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Ask HN: What are your best sources of passive income?
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Re: Ask HN: What are your best sources of passive income?
#2Website hosting and freelancing web design/dev, at first its not passive, but over time it becomes passive as clients are able to manage their sites themselves after launch.
Re: Ask HN: What are your best sources of passive income?
#3My retirement stock account invested in large index funds. I guess my savings account earns 1% interest also.
Any other source of income I have is not passive. Question people when they talk about passive income renting out an apartment building. Find out who is calling the plumber at 3am when a pipe bursts, and ask how passive that is?
Re: Ask HN: What are your best sources of passive income?
#4Website hosting and freelancing web design/dev, at first its not passive, but over time it becomes passive as clients are able to manage their sites themselves after launch.
What happens when a site you host breaks when you are out of town or sleeping? How is that passive?
Re: Ask HN: What are your best sources of passive income?
#5Website hosting and freelancing web design/dev, at first its not passive, but over time it becomes passive as clients are able to manage their sites themselves after launch.
What happens when a site you host breaks when you are out of town or sleeping? How is that passive?
Well, good luck finding a 100% passive income, this is close enough for me, I might spend a couple hours a month with clients. Pretty dang close.
Re: Ask HN: What are your best sources of passive income?
#6My house. Can't beat real estate when you're strategically located.
Re: Ask HN: What are your best sources of passive income?
#7Re: Ask HN: What are your best sources of passive income?
#8My house. Can't beat real estate when you're strategically located.
Asset Valuation is not income generated unless you liquidate or rent it out.
Re: Ask HN: What are your best sources of passive income?
#9Affiliate marketing if you do you keyword research correctly.
I think it's important that most people realize that with passive income, there is no such thing as 100% passive. There's always initial work or maintenance involved.
Passive income is more so creating something of value that requires minimal to no effort by the recipient to maintain.
Aside from some aspects of real estate, I'd have to say affiliate marketing can be the easiest and best passive income sources around if you're willing to put in the initial work. It's also a very low barrier to entry on it, so anyone can do it without a lot of costs.
If any of you guys are interested, there is a really good passive income IRC chat community to hangout and discuss/collaborate about it.
http://webchat.freenode.net/?channels=%23%23passiveincome&ui...
Re: Ask HN: What are your best sources of passive income?
#10Earlier quoted context omitted.
What happens when a site you host breaks when you are out of town or sleeping? How is that passive?
Well, good luck finding a 100% passive income, this is close enough for me, I might spend a couple hours a month with clients. Pretty dang close.
100% passive income is index funds in the stock market.
A few hours a month may be low work residual income.. but not passive.