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

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191–200 of 266 posts

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

#191

Mine is matrix homeservers maintenance [0], but it's not 100% passive, requires around 1-2 hours per week. Service "just started", so income is quite low for now. [0] https://etke.cc

You have yourself a testimonial, that made me chuckle! Being your own customer is fun though.

Yep, I literally my own customer, because my hs managed the same way as other customers :D

Sadly, not every customer wants to post review, because of privacy. I understand them, tho

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

#192

Earlier quoted context omitted.

Would you mind elaborating on why you dislike ETFs? From my point of view, they provide retail trades the opportunity easily to allocate a portfolio among various sectors. Does your dislike of ETFs extend to "old-school" mutual funds, or is there something about ETFs in particular that turns you off of them?

The criticism is that they do not lead to efficient allocation of capital (the point of the stock market) but rather a feedback loop where the ETF fund has to buy TSLA and AMZN because they are in the top 500, and that makes them worth even more, keeping the in the 500s forever, and not because they produce value and were deemed a good choice by a professional investor that did his due diligence, but simply because o…

If this is true it should be great for traders who are trading on performance/news/economy etc. when they made their profits they have an index fund wanting to buy their stuff so very liquid. But then such trading activity should allow price discovery and if not there is a gap for more traders

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

#193
post #10

I’ve got a share portfolio that generates a couple bucks a day in short share lending. Literally just tick a box to give broker permission. Nothing is risky free but looked into it and as best as I can tell it’s a pretty good deal. No inconvenience, not much risk etc

The problem with this though is that you are giving ammunition to those shooting at you. If their gambit succeeds (shorting), the value of your shares diminish. The net effect of doing this might not be entirely visible as a "smaller fish in the pond", but it is there none-the-less.

Not if you are buying for the long term. The shorters need to close their positions eventually so that’s a buy back. The shorters can’t be long term.

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

#194
post #96

Earlier quoted context omitted.

Additionally, BlockFi pays 8.6% APY on stablecoins. If you have any BTC, ETH, or LTC, they'll pay interest on those as well. Normally interest is paid in like-kind (e.g. a BTC balance generates BTC interest), but with the Flex option, you could have interest from all balances paid as one token. I chose to have everything paid in GUSD stablecoin, for instance, primarily to make figuring out taxes easier.

BlockFi's interest is a very attractive offer, but the risks you're exposed to aren't very transparent. What could happen that would impact the exchange rate of this 'Stable coin'? What risks exactly is one taking on for the 8.6% interest?

With crypto if it’s on an exchange then you can lose it. Not your keys and all that jazz.

Never worth the risk unless there is a legal insurance provided by the government which there isn’t.

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

#195
post #35

Other say how landlord ON USA are not that passive, but maybe do it in other countries? Here in Colombia being landlord is very good, because most use an agency that manage the property (collect the money and do some basic fixes). I probably have called the actual owner 1 or 2 times in a decade for approval for some fixes.

In Finland you don't buy apartments/flats, instead you buy a share of the company that owns the block. The housing-company takes a fee every month which is used for common-repairs, replacing the roof, etc. If you rent out your flat the tenant pays for their own insurance to protect their possessions, and the housing-company takes care of things like leaks, broken windows, etc. So being a landlord is mostly hands-off.…

There are two gotcha's (based on Swedish experience) your house company might change the rules not allowing rentals or simply deny you the right to rent because some renter broke the rules. The second one is the monthly fee, it is included in the rent but it can be changed by the management based on the building's need.

Another problem, at least here in Sweden, is that the law prohibits making an "unreasonable" gain on rentals so you can't compensate on bad periods by raising the rent.

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

#197
post #10

I’ve got a share portfolio that generates a couple bucks a day in short share lending. Literally just tick a box to give broker permission. Nothing is risky free but looked into it and as best as I can tell it’s a pretty good deal. No inconvenience, not much risk etc

The problem with this though is that you are giving ammunition to those shooting at you. If their gambit succeeds (shorting), the value of your shares diminish. The net effect of doing this might not be entirely visible as a "smaller fish in the pond", but it is there none-the-less.

>If their gambit succeeds (shorting), the value of your shares diminish.

The causality here seems kinda confusing. People shorting an equity doesn't make it go down automagically. They don't have control over that.

They might be right that the stock will go down, but more likely, the shares are going to be used by someone riding trends of some sort.

If you're a long term investor, you don't care about short term trends. If you're planning on holding the stock for _years_, regardless of the performance over the next few months, then it's a nice way to generate income, and with less risk than doing something like selling Covered Calls on them.

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

#198

I’m doing some eBay arbitrage for about $200 a month profit but I’m just starting. I call it arbitrage as I buy at consumer prices from a store online and sell on eBay for a profit. I profit even when paying listing fees, shipping and PayPal fees.

how does this work in practice? do people not realize they are paying above the store price?

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

#199

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…

Damn, this is one of the more disappointing things I’ve read on HN. Everyone is just trying to exploit the system for a dollar, I get it that’s capitalism. It’s just kind of saddening to me, it’s like the social media infection spreading. Where you can’t really trust what you read because you have a fake author, hiring a maybe expert to write a book. Hell, that ghost writer may have developed a good algorithm for pulling together information for that book, or just copying and pasting from places. I guess I just have issues with the do whatever I can to earn a buck thing.

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

#200
post #115

Start a blog. I spent minimal effort making 5 blog posts a few years ago and it already pays for the cost of the domain through ads. Imagine what revenue 100 blog posts, or 1000 would bring in. https://www.codingwithricky.com/

I'll probably end up doing the same pretty soon: there's quite some money to be made in the sector I work+ no serious SEO work done by any of the main players,so a website with 100-200 blog posts would do nicely.
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