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Making Money Flipping, Investing, You Name it. Letís discuss other ways of making money!

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  #1  
Old 07-20-2020
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Default Ways to make money online 2020

Hello guys,
Was just curious to see what you guys thought were good business for 2020 to make money online.

Seems like everything is saturated.
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Old 07-20-2020
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Default Re: Ways to make money online 2020

So many streams still exist - takes research but sales, investing, services...

A lot might depend on how much you have startup funds to work with....what's your budget?
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Old 07-20-2020
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Default Re: Ways to make money online 2020

Hmm... I suggest reading 4 Hour Work Week.

https://fourhourworkweek.com/

I'm currently rereading it for the 5th time. Now only does he explain how to the new rich do it but he explains how to get started.

I like the first edition better than the revised editions but it's still good.
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Default Re: Ways to make money online 2020

The first thing that a future entrepreneur should understand is that now he will have to try very hard and work very hard to get something. The essence of one's own business is not that it frees from something, but that it gives opportunities. And how to use these opportunities is up to you. But for starting your own business, one idea is not enough. There is a lot of preliminary work to be done before you start. This work can be divided into several stages:
Creation of a competent business plan
Business study
Staff recruitment
Business registration
So think and decide.
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Default Re: Ways to make money online 2020

Quote:
Originally Posted by aspkin View Post
Hmm... I suggest reading 4 Hour Work Week.

https://fourhourworkweek.com/

I'm currently rereading it for the 5th time. Now only does he explain how to the new rich do it but he explains how to get started.

I like the first edition better than the revised editions but it's still good.
I can vouch for this
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  #6  
Old 09-06-2020
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Default Re: Ways to make money online 2020

Quote:
Originally Posted by aspkin View Post
Hmm... I suggest reading 4 Hour Work Week.

https://fourhourworkweek.com/

I'm currently rereading it for the 5th time. Now only does he explain how to the new rich do it but he explains how to get started.

I like the first edition better than the revised editions but it's still good.
It's a really simple book, why do you need to read it more than once?

Are you sure you're not procrastinating? I feel like you could have started an income stream instead of your 3rd & 4th readings.
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Old 09-06-2020
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Default Re: Ways to make money online 2020

Quote:
Originally Posted by MathProfessor View Post
It's a really simple book, why do you need to read it more than once?

Are you sure you're not procrastinating? I feel like you could have started an income stream instead of your 3rd & 4th readings.
Kind of aggressive on the bigboss there MathProfessor
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Old 09-06-2020
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Default Re: Ways to make money online 2020

Quote:
Originally Posted by unitsell View Post
Hello guys,
Was just curious to see what you guys thought were good business for 2020 to make money online.

Seems like everything is saturated.
you have to tell us more,
make money online?
how much working capital do you have?
what is your interest and specialty?
how much do you plan to make and in what timeframe?
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Old 09-06-2020
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Default Re: Ways to make money online 2020

Quote:
Originally Posted by MathProfessor View Post
It's a really simple book, why do you need to read it more than once?

Are you sure you're not procrastinating? I feel like you could have started an income stream instead of your 3rd & 4th readings.
Lol, you got me. I'm procrastinating.

I should have started something by now.
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  #10  
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Default Re: Ways to make money online 2020

Nowadays there are a lot of ways to make money online, and all of them are good and have their pros and cons, but in my opinion, the best one is trading. There is not a better and more legal way to make money than trading. Firstly it's easy to learn how to trade there are a lot of companies, sites, and books which will teach you to trade. Also, you can firstly trade on a ⊗⊗⊗⊗ account and learn all the nuances of this job, and only after that to make an fbs real account where you will start to make money. I started to trade as a hobby when I was only 16 years old, but I became so fond of it that it became my main work, and now I make enough money to feed my family and buy everything I want.

Last edited by GraceMetcal; 4 Weeks Ago at 05:06 AM.
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Default Re: Ways to make money online 2020

Quote:
Originally Posted by GraceMetcal View Post
Nowadays there are a lot of ways to make money online, and all of them are good and have their pros and cons, but in my opinion, the best one is trading. There is not a better and more legal way to make money than trading. Firstly it's easy to learn how to trade there are a lot of companies, sites, and books which will teach you to trade. Also, you can firstly trade on a ⊗⊗⊗⊗ account and learn all the nuances of this job, and only after that to make an fbs real account where you will start to make money. I started to trade as a hobby when I was only 16 years old, but I became so fond of it that it became my main work, and now I make enough money to feed my family and buy everything I want.
Forex is tricky but I have more fun with regular stocks
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  #12  
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Default Re: Ways to make money online 2020

Forex and commodities are too volatile,try stocks and stock options.
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Default Re: Ways to make money online 2020

Quote:
Originally Posted by GraceMetcal View Post
There is not a better and more legal way to make money than [forex] trading.
With Forex trading, your profits are another trader's loses because the object of trading is to exchange one currency for another in the hope that the price will change. In your favour.

Hope is not a reliable business strategy and luck won't always be on your side. There is more security in earning money by providing products and services that are needed and wanted.
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  #14  
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Default Re: Ways to make money online 2020

As an ex-gambler i'm scared to trade although I want to give it a try.
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Default Re: Ways to make money online 2020

Quote:
Originally Posted by MathProfessor View Post
It's a really simple book, why do you need to read it more than once?

Are you sure you're not procrastinating? I feel like you could have started an income stream instead of your 3rd & 4th readings.
lol... you're commenting on his income stream, genius!
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  #16  
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Default Re: Ways to make money online 2020

Quote:
Originally Posted by james_112233 View Post
As an ex-gambler i'm scared to trade although I want to give it a try.
I feel you on that - only risk what you are willing to watch drop/rise...chances are fairly good that with some research, you won't lose it all compared to pure gambling...
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Default Re: Ways to make money online 2020

Quote:
Originally Posted by rsot View Post
Forex is tricky but I have more fun with regular stocks
You do know he only posted to offer up a dodgy link? They're not interested in the slightest.

Nearly all their posts have one.
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  #18  
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Default Re: Ways to make money online 2020

Quote:
Originally Posted by Hank View Post
You do know he only posted to offer up a dodgy link? They're not interested in the slightest.

Nearly all their posts have one.
Yes I have noted - very dodgy...one of the ways of "making money" ...illegitly
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Default Re: Ways to make money online 2020

I personally make tons of money reselling. Covid-19 has brought on a lot of hardship on people but has also brought tons of opportunities. Lots of people are staying home now and items that were once widely available are now scarce. More recently I was cashing in on selling bikes, sewing machines, weights and now patio heaters. It's not always easy getting these items but its definitely possible. Thats where you have to put in a little research. Once you get everything down though you can become a real profit machine.
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