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deadmetheny | 5 years ago

This is a bit myopic - $200k for two people for what's basically a no-skill gig is a pretty decent income in most of the country. At that scale it's not a side gig anymore, it's your primary income, and I can imagine the hours are probably comparable to a normal job. And really, I can think of way less appealing jobs that pay worse with less flexibility.

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kpommerenke|5 years ago

It's not really $200k in income. That number ignores the initial investment (and thus its associated cost of capital) as well as the economic depreciation of the machines (since you have to replace them after, say, 25 years). As I calculated in a different comment, the actual economic profit is negative.

dingaling|5 years ago

If you're considering depreciation then you don't need to account for the initial imvestment, just the financing costs thereof. You're adding an asset and depreciating it, rather than considering it as 'money spent'.

thaumasiotes|5 years ago

No, the initial investment is negligible. Article has the high end of brand-new machines at $8k.

It's not $200k in income because you have to stock the machine.

rightbyte|5 years ago

But you subtracted the wage if I remember correctly. I would consider the wage as a profit.