News for hackers. Stuff that matters.
Re:I don't want to work very hard by webwright on Thursday December 11, 2008 @07:35PM (#395124)
"I think I've found a niche with a need, and if I can put enough in my pocket that I can buy insured and very low-risk securities to quietly live off a trickle of interest."

Markets are pretty efficient. It's pretty unlikely that you've found a niche where you can make a good living without any work. If you do, it won't be long before someone who wants to work hard comes around and blows your business out of the water. But if you hit it right, you might be able to make a pile of cash before it happens.

It's the startup equivalent of stock market timing, and I imagine you have about as good a chance of success.

Re:I don't want to work very hard by ggrot on Thursday December 11, 2008 @11:11PM (#395324)
Job markets are not as efficient as real markets where you buy and sell things because jobs are not liquid. If I find a job paying $50/hour and someone else is working doing the same job earning $30/hour, I can't exactly make any profit arbitraging the market to efficiency.

For a pretty small investment in time and money, most grocery store cashiers could learn to become plumbers. Plumbing routinely pays 4x a grocery store cashier, but it is harder/nastier work and often deals with fecal matter.

Re:I don't want to work very hard by webwright on Thursday December 11, 2008 @11:28PM (#395353)
Yaw, I was responding to his idea of a niche startup-- not getting a job. Certainly there are plenty of ways to get a job and save money.
Re:I don't want to work very hard by sutro on Friday December 12, 2008 @03:11AM (#395496)
it is harder/nastier work and often deals with fecal matter

Sounds like programming.

Re:I don't want to work very hard by kingnothing on Friday December 12, 2008 @12:16AM (#395385)
Why can't you arbitrage people? That's effectively what consulting firms do.
Re:I don't want to work very hard by paulgb on Friday December 12, 2008 @04:22PM (#396101)
Recruiters also.