostervt wrote: post #32

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…

Maybe I'm being dumb - and there certainly is no rule written in stone about this - but I expect a level of craftsmanship and dedication from published books that only comes from years of research/experience. I would hate to spend my dollars and hours reading a book only to discover it was written by some ghost writer. It's the kind of thing I expect from a Medium article.

I can't exactly point out what, but it feels gross.

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

#124

Post by louissm_it »

laserdancepony wrote: post #88
impostervt wrote: post #32

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…

You are a Ferengi, we get it.

"They're greedy, misogynistic, untrustworthy little trolls, and I wouldn't turn my back on one of them for a second."

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

#125

Post by outro_macros »

Murgen_90 wrote: post #114
outro_macros wrote: post #54

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

What's your ROI like? Do you have a big initial investment to get this kind of income?

ROI is just under 5% right now

Minimum entry into decred staking is 37,000 USD unless you look into ticket splitting

I have over a few thousand decred which I'm already planning to never sell so staking is a no-brainer. My cost-basis is probably $25 so my initial investment was much lower

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

#126

Post by awillen »

brundolf wrote: post #2

I would point out that renting out a condo is not a passive investment; keeping up with tenants, doing cleaning and maintenance, etc. can be a full-time job (maybe less so for a condo than a house, but still). And as we here probably know, maintaining a website is not necessarily passive either, and I would imagine the same is true of a vending machine. These are projects, and at some point they become businesses; no…

You can hire a property manager who will take a percent and turn it into almost entirely passive income. This is what I do with my properties, and all I do is approve expenses over a certain level and forward tax docs to my CPA at the beginning of the year.

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

#127

Post by jbjbjbjb »

antaviana wrote: post #112
logikblok wrote: post #24

I'm in the UK and there are quite a few services now that invest your money into property and infrastructure loans as peer to peer loans. I've invested in quite a few and see ~£50 a month as gains across the total set. I usually either reinvest or I pay out and buy into other investments. I could increase my exposure here but I think I'm at a comfortable level for my risk appetite. For me this is investing in propert…

Is £50 a sizeable return in the UK?

I opened up a couple of those links and found tax free returns of 3 to 4.5%, so not very enticing.

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

#128

Post by simooooo »

antaviana wrote: post #112
logikblok wrote: post #24

I'm in the UK and there are quite a few services now that invest your money into property and infrastructure loans as peer to peer loans. I've invested in quite a few and see ~£50 a month as gains across the total set. I usually either reinvest or I pay out and buy into other investments. I could increase my exposure here but I think I'm at a comfortable level for my risk appetite. For me this is investing in propert…

Is £50 a sizeable return in the UK?

About enough to cover your broadband bill

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

#129

Post by turtlebits »

throwaway088 wrote: post #53
yeswecatan wrote: post #29

Earlier quoted context omitted.

What about depreciation and lowering your taxable income?

My tax advisor said that for our income levels, it will not decrease or increase any tax brackets.

Regardless of income, you can defer depreciation to a future tax year.
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