Airbnb
As a related one, considering Twisted Road (sharing site for my motorcycle).
I was just wondering about something like this. how does insurance work?
Ask HN: What are the some passive income strategies you do beside your IT job?
11–20 of 106 posts
Re: Ask HN: What are the some passive income strategies you do beside your IT job?
#12Are Amazon FBA or drop shipping still passive? Both of those still require significant time dealing with exceptions.
Last time I read about passive income here on HN it was mostly non-passive side hustles being shown. Or stuff like ad revenue from apps or sales of books. Maybe passive now, but probably took quite some effort getting to there. It may be passive if the long tail is much bigger than the initial investment, but for most people I guess it's not.
Well yes, there is generally no free lunch. Any “passive” income scheme requires either capital or an upfront labor investment.
Re: Ask HN: What are the some passive income strategies you do beside your IT job?
#13Are Amazon FBA or drop shipping still passive? Both of those still require significant time dealing with exceptions.
Last time I read about passive income here on HN it was mostly non-passive side hustles being shown. Or stuff like ad revenue from apps or sales of books. Maybe passive now, but probably took quite some effort getting to there. It may be passive if the long tail is much bigger than the initial investment, but for most people I guess it's not.
By that definition, no income is passive, because everything takes some effort to set up.
Re: Ask HN: What are the some passive income strategies you do beside your IT job?
#14Can someone explain how they are using Amazon FBA?
I generate some passive income from (by spending 1-2 hours a week):
- stock & cryptocurrency picking
- Calls with industry research firms
- Earn.com
Re: Ask HN: What are the some passive income strategies you do beside your IT job?
#15Nobody is gonna just dump their secrets into something like this :D
But.. in case people don't mind. How feasible is it to make passive income by having a blog? I mean by having advertisements or amazon click-thru links.. is it worth the time to set up and use a blog to generate passive income?
Re: Ask HN: What are the some passive income strategies you do beside your IT job?
#16Nobody is gonna just dump their secrets into something like this :D But.. in case people don't mind. How feasible is it to make passive income by having a blog? I mean by having advertisements or amazon click-thru links.. is it worth the time to set up and use a blog to generate passive income?
There are no secrets.
Re: Ask HN: What are the some passive income strategies you do beside your IT job?
#17Nobody is gonna just dump their secrets into something like this :D But.. in case people don't mind. How feasible is it to make passive income by having a blog? I mean by having advertisements or amazon click-thru links.. is it worth the time to set up and use a blog to generate passive income?
That's not passive. You have to keep writing content to keep people coming back.
Re: Ask HN: What are the some passive income strategies you do beside your IT job?
#18Rental properties, managed by a 3rd-party professional company.
Re: Ask HN: What are the some passive income strategies you do beside your IT job?
#19Low cost S&P 500 Index fund. Very passive :)
Almost the same thing... the ETF with the ticker SPY.
When I researched this years ago, I concluded the costs were less expensive than any S&P 500 mutual find I could find. Not sure if that's still true or not.
Re: Ask HN: What are the some passive income strategies you do beside your IT job?
#20Low cost S&P 500 Index fund. Very passive :)
And very capital-intensive. Most people would benefit more from passive but labour-intensive ideas.