151–160 of 479 posts
between $3000- and $18,000+/mo in online courses. The latter being more active in terms of sales, promotion, offers. It's not sustainable since customers are not responsive to this kind of thing each and every month.
Edit: this is a good example of the type of courses I mean http://www.diygenius.com/courses/ (not affilated)
Is it on your own site? Or the likes of Udemy?
$5k per month for 18 months in a row. Made a portfolio website for my girlfriend. Got positive feedback, refactored into Wordpress theme and published on ThemeForest. Not 100% passive as I spend 3-4 hours per week for answering support emails. ThemeForest is a perfect place for passive income if you are a website developer. At first it challenges your skills as you need to create the concept, design it and code it. T…
Definitely not an area your average web-developer can just drop into. I can definitely write the code but you also need a good artistic/design mind. Just to make everything more coherent and to create a real theme that runs through the template.
It brings in about $1,800-$2,400/mo. I'd sell it if I had a buyer.
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 advise you don't focus too much in dividends but spread it in emerging markets, gold and others. In the short term it looks like a bad idea, because you could have more income coming from your dividends, but when a crisis or something hits, it's worth it.
If you're talking something like a collapse of the entire economy, then yes, tangible assets like gold and real estate are much better. It's not impossible, but I don't know if it's especially likely that's going to happen....
That said, I do invest in gold/silver and real estate as well for various reasons. I also invest in dividend stocks for other various reasons. They all have a place in my strategy.
I haven't done much research on emerging markets, but isn't that a very high-risk/high-reward investment? For now, while I'm still stuck at my job and not yet "rich" (by my conservative definition) I'd rather mitigate my risk and have some control over my investments -- I plan to be successful and well-off, I'm not just hoping that I get lucky and one of my investments' value goes through the roof.
(I'm not criticizing and I didn't downvote you. I'm actually interested to hear others' investing strategies, maybe I can learn something new!)
I started EmailItIn[1] to allow people to email files to Google Drive, then added DropBox and SkyDrive/OneDrive support. Premium accounts bring in about $200/m right now, and it's steadily rising. Support is low - though it took a while to build the initial technology. I get a lot of traction from realtors and lawyers. I've tried paid advertising but the conversions are too low to make it worth it. Initial goal was "…
Without paid advertising, how do you advertise the service? I've created a micro-service like this in the past, and where I really fell short was getting the right people on the site. AdWord conversions were also too low in my case.
I experimented with adwords and stumbleupon but nothing caused enough conversions to be worth it. Every now and then I turn adwords back on to play with keywords a bit, but it's just not worth it at the low price point.
I purchased, gutted and renovated a 1 bed flat in the city 4 years ago. It's gained about $7,000 a month every month for the last 3 years, plus saving about $3,000 in rent. Not exactly 'income' but most certainly passive, and I do plan to sell out when I feel prices are aproaching a peak and move out the city so will yeild then. Neighbouring flats usually sell within 7 days of going to market.
(There's more than one you know!)
It's been making around $200-300 per month for several years, and this year has jumped up to $300-500 per month. This is only from Google Adsense: http://cl.ly/WobJ - I also always get a nice holiday spike in traffic and revenues, even though there is nothing seasonal about compressing some JavaScript.
It's zero maintenance, and sometimes I even forget about it. I spend maybe 1-2 hours updating the website to a new Uglify.js version per year. It's a simple single file node.js app hosted for free on Heroku.
Earlier quoted context omitted.
Let me get this straight. You have a piece of software which helps monetary transactions, and yet you don't charge.
No disrespect meant to PawelDecowski at all (his CC number validator looks awesome, I'd use it) but he couldn't monetize it even if they he wished to -- too much competition in that space. Nobody is going to even pay $1 when they can just go on GitHub and find several similar libraries which do somewhat similar things. I think £55 a year is best case scenario. At least it likely covers web-hosting costs.
It yields about $50 a month, I'm just happy it pays for itself and requires little maintenance. During Black Friday(November) it made $400, other months are a lot slower.
I have not done any marketing and my friends like to use it so its fun.