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

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241–250 of 266 posts

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

#241

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…

Don't people give it like 1-2 star reviews and it tanks with a few months?

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

#243
post #143

Earlier 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

You're right if you only factor in the staking return but if you also consider the price rise in Decred then he is far exceeding most funds.

https://s3.tradingview.com/snapshots/h/h53gSzG3.png

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

#244
post #214

Earlier quoted context omitted.

O’Reilly has been publishing good tech books for decades with books often written by a top subject matter expert.

I have lots of those books. They are among the 10% of books that aren't crap.

For sure. I like the animals on the covers too.

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

#245

I 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…

I think you missed mentioning the greatest thing about rental properties: You're buying the property using someone else's money (via a mortgage). There is literally no other investment besides real estate that allows you to do this.

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

#246

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…

This is just so incredibly filthy.

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

#248
post #158
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…

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.

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

#249
post #158

Earlier 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.

Sure. I don't think that's the best way to behave. But I also don't like a VC moralizing over us.

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?

#250
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.

I also live in Colombia. Being a landlord is definitely something that I might consider doing in the future. My current landlord does shit and we still have to pay 950.000 COP. Me and my wife cannot even move to a better place because there's not enough extra money to do the switch. Renting sucks, specially in third world countries.
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