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

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231–240 of 266 posts

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

#231

Buy crypto, and lend it at 20-1000% apy using something like harvest.finance

That looks quite risky https://news.bitcoin.com/defi-protocol-harvest-finance-hacke...

Can't argue against that. I'll read up more on it since I plan to start using DeFi investments in the near future.

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

#232
post #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?

I think because the item is shipped from overseas not everyone wants to do that and wait the few extra days. Even though it’s ordered from a standard online shop from the brand.

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

#233
post #215
post #198

Earlier quoted context omitted.

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

I mean, people also don't go checking around every sale for items. But I would be curious to know what lengths OP goes to to identify items.

Identifying is the problem. It’s usually when I think “wtf why is this more expensive on eBay” when buying something for myself.

Then I check the number sold and think “oh someone is making some money here”

I don’t do anything special and realise I may have got lucky with this one.

I found another item like this in theory but I listed on this week and it hasn’t sold. So we will see.

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

#234
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…

>sanctity in something that is 'published'

I'm not quite in my 30s yet but "published" in general vs "published by a specific publisher" (like O'rielly) seems really odd, especially after some of the absolute garbage we were forced to buy in college.

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

#235

Earlier quoted context omitted.

Taiwan. The minimum wage here is about 24000 TWD ≒ 860 USD. I started at 31000 for 2 months, 36000 for 1 year, now 41000 for another half year. Quite a big company though.

Your advantage is cost of living then. You can create a SaaS and live off it much sooner than a SF person spending $100 a week on sourdough bread

Yeah, as long as one is not trying to purchase a real estate he can have a not bad life in Taiwan.

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

#236
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…

I would disagree. If you own property in a good location, screen your tenants, it's almost no work. I have several properties and spend less than an hour a month on average in total dealing with any issues.

Wait until one of them starts a fire.

Source: My family had a tenant that started a fire.

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

#237
post #178

Earlier quoted context omitted.

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.

Yeah aware of that. Short of a scenario like GME where there is an actual shortage of shares to short it won't move the needle given that available shares generally exceed borrowed shares. It's a liquid market...so if I don't do this all that happens is the people shorting pay a fraction of a penny more in interest. For someone serious about strategically attacking something as a gambit / strategy that makes zero dif…

Yep like I said, but perhaps did not emphasize enough, your shares alone won't move the needle much, but the collective entirety of retail investors lending out their shares (whether they are paid for it or not) definitely does move the needle. And on top of that, the shorters have more supply to draw on and there is less price pressure on the shorting premium as a result.

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

#238

Earlier quoted context omitted.

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."

Flagged

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

#239

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 should write a book how one can do it:)
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