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…
Ask HN: What passive income investments exist to supplement your salary?
241–250 of 266 posts
Re: Ask HN: What passive income investments exist to supplement your salary?
#242Opportunity abounds in the defi crypto space. Being a liquidity pool provider on a usd stable coin pair yields ~40% apy currently[1]. [1] https://app.beefy.finance/
Re: Ask HN: What passive income investments exist to supplement your salary?
#243Earlier quoted context omitted.
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
I truly don't mean to be snarky, but I think you're doing worse than an incredibly wide array of medium-risk mutual funds and ETFs. For example: https://investor.vanguard.com/mutual-funds/profile/VSMGX
Re: Ask HN: What passive income investments exist to supplement your salary?
#244Re: Ask HN: What passive income investments exist to supplement your salary?
#245I see a lot of people talking about rental properties and I don't think there's enough talk in favor of rental properties so here's my shot at it. My philosophy of being a landlord is not to bank on appreciation, but rather find houses where the mortgage is well below what tenants are paying for. How do you find those kinds of houses? You buy dilapidated houses, renovate them and then rent them out. If you don't want…
Re: Ask HN: What passive income investments exist to supplement your salary?
#246Publish 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…
Re: Ask HN: What passive income investments exist to supplement your salary?
#247Re: Ask HN: What passive income investments exist to supplement your salary?
#248Earlier 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…
People have got to make a living, by any mean. That's the state of the economy today, no small part by the effort of VC's.
Re: Ask HN: What passive income investments exist to supplement your salary?
#249Earlier quoted context omitted.
People have got to make a living, by any mean. That's the state of the economy today, no small part by the effort of VC's.
You could use this line of reasoning to justify a lot of terrible and/or illegal ways to make money.
And still, in reality, in an economy like our, that's what you get.
Re: Ask HN: What passive income investments exist to supplement your salary?
#250Other 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.