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Ask HN: What is your passive income 2019?

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Re: Ask HN: What is your passive income 2019?

#141

Post by opportune »

Anon84 wrote: post #98
davismwfl wrote: post #8

Not what you were looking for but real estate (mostly rental) has been and remains my primary passive income.

What would you recommend as training/resources to get started in real estate investing? I was thinking of getting a real estate dealer license as a way to get a better idea of how the system works and go from there, but any words of wisdom from someone already doing it successfully would be most welcome. There's plenty of "real-estate investing" information online but most of it looks scammy as hell. EDIT: I'm based…

Kind of OT but I don’t understand why everyone with some spare time doesn’t get licensed for real estate to circumvent the cartel fees. It costs about $300 + the fees for the classes and 135 hours of time. But it can save you tens of thousands, gets you privileged access to listings, plugs you into the whole real estate ecosystem... it’s kind of a no brainer, as far as I can tell

Re: Ask HN: What is your passive income 2019?

#142

Post by CamelCaseName »

atentaten wrote: post #118
CamelCaseName wrote: post #64

Earlier quoted context omitted.

More or less than former. Either I find something interesting, or I have someone reach out to either of my buying agents. We go back and forth a little if any packaging / product customizations are needed and go from there. I do offer two "FBA packs" for my own private labelled products but will not be restocking them when they sell out because of packaging challenges. One big issue is discoverability. You will alway…

I don't know much about this. Could you recommend a single online resource where one could learn the very basics?

https://services.amazon.com/tutorials-and-training.html

But really, just try it and Google every question you have.

Re: Ask HN: What is your passive income 2019?

#143

Post by Sohcahtoa82 »

demadog wrote: post #33

Roughly $1,500 a month or so with a web hosting affiliate site - https://www.whatsthehost.com/ There's decent money to be made but a ton of competition, so for newbies I'd recommend easier niches to start!

Your site breaks the use of my scroll wheel.

Please don't try to implement custom scrolling methods in JavaScript. It never works properly on all platforms and just breaks things. It's also highly infuriating.

EDIT: Here's some good rants on not messing with scrolling: https://news.ycombinator.com/item?id=13883433

Re: Ask HN: What is your passive income 2019?

#144

Post by whack »

rinchik wrote: post #35
tempsy wrote: post #6

Investing in boring index funds has produced 20% returns this year. Can't imagine it will happen again next yr but who knows. Actually I had an allocation in Apple which has had a crazy year..up 60% or so to all time highs.

curious, do you count unrealized gains as income as well? I also did some passive index fund investments but I only count cash dividends as actual "income".

If it is a liquid asset, you should count unrealized gains as income. If you invested $100k in VOO last year, and it is worth $120k today, then you have definitely made $20k in the last year. That's $20k that you can choose withdraw and spend, at any time. Just because you choose to reinvest the $20k (ie, by letting it ride) doesn't change the fact that you've made $20k. It's really the same as collecting $20k in dividends and then enrolling in the dividend-reinvestment program.

Re: Ask HN: What is your passive income 2019?

#145

Post by mrblues »

I can offer a way to generate passive income. I have a software consultancy (among our clients are Fiverr, Intel and HP software) and I pay about 2000$ per month as finders fees for referring software consulting leads.

What you need to do is to ask your software developer friends if their company is looking to hire a contractor.

When I sign the contract I pay a nice monthly finder's fee.

Contact me for more details if it sounds interesting to you. My contact details in my profile..

Re: Ask HN: What is your passive income 2019?

#146

Post by xur17 »

imroot wrote: post #125

I do microlending through Lending Club, own a Pawn shop (which is managed day-to-day by someone else), and own a Great Clips (Sounds silly, but, again, managed by someone else).

How did you get into the second 2? I've always been curious about purchasing a physical, but never known how one goes about it.

Re: Ask HN: What is your passive income 2019?

#147

Post by thecupisblue »

treyfitty wrote: post #135

I’ve posted about it before, but since it’s being asked again: It’s not “tech” and it’s refreshing to build something from scratch that’s very tangible. I want to walk away from data science and create something that allows me to open a store selling lifestyle products for men one day. To this end, I launched a men’s skincare line about 3 months ago ( https://www.mendskin.co ) which isn’t “successful” yet, but it’s m…

Wow! I'd love to read a blog about this and the whole process, any hope for something like that?

Re: Ask HN: What is your passive income 2019?

#148

Post by nishmastime »

technotarek wrote: post #96

What are we calling "passive" these days? Is there a notion about the amount of (ongoing) sweat equity/maintnence to payout we all have in mind? The original notion seems unlikely ==> finish initial work/build and then just sit back and collect checks. Seems like few of the projects posted so far, if any, meet that high bar. Realistically there is almost always ongoing maintenance, and if it comes from a passion, pro…

Usually it just means recurring revenue in general with relatively little work involved.

Re: Ask HN: What is your passive income 2019?

#150

Post by twobat »

geocrasher wrote: post #140
twobat wrote: post #79

Earlier quoted context omitted.

For 3000 visitors/month Amazon pays $100? That seems quite a waste.

Not a waste. Last month I got 2800 uniques, 5300 views, and made about $50. The thing is, The blog is there anyway. It's truly passive income.

Well, I meant waste on Amazon side. But I guess all that money is paid by the consumer of those products.
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