Ask HN: Those making $500/month on side projects in 2022

Re:Ask HN: Those making $500/month on side projects in 2022 ... by djbusby on Monday September 12, 2022 @01:49AM (#32806529)

Vanguard. Like VOO or VTWO - and once you have good savings in there, branch out to more divided payers if you'd like them to kick out some spending money. A 4-5% ARR is probable.

[ Parent | on HN ]

Re:Ask HN: Those making $500/month on side projects in 2022 ... by Test0129 on Monday September 12, 2022 @01:58AM (#32806578)

This would assume they are capitalized such that 4-5% ARR returns a living wage after capital gains. Most people don't reach this until their mid-50s or early 60s if they're lucky. Sometimes never.

[ Parent | on HN ]