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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

#21

Post by number6 »

nakamura88 wrote: post #20
hknmtt wrote: 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.

The secret of making money in the stock market is:

1) to really know the stock you are investing in

2) keep your nerves

3) buy for less then you sell; add the fees too

4) luck

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

#22

Post by Test0129 »

hknmtt wrote: 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 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.

Well that certainly would put you in the timeframe to capitalize on the GME/BBBY/AMC craze. If you did that, well...congrats I guess. But otherwise I'm suspect.

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

#23

Post by beernet »

hknmtt wrote: 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…

Pretty sure this answer is machine-generated...

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

#24

Post by rozenmd »

I built OnlineOrNot (https://onlineornot.com) - it's a hosted Status Page, with built-in Uptime Monitoring. It supports:

* Custom domains

* Private Status Pages (password protection)

* Automatically posting incidents to your status page based on uptime monitoring (possible to BYO monitoring via Uptime Robot)

* Subscribing to incident updates via Email

The uptime monitoring itself supports websites, web apps, and APIs, and can send you alerts via:

* Email

* SMS (BYO Twilio account)

* Webhooks

* Slack/Discord

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

#25

Post by Test0129 »

djbusby wrote: post #16
nixcraft wrote: post #10

Earlier quoted context omitted.

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.

This would assume they are capitalized such that 4-5% ARR returns a living wage after capital gains. Most people don't reach this until their mid-50s or early 60s if they're lucky. Sometimes never.

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

#28

Post by bradleykingz »

beernet wrote: post #23
hknmtt wrote: 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…

Pretty sure this answer is machine-generated...

What makes you so sure?

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

#29

Post by avinoth »

Running https://rosterbird.com on the side for 2 years now. It's oscillating between $800-$900 mrr for the past 3 months.

I originally wanted it to be a passive income project but it has grown in scope before I even realized.

Building and maintaining a B2B SaaS on the side is pretty draining. There's always more features, support requests, etc. Wouldn't recommend unless it takes off immediately or it is within a nice niche or you're planning to take it full time.

I've thought about either selling it (and start any other project) or properly growing it (launch in MS teams, shift capabilites, etc) for many months now.

Would appreciate if anyone has any thoughts.

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

#30

Post by adithyasrin »

I'm running a job board in Germany called Arbeitnow - https://www.arbeitnow.com/

I launched it last January and it's been steady. I like working and learning new stuff through it, while it makes some money. Income fluctuates but overall I'm happy!

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