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Your best passive income? (2014)

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Re: Your best passive income? (2014)

#131

Post by astral303 »

eo34 wrote: post #88

A few years ago, I wanted to build an oscilloscope in my pocket, so I went ahead and did it. Then I wanted a spectrum analyzer, and then an equalizer. 1) oScope — an oscilloscope in your pocket. https://itunes.apple.com/us/app/oscope/id344345859?mt=8 2) Octave — a real-time audio analyzer. https://itunes.apple.com/us/app/octave-an-rta-for-the-iphone... 3) Fourier — a spectrum analyzer. https://itunes.apple.com/us/app…

Here's a perspective from the other side: I purchased Octave and having used it, and asked for a small feature (single-tap to pause). You told me that you don't have much time and will work on this feature when you have time. I understand that, but it's disappointing from the consumer point of view. I wish I knew that before I dropped $5.

Basically, it sucks to be stuck on the "passive" receiving end of a passive income project. Though actually, it's Apple's fault for not letting me trial software.

But I'm glad to hear these projects are working out and wish you continued luck!

Re: Your best passive income? (2014)

#132

Post by silvertonia »

larrydag wrote: post #127
erikb wrote: post #103

Why does everybody list books, webapps and mobile apps as passive income? I hope you created them yourself. Then they are not passive income but a product. Like every product they have a lifetime, then you need a new product. Therefore you actually have a first or second active business and not a passive income. "Passive income" is rent for condos you own, or having shares in your friend's profitable business that yi…

I can assure you as my wife and I are starting into the rental business that leasing a residence is not passive.

If you're renting your first couple places, absolutely not. But at some point you hit a mark where you have a property manager doing all the day-to-day and a few leasing agents filling vacancies and it becomes as passive as you want it to be.

Re: Your best passive income? (2014)

#133

Post by ye »

scotty79 wrote: post #80

Few bitcoin Antminers. They are paying as much as I'll be earning at my new job I'm starting with the beginning of the February. I basically cloned myself in terms of income by buying them. They should pay for themselves in 3-4 months. I'm not sure if that's passive income or capital gain though.

Yeah, but miners get obsolete very quickly, since the difficulty is growing exponentially.

Re: Your best passive income? (2014)

#134

Post by zrail »

noir_lord wrote: post #105
zrail wrote: post #76

Earlier quoted context omitted.

Yep. Language and payment processor variants are something that I've thought about a lot and will probably start working on at some point. Edit: autocorrect correction

PHP would be a natural fit (Symfony2 or Laravel 4 (I'd vote for Laravel 4 as that is a rapidly growing market that is still relatively "poor" in learning material). Also if you did happen to do it for Laravel 4, I'd buy it ;).

Wow, I just took a look at the docs for Laravel. I had no idea it was that sophisticated. Thanks for the tip, I'll look into it some more.

Re: Your best passive income? (2014)

#135

Post by sergiotapia »

drdaeman wrote: post #118
zcam wrote: post #51

Earlier quoted context omitted.

Or worse like where I live (Switzerland), people rent flats, then subrent them for a lot more and go live in Thailand (or somewhere else). And then we all complain because the prices for (renting or buying) flats is insane here.

Don't know about EU laws, but in Russia every apartment rent agreement I've seen (which is statistically insignificant amount, maybe 4-5 agreements) had explicitly prohibited reselling/subrenting.

Same in Bolivia. You're even explicitly disallowed to rent rooms out to people unless you notify the owner. I agree with it to, if I were to own an apartment and rent it out, I wouldn't want any random person to live in my home.

Re: Your best passive income? (2014)

#137

Post by nikolak »

phlo wrote: post #91
goldenkey wrote: post #87

Earlier quoted context omitted.

Facebook Stock. Now do you realize how stupid you sound?

He may be mining Bitcoin. If you're able to issue Facebook stock, let's talk :)

The money spent mining bitcoin for electricity and hardware could have been used to buy stocks.

It's not really different, for both mining bitcoins and investing in stocks you need to spend some money. You aren't issuing anything for free.

Re: Your best passive income? (2014)

#138

Post by chaz »

knob wrote: post #53
viach wrote: post #28

Earlier quoted context omitted.

This would not be passive.

You have to think bigger man. Outsource the outsourcement... Interact with top-level outsourcer once per week... he interacts with low-level outsourcer daily. Profit.

Relevant: "Man reportedly outsources his own job to China, watches cat videos" http://articles.latimes.com/2013/jan/17/business/la-fi-mo-ma...

Re: Your best passive income? (2014)

#139

Post by alain34 »

https://www.bankaccountchecker.com enable the validation of UK bank account (web app and API). It is not making loads of money but I get enough traffic to pay for summer holiday. I often get request for the logic behind the API. the sort code file is also selling well. I have created another saas service at http://www.conceptuel.co.uk/burnDown/ but there is not enough demand to make it a profitable passive income.

Re: Your best passive income? (2014)

#140

Post by bpierre »

hrnnnnnn wrote: post #108
tarball wrote: post #101

At first I started with a Blogspot with a bunch of cat gifs and a couple of Google ads. Once I earned enough money to buy a domain name for this project, I bought http://catgifpage.com and designed a cheap-but-fun interface for the visitors I targeted. As I am more a “dog” person, I decided one year (and about 1000€) later to open http://doggifpage.com . It increased a bit my incomes but not so much. As you may know,…

You got the copyright holders' permission to use those gifs, I take it?

I’m genuinely interested: do you have any example of a GIF/LOL website which owns the rights on the published content?
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