How To Earn Today
How To Earn Today
Before reading this article:
I would need your permission to write some piercing lines that may sound rude & provoking but in long run, they will benefit you.
Context
This is the 21st century. An era of technology and digitalization. In this fast-growing world, no one should be left behind. Having multiple sources of income isn't only optional these days but necessary. And trust me it has been never as easier to invest, start, market, innovate as now.
I'm sorry but, You know? If you are still reluctant/procrastinating, you're missing out if you don't take the advantage of the power of compounding to grow your wealth. While the world is heading to alternate earning, by not creating an alternate earning source you deliberately are Choosing to be a mediocre middle class!!
Investing in the share market
If you can't start a business, it's better to buy a part of an established business and get benefits from the power of compounding. Investing has grown like anything recently. If you want your money to earn furthermore money, rather than sitting dead in the bank account, it's your call to go for it.
Very basic yet the most powerful suggestions
Lemme help you a bit with my personal experience:
- The First formula is not to invest too much initially. Start with a small amount, see how it grows.
- Don't just look for penny stocks instead invest in well-established companies like Infosys, TATA, Wipro etc. If their balance sheet convinces you. (Just examples not a recommendation)
- Keep learning about stock analysis through multiple sources. (I will soon add links to some high quality course material/youtube videos to learn stock analysis stay tuned and keep checking this blog for updates)
How to invest?
- Open a Demat account.
- complete KYC
- add money
- Buy stocks & here you go!!
After long online research, asking questions to near ones, reviews and newspaper readings, online ratings etc. I concluded 2 apps be the most reliable and trustworthy. I personally these 2 apps very efficient and useful and I use both.
1. Upstox (an Indian startup backed by the tata group)
A. Direct DMAT account opening
B. App download
2. Angel broking (decades-old company)
or use referral code as 832208.S (it gives you some surprise gift this way &/or some cash while the account opening is completely free)
Well, you must have gone through other apps and advertisements. It's up to you in your opinion what convinces you. But the bottom line is to start investing as early as possible.
Future releases & your options:
The coming versions of this blog will discuss more other sources of income. I'm personally more into entrepreneurship, business and self-help book reading.
Please leave your comments on what topic I should more write on and whether I should be more elaborated or more precise. You can suggest topics too. I'll personally read your comments and respond if possible. Thanks for your support. Stay happy and keep growing. For personal queries/suggestions/counselling or brainstorming (of course, free of cost Don't worry) I'll be more than happy to help you. Please do share if you like this blog.
Reach out
Here's my email - shubhamkumar0066@gmail.com
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