Passive income is generally a unicorn
Ask HN: How to start earning $500/month in passive income in next 12-18 months?
21–30 of 205 posts
Re: Ask HN: How to start earning $500/month in passive income in next 12-18 months?
#22Hi, get into mobile business, not the usual Google Play or App Store as it really crowded, perhaps Nokia, even BlackBerry, it can generate 500 usd easily, I have been able to generate much more that amount at some point :-)
Contact me if want more info jaime.enriquez@inodesoft.com
Re: Ask HN: How to start earning $500/month in passive income in next 12-18 months?
#23Since March this year, I have been able to build a semi-passive income of around $1500 per month (lowest around $1000 and highest $2000) by building/selling items on CodeCanyon. Granted it's not truly passive income, rather semi-passive. That said, with minimal monthly efforts, the money comes in each month.
aren't they taking 50% of your sales?
Re: Ask HN: How to start earning $500/month in passive income in next 12-18 months?
#24Everybody in the world loves incense.
Make a beautiful webpage with a mystic style and offer all kinds of incense, scents, shivas, buddhas, elephants, spiritual stuff all over the world.
In no time you'll be as big as amazon.
Re: Ask HN: How to start earning $500/month in passive income in next 12-18 months?
#25$500 per month is $6000 per year. $100,000 in high dividend stocks may generate close to that much in dividends per year. So contract for $100 per hour for 1500 hours in the next 18 months. Then make a good investment.
How does one identify high dividend stocks?
S&P does a pretty good job of it.
Re: Ask HN: How to start earning $500/month in passive income in next 12-18 months?
#26Either you can sell your own product/services or sell someone else's product/services ...
- Take advantage of growing e-commerce in India - sell other peoples product ... buy directly from manufacturer and sell it to consumers thru platforms like Flipkart, Snapdeal, etc. ... most of the manufacturer in tier-2 and 3 cities dont have a clue about e-comm selling so help them out and make a good return...
- Start affiliate business (selling other people's products/service) online...
- Create your own product/service and sell it thru your own e-comm store or thru Amazon or Ebay or Yahoo stores.
- Start writing a blog and make it so popular with your amazing content that you can make money thru Ads, affiliate marketing and/or by email marketing.
- You can also start a drop-ship store and sell to the consumers in north-america, europe and/or australia.
- there are small businesses on sale on Flippa (however you need to learn how to find a good one) that can easily make you $6k a year .... find a business that is of your interest/passion ....
Good Luck!
Re: Ask HN: How to start earning $500/month in passive income in next 12-18 months?
#27$500 per month is $6000 per year. $100,000 in high dividend stocks may generate close to that much in dividends per year. So contract for $100 per hour for 1500 hours in the next 18 months. Then make a good investment.
How does one identify high dividend stocks?
Stocks are typically listed with their yield as one of the statistics. The yield is a measure of what percentage of the current price is handed out each year in dividends.
So a stock priced at 100 doller-pounds and a yield of five percent could be expected to hand a stockholder 5 doller-pounds a year.
Obviously, this is an instantaneous snapshot, based on the price now and the dividend then, trying to give an idea of something that might be expected to happen in the future. So it's by no means any kind of guarantee; it is, however, an easy starting place before looking deeper into the stock to see if you really could expect a good yield going into the future.
Re: Ask HN: How to start earning $500/month in passive income in next 12-18 months?
#28Meta: if you respond with "I run a small project and it is generating X per month for me", would you please provide links? I know it seems self-promoting but in reality in discussions like this it is very interesting.
Re: Ask HN: How to start earning $500/month in passive income in next 12-18 months?
#29It's me or passive income posts in HN flourish on weekends?
Re: Ask HN: How to start earning $500/month in passive income in next 12-18 months?
#30I'd give a read to Start Small, Stay Small (www.startupbook.net) and other startup literature. Study Paul Graham's essays (www.paulgraham.com). Random ideas: - Start something like skoshbox.com, but with Indian goodies. You may not realize it, but foreign countries crave Indian tastes and flavors. I would probably pay for a monthly delivery of Indian spices and sweets. - Start a podcast on a passion of yours. Offer f…
Love the monthly Indian spices idea, especially if they are paired with recipes. Tajbox? Spicebox? Spicybox?