Highest Paying Jobs that you can do from home (via the internet)?

blueadams's picture
Rank: Baboon | banana points 150

It's my dream to live in a tropical third world country...and to make a solid American salary while doing so.

The power of the American dollar in some of these beautiful places is 5 or 10 times as great. Making $50,000 a year and living in one of these places would be like making $250,000 or $500,000 a year.

So, I'm starting to investigate what some of the highest paying jobs you can do from home (via the internet) are. But I'm having a lot of trouble finding reliable info with the flood of "get rich quick working from home" b.s. sites out there.

So, I'm here fishing for ideas. Something I can get a masters degree in and be qualified for (plus a year or two of in-office working experience, if necessary).

Any ideas would be greatly appreciated!

Blue

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Comments (73)

Mar 13, 2012

buy a bunch of houses and live off the rental income.

Mar 13, 2012
djfiii:

buy a bunch of houses and live off the rental income.

Exactly, but you need some $ first.

Mar 14, 2012
djfiii:

buy a bunch of houses and live off the rental income.

Maybe once I have that kind of investment capital.

Mar 14, 2012

oops, double post.

Mar 13, 2012

Become a developer

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Mar 14, 2012
lime1945:

Become a developer

What kind of developer?

Mar 13, 2012
blueadams:
lime1945:

Become a developer

What kind of developer?

Sorry for not being specific. Software/Web developer. It's a fairly well paid profession, but I don't have any specific numbers. Think $50k-$100k+ the latter if you luck out or are really good at what you do.

Mar 13, 2012
blueadams:

It's my dream to live in a tropical third world country...and to make a solid American salary while doing so.

The power of the American dollar in some of these beautiful places is 5 or 10 times as great. Making $50,000 a year and living in one of these places would be like making $250,000 or $500,000 a year.

So, I'm starting to investigate what some of the highest paying jobs you can do from home (via the internet) are. But I'm having a lot of trouble finding reliable info with the flood of "get rich quick working from home" b.s. sites out there.

So, I'm here fishing for ideas. Something I can get a masters degree in and be qualified for (plus a year or two of in-office working experience, if necessary).

Any ideas would be greatly appreciated!

Blue

Software development or web design are options. You could also trade forex or equities, Im guessing the tax regimes in these places could be pretty decent? How reliable is the internet out there though?

Damn you Rodger!

My WSO Blog

Mar 13, 2012

Start on online business? If you do it solo, I don't see why you can't run it from anywhere

Mar 13, 2012

Or you could do Mechanical Turk tasks for a penny a task haha

Mar 13, 2012

online poker

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Mar 13, 2012
TedMosby:

online poker

This. I know someone who lives in paradise for dirt cheap and plays poker professionally online. Absolutely a dream life

Mar 13, 2012

I run a GPT site that makes me about $100 a day. All it took was for me to put $1200 upfront to pay the members. It's a site that allows its users to do surveys ($0.75 each) and make money. The advertisers pay me $1 per survey completed and I pass 75% of that to my members. Easy money, especially for a 16(turned 16 today !!) and great for my Wharton and Stanford apps =)

10030=3000
3000
12=36000/ year (more than my mom).

Learn Programming, Lectures by Professor Mehran Sahami for the Stanford Computer Science Department

http://www.youtube.com/watch?v=KkMDCCdjyW8

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Mar 13, 2012
Buyside:

I run a GPT site that makes me about $100 a day. All it took was for me to put $1200 upfront to pay the members. It's a site that allows its users to do surveys ($0.75 each) and make money. The advertisers pay me $1 per survey completed and I pass 75% of that to my members. Easy money, especially for a 16(turned 16 today !!) and great for my Wharton and Stanford apps =)

10030=3000
3000
12=36000/ year (more than my mom).

this is the evil method

Jan 22, 2015

Hi Buyside, could you recomend me some legit gpt sites that works very well for europeans? Thanks in advance!

Mar 13, 2012

Just develop a simple but addictive app

http://www.gottabemobile.com/2012/03/12/draw-somet...

Mar 13, 2012

assuming you have the skill, day trade!

importing US products and reselling them in the said 3rd world country.

Mar 13, 2012

If you're a hot chick you could probably make a killing on www.myfreecams.com. Most of them are from third world countries like Russia and Europe.

Mar 13, 2012
Flake:

If you're a hot chick you could probably make a killing on www.myfreecams.com. Most of them are from third world countries like Russia and Europe.

Idiot.

Mar 14, 2012
Boreed:
Flake:

If you're a hot chick you could probably make a killing on www.myfreecams.com. Most of them are from third world countries like Russia and Europe.

Idiot.

How much does a Russian wife cost? Could you import a few hotties from places unknown and run a little free cam resort? Essentially you would be a camera pimp and collect some of the money...though I suspect you might need a good number of girls to get that done.

I would actually seriously consider doing something like what the OP is asking about.

I've never looked into programming, but how difficult is it to learn/pickup and how boring is the work?

Regards

Mar 14, 2012
Boreed:
Flake:

If you're a hot chick you could probably make a killing on www.myfreecams.com. Most of them are from third world countries like Russia and Europe.

Idiot.

Why?

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Mar 13, 2012

online poker is a trap, big bro plays it professionally, got friends in the tour, they cant leave. Life never changes, they've reached their earnings limit, and leaving would take a lifestyle hit they are afraid to take. That tropical island is only paradise because you have the choice of leaving it, when you're stuck there its hell, ask a local.

Mar 13, 2012
trazer985:

online poker is a trap, big bro plays it professionally, got friends in the tour, they cant leave. Life never changes, they've reached their earnings limit, and leaving would take a lifestyle hit they are afraid to take. That tropical island is only paradise because you have the choice of leaving it, when you're stuck there its hell, ask a local.

damn bro why u gotta go an' crush a jigga dream like dat

Mar 13, 2012
trazer985:

online poker is a trap, big bro plays it professionally, got friends in the tour, they cant leave. Life never changes, they've reached their earnings limit, and leaving would take a lifestyle hit they are afraid to take. That tropical island is only paradise because you have the choice of leaving it, when you're stuck there its hell, ask a local.

Don't blame the game. Blame the player.

Power and Money do not change men; they only unmask them

Mar 13, 2012

Working online would be aweeeesome....

Mar 13, 2012

poker / seo consultant / programmer / designer / day trader / online marketing / affiliate marketing

list goes on

site i always recommend to people:
http://www.lifestylebusinesspodcast.com/

WSO's COO (Chief Operating Orangutan) | My Linkedin

Mar 13, 2012
Mar 14, 2012

Thanks for the great suggestions everyone. Some comments on questions on the ideas...

Ideas I liked:

Importing US Products and Reselling them in said third world country - THIS...is not a bad idea at all. Maybe once I get there I'll notice some big gaps in the local market. Intriguing.

Start an Online Business - Got any good, simple ideas? Like I said, I'm not looking to make a whole lot more than $50,000 a year. Are there any good tried and true easy methods out there?

GPT Site - I've heard of these, but don't know much about them. Any good suggestions - aka non rip-off sites - to help me learn more/potentially get started.

Online Marketing/Affiliate Marketing - Is this more or less the same deal as GPT, or are you talking about something entirely different?

Software Development or Web Site Design - I've thought about these paths as well. How much can they make a year? And can they work abroad as salaried employees...or is it only as independent consultants (stressful).

"App" - Much easier said than done. But maybe I could figure something niche out.

SEO Consultant - I'm not quite sure what this is...but it sounds intriguing.

Ideas that might not be right for me (at least right now):

Property Management - This would be a great idea once I had some start-up capital. I have thought about eventually purchasing things that don't require much time/physical presence...like storage facilities of various sorts.

(Day) Trading Forex or Equities - Seems like it'd be stressful, and I'm not sure that I'd be very good at it.

Mechanical Turk tasks - I'm guessing this was a joke?

Poker - I'm not a very good poker player, lol.

Thanks again for all of the great suggestions thus far!

Blue

Mar 14, 2012

Why not just start a website where you smash the locals and put it online? You can bill it as "living the dream."

Mar 14, 2012

"Richard, that is a great question, but it is very difficult to answer. Since having my 3rd child (I now stay at home with 3 kids under the age of 4), I'm too busy to complete offers. I built up my downline and now make $40 to $50 a month with gpt sites without spending any time on them at all. My downline is earning for me. All I do is log in to each site once a month (spending less than 2 minutes on each site) to keep my account active."

low risk, low reward.

Mar 14, 2012

i think andylouis had a nice post on this a while back. search it.

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Mar 14, 2012

I know a girl (a friend of a friend) that makes roughly $100k-$150k per year running a coupon(ing) website. She does update it a lot, so it's by no means a 'set it and forget it' type business but I don't think she spends a tremendous amount of time per day...probably just a few hours...so that is pretty good money. Plus she lives in a small city...basically a college town...and has a super low cost of living. That works out great for her because she's a mother and doesn't want a 9-5 and gets to work from home.

Ideally you could find someone else's idea and just replicate it and try to add some value to the site...something that the original person doesn't have. If you can get people to visit it, you can generate some decent ad revenue and it shouldn't be too time consuming to maintain.

My one issue with moving off the grid and living the island lifestyle is whether or not I will feel 'fulfilled'. I realize working in finance isn't all that some people like to make it out to be, but there is a certain sense of accomplishment that comes with having a high paying job and affording nicer things in life. If you check out and move to some island and run a website will you ultimately feel like you gave up? I realize that is all a matter of perspective and that having an 'easy life' can be super appealing but I've thought about doing this several times and never went through with it because in the end I think I would sort of feeling like I'm running from the challenge. Maybe I'm being naive and stupid.

Regards

    • 1
Oct 5, 2012

Become a life coach.

Oct 7, 2012

Real estate broker...condo sales and vacation rentals for English speakers. The truth is, if it was easy to just make website where you could earn 50,000 dollars everyone would try to do it.

Oct 19, 2012

Go with the Life Coach idea, maybe sell some Herbalife online, people always looking to lose weight

Nov 6, 2012

Friend of my dad is a computer consultant; designs and manages retail websites for big companies.

Honestly, it seems to be one of the sickest job ever. He can work anywhere he has internet, so he usually works from home. Hours are whenever he wants pretty much, with the occasional conference call and late night handling servers when high demand products are released. He spends tons of time with his kids, working out, watching tv series, movies, playing tennis, anything etc.

Given all this, his pay of around 250k a year is pretty sick. He actually used to be a quant guy on wall street but preferred the relaxed nature of this job.

Feb 17, 2013

This.site would be so.much better, if the trolls who have nothing to do on this site,but to provide smart ass answers left,hint,,,help dont hurt, losers.

Feb 17, 2013

Stick to comments, helping people, or go back to your porn site,wow, what losers.

Jan 22, 2015

Programmer. You can make some serious cash programming.

Best Response
Jan 22, 2015

There is no fucking chance I would wear anything but sweats and a t-shirt if I was working from home. Disclaimer: I'm terrible at working from home.

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Jan 22, 2015

Last Friday during the NYC snow.. bathrobe, slippers, sweatpants. Then watched the last season of 'Weeds' while working from home.

Jan 22, 2015

I slack off if I can at home. But if I have work to do I don't. I definitely am not dressing up at home, though, that seems silly. Sweats all the way. For me there are two things that make a difference:

1) Having a work area defined for work. Like, for instance, if I sit on the couch with my laptop I have a much harder time working then sitting at a desk. I actually always keep a desktop for both this reason (and battlefield).

2) Turning off the TV and turnign on music. EDM helps me focus and I listening to my headphones whenever i'm working hard at work. So I pull up a playlist and put it on in my apartment and turn off other things like the TV.

I do also thing getting up/keeping a morning routine helps, as well.

Jan 22, 2015

The few times I work from home I get buttloads of work done. If I did it more often, I'd take your advice. However, simply not dealing with constant distractions allowed me to maybe start a bit later but then plow through a huge amount of work without interruption.

Jan 22, 2015

I only live a 10 minute walk from the office so almost never work from home - and when I do it's just wrapping up something later at night, so no real rush.

But CFA study is a whole other story - I'll wake up, shit shave shower, coffee, then put on my suit and get to work. The clothes don't put me so much of a work mode, they're just uncomfortable and keep me from falling back asleep or staring longingly at the couch. If at all possible, build a home office with no TV or couch or whatever in sight.

The moment that TV turns on, productivity ceases. But as of an hour from now cable should be cancelled - gonna produce the shit out of this year :D

Jan 22, 2015

I'm guessing I am different than most. But I get much more done when I have a 3 day beard, a stain on my shirt, and haven't showered in 2 days. I find that I get more done because I am different than most.

Follow the shit your fellow monkeys say @shitWSOsays

Life is hard, it's even harder when you're stupid - John Wayne

    • 3
Jan 22, 2015
heister:

I'm guessing I am different than most. But I get much more done when I have a 3 day beard, a stain on my shirt, and haven't showered in 2 days. I find that I get more done because I am different than most.

I want to dislike you, but I can't. I don't have it in me. The monkey shits were not mine.

Jan 22, 2015

Work from home quite often, advice as follows:

0) Wake up at a normal-ish time, no later than 9
1) Wear whatever you feel most comfortable in - for me this is usually tracksuit bottoms and a hoodie / tshirt
2) Work less hours but more intensely than you do at work - I can easily get a full days work done in 4-5 hours at home
3) Sit somewhere with NO distractions, no TV or anything - any minor distraction will KILL your productivity
4) Work in short stints (30-60 minutes) and take dedicated 10-15 minute breaks and enforce this rigorously
5) Take a full hour for lunch to sort out any household admin and get any distracting activities out of your system
6) Consider turning off your wifi during your working stints and only checking email during the breaks

Mar 13, 2012

@asatar said it pretty well

been working from home and/or a local cafe at least 3 days a week since i graduated college and ha i don't think i could work any other way. could write a whole blog post on the topic...

WSO's COO (Chief Operating Orangutan) | My Linkedin

Mar 14, 2012

We're waiting...

Jan 22, 2015

I love sweatpants and hoodies so much. It's best when the hood has plenty of room and I can fucking disappear in that shit.

Jan 22, 2015

Spent 25 months working from home 4 days a week. It basically ruined my life. It destroyed my sleeping schedule, it turned me into a person who always arrived late, productivity was difficult because of distractions, I ate horribly and hardly exercised because I would go 4-5 days in a row hardly seeing anyone so I would wear sweat pants--55 lbs later I realized that I got fat. And it exacerbated my introversion. I would be crushing work and would step back for a moment and realize that I had gone 2 weeks without having a non-work conversation.

I'm maybe 24 months away from becoming the boss at my bank. Once I get there I will let my subordinates work from home once a week; however, I wouldn't want it to become routine for them or they could end up nearly destroying their lives like I did.

Jan 22, 2015

Great post!

I'm bi-winning. I win here, and I win there.

Jan 22, 2015

Working from home = not working. I don't listen to anyone saying that's not true. My friend Marissa agrees.

Jan 22, 2015

No fucking way I would wear I suit when I work from home. shirt, hoodie, maybe jeans (more likely sweatpants). You guys pointed out how it's important to keep on the routine, but I give you the 80/20 solution: just wear shoes. I.e. wear whatever you want, but do have some shoes on. Slippers will kill your mood. Sneakers will do. Somehow shoes restrict the blood from circulating too well down there, so the blood has to stay up and goes to your brain. But I'm not a doctor. Just trust me.

/bs

Oh, and besides that, wear headphones if you can't concentrate.

Jan 22, 2015

When I work from home I just turn on the instant messenger, volume on max. and walk out of the room. Don't touch my laptop unless a message comes in.

Jan 22, 2015

My advice is prepare to collect unemployment. Face time matters unfortunately!

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Jan 22, 2015
madepicson:

My advice is prepare to collect unemployment. Face time matters unfortunately!

huh? Working from home is a pretty common thing these days. At least partially.

Jan 22, 2015

Definitely should get @"AndyLouis" in on this. I think he works on WSO remotely FT

Mar 13, 2012
packmate:

Definitely should get @AndyLouis in on this. I think he works on WSO remotely FT

yeah 100% of the work i do is from home, when I find some time i'll add to this post, or add a couple blog posts on the topic

WSO's COO (Chief Operating Orangutan) | My Linkedin

Jan 22, 2015

Agree it's definitely not a one-size fits all solution. And now, I ONLY wear sweats when I work from home or in a hotel room. The three tips above weren't necessarily for the person who spends 80% or more working from home, just the occasional day or two here and there where tricking your brain and body into thinking you're going into the office is key. Otherwise @Asatar is spot on!

Jan 22, 2015

The 'hardest part' about working from home is getting through the jacking-off phase.

Jan 22, 2015

Agree with a lot of the points above (as I sit here, WFH, wearing sweats and a hoodie)... One thing I would add is this: set a goal of what you would like to accomplish during the day and do it. I find that if I say I wanna do x, y, and z before knocking off for the day, I am much more likely to do it and avoid distractions. I usually try to set this equal to what I think I would accomplish if I am in the office. Once I'm done, I'm done. Doesn't matter if it's 2p or 8p (later time because I was screwing around all day).

Jan 22, 2015

"Working from home" LOL!

Make sure to have at least a dozen episodes queued up, maybe a movie or two. Have at least 2-3 meetings or conference calls on your calendar beforehand so you aren't disturbed during your nap.

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Jan 22, 2015

If you want to be productive, communicate over the phone with whoever you are working with (not throughout the day, but make sure the communication for your work that day is not solely through chat or email).

When you hear someone's voice telling you what to do, when to finish it, and how to do it, you will feel bad NOT working hard. If you're reading text, there is the feeling that the assignment is unimportant.