Starting a collection as an investment might not be the best idea — there are just too many better and proven investments out there! However, if you already own good collectibles, and you are willing to part with them, selling them can make a nice revenue stream. As you gain more expertise with the buying and selling process, you might naturally run into buying opportunities that you can later sell for profit.
Becoming a certified daycare provider requires a lot of documentation and regulation, plus, it’s a huge responsibility. Federal law requires that each state has guidelines in place for certified home child care providers, so be aware that each state’s licensing requirements are different. To learn about child care in your state, start by looking it up on this NACCRRA map. You can also learn more about licensing here.
Make sure your investment portfolio is well-diversified. This means you should invest in both stocks and bonds as well as different sectors like technology, banks, and consumer goods. Also, consider alternative investments like real estate through a platform like DiversyFund. You can also use Masterworks gives investors the opportunity to invest in fine art, which has outperformed the S&P 500 by more than 250% since 2000.
If you’d prefer to skip the startup phase of getting a business off the ground, you might want to buy a blog that’s already built and earning revenue. This is actually pretty easy to do as a lot of people start blogs, and then get bored with them. Getting a blog going is a labor-intensive process, and it’s not uncommon for people to give up before they’ve reached their full potential.
I actually have an Etsy shop, because I love the idea of making things and selling them from home, but I have no products! I opened the shop so that I could call dibs on the name! lol I decided I wanted to work from home a few years ago when my son was a toddler. The commute to work and the time away from him and from home were not worth it to me. So I gave it a try with freelance writing. Having the nerve to take on writing as a source of full time income was the toughest decision I ever made for my career. But it has been considerably more fulfilling than working anywhere else. As a freelance writer, I work from home and can make time for my family. It takes a keen proclivity for discipline because each day hours must be carved out and committed to writing, but it’s the only way I want to live now! I hope you don’t mind but I’d like to share about where I write the most. The company is called Ultius, Inc. and it is a platform that connects writers like me and clients who need writers. They facilitate the compensation and tell me what it is per page before I commit to writing it (it averages about $10 per page). I love it and the workflow is consistent for me because I get the same clients requesting my help. I highly recommend it for anyone who wants to earn while writing from home! 🙂