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Ask HN: Those making $500/month on side projects in 2022 – Show and tell

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Re: Ask HN: Those making $500/month on side projects in 2022 – Show and tell

#12
post #9

I started investing in stocks couple of years ago. It is probably not what you wanted to hear but it makes me a lot of money and allowed me to retire in my 30s, as a minimalist. I am a long-term investor(I hold positions at least 1 year) so the time it requires is essentially none. Besides that I tried to run multiple project in my past but none took off. The problem is that the internet has been monopolized and it i…

Out of curiosity, what stocks would you (or anyone reading my comment) recommend for someone in their late 40s? TIA.

This being the internet, the answer is going to be something useless like Gamestop.

Re: Ask HN: Those making $500/month on side projects in 2022 – Show and tell

#13
post #9

I started investing in stocks couple of years ago. It is probably not what you wanted to hear but it makes me a lot of money and allowed me to retire in my 30s, as a minimalist. I am a long-term investor(I hold positions at least 1 year) so the time it requires is essentially none. Besides that I tried to run multiple project in my past but none took off. The problem is that the internet has been monopolized and it i…

Out of curiosity, what stocks would you (or anyone reading my comment) recommend for someone in their late 40s? TIA.

For me, in my 40s and based in Australia, I am invested in Apple and a three different ETFs.

There are plenty of investment forums and subreddits that discuss investment and FIRE strategies, and it depends on your country.

It's never too late to begin.

Generally an ETF or similar is worth looking into :-)

Re: Ask HN: Those making $500/month on side projects in 2022 – Show and tell

#14
post #9

I started investing in stocks couple of years ago. It is probably not what you wanted to hear but it makes me a lot of money and allowed me to retire in my 30s, as a minimalist. I am a long-term investor(I hold positions at least 1 year) so the time it requires is essentially none. Besides that I tried to run multiple project in my past but none took off. The problem is that the internet has been monopolized and it i…

Any general pointers? I made a few bucks at the same time everyone else was making money but now I'm at a loss in both senses of the word. And unclear, what does being a minimalist have to do with investing? Do you mean that your income requirements are low compared to others?

Re: Ask HN: Those making $500/month on side projects in 2022 – Show and tell

#15
post #4

Running a service to manage remotely old phone-based intercoms (e.g DoorKing) without the need to change any hardware. We got some property managers in San Francisco and one locksmith reseller as customers. https://www.DropBy.io

Can you elaborate how there is no need for hardware changes? Are you connecting through the earpiece somehow?

Some time ago I hacked our flat intercom. I needed to have a text message delivered when the intercom rang (we use it to open door to the building), I had to tap to it with an arduino.

Re: Ask HN: Those making $500/month on side projects in 2022 – Show and tell

#16
post #9

I started investing in stocks couple of years ago. It is probably not what you wanted to hear but it makes me a lot of money and allowed me to retire in my 30s, as a minimalist. I am a long-term investor(I hold positions at least 1 year) so the time it requires is essentially none. Besides that I tried to run multiple project in my past but none took off. The problem is that the internet has been monopolized and it i…

Out of curiosity, what stocks would you (or anyone reading my comment) recommend for someone in their late 40s? TIA.

Vanguard. Like VOO or VTWO - and once you have good savings in there, branch out to more divided payers if you'd like them to kick out some spending money. A 4-5% ARR is probable.

Re: Ask HN: Those making $500/month on side projects in 2022 – Show and tell

#17

Earlier quoted context omitted.

Out of curiosity, what stocks would you (or anyone reading my comment) recommend for someone in their late 40s? TIA.

This being the internet, the answer is going to be something useless like Gamestop.

$GME and $AMC and other memes are gambling, treat them as such. That volatility is playing with fire.

Re: Ask HN: Those making $500/month on side projects in 2022 – Show and tell

#18
post #9

I started investing in stocks couple of years ago. It is probably not what you wanted to hear but it makes me a lot of money and allowed me to retire in my 30s, as a minimalist. I am a long-term investor(I hold positions at least 1 year) so the time it requires is essentially none. Besides that I tried to run multiple project in my past but none took off. The problem is that the internet has been monopolized and it i…

I must say its pretty special to retire because of investing in such a short period. Must be with a great starting capital.

Re: Ask HN: Those making $500/month on side projects in 2022 – Show and tell

#20
post #9

I started investing in stocks couple of years ago. It is probably not what you wanted to hear but it makes me a lot of money and allowed me to retire in my 30s, as a minimalist. I am a long-term investor(I hold positions at least 1 year) so the time it requires is essentially none. Besides that I tried to run multiple project in my past but none took off. The problem is that the internet has been monopolized and it i…

You started investing a couple of years ago and now you're retired? If that is the case, you would make millions from selling courses and sharing your secrets.

Also, if we're talking about side projects that net $500 a month, I think the monopolization theory is a little dramatic.

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