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Abhishek

Abhishek Shah  |76 Answers  |Ask -

HR Expert - Answered on Jan 07, 2024

Abhishek Shah is an experienced tech and HR leader. He has over 10 years of experience in helping create sustainable thriving businesses, leveraging technology and mentoring people. He founded Testlify, a talent assessment platform in 2022. He is passionate about helping founders build high-performing tech teams. ... more
Asked by Anonymous - Jan 05, 2024Hindi
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Career

I am 22year old please tell me someone how I earn money at home

Ans: Hi there, to answer your question, I need to learn what are your key skills and interests. Send on more details please.
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Abhishek

Abhishek Shah  |76 Answers  |Ask -

HR Expert - Answered on Sep 12, 2023

Asked by Anonymous - Sep 11, 2023Hindi
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Career
I want to earn from my laptop at the comfort of my home. What are the ossible ways to do so ?
Ans: Hello,

Earning money from the comfort of your home using your laptop is entirely possible, thanks to the digital age and the rise of remote work and online opportunities. Here are several possible ways to earn money online:

Freelancing: Offer your skills and services on platforms like Upwork, Freelancer, or Fiverr. Depending on your expertise, you can find work in areas such as writing, graphic design, web development, digital marketing, and more.

Online Consulting or Coaching: If you have expertise in a particular field, you can offer consulting or coaching services via video calls or webinars. This could include business consulting, career coaching, fitness coaching, or any other specialized knowledge.

Content Creation: If you enjoy creating content, consider starting a blog, YouTube channel, or podcast. You can monetize these platforms through advertising, sponsorships, affiliate marketing, and selling digital products or merchandise.

Remote Jobs: Many companies now offer remote job opportunities in various fields, including customer service, software development, data analysis, and project management. Websites like Remote.co and We Work Remotely list such job openings.

E-commerce: Start an online store using platforms like Shopify or Etsy. You can sell physical products, dropshipping items, or digital products like e-books or printables.

Online Courses and E-learning: If you have expertise in a particular subject, you can create and sell online courses through platforms like Udemy, Teachable, or Coursera.

Stock Trading or Investing: If you have an understanding of financial markets, you can explore online stock trading or invest in stocks, cryptocurrencies, or other assets.

Affiliate Marketing: Promote products or services through affiliate programs and earn commissions for each sale or lead generated through your referral links.

Remote Internships: Some companies offer remote internships, which can be a great way to gain experience and earn money from home.

App Development or Software Development: If you have coding skills, you can develop mobile apps, software, or websites and sell them or earn money through advertisements and subscriptions.

Online Surveys and Market Research: Participate in online surveys or market research studies on platforms like Swagbucks or Survey Junkie. While this won't provide a substantial income, it can be a way to earn some extra cash.

Virtual Assistance: Offer administrative support, customer service, or social media management services to businesses and entrepreneurs who need remote assistance.

Remote Writing: Write articles, blog posts, or copy for websites and online publications. Many content agencies and websites pay freelance writers for their work.

Dropshipping: Set up an e-commerce store and partner with suppliers to fulfill orders. You won't need to hold inventory as products are shipped directly from the supplier.

Online Tutoring or Teaching: If you're knowledgeable in a subject, you can offer tutoring services or teach online courses through platforms like VIPKid, Chegg Tutors, or iTalki.

Remember that success in any of these online endeavors often requires time, effort, and dedication. It's essential to research and choose the path that aligns with your skills, interests, and long-term goals. Additionally, be cautious of scams and always verify the legitimacy of online opportunities before investing your time and money.

Regards,
Abhishek Shah

..Read more

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Ramalingam

Ramalingam Kalirajan  |1728 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 08, 2024

Asked by Anonymous - Apr 12, 2024Hindi
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Money
Sir , I am working man ( Age- 52 ) , I invested in MF , LIC , NPS , ULIP , FD , TermPlan etc .. all total the market value cost of invested fund is almost Rs. 50 lakhs.. Now my query is that do I withdraw all the money ( i.e. 50 lakhs) and invested in FD for 10 years to get monthly income ? pls guide me .. I am confused ...
Ans: It's understandable to feel confused when considering significant financial decisions like withdrawing and investing a substantial amount of money. Let's weigh the pros and cons of withdrawing your investments and putting the funds into fixed deposits (FDs) for generating monthly income:
Pros of Investing in FDs:
1. Stable Income: FDs provide a fixed interest rate, ensuring a predictable monthly income stream, which can be beneficial for meeting regular expenses.
2. Capital Preservation: Your principal amount invested in FDs is generally considered safe and protected, offering stability and security.
3. Ease of Management: FDs are relatively straightforward investment instruments, requiring minimal monitoring and management.
Cons of Investing in FDs:
1. Limited Returns: FDs typically offer lower returns compared to equity-linked investments like mutual funds, which may not be sufficient to keep pace with inflation over the long term.
2. Lack of Flexibility: Once you invest in FDs for a specific term, withdrawing funds before maturity may attract penalties or lower interest rates, limiting liquidity.
3. Inflation Risk: FD returns may not always keep up with the rising cost of living, potentially eroding the purchasing power of your income over time.
Considerations:
1. Risk Tolerance: Assess your risk tolerance and financial goals to determine if the conservative approach of FDs aligns with your needs. At age 52, preserving capital and generating steady income may be a priority.
2. Diversification: Review your overall investment portfolio and ensure it is well-diversified across asset classes to manage risk effectively. Consider maintaining exposure to growth-oriented investments like mutual funds for long-term wealth creation.
3. Financial Planning: Consult with a Certified Financial Planner to create a comprehensive financial plan tailored to your goals, risk profile, and income needs. They can provide personalized guidance and help you make informed decisions.
In conclusion, while FDs offer stability and regular income, they may not be the most efficient option for long-term wealth accumulation. It's essential to balance safety, liquidity, and returns based on your financial situation and objectives.
Best Regards,
K. Ramalingam, MBA, CFP,
Chief Financial Planner,
www.holisticinvestment.in

...Read more

DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Investment in securities market are subject to market risks. Read all the related document carefully before investing. The securities quoted are for illustration only and are not recommendatory. Users are advised to pursue the information provided by the rediffGURU only as a source of information and as a point of reference and to rely on their own judgement when making a decision. RediffGURUS is an intermediary as per India's Information Technology Act.

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