HOW TO GROW YOUR MONEY WITH THE RIGHT INVESTMENTS : Mutual Fund Investment

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  ALL YOU NEED TO KNOW ABOUT DOLLAR AND MONEY MARKET MUTUAL FUND INVESTMENT After our recent seminar on investment, a lot of participants have contacted me to write on the subject for easy reference. Thus, today we'll be focusing on money market and dollar mutual fund investments. Money market investments are short-term, highly liquid assets that provide a safe place to park cash. Dollar mutual funds, on the other hand, invest in a variety of short-term debt securities issued by the U.S. government, corporations, and municipalities. WHYSHOULD YOU CONSIDER INVESTING YOUR FUNDS? Investing your funds can potentially offer several benefits. Firstly, it allows your money to grow over time through the power of compounding. By putting your money into various investment vehicles like stocks, bonds, or real estate, you have the opportunity to earn returns that exceed traditional savings account interest rates. Secondly, investing helps you hedge against inflation. Over time, the purch...

SIDE HUSTLE: HOW TO EARN IN DOLLARS IN NIGERIA

 

SIDE HUSTLE HUB- 

Earning in dollars while living in Nigeria can be a lucrative side hustle, especially with the rise of remote work opportunities and online platforms. Here are some ideas to consider:

1. Freelancing: Offer your skills and services online to clients worldwide through freelancing platforms such as Upwork, Freelancer, and Fiverr, or by directly reaching out to potential clients through social media or professional networks. This way, you can earn in dollars and receive payments through platforms like PayPal or Payoneer.



2. Remote Work: Look for remote job opportunities with companies based outside Nigeria. Many companies offer remote positions that pay in dollars. Job boards like Remote.co, We Work Remotely, and Remote OK are great places to start your search.

3. Online Business: Start an online business selling products or services that cater to an international audience. This could include e-commerce, digital products, online courses, consulting services, etc. Platforms like Shopify, Etsy, Teachable, and Gumroad can help you set up your online business.

4. Investments: Consider investing in global financial markets. You can invest in stocks, bonds, or mutual funds through international brokerage platforms. However, be sure to research and understand the risks involved in investing before you start.

5. Affiliate Marketing: Promote the products or services of other companies and earn a commission for each sale or lead generated through your referral. Affiliate marketing can be done through blogs, social media, YouTube channels, or email marketing.

6. Cryptocurrency Trading: Engage in cryptocurrency trading if you have knowledge and experience in this area. You can buy, sell, and trade cryptocurrencies on various exchanges and potentially earn profits in dollars.

7. Export/Import Business: Start an import/export business dealing with products that have demand in international markets. You can export locally produced goods or import products that are in demand domestically.

8. Tourism and Hospitality: If you're in a location with tourist potential, consider starting a tourism or hospitality-related business targeting international visitors. This could include running a guesthouse, offering guided tours, or providing travel services.

Remember, whichever path you choose, it's important to conduct thorough research, develop your skills, and stay updated with the latest trends and opportunities in your chosen field. Additionally, consider seeking advice from financial professionals or mentors who can guide you in your journey to earning a dollar in Nigeria.



APPS THAT PAY WITH DOLLARS

There are several apps that offer opportunities to earn money in various ways, including through tasks, surveys, cashback, or other activities. Here are some popular ones:

1. Swagbucks: Swagbucks offers a variety of ways to earn money, including taking surveys, watching videos, shopping online, and searching the web.

2. Ibotta: Ibotta is a cashback app that allows users to earn money back on purchases made at participating retailers, both in-store and online.

3. Survey Junkie: Survey Junkie is a platform where users can take surveys in exchange for rewards, including cash via PayPal.

4. InboxDollars: InboxDollars offers paid surveys, watching videos, and reading emails to earn cash rewards.

5. Cash App: While primarily used for peer-to-peer payments, Cash App also offers the option to earn cash back at participating merchants.


6. Foap: Foap


is an app where users can sell their photos and videos for cash.

7. TaskRabbit: TaskRabbit allows users to find freelance jobs in their area, ranging from handyman tasks to administrative work, and get paid for completing them.

8. Gigwalk: Gigwalk connects users with local gigs, such as mystery shopping or product testing, which pay upon completion.

9. Field Agent: Similar to Gigwalk, Field Agent pays users for completing tasks in their local area, such as checking prices or taking photos of products in stores.

10. Sweatcoin: Sweatcoin rewards users for being physically active by converting their steps into a digital currency that can be redeemed for various rewards, including cash.

Always make sure to read the terms and conditions of these apps and be wary of any that seem too good to be true. Additionally, be cautious when sharing personal information and banking details with any app

  I would like you to add to this list through the comment box.

We are here for a free consultation!


Kingsley Ehimare- Kingsmond


A leadership, HR professional, and business psychologist with over 10 years of experience in organizational development, talent management, expatriate management, and employee engagement. Specializing in creating innovative solutions to drive performance and foster a positive work culture. A prolific writer, he writes for http://kingsmond.comhttp://Quora.com, The Heart Magazine, etc. He is also a sought-after speaker and has delivered keynote presentations at various industry conferences and events. His expertise in leadership development and organizational psychology has helped numerous companies achieve their goals and enhance their overall success.

 

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