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I don't completely agree.... Passive Income the easy way: Invest money in an S&P 500 Index fund. Routine dividends are easily count as passive income. You n

I don't completely agree.... Passive Income the easy way: Invest money in an S&P 500 Index fund. Routine dividends are easily count as passive income. You need a lot invested for this to be a significant amount, though. The reason this may be easier for a web developer than, say, a retail cashier is that the web developer most likely has a higher salary. --- Owning a company, whether services company or SaaS is also another way to get passive income. However, unless you have huge capitol to hire folks to do the work, or put a lot a time in to build the company [and then replace yourself] it may not be practical; and it definitely isn't immediate. -- I've done the writing route, writing, and self-publishing, technical programming books. It is a great way for passive income. Once it is published you get residual income each month. Much to my surprise, I've found that programming books have a much longer tail than I would have expected.

imdsm 9y ago
how much do the books make you, and how much have they made you, over how long? thought about writing, but not sure if it would be worth it
- reboog711 9y ago
  I'm still not sure if it is worth it as a stand alone venture. :ha, ha: I have gotten consulting clients through my self published efforts, which pays off in dividends. Generally I make around $50 a month. I'm not laughing all the way to the bank; but it isn't nothing. I assume most self published [technical] authors are in the same boat financially. There are a few 'lottery winners' out there, such as ngBook, but most probably trickle along. I'd have to look up dates and run financial reports to figure out how long and how much. I don't spend too much time running the numbers for that aspect of my business. I published "Life After Flex" which was explicitly targeted to Flex Developers who want to learn "HTML5" applications, primarily focused on AngularJS. That used the "Authority" model; so high price with lots of extras. I retooled that into the "LearnWith" series which builds the same app in different technologies. It is intended to be "no frills" approach and I sell the books for $6.99 through Gumroad and Amazon. I'm copy editing the Angular 4 version of it now; and with any luck I'll be working on a React [or maybe Vue?] version before end of year.

imdsm 9y ago

how much do the books make you, and how much have they made you, over how long? thought about writing, but not sure if it would be worth it

reboog711 9y ago
I'm still not sure if it is worth it as a stand alone venture. :ha, ha: I have gotten consulting clients through my self published efforts, which pays off in dividends. Generally I make around $50 a month. I'm not laughing all the way to the bank; but it isn't nothing. I assume most self published [technical] authors are in the same boat financially. There are a few 'lottery winners' out there, such as ngBook, but most probably trickle along. I'd have to look up dates and run financial reports to figure out how long and how much. I don't spend too much time running the numbers for that aspect of my business. I published "Life After Flex" which was explicitly targeted to Flex Developers who want to learn "HTML5" applications, primarily focused on AngularJS. That used the "Authority" model; so high price with lots of extras. I retooled that into the "LearnWith" series which builds the same app in different technologies. It is intended to be "no frills" approach and I sell the books for $6.99 through Gumroad and Amazon. I'm copy editing the Angular 4 version of it now; and with any luck I'll be working on a React [or maybe Vue?] version before end of year.