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Your best passive income? (2014)

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Re: Your best passive income? (2014)

#151
post #51

Owning a flat in Moscow and renting it out? Easily 1000$/mo. You can live in Thailand on that money.

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.

I am from Switzerland as well and to do such a thing would be illegal and I haven't heard of people doing it...

Re: Your best passive income? (2014)

#153
post #126
post #109

Earlier quoted context omitted.

Yeah I want this.

I had this, it got boring real fast. The money wasn't great. I could live on it but there was no future prospect. A slow career death if you will. So I took a harder job, with higher pay.

This, I had the same issue, except they paid well. I ended up leaving for a job that would actually use my skills with more pay

Re: Your best passive income? (2014)

#154
My free-to-play Solitaire web app, at http://www.solitr.com/.

It's making a bit over $1,000 in monthly ad revenue. Traffic is at ~3k dailies.

I did this as a weekend project 2 years ago, and at some point migrated my blog to it to pick up DomainRank. Other than that I've mostly left it alone.

Re: Your best passive income? (2014)

#155

Earlier quoted context omitted.

Seems to violate the premise of "the dumber the app, the more popular it will be." Awesome.

"The dumber the app..." works almost everytime. I launched a conceptually great app which was a complete failure: https://itunes.apple.com/in/app/gravity-byte/id504372023?mt=... Then launched a card game which is a decent success..

Gravity Byte may be a great app. But, it does not make a great first impression. You may want to try to give the app a more cohesive art direction. For example, in the app screenshots, I see 4 different fonts. Also, the game graphics don't really grab my attention. Keep in mind that most people are judging your app almost entirely by the screenshots.

Re: Your best passive income? (2014)

#156
post #126
post #109

Earlier quoted context omitted.

Yeah I want this.

I had this, it got boring real fast. The money wasn't great. I could live on it but there was no future prospect. A slow career death if you will. So I took a harder job, with higher pay.

Exactly the same case for me too. At first it seems like it would be great, but it was wearing away at the passion I once had for my career. I now spend my days looking at cat videos and playing games rather than focussing on personal projects. I move jobs in 2 weeks to a harder job with better pay and can't wait.

Re: Your best passive income? (2014)

#157

Earlier quoted context omitted.

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 inc…

Come on, you spent $5 for an app. For a working app! This is a pretty low price. Actually, it's basically nothing. Of course you can't get support and are not entitled to feature requests at such a low price tag!

$5 is not cheap by app store standards. It's a fair price for an app in that class.

As to whether you're entitled to support or feature requests, you can make an argument both ways. One could generate some word of mouth by following up on (simple) feature requests.

In one of the apps, Fourier, the reviewers say that the horizontal frequency scale is off by a factor of 2 (but the frequency display elsewhere is accurate). That's a small thing to fix that hasn't been fixed since Apr 2012. I think that at a $5 price point, my expectation is that the app is updated with at least bug fixes of that variety.

Re: Your best passive income? (2014)

#158

Owning a flat in Moscow and renting it out? Easily 1000$/mo. You can live in Thailand on that money.

How nice is living in Thailand? Quality of life wise, people wise, tech wise?

I never tried to do it myself but many people spend winters there. Or even telecommute from there. I guess it's a place to live cheaply by the beach. Cuisine is also nice as I've heard.

Re: Your best passive income? (2014)

#159
post #91

Earlier quoted context omitted.

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

Is mining Bitcoin still proficient (except for ASIC makers, huh)?

Mining scrypt coins is proficient. I make $400/month with 2 machines I built 6 months ago.

Re: Your best passive income? (2014)

#160
Somewhat different area, but earns me around $300 a month- Churning credit cards for rewards. So called “award/travel hacking”. 2 new credit cards per calendar quarter, conservatively estimate each signup bonus is worth $600 (if you know how to redeem them, usually that means for travel).

Have to live in the U.S. and have good credit to do it, but I’ve been at it for a few years now and haven’t paid for airfares or barely any lodging costs on almost all my travel. Working on an online class that teaches how to do it, looking to sell that for some “real” passive income.

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