Most of us are still quarantined at home. While some can go outside already, many employees are working from home as one of the safety protocols during this time of the pandemic.
I bet you’re wondering how you can earn online at this point. Since you’re at home, why not maximize your capacity to make money? But how can you do it despite having full-time work? Is it even possible? Yes! There are endless possibilities when online. You can make money passively, without having to work 2 jobs. Let me share with you some secrets on how you can make money on the internet.
My top recommendation is for you to invest your money in stocks. Unlike savings, investments allow your money to work for you. You don’t have to work for money when you have investments. Also, the reason why I recommend stocks is that it is one of the safest portfolios, especially when you invest in stocks with good fundamentals. Remember that it’s easy to lose money than to win it. You have to choose carefully where you want to put your money. So, it’s either your earn money slowly or you lose it instantly.
Catch me in my live training events! (quick plug)
The heart of why I do these seminars is I want to build a generation of Filipinos with the right foundation in stock investing. I want to bring smart investing to every Filipino around the world! If you would like to know more about how you could time the market check out the training below.
Many people managed to go about their unemployment during this time of the pandemic. Since not a lot of companies are hiring, some ventured into online selling, online teaching, and freelancing. If you want to add an extra source of income, you can look for side hustles. You can sell online or work as a freelancer. There are many ways to do these side hustles. You can sell food, clothes, and other things that you think are essential today. You can venture into dropshipping as well.
Another way to earn online is by becoming a lender. You will be lending your money to businesses in exchange for monthly interests. There are online platforms now where you can become a lender. Some popular apps/websites are Blend PH and SeedIn PH. These platforms will require you to sign in and build your profile so you can start investing. All you have to do is to deposit money in your account, choose a reputable borrower, and lend him your money. Usually, the borrowers are big businesses that have a good track of credit records. You can do your own research about the borrower but these platforms have already done their own research even before allowing those borrowers to be on the website or app.
As you work at home, you can also invest in long-term portfolios which you can reap later on. You can invest in Pag-IBIG’s MP2 or you can buy real property. MP2 will mature in 1 or 5 years, depending on which maturity date you choose when you open an account. On the one hand, you can rent out the real property you bought, be it a condo or a house. You can get your monthly rental income from there.
You see, there are a lot of strategies to earn money online. Try them now!