Ask HN: How would you make an additional $500k in 1 year? • Hacker News Board

Re: Ask HN: How would you make an additional $500k in 1 year?

#11

Post by muzani » Wed, Jun 28, 2023, 12:14 AM UTC

thorncorona wrote: post #8

f0e4c2f7 wrote: post #6

Fly to Dallas. Rent a house. Play Poker for 12 hours a day.

You don't need 12 hours -- if you have 1000 dollars you only need to double it 9 times.

That might work with Blackjack, but aiming for a speedrun will just lose money with Poker.

Re: Ask HN: How would you make an additional $500k in 1 year?

#12

Post by NhanH » Wed, Jun 28, 2023, 12:33 AM UTC

a_bored_husky wrote: post #9

hitpointdrew wrote: post #3

Additional? Implying I make at least 500k a year already? I wish, maybe I’m in the minority here. I’d be pretty stoked if I made only 500k a year, never mind the additional.

100k once is life changing money here. I cant imagine making 500k a year. I make 9600 a year.

Which country do you live? Are you working as a developer?

Re: Ask HN: How would you make an additional $500k in 1 year?

#13

Post by a_bored_husky » Wed, Jun 28, 2023, 12:57 AM UTC

NhanH wrote: post #12

a_bored_husky wrote: post #9

Earlier quoted context omitted.

100k once is life changing money here. I cant imagine making 500k a year. I make 9600 a year.

Which country do you live? Are you working as a developer?

Cuba. Yes, I work as a developer.

Re: Ask HN: How would you make an additional $500k in 1 year?

#14

Post by nothasan » Wed, Jun 28, 2023, 1:52 AM UTC

- Resell concert tickets and/or other sought after goods on a larger scale?

- Get a few remote jobs?

There’s plenty of inefficiencies around us, you just have to look hard enough.

Re: Ask HN: How would you make an additional $500k in 1 year?

#15

Post by quickthrower2 » Wed, Jun 28, 2023, 2:36 AM UTC

Move to USA then teamblind.com, leetcode.com, FAANG etc. Only problem is getting a visa.

Re: Ask HN: How would you make an additional $500k in 1 year?

#16

Post by ipaddr » Wed, Jun 28, 2023, 2:50 AM UTC

Sell a million dollars worth of stuff that only costs you $500,000 shipping included

Re: Ask HN: How would you make an additional $500k in 1 year?

#17

Post by ano88888 » Wed, Jun 28, 2023, 3:52 AM UTC

thorncorona wrote: post #8

f0e4c2f7 wrote: post #6

Fly to Dallas. Rent a house. Play Poker for 12 hours a day.

You don't need 12 hours -- if you have 1000 dollars you only need to double it 9 times.

with the probability of 1 in 1024

Re: Ask HN: How would you make an additional $500k in 1 year?

#18

Post by pdevr » Wed, Jun 28, 2023, 5:25 AM UTC

Go to Kuwait, partner with one of the ruling family members, and set up a BTC mining company to mine bitcoins - since it still seems to be legal, as of now. Kuwait is one of the cheapest places to do this. Once you have made enough, sell the company to the ruling family and leave forever.

Re: Ask HN: How would you make an additional $500k in 1 year?

#19

Post by RGBCube » Wed, Jun 28, 2023, 9:03 AM UTC

ipaddr wrote: post #16

Sell a million dollars worth of stuff that only costs you $500,000 shipping included

And you can then sell 2 million dollars worth of stuff that costed you $1,000,000

And repeat

Re: Ask HN: How would you make an additional $500k in 1 year?

#20

Post by ksherlock » Wed, Jun 28, 2023, 2:11 PM UTC

Try out for the NHL, MLB, NFL, or NBA. Those are part-time jobs and minimum salary is in the $720k (MLB) to 953k (NBA) range. Don't waste your time with the WNBA or MLS, they start in the 5-figures and there are no stock options and the kombucha in the break room isn't very good.