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What was your best passive income in 2014?

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Re: What was your best passive income in 2014?

#141

Post by Glide »

dpcx wrote: post #27

Dividends on stocks. I've never had an idea good enough to make an app out of, or build a company around. So instead, I started investing a small amount of my paycheck in to my brokerage account. Buying lots of stock in Dividend Kings[1], I've earned $25 this year, with another $20 through October. It's not a lot, but I'm fully thinking long-term. 1: http://long-term-investments.blogspot.com/2013/02/15-Best-Di...

I recently moved a lot of money out of a "high" interest savings account and mostly into dividend stocks. I managed to get a small payout of around $20 in an ETF and the potential seems so much higher than that of a savings account.

I guess the other thing I'm doing is finally putting money where my mouth is and putting money into companies I think will succeed in the future.

Re: What was your best passive income in 2014?

#143

Post by jaymzcampbell »

My best month was around £120 (in February 2014) (~$200) through Amazon affiliate links & Admob. All within a very simple shopping app 'designed' for android 2.1 back in the day and updated just once in 2 years. I've since pulled it due to changes upstream breaking data so it became useless, I didn't find the time to really fix everything.

I have just launched (like a few days ago) http://photobrix.com - but that is yet to bring in a penny from the limited adverts - I'm likely going to add a higher end/more featureful interface to generate instructions that people will spend $3 - 5 or so on. Additionally I'm aiming on allowing users to order their own prints (rather than deal with the hassle of individual bricks).

Re: What was your best passive income in 2014?

#144

Post by Glide »

vetler wrote: post #65
dpcx wrote: post #27

Dividends on stocks. I've never had an idea good enough to make an app out of, or build a company around. So instead, I started investing a small amount of my paycheck in to my brokerage account. Buying lots of stock in Dividend Kings[1], I've earned $25 this year, with another $20 through October. It's not a lot, but I'm fully thinking long-term. 1: http://long-term-investments.blogspot.com/2013/02/15-Best-Di...

Have you compared this to just putting the money in a high-interest savings account?

I've had an ING Direct (now Capital One 360) account for a decade or so. I've seen the interest rate drop from 5% or so to .75%.

So yeah the returns are pitiful in a savings. The rates on CDs are lower than the one on the savings account.

Re: What was your best passive income in 2014?

#145

Post by chatmasta »

fabiendem wrote: post #119
maxlamb81 wrote: post #42

Earlier quoted context omitted.

What dating niches did you come up with? Why do you say you are not proud of it?

I have targeted some very specific jobs which are usually known as "sexy". I am not proud of it because I don't think it's very ethic, I can't imagine putting this on my resume and technically the challenge is nonexistent (a simple html page with some css, few hours of marketing) Though the service is real and people don't pay for nothing, at least it's legal...

What's unethical about this?

Re: What was your best passive income in 2014?

#146

Post by vschiavoni »

dpweb wrote: post #18
mikaelj wrote: post #7

Earlier quoted context omitted.

What sort of websites?

Blogs mostly, and ideas I come up with like http://codeht.ml although I don't put ads on all of em. Would love any marketing ideas, as I don't know how to spread the word quickly and effectively.

How do you monetize this codeht.ml ?

Re: What was your best passive income in 2014?

#147

Post by jo_ »

vijayr wrote: post #128
eli wrote: post #72

Earlier quoted context omitted.

What counts as high-interest these days? Half a percent?

Depends on where you are. In the U.S, interest rates aren't anything to talk about. In India, my dad gets something like 7% (I think it is more for people over 60)

I considered investing in a foreign country bank since I happened upon $20k through some fortunate stock picks. I was advised that this is a _very_ bad idea because of the currency fluctuations between countries. You might earn 7% in India (or 19% in the Ukraine), but if suddenly the transaction rate doubles, you've lost half your money.

Re: What was your best passive income in 2014?

#148

Post by santa_boy »

easyname wrote: post #13

I had a motorcycle which I had bought for 126K INR. I was not using it much except to commute from home to office. I was going to sell the bike, then suddenly this idea clicked. It took few hours to make and host indiarider.com(people can take the bike on rent). Its been two months now, I have made 15K till now, 7K last week.

Wow cool! How do you trust that they will return the bike? How do you ensure no misuse including damages?

How do you market?

Re: What was your best passive income in 2014?

#149

Post by aroch »

chatmasta wrote: post #62
aroch wrote: post #28

"Administrating" a few servers that are rented out (ie, running apt-get every week and fixing the occasional symlink the tenants break). -$2000/m in power/space/bandwidth in costs +$4000/m in fees Banking a little under ~$1700 after I account for taxes for what amounts to an hour of effort a month.

Are you leasing your own collocated hardware or are small businesses paying you on retainer as a server admin?

Leasing my own collocated hardware that was originally purchased for a different task but were no longer in use
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